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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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Not enough matches for Dafter Bankruptcy & Debt lawyer.
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David E. Bulson

Bankruptcy & Debt, Real Estate, Estate, Wills & Probate, Trusts

Status: In Good Standing Licensed: 43 Years

CONTACT

402 Ashmun St, Sault Sainte Marie, MI 49783

Charles J. Palmer

Bankruptcy

Status: In Good Standing Licensed: 38 Years

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545 Ashmun St, Sault Sainte Marie, MI 49783

Kathryn M. Meninga

Civil Rights, Bankruptcy, Estate, Admiralty & Maritime, Administrative Law

Status: In Good Standing Licensed: 22 Years

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111 Ashmun St, Sault Sainte Marie, MI 49783

Paul M. Brewster

Construction, Medicare & Medicaid, Estate Planning, Credit & Debt

Status: In Good Standing Licensed: 43 Years

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111 Ashmun St, Sault Sainte Marie, MI 49783

Alexis Marie Lambros

General Practice

Status: In Good Standing Licensed: 22 Years

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544 Ashmun St, Sault Sainte Marie, MI 49783

Alexis M. Lambros

General Practice

Status: In Good Standing Licensed: 22 Years

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544 Ashmun St, Sault Sainte Marie, MI 49783

Anthony E. Andary

General Practice

Status: In Good Standing Licensed: 44 Years

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Sault Sainte Marie, MI 49783

Brian A. Peppler

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Status: Inactive Licensed: 45 Years

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7332 S Ridge Rd, Sault Sainte Marie, MI 49783

Bruce Cranham

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Status: Suspended

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416 Ashmun St, Sault Sainte Marie, MI 49783

Carol S. Andary

Landlord-Tenant, Litigation, Wills & Probate, Workers' Compensation, Criminal

Status: In Good Standing Licensed: 44 Years

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Sault Sainte Marie, MI 49783

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LEGAL TERMS

LIMITED LIABILITY

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or ... (more...)

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or a person who invests in a corporation (a shareholder) generally stands to lose only the amount of money invested in the business. This means that if the business folds, creditors cannot seize or sell an owner's home, car, or other personal assets.

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.

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.

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.

PRIORITY DEBT

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13... (more...)

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13 bankruptcy. Priority debts include alimony and child support, fees owed to the trustee and the attorney in the bankruptcy case, and wages owed to employees.

FCBA

See Fair Credit Billing Act.

NUISANCE FEES

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fe... (more...)

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fees, inactivity fees and fees for not carrying a balance from month to month. It's best to shop around and get rid of cards that have these fees attached.

AUTOMATIC STAY

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities,... (more...)

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities, such as filing or continuing lawsuits, making written requests for payment, or notifying credit reporting bureaus of an unpaid debt.

BANKRUPTCY

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are ... (more...)

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are two types of bankruptcies -- liquidation, in which your debts are wiped out (discharged) and reorganization, in which you provide the court with a plan for how you intend to repay your debts. For both consumers and business, liquidation bankruptcy is called Chapter 7. For consumers, reorganization bankruptcy is called Chapter 13. Reorganization bankruptcy for consumers with an extraordinary amount of debt and for businesses is called Chapter 11. Reorganization bankruptcy for family farmers is called Chapter 12.

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Dafter Bankruptcy & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

David E. Bulson

Charles J. Palmer

Kathryn M. Meninga

Paul M. Brewster

Alexis Marie Lambros

Alexis M. Lambros

Anthony E. Andary

Brian A. Peppler

Bruce Cranham

Carol S. Andary

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LEGAL TERMS

LIMITED LIABILITY

REPOSSESSION

DOING BUSINESS AS (DBA)

SOLE PROPRIETORSHIP

PRIORITY DEBT

FCBA

NUISANCE FEES

AUTOMATIC STAY

BANKRUPTCY

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