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Tricia Terry
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Marrs & Terry, PLLC
6553 Jackson Road Ann Arbor, MI 48103Â» view map
Bankruptcy & Debt
Personalized, Efficient Counsel

Marrs & Terry, PLLC have been helping individuals face a variety of legal challenges, including bankruptcy, estate planning and administration, and family law.

800-862-7221
1. Tricia Terry Ann Arbor, MI
  Attorney at Law- MI, 1999
  Thomas M. Cooley Law School, J.D.
2. AboutExperienced Michigan Lawyer
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Donald C. Wilson

Real Estate, Litigation, Administrative Law, Bankruptcy

Status: In Good Standing

CONTACT

700 Towner Street, Ypsilanti, MI 48198

Gary L. Sackett

Tax, Transportation & Shipping, Elder Law, Bankruptcy

Status: In Good Standing

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8556 N. Canton Center Road, Canton, MI 48188

Thomas Paluchniak

Collection, Consumer Bankruptcy, Commercial Bankruptcy, Bankruptcy

Status: In Good Standing

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712 Stanley St, Ypsilanti, MI 48198

Darin Kurt Weinberg

Divorce & Family Law, Criminal, Bankruptcy, Accident & Injury

Status: In Good Standing

FREE CONSULTATION

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38110 N. Executive Drive, Westland, MI 48185

David M. Parrott

Landlord-Tenant, Traffic, Civil Rights, Credit & Debt

Status: In Good Standing Licensed: 39 Years

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42156 N. Cumberland Drive, Belleville, MI 48111

Robert Keyes

Bankruptcy & Debt, Credit & Debt, Bankruptcy, Criminal, Traffic

Status: In Good Standing Licensed: 19 Years

FREE CONSULTATION

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300 N Huron St, Ypsilanti, MI 48197

J. Gregory Frye

Social Security -- Disability, Mental Health, Government Agencies, Bankruptcy

Status: In Good Standing Licensed: 25 Years

CONTACT

700 Towner St, Ypsilanti, MI 48198

William C. Babut

Lawsuit & Dispute, Social Security -- Disability, Social Security, Bankruptcy

Status: In Good Standing Licensed: 37 Years

CONTACT

700 Towner St, Ypsilanti, MI 48198

Gregory L. Dodd

Divorce & Family Law, White Collar Crime, Collection, Bankruptcy

Status: In Good Standing Licensed: 35 Years

CONTACT

300 N Huron St, Ypsilanti, MI 48197

Patricia A. Streeter

International, Criminal, Civil Rights, Collection

Status: In Good Standing Licensed: 45 Years

CONTACT

480 N Canton Center Rd, Canton, MI 48187

800-923-0641

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LEGAL TERMS

SOLE PROPRIETORSHIP

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, m... (more...)

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, meaning that business profits are reported and taxed on the owner's personal tax return. Setting up a sole proprietorship is cheap and easy since no legal formation documents need be filed with any governmental agency (although tax registration and other permit and license requirements may still apply). Once you file a fictitious name statement (assuming you don't use your own name) and obtain any required basic tax permits and business licenses, you'll be in business. The main downside of a sole proprietorship is that its owner is personally liable for all business debts.

TOXIC TORT

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and su... (more...)

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and suffering.

FCBA

See Fair Credit Billing Act.

FRATERNAL BENEFIT SOCIETY BENEFITS

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal socie... (more...)

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal societies that provide benefits. Also called benefit society, benevolent society or mutual aid association benefits. Under bankruptcy laws, these benefits are virtually always considered exempt property.

REPOSSESSION

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and ... (more...)

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and has not attempted to work with the lender to resolve the problem. A repossessor can't use force to get at your car, but he can legally hot-wire it and even drive it out of your unlocked garage.

LIMITED PARTNERSHIP

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner ... (more...)

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner or partners (called general partners) have unlimited personal liability. The key difference between a general and limited partner concerns management decision making--general partners run the business, and limited partners, who are usually passive investors, are not allowed to make day-to-day business decisions. If they do, they risk being treated as general partners with unlimited personal liability.

UNDUE HARDSHIP

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in t... (more...)

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in the future to pay off the loan may be able to show that repayment would be an undue hardship.

DOING BUSINESS AS (DBA)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or ... (more...)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or similar document with the appropriate agency -- for example, the county clerk. This enables consumers to discover the names of the business owners, which is important if a consumer needs to sue the business.

MEETING OF CREDITORS

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a f... (more...)

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a few questions. In a Chapter 7, the meeting of creditors lasts a few minutes and rarely do any creditors show up. In a Chapter 13 bankruptcy, one or two creditors may attend, especially if they disagree with some provision of your repayment plan.

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Belleville Bankruptcy & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Donald C. Wilson

Gary L. Sackett

Thomas Paluchniak

Darin Kurt Weinberg

David M. Parrott

Robert Keyes

J. Gregory Frye

William C. Babut

Gregory L. Dodd

Patricia A. Streeter

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LEGAL TERMS

SOLE PROPRIETORSHIP

TOXIC TORT

FCBA

FRATERNAL BENEFIT SOCIETY BENEFITS

REPOSSESSION

LIMITED PARTNERSHIP

UNDUE HARDSHIP

DOING BUSINESS AS (DBA)

MEETING OF CREDITORS

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