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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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David George Grude

Litigation, Family Law, Collection, Personal Injury

Status: In Good Standing Licensed: 45 Years

CONTACT

7505 Summerfield Rd, Petersburg, MI 49270

John Deku

Real Estate, Estate, Criminal, Bankruptcy & Debt, Car Accident

Status: In Good Standing

CONTACT

8336 Monroe Road, Lambertville, MI 48144

Patricia Gregg Lyden

Real Estate, Environmental Law Other, Corporate, Commercial Bankruptcy

Status: In Good Standing Licensed: 45 Years

CONTACT

3309 Quail Hollow Dr, Lambertville, MI 48144

Rollind Wayne Romanoff

Elder Law, Corporate, Commercial Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 63 Years

CONTACT

3309 Quail Hollow Dr, Lambertville, MI 48144

Gene Thomas Borgstahl

Workers' Compensation, Corporate, Commercial Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 41 Years

CONTACT

6950 Memorial Hwy, Ottawa Lake, MI 49267

Edward A. Shuttie

Real Estate, Public Law, Business, Bankruptcy

Status: In Good Standing

CONTACT

3110 Charm Harbor Dr, Monroe, MI 48162

Rebecca A Hernandez

Bankruptcy, Consumer Bankruptcy, Criminal

Status: In Good Standing Licensed: 13 Years

CONTACT

918 Osgood St, Monroe, MI 48161

Patrick T. Clement

Consumer Rights, Consumer Bankruptcy

Status: In Good Standing Licensed: 25 Years

CONTACT

898 S Telegraph Rd, Monroe, MI 48161

Timothy J. Laitur

Estate Planning, Divorce, Criminal, Bankruptcy, Estate

Status: In Good Standing Licensed: 34 Years

CONTACT

3871 Ryans Ridge, Monroe, MI 48161

Michael R. Yales

Health Care, Family Law, Consumer Rights, Consumer Bankruptcy

Status: In Good Standing Licensed: 38 Years

CONTACT

Monroe, MI 48161

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.

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.

GENERAL PARTNER

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the... (more...)

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the business's debts and obligations. A general partner's actions can legally bind the entire business. See also partnership, limited partnership.

COSIGNER

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for t... (more...)

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for the loan or debt. Many people use cosigners to qualify for a loan or credit card. Landlords may require a cosigner when renting to a student or someone with a poor credit history.

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.

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.

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.

DEBT COLLECTOR

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe... (more...)

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe. Debt collectors can be relentless, often using scare tactics, humiliation and repeated phone calls to extract payments or promises to pay.

GARNISHMENT

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if ... (more...)

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if she loses a lawsuit filed by the creditor. Up to 25% of a person's wages can be deducted.

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Petersburg Bankruptcy & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

David George Grude

John Deku

Patricia Gregg Lyden

Rollind Wayne Romanoff

Gene Thomas Borgstahl

Edward A. Shuttie

Rebecca A Hernandez

Patrick T. Clement

Timothy J. Laitur

Michael R. Yales

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LEGAL TERMS

BULK SALES LAW

DEFINED CONTRIBUTION PLAN

GENERAL PARTNER

COSIGNER

INFRINGEMENT (OF TRADEMARK)

LIABILITY

FAIR LABOR STANDARDS ACT (FLSA)

DEBT COLLECTOR

GARNISHMENT

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