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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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David George Grude

Litigation, Family Law, Collection, Personal Injury

Status: In Good Standing Licensed: 45 Years

CONTACT

7505 Summerfield Rd, Petersburg, MI 49270

Kathryn M. Mohr

Agriculture, Estate, Corporate, Commercial Bankruptcy

Status: In Good Standing Licensed: 37 Years

CONTACT

7251 Ford Hwy, Tecumseh, MI 49286

Kathryn Mary Mohr

Agriculture, Estate, Corporate, Commercial Bankruptcy

Status: In Good Standing Licensed: 37 Years

CONTACT

7251 Ford Hwy, Tecumseh, MI 49286

Charles H. Gross

Estate Planning, Bankruptcy, Dispute Resolution, Commercial Real Estate, Business

Status: In Good Standing

CONTACT

105 Brown St, Tecumseh, MI 49286

Michael J. Brooks

Government, Divorce & Family Law, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 51 Years

CONTACT

1107 W Chicago Blvd, Tecumseh, MI 49286

Gene Thomas Borgstahl

Workers' Compensation, Corporate, Commercial Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 41 Years

CONTACT

6950 Memorial Hwy, Ottawa Lake, MI 49267

Ray G. Tallerday

Bankruptcy

Status: Suspended Licensed: 45 Years

CONTACT

107 S Broad St, Adrian, MI 49221

Catherine Ann Sala

Trusts, Divorce, Contract, Bankruptcy

Status: In Good Standing Licensed: 16 Years

CONTACT

425 N Main St, Adrian, MI 49221

Ciara Rae McGrane

Veterans' Affairs, Family Law, Criminal, Collection

Status: In Good Standing

CONTACT

425 N Main St, Adrian, MI 49221

Denis F. Jodis

Workers' Compensation, Contract, Bankruptcy, Medical Malpractice

Status: In Good Standing

CONTACT

216 N. Main Street, Adrian, MI 49221

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LEGAL TERMS

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.

REDEMPTION

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump s... (more...)

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump sum. For example, a debtor may redeem a car note by paying the lender the amount a retail vendor would charge for the car, considering its age and condition.

FAIR LABOR STANDARDS ACT (FLSA)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements ... (more...)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements for overtime and places restrictions on child labor.

FAIR CREDIT BILLING ACT (FCBA)

A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days af... (more...)

A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days after it mailed the bill to you. The company must then correct the mistake, or at least acknowledge receipt of your letter within 30 days, and must correct the error within 90 days or explain why it believes the credit card statement is correct.

FCBA

See Fair Credit Billing Act.

DISCHARGE (OF DEBTS)

A bankruptcy court's erasure of the debts of a person or business that has filed for bankruptcy.

S CORPORATION

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status fro... (more...)

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status from the Internal Revenue Service. Electing to do business as an S corporation lets shareholders enjoy limited liability status, as would be true of any corporation, but be taxed like a partnership or sole proprietor. That is, instead of being taxed as a separate entity (as would be the case with a regular or C corporation) an S corporation is a pass-through tax entity: income taxes are reported and paid by the shareholders, not the S corporation. To qualify as an S corporation a number of IRS rules must be met, such as a limit of 75 shareholders and citizenship requirements.

ABUSE

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because ... (more...)

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because the debtor appears to have enough disposable income to fund a Chapter 13 repayment plan.

BULK SALES LAW

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to ... (more...)

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to conduct a bulk sale of business assets -- that is, get rid of an unusually large amount of inventory, merchandise or equipment -- the business owner must typically publish a notice of the sale and give written notice to creditors. Then, the owner must set up an account to hold the funds from the sale for a brief period of time during which creditors may make claims against the money. The prohibition against bulk sales is spelled out in the Uniform Commercial Code -- and laws modeled on the UCC have been generally adopted throughout the country.

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Deerfield Bankruptcy & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

David George Grude

Kathryn M. Mohr

Kathryn Mary Mohr

Charles H. Gross

Michael J. Brooks

Gene Thomas Borgstahl

Ray G. Tallerday

Catherine Ann Sala

Ciara Rae McGrane

Denis F. Jodis

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LEGAL TERMS

AUTOMATIC STAY

REDEMPTION

FAIR LABOR STANDARDS ACT (FLSA)

FAIR CREDIT BILLING ACT (FCBA)

FCBA

DISCHARGE (OF DEBTS)

S CORPORATION

ABUSE

BULK SALES LAW

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