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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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Patricia A. Johnson

Landlord-Tenant, Estate, Divorce & Family Law, Bankruptcy & Debt

Status: In Good Standing Licensed: 33 Years

CONTACT

Haslett, MI 48840

Barnet George Levine

Foreclosure, Family Law, Contract, Credit & Debt

Status: In Good Standing Licensed: 10 Years

CONTACT

5454 Jessalee Cir, East Lansing, MI 48823

Kenneth U. Lucas

Real Estate, Employment, Business, Commercial Bankruptcy

Status: In Good Standing

CONTACT

200 Woodland Pass, East Lansing, MI 48823

Brian C. Titus

Real Estate, Banking & Finance, Business, Consumer Bankruptcy

Status: In Good Standing Licensed: 31 Years

CONTACT

241 E Saginaw St, East Lansing, MI 48823

Francis X. Hathaway

Family Law, Criminal, Business, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

121 Burcham Drive, East Lansing, MI 48823

William L. Logan

Commercial Real Estate, Public Utilities, Banking & Finance, Consumer Bankruptcy

Status: In Good Standing Licensed: 34 Years

CONTACT

313 Droste Circle, East Lansing, MI 48823

Kelly Michelle Fletcher

Immigration, Estate, Contract, Bankruptcy

Status: In Good Standing Licensed: 19 Years

CONTACT

121 Burcham Dr, East Lansing, MI 48823

Alan L. Canady

Election & Political, Government, Religious Discrimination, Reorganization

Status: In Good Standing Licensed: 42 Years

CONTACT

East Lansing, MI 48826

Andrew J. Gerdes

Real Estate, Business, Credit & Debt, Collection

Status: In Good Standing Licensed: 32 Years

CONTACT

416 N Homer St, Lansing, MI 48912

Katharine M. Hude

Landlord-Tenant, Entertainment, Contract, Credit & Debt

Status: In Good Standing Licensed: 15 Years

CONTACT

824 N Capitol Ave, Lansing, MI 48906

800-923-0641

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LEGAL TERMS

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.

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.

DISPOSABLE INCOME

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Ch... (more...)

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Chapter 13 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.

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.

WORKOUT

A debtor's plan to take care of a debt, by paying it off or through loan forgiveness. Workouts are often created to avoid bankruptcy or foreclosure proceedings.

TOXIC TORT

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and su... (more...)

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and suffering.

UNSECURED DEBT

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only reme... (more...)

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only remedy is to sue you and get a judgment. Compare secured debt.

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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Laingsburg Bankruptcy & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Patricia A. Johnson

Barnet George Levine

Kenneth U. Lucas

Brian C. Titus

Francis X. Hathaway

William L. Logan

Kelly Michelle Fletcher

Alan L. Canady

Andrew J. Gerdes

Katharine M. Hude

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LEGAL TERMS

SETOFF

LIMITED LIABILITY

DISPOSABLE INCOME

BULK SALES LAW

CYBERSQUATTING

WORKOUT

TOXIC TORT

UNSECURED DEBT

CURRENT MONTHLY INCOME

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