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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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Robert P. Coutts

Family Law, Criminal, Credit & Debt, Bankruptcy

Status: Licensed: 35 Years

CONTACT

7445 Allen Rd, Allen Park, MI 48101

Travis Lee Shackelford

Credit & Debt, Consumer Bankruptcy

Status: Licensed: 20 Years

CONTACT

30928 Ford Road, Garden City, MI 48135

Lorray S.C. Brown

Consumer Rights, Lending, Credit & Debt, Consumer Bankruptcy

Status: Licensed: 41 Years

CONTACT

3625 Fieldcrest Ln, Ypsilanti, MI 48197

William Edward Link

Employee Rights, Civil Rights, Contract, Credit & Debt

Status: Licensed: 13 Years

CONTACT

13 Lucerne Ct, Ann Arbor, MI 48108

Rochelle E. Guznack

Bankruptcy & Debt, Credit & Debt, Consumer Bankruptcy

Status: Licensed: 24 Years

FREE CONSULTATION

CONTACT

905 W Ann Arbor Trl, Plymouth, MI 48170

Sarah Lyn Wixson

Real Estate, Litigation, Contract, Credit & Debt

Status:

CONTACT

101 N Main St, Ann Arbor, MI 48104

Richard L. Banta

Medical Products & Devices, Divorce, Discrimination, Credit & Debt

Status: Licensed: 38 Years

CONTACT

78 Forest St, River Rouge, MI 48218

David Ross Ienna

Landlord-Tenant, Litigation, Contract, Credit & Debt

Status: Licensed: 12 Years

CONTACT

1 Parklane Blvd, Dearborn, MI 48126

Matthew J. Vivian

Children's Rights, Credit & Debt, Bankruptcy, Bankruptcy & Debt

Status:

CONTACT

496 W Ann Arbor Trl, Plymouth, MI 48170

Linda G. Anderson

Landlord-Tenant, Real Estate, Estate Planning, Contract, Credit & Debt

Status: Licensed: 33 Years

CONTACT

13407 Farmington Rd, Livonia, MI 48150

800-814-6700

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LEGAL TERMS

TRADE NAME

The official name of a business, the one it uses on its letterhead and bank account when not dealing with consumers.

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.

CREDITOR

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

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.

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.

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.

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.

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemp... (more...)

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemptible because it has been damaged or destroyed.

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.

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Carleton Credit & Debt Lawyer, Michigan, page 2

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Robert P. Coutts

Travis Lee Shackelford

Lorray S.C. Brown

William Edward Link

Rochelle E. Guznack

Sarah Lyn Wixson

Richard L. Banta

David Ross Ienna

Matthew J. Vivian

Linda G. Anderson

TIPS

LEGAL TERMS

TRADE NAME

LIABILITY

CREDITOR

DEBT COLLECTOR

DOING BUSINESS AS (DBA)

LIMITED LIABILITY

INFRINGEMENT (OF TRADEMARK)

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

FAIR LABOR STANDARDS ACT (FLSA)

SAMPLE LEGAL CASES

New Freedom Mtg. Corp. v. Globe Mtg. Corp.

Barth v. FIRST CONSUMER CREDIT, INC.

CHARTER ONE BANK NA v. JP Morgan Chase Bank, NA

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