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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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Kimberly A. Dillman

Estate, Contract, Bankruptcy, Child Custody, Estate Planning

Status: Licensed: 21 Years

CONTACT

Gladwin, MI 48624

Kimberly Fink

General Practice

Status:

CONTACT

Gladwin, MI 48624

Mark Andrew Toaz

Real Estate, Administrative Law, Business, Consumer Bankruptcy

Status: Licensed: 9 Years

CONTACT

225 West Main, Harrison, MI 48625

Eilisia G. Schwarz

Family Law, Divorce & Family Law, Criminal, Bankruptcy

Status:

CONTACT

225 W Main St, Harrison, MI 48625

Tara S. Hovey

Family Law, Elder Law, Contract, Collection

Status:

CONTACT

195 S Main St, Harrison, MI 48625

Izak J. Post

Landlord-Tenant, Federal Appellate Practice, Trusts, Family Law, Bankruptcy

Status: Licensed: 12 Years

CONTACT

195 S Main St, Harrison, MI 48625

David T. McAndrew

Wills & Probate, Trusts, Estate Planning, Bankruptcy

Status:

FREE CONSULTATION

CONTACT

651 Richard Drive, Harrison, MI 48625

Thomas H. Anthony

Lawsuit & Dispute, Estate Planning, Estate, Family Law, Bankruptcy

Status: Licensed: 50 Years

CONTACT

210 Court St, Mount Pleasant, MI 48858

Jennifer Lauria

Collection, Dispute Resolution, Criminal

Status: Licensed: 3 Years

CONTACT

200 N Main St, Mount Pleasant, MI 48858

Jonathan D. Hagy

Estate Planning, Native People, Administrative Law, Collection

Status:

CONTACT

2885 Health Pkwy, Mount Pleasant, MI 48858

800-814-6700

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LEGAL TERMS

PRESUMED ABUSE

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means te... (more...)

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means test, the court will presume that the debtor has sufficient income to fund a Chapter 13 plan. In this situation, the debtor will not be allowed to proceed with a Chapter 7 bankruptcy unless the debtor can prove that he or she is not abusing the Chapter 7 bankruptcy remedy.

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.

FCBA

See Fair Credit Billing Act.

HOUSEHOLDER

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a ho... (more...)

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a homestead exemption and possibly other exemptions relating to the maintenance of the household.

CREDITOR

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

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.

UNDUE HARDSHIP

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in t... (more...)

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in the future to pay off the loan may be able to show that repayment would be an undue hardship.

COLLATERAL

Property that guarantees payment of a secured debt.

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.

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Clare Bankruptcy & Debt Lawyer, Michigan

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Marrs & Terry, PLLC

SPONSORED LAWYERS

Kimberly A. Dillman

Kimberly Fink

Mark Andrew Toaz

Eilisia G. Schwarz

Tara S. Hovey

Izak J. Post

David T. McAndrew

Thomas H. Anthony

Jennifer Lauria

Jonathan D. Hagy

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LEGAL TERMS

PRESUMED ABUSE

FAIR LABOR STANDARDS ACT (FLSA)

FCBA

HOUSEHOLDER

CREDITOR

LIMITED LIABILITY

UNDUE HARDSHIP

COLLATERAL

BULK SALES LAW

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