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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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John David Mackewich

Real Estate, Litigation, Federal Appellate Practice, Commercial Bankruptcy

Status: In Good Standing Licensed: 18 Years

CONTACT

900 Wilshire Dr, Troy, MI 48084

John Anthony Schipper

Employment, Labor Law, Administrative Law, Credit & Debt, Workers' Compensation

Status: In Good Standing

CONTACT

200 E Big Beaver Rd, Troy, MI 48083

Fatima Mansour

Antitrust, Estate Planning, Consumer Bankruptcy, Administrative Law

Status: In Good Standing

CONTACT

1361 E Big Beaver Rd, Troy, MI 48083

H. Nathan Resnick

Construction, Litigation, Corporate, Bankruptcy

Status: In Good Standing

CONTACT

40900 Woodward Ave, Bloomfield Hills, MI 48304

Anthony James Kochis

Contract, Banking & Finance, Credit & Debt, Bankruptcy

Status: In Good Standing

CONTACT

3150 Livernois Rd, Troy, MI 48083

Caridad Pastor Cardinale

International, Immigration, Civil Rights, Bankruptcy

Status: In Good Standing Licensed: 36 Years

CONTACT

575 E Big Beaver Rd, Troy, MI 48083

Michael Anderson Ohly

Estate, Consumer Rights, Business, Consumer Bankruptcy

Status: In Good Standing Licensed: 13 Years

CONTACT

100 W Big Beaver Rd, Troy, MI 48084

Scott P. Zochowski

Criminal, Bankruptcy & Debt, Foreclosure, Collection

Status: In Good Standing Licensed: 26 Years

CONTACT

100 E Big Beaver Rd, Troy, MI 48083

Kellie M. Blair

Construction, Federal Appellate Practice, Contract, Credit & Debt

Status: In Good Standing

CONTACT

39572 Woodward Ave, Bloomfield Hills, MI 48304

George A. Drosis

Employee Rights, Divorce, Insurance, Collection

Status: In Good Standing

CONTACT

101 W Big Beaver Rd, Troy, MI 48084

800-923-0641

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LEGAL TERMS

FRAUDULENT TRANSFER

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee --... (more...)

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee -- for instance, when a debtor signs a car over to a relative to keep it out of the bankruptcy estate. Fraudulently transferred property can be recovered and sold by the trustee for the benefit of the creditors.

CREDITOR

A person or entity (such as a bank) to whom a debt is owed.

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.

CCCS

See Consumer Credit Counseling Service.

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.

S CORPORATION

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status fro... (more...)

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status from the Internal Revenue Service. Electing to do business as an S corporation lets shareholders enjoy limited liability status, as would be true of any corporation, but be taxed like a partnership or sole proprietor. That is, instead of being taxed as a separate entity (as would be the case with a regular or C corporation) an S corporation is a pass-through tax entity: income taxes are reported and paid by the shareholders, not the S corporation. To qualify as an S corporation a number of IRS rules must be met, such as a limit of 75 shareholders and citizenship requirements.

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.

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.

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.

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Rochester Bankruptcy & Debt Lawyer, Michigan, page 4

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

John David Mackewich

John Anthony Schipper

Fatima Mansour

H. Nathan Resnick

Anthony James Kochis

Caridad Pastor Cardinale

Michael Anderson Ohly

Scott P. Zochowski

Kellie M. Blair

George A. Drosis

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LEGAL TERMS

FRAUDULENT TRANSFER

CREDITOR

NUISANCE FEES

CCCS

SOLE PROPRIETORSHIP

S CORPORATION

GUARANTEED RESERVATION

FAIR LABOR STANDARDS ACT (FLSA)

COSIGNER

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