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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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Jennifer S. Bidwell

Landlord-Tenant, Real Estate, Banking & Finance, Bankruptcy

Status: In Good Standing

FREE CONSULTATION

CONTACT

333 W. 7th Street, Royal Oak, MI 48067

Thomas M. Hensel

Foreclosure, Workout, Consumer Bankruptcy, Bankruptcy

Status: In Good Standing

FREE CONSULTATION

CONTACT

27301 Dequindre Road, Madison Heights, MI 48071

David E. Tovarez

Real Estate, Dispute Resolution, Business Organization, Bankruptcy

Status: In Good Standing

FREE CONSULTATION

CONTACT

333 W. 7th Street, Royal Oak, MI 48067

Lawrence Lucido

Real Estate, Estate, Bankruptcy & Debt

Status: In Good Standing

CONTACT

Lucido Law Firm, Hazel Park, MI 48030

Daniel Patrick Brent

Trusts, Family Law, Contract, Collection

Status: In Good Standing Licensed: 10 Years

CONTACT

22655 S Chrysler Dr 100, Hazel Park, MI 48030

Aric K. Melder

Litigation, Adoption, Criminal, Collection, Bankruptcy

Status: In Good Standing Licensed: 28 Years

CONTACT

2304 E 11 Mile Rd, Royal Oak, MI 48067

Sanford J. Melder

Adoption, Corporate, Collection, Bankruptcy

Status: In Good Standing Licensed: 51 Years

CONTACT

2304 E 11 Mile Rd, Royal Oak, MI 48067

John Little

Criminal, Bankruptcy & Debt, Real Estate, Estate

Status: In Good Standing

FREE CONSULTATION

CONTACT

333 West 7Th Street, Royal Oak, MI 48067

Rudolph A. Serra

Employee Rights, Insurance, Collection, Defamation & Slander

Status: In Good Standing

CONTACT

1705 Wordsworth St, Ferndale, MI 48220

Lee Ann Rutila

Other, Family Law, Divorce & Family Law, Bankruptcy

Status: In Good Standing Licensed: 16 Years

CONTACT

801 Livernois St, Ferndale, MI 48220

800-923-0641

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LEGAL TERMS

COLLECTION AGENCY

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the d... (more...)

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the debt themselves, typically through letters (called 'dunning' letters) and telephone calls. Collection agencies are regulated by the federal Fair Debt Collection Practices Act. Unfortunately, too many collectors ignore this law.

SETOFF

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a countercl... (more...)

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a counterclaim filed by a defendant in a lawsuit. Banks may try to exercise a setoff by taking money out of a deposit account to satisfy past due payments on a loan or credit card bill. Such an act is illegal under most circumstances.

PRESUMED ABUSE

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means te... (more...)

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means test, the court will presume that the debtor has sufficient income to fund a Chapter 13 plan. In this situation, the debtor will not be allowed to proceed with a Chapter 7 bankruptcy unless the debtor can prove that he or she is not abusing the Chapter 7 bankruptcy remedy.

GUARANTEED RESERVATION

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehic... (more...)

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehicle for you no matter when you show up. If you have a guaranteed reservation with a hotel, it must provide you with a room, either at that hotel or at another comparable establishment. If you have a guaranteed reservation with a car agency, it must provide you with a vehicle. The downside of a guaranteed reservation is that if you don't show up and haven't cancelled your reservation, you will be billed for one night in the room or one day's use of the vehicle.

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.

INFRINGEMENT (OF TRADEMARK)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringeme... (more...)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringement turns on whether the defendant's use causes a likelihood of confusion in the average consumer. If a court determines that the average consumer would be confused, the owner of the original mark can prevent the other's use of the infringing mark and sometimes collect damages.

TRADE NAME

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

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemp... (more...)

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemptible because it has been damaged or destroyed.

CHAPTER 7 BANKRUPTCY

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 b... (more...)

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 bankruptcy takes from three to six months, costs about $200, and commonly requires only one trip to the courthouse.

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Hazel Park Bankruptcy & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Jennifer S. Bidwell

Thomas M. Hensel

David E. Tovarez

Lawrence Lucido

Daniel Patrick Brent

Aric K. Melder

Sanford J. Melder

John Little

Rudolph A. Serra

Lee Ann Rutila

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LEGAL TERMS

COLLECTION AGENCY

SETOFF

PRESUMED ABUSE

GUARANTEED RESERVATION

LIMITED PARTNERSHIP

INFRINGEMENT (OF TRADEMARK)

TRADE NAME

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

CHAPTER 7 BANKRUPTCY

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