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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.
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Troy Green

Credit & Debt, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

2290 E. Hill Rd., Grand Blanc, MI 48439

Benjamin Jay Allyn

Workers' Compensation, Contract, Collection, Wrongful Death

Status: In Good Standing Licensed: 16 Years

CONTACT

Grand Blanc, MI 48507

Maynard F. Newman

Construction, Federal Appellate Practice, Contract, Credit & Debt

Status: In Good Standing Licensed: 22 Years

CONTACT

10801 S Saginaw St, Grand Blanc, MI 48439

Lynnmarie Johnson

Bankruptcy, Estate Planning, Guardianships & Conservatorships, Estate

Status: In Good Standing

CONTACT

10751 S Saginaw St, Grand Blanc, MI 48439

Terry J. Adler

Motor Vehicle, Aviation, Wrongful Termination, Consumer Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 44 Years

CONTACT

10751 S Saginaw St, Grand Blanc, MI 48439

Chadd A. O'Brien

Construction, Intellectual Property, Contract, Collection

Status: In Good Standing Licensed: 15 Years

CONTACT

2305 S Center Rd, Flint, MI 48519

Michael Joseph Kotarski

Social Security, Estate Planning, Elder Law, Consumer Bankruptcy, Litigation

Status: In Good Standing Licensed: 37 Years

CONTACT

G3444 Fenton Rd, Grand Blanc, MI 48507

Analiese Marie Fusner

Consumer Rights, Administrative Law, Business, Consumer Bankruptcy

Status: In Good Standing Licensed: 15 Years

CONTACT

2454 Lindsay Ln, Grand Blanc, MI 48439

800-923-0641

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LEGAL TERMS

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.

ADMINISTRATIVE EXPENSES

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Admi... (more...)

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Administrative costs are typically 10% of the debtor's total payments under the plan.

CREDITOR

A person or entity (such as a bank) to whom a debt is owed.

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.

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.

CCCS

See Consumer Credit Counseling Service.

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.

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.

DEBIT CARD

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can ... (more...)

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can also be used at stores to pay for goods and services in place of a check. Unlike a credit card, a debit card automatically withdraws money from your checking account at the time of the transaction. Debit cards are regulated by the Electronic Funds Transfer Act.

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Grand Blanc Bankruptcy & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Troy Green

Benjamin Jay Allyn

Maynard F. Newman

Lynnmarie Johnson

Terry J. Adler

Chadd A. O'Brien

Michael Joseph Kotarski

Analiese Marie Fusner

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LEGAL TERMS

FAIR CREDIT BILLING ACT (FCBA)

ADMINISTRATIVE EXPENSES

CREDITOR

SOLE PROPRIETORSHIP

LIMITED PARTNERSHIP

CCCS

MEETING OF CREDITORS

BANKRUPTCY

DEBIT CARD

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