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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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Brian L. Donovan

Bankruptcy, Estate, Real Estate, Collection

Status: In Good Standing Licensed: 45 Years

CONTACT

5181 Plainfield Ave Ne, Grand Rapids, MI 49525

James R. Oppenhuizen

Bankruptcy, Estate Planning, Family Law, Litigation

Status: In Good Standing Licensed: 19 Years

CONTACT

2810 E Beltline Ln Ne, Grand Rapids, MI 49525

Robert N. Alt

Real Estate, Litigation, Family Law, Consumer Bankruptcy

Status: In Good Standing Licensed: 46 Years

CONTACT

2025 Pine Nook Ct Ne, Grand Rapids, MI 49525

Barbara Muller-Wilson

Real Estate, Consumer Rights, Children's Rights, Consumer Bankruptcy

Status: In Good Standing

CONTACT

979 Spaulding Ave Se, Ada, MI 49301

Barbara A. Muller-Wilson

Real Estate, Consumer Rights, Children's Rights, Consumer Bankruptcy

Status: In Good Standing Licensed: 35 Years

CONTACT

979 Spaulding Ave Se, Ada, MI 49301

Patricia L. Linscott

Native People, Administrative Law, Business, Consumer Bankruptcy

Status: In Good Standing Licensed: 32 Years

CONTACT

1819 Grand River Dr Ne, Ada, MI 49301

Joseph M. Celello

Construction, Trademark, Contract, Collection

Status: In Good Standing Licensed: 12 Years

CONTACT

2801 E Beltline Ave Ne, Grand Rapids, MI 49525

Ryan French Beach

Foreclosure, Credit & Debt, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

1550 E Beltline Ave Se, Grand Rapids, MI 49506

Laura Jayne Garlinghouse

Bankruptcy & Debt, Personal Injury

Status: In Good Standing Licensed: 16 Years

CONTACT

1700 E Beltline Avenue NE, Grand Rapids, MI 49525

Jonathan F. Thoits

Real Estate, Litigation, Administrative Law, Consumer Bankruptcy

Status: In Good Standing Licensed: 42 Years

CONTACT

1014 Floral Ave Se, Grand Rapids, MI 49506

800-923-0641

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LEGAL TERMS

FRATERNAL BENEFIT SOCIETY BENEFITS

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal socie... (more...)

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal societies that provide benefits. Also called benefit society, benevolent society or mutual aid association benefits. Under bankruptcy laws, these benefits are virtually always considered exempt property.

WORKOUT

A debtor's plan to take care of a debt, by paying it off or through loan forgiveness. Workouts are often created to avoid bankruptcy or foreclosure proceedings.

TRADE DRESS

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape... (more...)

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape of Frangelico liqueur bottles. Trade dress can be protected under trademark law if a showing can be made that the average consumer would likely be confused as to product origin if another product were allowed to appear in similar dress.

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.

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.

SECURED DEBT

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collater... (more...)

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collateral, to satisfy the debt if you default. Compare unsecured debt.

CURRENT MONTHLY INCOME

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding... (more...)

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding the bankruptcy filing. The debtor's current monthly income is used to determine whether the debtor can file for Chapter 7 bankruptcy, among other things.

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working fo... (more...)

A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working for collection agencies. The law does not apply to creditors collecting their own debts. This law has greatly improved conditions for debtors, although more than a few debt collectors ignore the law. If a collection agency violates the law, debtors can contact the Federal Trade Commission for help.

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.

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Cannonsburg Bankruptcy & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Brian L. Donovan

James R. Oppenhuizen

Robert N. Alt

Barbara Muller-Wilson

Barbara A. Muller-Wilson

Patricia L. Linscott

Joseph M. Celello

Ryan French Beach

Laura Jayne Garlinghouse

Jonathan F. Thoits

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LEGAL TERMS

FRATERNAL BENEFIT SOCIETY BENEFITS

WORKOUT

TRADE DRESS

BULK SALES LAW

PRIORITY DEBT

SECURED DEBT

CURRENT MONTHLY INCOME

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

FRAUDULENT TRANSFER

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