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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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Peter W. Cravens

Criminal, Collection

Status: In Good Standing Licensed: 33 Years

CONTACT

110 Lake Shore Dr, Brooklyn, MI 49230

Larry William Schlusler

Administrative Law, Bankruptcy, Workers' Compensation, Social Security

Status: In Good Standing

CONTACT

3625 Whispering Woods Dr, Jackson, MI 49201

Kimberly C. Wilson

Real Estate, Reinsurance, Business, Consumer Bankruptcy

Status: In Good Standing

CONTACT

759 Beverly Park Pl, Jackson, MI 49203

Michael G. Wilson

Divorce, Contract, Bankruptcy & Debt

Status: In Good Standing Licensed: 43 Years

CONTACT

759 Beverly Park Pl, Jackson, MI 49203

Michelle L. Marrs

Bankruptcy & Debt, Credit & Debt, Divorce & Family Law, Reorganization, Lawsuit & Dispute

Status: In Good Standing

FREE CONSULTATION

CONTACT

209 E Washington, Jackson, MI 49201

Anne Walker White

Biotechnology, Labor Law, Business, Consumer Bankruptcy

Status: In Good Standing Licensed: 40 Years

CONTACT

1 Comtronics Pl, Jackson, MI 49203

Lineas L Baze

Bankruptcy

Status: In Good Standing Licensed: 41 Years

CONTACT

335 W Cortland Ave, Jackson, MI 49201

Mark Howard Hashley

Litigation, Family Law, Divorce & Family Law, Bankruptcy & Debt

Status: In Good Standing

CONTACT

605 W Michigan Ave, Jackson, MI 49201

Bridgette Mae Austin

Tax, Bankruptcy & Debt

Status: In Good Standing Licensed: 14 Years

CONTACT

180 W Michigan Ave,, Jackson, MI 49201

Jeffrey Thomas Landon

Divorce & Family Law, DUI-DWI, Criminal, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 14 Years

CONTACT

120 W. Michigan Ave., Jackson, MI 49201

800-923-0641

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LEGAL TERMS

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.

CREDIT FILE

See credit report.

LIQUIDATING PARTNER

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

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.

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.

DOING BUSINESS AS (DBA)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or ... (more...)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or similar document with the appropriate agency -- for example, the county clerk. This enables consumers to discover the names of the business owners, which is important if a consumer needs to sue the business.

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.

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.

REPOSSESSION

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and ... (more...)

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and has not attempted to work with the lender to resolve the problem. A repossessor can't use force to get at your car, but he can legally hot-wire it and even drive it out of your unlocked garage.

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Somerset Center Bankruptcy & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Peter W. Cravens

Larry William Schlusler

Kimberly C. Wilson

Michael G. Wilson

Michelle L. Marrs

Anne Walker White

Lineas L Baze

Mark Howard Hashley

Bridgette Mae Austin

Jeffrey Thomas Landon

TIPS

LEGAL TERMS

CHAPTER 13 BANKRUPTCY

CREDIT FILE

LIQUIDATING PARTNER

FAIR LABOR STANDARDS ACT (FLSA)

GENERAL PARTNER

DOING BUSINESS AS (DBA)

DEBT COLLECTOR

S CORPORATION

REPOSSESSION

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