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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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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

Thomas M. Hensel

Foreclosure, Workout, Consumer Bankruptcy, Bankruptcy

Status:

FREE CONSULTATION

CONTACT

27301 Dequindre Road, Madison Heights, MI 48071

Steven S Vernier

Wills & Probate, Estate Planning, Family Law, Criminal, Bankruptcy

Status:

CONTACT

22815 Kelly Rd., Eastpointe, MI 48021

Michelle A. King

Litigation, Credit & Debt, Collection, Bankruptcy

Status: Licensed: 17 Years

CONTACT

26304 Grobbel Ave, Warren, MI 48091

Fadi F. Toma

Sales & Use Tax, Commercial Real Estate, Corporate, Commercial Bankruptcy

Status: Licensed: 21 Years

CONTACT

8424 E 12 Mile Rd, Warren, MI 48093

M.G. Moore

Bankruptcy & Debt, Consumer Rights, Consumer Bankruptcy

Status: Licensed: 23 Years

CONTACT

17800 Woodward Ave, Detroit, MI 48203

Kevin F. Carr

Dispute Resolution, Bankruptcy, Bankruptcy & Debt, Property Damage

Status: Licensed: 45 Years

CONTACT

8900 E 13 Mile Rd, Warren, MI 48093

Erin Cycholl Springer

Bankruptcy, Bankruptcy & Debt

Status: Licensed: 17 Years

CONTACT

24405 Gratiot Ave, Eastpointe, MI 48021

Chad Franchy

Social Security -- Disability, Workers' Compensation, Employment, Bankruptcy

Status: Licensed: 12 Years

CONTACT

12500 E 13 Mile Rd, Warren, MI 48093

Andrijana D. Vujic

Estate, Bankruptcy

Status: Licensed: 20 Years

CONTACT

24405 Gratiot Ave, Eastpointe, MI 48021

Kathleen S. Schultz

Education, Social Security, Business, Bankruptcy

Status:

CONTACT

24405 Gratiot Ave, Eastpointe, MI 48021

800-814-6700

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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.

ADMINISTRATIVE EXPENSES

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Admi... (more...)

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Administrative costs are typically 10% of the debtor's total payments under the plan.

CREDIT INSURANCE

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay o... (more...)

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay off the remaining balance. Federal and state consumer protection laws require the lender to disclose to existing and potential borrowers the terms and costs of obtaining credit insurance because it can affect the terms of the loan.

TOXIC TORT

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and su... (more...)

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and suffering.

CHAPTER 13 PLAN

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to ... (more...)

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to pay all mandatory debts -- for example, back child support, taxes, and mortgage arrearages -- as well as some or all unsecured, nonpriority debts, such as medical and credit card bills.

CHAPTER 7 BANKRUPTCY

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 b... (more...)

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 bankruptcy takes from three to six months, costs about $200, and commonly requires only one trip to the courthouse.

SUBROGATION

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off i... (more...)

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off its injured claimant takes the legal rights the claimant has against a third party that caused the injury, and sues that third party.

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.

SOLE PROPRIETORSHIP

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, m... (more...)

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, meaning that business profits are reported and taxed on the owner's personal tax return. Setting up a sole proprietorship is cheap and easy since no legal formation documents need be filed with any governmental agency (although tax registration and other permit and license requirements may still apply). Once you file a fictitious name statement (assuming you don't use your own name) and obtain any required basic tax permits and business licenses, you'll be in business. The main downside of a sole proprietorship is that its owner is personally liable for all business debts.

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Detroit Arsenal Bankruptcy Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Thomas M. Hensel

Steven S Vernier

Michelle A. King

Fadi F. Toma

M.G. Moore

Kevin F. Carr

Erin Cycholl Springer

Chad Franchy

Andrijana D. Vujic

Kathleen S. Schultz

TIPS

LEGAL TERMS

FRATERNAL BENEFIT SOCIETY BENEFITS

ADMINISTRATIVE EXPENSES

CREDIT INSURANCE

TOXIC TORT

CHAPTER 13 PLAN

CHAPTER 7 BANKRUPTCY

SUBROGATION

INFRINGEMENT (OF TRADEMARK)

SOLE PROPRIETORSHIP

SAMPLE LEGAL CASES

RDM Holdings, Ltd. v. Continental Plastics Co.

Gulf Underwriters Ins. Co. v. McCLAIN INDUSTRIES, INC.

MICHIGAN COMMERCE BANK v. PALMS INVESTMENTS, LLC

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PRACTICE AREAS 30

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