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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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Timothy John Rudolph

Estate Planning, Contract, Business, Collection

Status: In Good Standing Licensed: 26 Years

CONTACT

1940 W Stewart St, Henderson, MI 48867

Anthony F. Lubkin

Divorce & Family Law, Wills & Probate, Criminal, Real Estate, Bankruptcy & Debt

Status: In Good Standing Licensed: 44 Years

CONTACT

4844 Apache Path, Owosso, MI 48867

Terry L. Brewer

Estate Planning, Estate, Credit & Debt

Status: In Good Standing Licensed: 46 Years

CONTACT

607 Ada St, Henderson, MI 48867

Barbara Bakeromerod

Estate Planning, Family Law, Elder Law, Consumer Bankruptcy

Status: In Good Standing

CONTACT

401 S Shiawassee St, Henderson, MI 48867

Mark J. Van Epps

Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 43 Years

CONTACT

318 N. Water Street, Owosso, MI 48867

Matthew J. Van Epps

Divorce & Family Law, Estate, Consumer Bankruptcy, Bankruptcy, Wills & Probate

Status: In Good Standing Licensed: 40 Years

FREE CONSULTATION

CONTACT

318 N Water St, Owosso, MI 48867

Justin Duane English

Divorce, Bankruptcy

Status: In Good Standing

CONTACT

120 W Exchange St, Henderson, MI 48867

Laura Bondank

Divorce, Bankruptcy, Wrongful Death, Personal Injury

Status: In Good Standing Licensed: 7 Years

CONTACT

120 W Exchange St, Henderson, MI 48867

Curtis L. Zaleski

Estate, Bankruptcy & Debt

Status: In Good Standing Licensed: 29 Years

CONTACT

535 E Main St, Henderson, MI 48867

Laura J. Lambert

Other, Trusts, Family Law, Bankruptcy

Status: In Good Standing Licensed: 12 Years

CONTACT

100 E State St, Saint Johns, MI 48879

800-923-0641

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LEGAL TERMS

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.

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.

DEFINED CONTRIBUTION PLAN

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount ... (more...)

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount every month, or every year, for each employee. The employer usually pays a fixed percentage of an employee's wages or salary, although sometimes the amount is a fraction of the company's profits, with the size of each employee's pension share depending on the amount of wage or salary. Upon retirement, each employee's pension is determined by how much was contributed to the fund on behalf of that employee over the years, plus whatever earnings that money has accumulated as part of the investments of the entire pension fund.

DISCHARGEABLE DEBTS

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bill... (more...)

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bills and medical bills. Compare nondischargeable debts.

LIQUIDATING PARTNER

The member of an insolvent or dissolving partnership responsible for paying the debts and settling the accounts of the partnership.

LIEN

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortg... (more...)

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortgages, home equity loans, car loans and personal loans for which you pledge property to guarantee repayment. Liens created without your consent are called nonconsensual liens, and include judgment liens (liens filed by a creditor who has sued you and obtained a judgment), tax liens and mechanics liens (liens filed by a contractor who worked on your house but wasn't paid).

PRIORITY DEBT

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13... (more...)

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13 bankruptcy. Priority debts include alimony and child support, fees owed to the trustee and the attorney in the bankruptcy case, and wages owed to employees.

C CORPORATION

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S c... (more...)

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S corporation, whose profits are passed through to shareholders and taxed on their personal returns under subchapter S of the Internal Revenue Code.

NUISANCE FEES

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fe... (more...)

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fees, inactivity fees and fees for not carrying a balance from month to month. It's best to shop around and get rid of cards that have these fees attached.

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Ovid Bankruptcy & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Timothy John Rudolph

Anthony F. Lubkin

Terry L. Brewer

Barbara Bakeromerod

Mark J. Van Epps

Matthew J. Van Epps

Justin Duane English

Laura Bondank

Curtis L. Zaleski

Laura J. Lambert

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LEGAL TERMS

LIMITED PARTNERSHIP

LIMITED LIABILITY

DEFINED CONTRIBUTION PLAN

DISCHARGEABLE DEBTS

LIQUIDATING PARTNER

LIEN

PRIORITY DEBT

C CORPORATION

NUISANCE FEES

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