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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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Joseph P. Haas

Collection, Labor Law, Divorce, Landlord-Tenant

Status: Licensed: 32 Years

CONTACT

112 S Monroe St, Sturgis, MI 49091

David Robert Hughes

Litigation, Estate Planning, Family Law, Collection

Status: Licensed: 11 Years

CONTACT

112 S Monroe St, Sturgis, MI 49091

Robert R. Kopen

Trusts, Estate Planning, Consumer Rights, Bankruptcy

Status: Licensed: 46 Years

CONTACT

8918 Long Lake Dr E, Scotts, MI 49088

Charles R. Bear

Real Estate, Estate, Bankruptcy & Debt, Medical Malpractice

Status: Licensed: 43 Years

CONTACT

1662 East Centre Avenue, Portage, MI 49002

Staci L. Salisbury

Business Organization, Collection, Estate, Credit & Debt, Estate Planning

Status: Licensed: 10 Years

CONTACT

Portage, MI 49081

Lana Escamilla

Litigation, International Other, Contract, Collection

Status: Licensed: 17 Years

CONTACT

1300 W Centre Ave, Portage, MI 49024

Roger J. Bus

Foreclosure, Lawsuit & Dispute, Wills & Probate, Insurance, Bankruptcy & Debt

Status: Licensed: 45 Years

CONTACT

903 E Cork St, Kalamazoo, MI 49001

Christopher G. Bovid

Landlord-Tenant, Real Estate, Contract, Collection

Status: Licensed: 20 Years

CONTACT

3885 S 9Th St, Oshtemo, MI 49077

Brian E. Weiss

Estate, Employee Rights, Business, Consumer Bankruptcy

Status: Licensed: 30 Years

CONTACT

5659 Stadium Dr, Kalamazoo, MI 49009

800-814-6700

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LEGAL TERMS

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.

DISCHARGE (OF DEBTS)

A bankruptcy court's erasure of the debts of a person or business that has filed for bankruptcy.

CREDIT FILE

See credit report.

NONDISCHARGEABLE DEBTS

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chap... (more...)

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chapter 13 bankruptcy, the nondischargeable debts will have to be paid in full during your plan or you will have a balance at the end of your case. Examples of nondischargeable debts include alimony and child support, most income tax debts, many student loans and debts for personal injury or death caused by drunk driving. Compare dischargeable debts.

COLLATERAL

Property that guarantees payment of a secured debt.

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.

TRUTH IN LENDING ACT (TILA)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disc... (more...)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disclose the terms of a loan, including the total amount of the loan, the annual interest rate and the number, amount and due dates of all payments necessary to repay the loan. The TILA requires additional disclosures and places many restrictions on mortgages.

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.

TRADE NAME

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

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Colon Bankruptcy & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Joseph P. Haas

David Robert Hughes

Robert R. Kopen

Charles R. Bear

Staci L. Salisbury

Lana Escamilla

Roger J. Bus

Christopher G. Bovid

Brian E. Weiss

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LEGAL TERMS

NONPROFIT CORPORATION

DISCHARGE (OF DEBTS)

CREDIT FILE

NONDISCHARGEABLE DEBTS

COLLATERAL

PRESUMED ABUSE

TRUTH IN LENDING ACT (TILA)

DOING BUSINESS AS (DBA)

TRADE NAME

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