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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.
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Donald J. Baranski

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Divorce & Family Law, Estate, Employment, Criminal, Consumer Bankruptcy

Thirty years in general practice

Donald J. Baranski received his Bachelor of Arts in Humanities Pre Law, from Michigan State University. This was a triple major of American History, P... (more)

FREE CONSULTATION

CONTACT

800-970-5860

4125 Okemos Road, Okemos, MI 48864

Christopher G. Bovid

Corporate, Banking & Finance, Bankruptcy Litigation, Bankruptcy

Status: In Good Standing

FREE CONSULTATION

CONTACT

915 North Michigan Avenue, Howell, MI 48843

John L. Gormley

Government Contract, Merger & Acquisition, Credit & Debt, Personal Injury

Status: In Good Standing

CONTACT

101 E Grand River Ave, Fowlerville, MI 48836

Scott M. Neuman

Divorce, Criminal, Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 32 Years

CONTACT

2196 Commons Pkwy, Okemos, MI 48864

David J. Reader

Litigation, Family Law, Criminal, Collection

Status: In Good Standing Licensed: 48 Years

CONTACT

204 S Highlander Way, Howell, MI 48843

Kelly A. Myers

Corporate, Banking & Finance, Bankruptcy Litigation, Bankruptcy

Status: In Good Standing Licensed: 31 Years

CONTACT

915 N Michigan Ave, Howell, MI 48843

Kevin Bernard Scott

Health Care Other, Health Care, Business, Consumer Bankruptcy

Status: In Good Standing Licensed: 41 Years

CONTACT

3692 Fairhills Dr, Okemos, MI 48864

Richard A. Cascarilla

Labor Law, Contract, Consumer Bankruptcy, Bankruptcy

Status: In Good Standing Licensed: 44 Years

CONTACT

2123 University Park Dr, Okemos, MI 48864

Rebecca J. Cassell

Employee Rights, Administrative Law, Credit & Debt, Personal Injury

Status: In Good Standing Licensed: 20 Years

CONTACT

915 N Michigan Ave, Howell, MI 48843

Tara A. Black

Contract, Collection, Elder Law, Divorce

Status: In Good Standing Licensed: 18 Years

CONTACT

704 E Grand River Ave, Howell, MI 48843

800-923-0641

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LEGAL TERMS

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.

ABUSE

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because ... (more...)

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because the debtor appears to have enough disposable income to fund a Chapter 13 repayment plan.

FCRA

See Fair Credit Reporting Act.

NONPROFIT CORPORATION

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or f... (more...)

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or for some public purpose (such as a hospital, environmental organization or literary society). Nonprofit corporations, despite the name, can make a profit, but the business cannot be designed primarily for profit-making purposes, and the profits must be used for the benefit of the organization or purpose the corporation was created to help. When a nonprofit corporation dissolves, any remaining assets must be distributed to another nonprofit, not to board members. As with for-profit corporations, directors of nonprofit corporations are normally shielded from personal liability for the organization's debts. Some nonprofit corporations qualify for a federal tax exemption under _ 501(c)(3) of the Internal Revenue Code, with the result that contributions to the nonprofit are tax deductible by their donors.

WINDING UP

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, a... (more...)

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, all with the ultimate goal of liquidating or closing down a corporation or partnership.

MEANS TEST

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income ... (more...)

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income for his or her state should be allowed to file for Chapter 7 bankruptcy.

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.'

DISPOSABLE INCOME

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Ch... (more...)

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Chapter 13 plan.

MEETING OF CREDITORS

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a f... (more...)

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a few questions. In a Chapter 7, the meeting of creditors lasts a few minutes and rarely do any creditors show up. In a Chapter 13 bankruptcy, one or two creditors may attend, especially if they disagree with some provision of your repayment plan.

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Webberville Bankruptcy & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Donald J. Baranski

Christopher G. Bovid

John L. Gormley

Scott M. Neuman

David J. Reader

Kelly A. Myers

Kevin Bernard Scott

Richard A. Cascarilla

Rebecca J. Cassell

Tara A. Black

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LEGAL TERMS

LIMITED LIABILITY

ABUSE

FCRA

NONPROFIT CORPORATION

WINDING UP

MEANS TEST

LOSS DAMAGE WAIVER (LDW)

DISPOSABLE INCOME

MEETING OF CREDITORS

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