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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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Peter J. Lyons

Criminal, Collection, Freedom of Religion

Status: In Good Standing Licensed: 49 Years

CONTACT

812 Douglas St, Boyne City, MI 49712

Wanda S. Losher

Collection, Divorce & Family Law, Estate, Criminal

Status: In Good Standing Licensed: 10 Years

CONTACT

East Jordan, MI 49727

John P. Ternes

Real Estate, Elder Law, Estate Planning, Credit & Debt

Status: Inactive Licensed: 70 Years

CONTACT

1101 N Us Highway 31, Petoskey, MI 49770

Ryan Robert Charles

Consumer Rights, Business, Consumer Bankruptcy, Accident & Injury

Status: In Good Standing Licensed: 17 Years

CONTACT

2001 M 119, Petoskey, MI 49770

Joel D. Wurster

Construction, Trusts, Contract, Collection

Status: In Good Standing Licensed: 31 Years

CONTACT

214 1/2 Park Ave, Petoskey, MI 49770

Robert William Mendham

Accident & Injury, Bankruptcy & Debt, Criminal, Divorce & Family Law, Landlord-Tenant

Status: In Good Standing Licensed: 23 Years

CONTACT

406 Petoskey Street, Petoskey, MI 49770

William Paul Slough

Litigation, Estate Planning, Consumer Bankruptcy, Bankruptcy

Status: In Good Standing

CONTACT

Gaylord, MI 49734

George J. Mertz

Criminal, Collection, Litigation

Status: In Good Standing Licensed: 22 Years

CONTACT

225 W Main St, Gaylord, MI 49735

Bernard J. Caspar

Criminal, Bankruptcy, Divorce, Social Security -- Disability

Status: Inactive Licensed: 47 Years

CONTACT

1852 S Otsego Ave, Gaylord, MI 49734

Timothy Smith

Contract, Bankruptcy, Personal Injury, Workers' Compensation

Status: Inactive Licensed: 15 Years

CONTACT

5018 River Rd, Petoskey, MI 49770

800-923-0641

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LEGAL TERMS

CYBERSQUATTING

Buying a domain name that reflects the name of a business or famous person with the intent of selling the name back to the business or celebrity for a profit. T... (more...)

Buying a domain name that reflects the name of a business or famous person with the intent of selling the name back to the business or celebrity for a profit. The Anticybersquatting Consumer Protection Act of 1999 authorizes a cybersquatting victim to file a federal lawsuit to regain a domain name or sue for financial compensation. Under the act, registering, selling or using a domain name with the intent to profit from someone else's good name is considered cybersquatting. Victims of cybersquatting can also use the provisions of the Uniform Domain Name Dispute Resolution Policy adopted by ICANN, an international tribunal administering domain names. This international policy results in arbitration of the dispute, not litigation.

TRADE NAME

The official name of a business, the one it uses on its letterhead and bank account when not dealing with consumers.

CHAPTER 13 BANKRUPTCY

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your inc... (more...)

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your income to pay all or a portion of the debts over three to five years. The minimum amount you must pay is roughly equal to the value of your nonexempt property. In addition, you must pledge your disposable net income -- after subtracting reasonable expenses -- for the period during which you are making payments. At the end of the three-to five-year period, the balance of what you owe on most debts is erased.

FRAUDULENT TRANSFER

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee --... (more...)

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee -- for instance, when a debtor signs a car over to a relative to keep it out of the bankruptcy estate. Fraudulently transferred property can be recovered and sold by the trustee for the benefit of the creditors.

NONDISCHARGEABLE DEBTS

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chap... (more...)

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chapter 13 bankruptcy, the nondischargeable debts will have to be paid in full during your plan or you will have a balance at the end of your case. Examples of nondischargeable debts include alimony and child support, most income tax debts, many student loans and debts for personal injury or death caused by drunk driving. Compare dischargeable debts.

401(K) PLAN

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income ... (more...)

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income taxes on the amount invested and any earnings are due until the employee withdraws money from the fund.

FORBEARANCE

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily ... (more...)

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily postponing or reducing the borrower's payments.

C CORPORATION

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S c... (more...)

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S corporation, whose profits are passed through to shareholders and taxed on their personal returns under subchapter S of the Internal Revenue Code.

CURRENT MONTHLY INCOME

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding... (more...)

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding the bankruptcy filing. The debtor's current monthly income is used to determine whether the debtor can file for Chapter 7 bankruptcy, among other things.

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Boyne Falls Bankruptcy & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Peter J. Lyons

Wanda S. Losher

John P. Ternes

Ryan Robert Charles

Joel D. Wurster

Robert William Mendham

William Paul Slough

George J. Mertz

Bernard J. Caspar

Timothy Smith

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LEGAL TERMS

CYBERSQUATTING

TRADE NAME

CHAPTER 13 BANKRUPTCY

FRAUDULENT TRANSFER

NONDISCHARGEABLE DEBTS

401(K) PLAN

FORBEARANCE

C CORPORATION

CURRENT MONTHLY INCOME

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