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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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Jessica Louise Sanchez

Consumer Bankruptcy

Status: In Good Standing Licensed: 15 Years

CONTACT

900 S Bridge St, Dewitt, MI 48820

Brent David Riley

Landlord-Tenant, Federal Appellate Practice, Contract, Collection

Status: In Good Standing Licensed: 11 Years

CONTACT

13851 S Hinman Rd, Eagle, MI 48822

Richard B. Stapleton

Collection

Status: Inactive Licensed: 39 Years

CONTACT

16346 Wacousta Rd, Grand Ledge, MI 48837

Barbara R. Levine

Criminal, Collection, Animal Bite, Accident & Injury

Status: In Good Standing

CONTACT

9685 Looking Glass Brook Dr, Grand Ledge, MI 48837

Marshall A. Yee

Lawsuit & Dispute, Bankruptcy & Debt

Status: In Good Standing Licensed: 41 Years

CONTACT

47 Ferguson St, Grand Ledge, MI 48837

John Roy Castillo

Social Security, Employee Rights, Contract, Bankruptcy

Status: In Good Standing Licensed: 51 Years

CONTACT

450 E Saginaw Hwy, Grand Ledge, MI 48837

Jillyn M. Smith

Bankruptcy & Debt

Status: In Good Standing Licensed: 28 Years

CONTACT

217 Pearl St, Grand Ledge, MI 48837

Adam E. Griffis

Foreclosure, Antitrust, Business, Bankruptcy

Status: In Good Standing Licensed: 13 Years

CONTACT

10543 Countryside Dr, Grand Ledge, MI 48837

Ronald J. Brittain

Mediation, Contract, Special Education, Collection

Status: In Good Standing Licensed: 29 Years

CONTACT

Grand Ledge, MI 48837

Thomas A. Ginster

Landlord-Tenant, Estate, Criminal, Consumer Rights, Bankruptcy

Status: In Good Standing

CONTACT

203 S Lafayette St, Greenville, MI 48838

800-923-0641

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LEGAL TERMS

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.

SECURED DEBT

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collater... (more...)

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collateral, to satisfy the debt if you default. Compare unsecured debt.

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.

LOSS DAMAGE WAIVER (LDW)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it ofte... (more...)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it often duplicates coverage provided by the renter's regular car insurance and/or the credit card she uses to rent the car. Nevertheless, hard-sell practices by rental car agents often dupe people into buying LDWs they don't really need. LDW is also called 'collision damage waiver.'

CHAPTER 13 BANKRUPTCY

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your inc... (more...)

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your income to pay all or a portion of the debts over three to five years. The minimum amount you must pay is roughly equal to the value of your nonexempt property. In addition, you must pledge your disposable net income -- after subtracting reasonable expenses -- for the period during which you are making payments. At the end of the three-to five-year period, the balance of what you owe on most debts is erased.

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.

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.

FCBA

See Fair Credit Billing Act.

LIABILITY

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pi... (more...)

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pipe bursts the day after Paul installs it, ruining the bathroom floor. This raises the issue of liability: Who is responsible for the damage? Peri claims that Paul is responsible, and sues him for the cost of hiring another plumber to fix the pipe and replacing the floor. Paul, in turn, claims that the pipe manufacturer is responsible, because they supplied him with faulty materials. Both Peri and Paul must prove their claims in court; if Paul and/or the manufacturer is found liable, one or both will have to pay damages to Peri. (2) Something for which a person is liable. For example, a debt is often called a liability.

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Lyons Bankruptcy & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Jessica Louise Sanchez

Brent David Riley

Richard B. Stapleton

Barbara R. Levine

Marshall A. Yee

John Roy Castillo

Jillyn M. Smith

Adam E. Griffis

Ronald J. Brittain

Thomas A. Ginster

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LEGAL TERMS

BULK SALES LAW

SECURED DEBT

TOXIC TORT

LOSS DAMAGE WAIVER (LDW)

CHAPTER 13 BANKRUPTCY

FAIR LABOR STANDARDS ACT (FLSA)

SOLE PROPRIETORSHIP

FCBA

LIABILITY

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