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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.
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Michael Joseph Bonvolanta

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Professional Responsibility, Federal Appellate Practice, Municipal, Consumer Bankruptcy, Medical Malpractice

Michael Bonvolanta earned his Bachelor of Arts degree in 2011 from DePaul University in Chicago, Illinois. He earned his Juris Doctor degree in 2015 f... (more)

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248-234-9832

29000 Inkster Rd, Southfield, MI 48034

Nick Balberman

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Accident & Injury, Criminal, Divorce & Family Law, Bankruptcy & Debt, Estate

Mr. Balberman graduated from the University of Michigan with a degree in Economics in 1978 and was admitted to the State Bar of Michigan in 1983 after... (more)

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248-224-6696

29800 Middlebelt Rd, Farmington, MI 48334

Phillip A. Greenblatt

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Credit & Debt, Identity Theft, Business

I can resolve your debt collection problems. I stop or minimize the prospect of garnishment of your wages and assets. I aggressively defend client'... (more)

FREE CONSULTATION

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248-227-7350

Phillip A. Greenblatt, PLLC, Southfield, MI 48037

Marc D. Melamed

Business Organization, Dissolution, Estate Administration, Joint Ventures

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30833 Northwestern Hwy, Farmington, MI 48334

Julie A. Smyk

Foreclosure, Workout, Consumer Bankruptcy, Bankruptcy

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FREE CONSULTATION

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29777 Telegraph Road, Southfield, MI 48034

Sandra K. Alexander

Real Estate, Estate Planning, Business, Credit & Debt

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7125 Orchard Lake Road, West Bloomfield, MI 48322

Jonathan C. Myers

Bankruptcy, Business, Real Estate

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27777 Franklin Road, Southfield, MI 48034

Judith Greenstone Miller

Intellectual Property, Corporate, Banking & Finance, Bankruptcy

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27777 Franklin Road, Southfield, MI 48034

Adel T. Fakhouri

Mediation, Estate Planning, Bankruptcy, Personal Injury

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FREE CONSULTATION

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26300 Telegraph Road, Southfield, MI 48033

Louis P. Rochkind

Real Estate, Business Organization, Banking & Finance, Bankruptcy

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27777 Franklin Road, Southfield, MI 48034

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LEGAL TERMS

REPOSSESSION

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and ... (more...)

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and has not attempted to work with the lender to resolve the problem. A repossessor can't use force to get at your car, but he can legally hot-wire it and even drive it out of your unlocked garage.

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.

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.

FAIR CREDIT REPORTING ACT (FCRA)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to a... (more...)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to adopt reasonable procedures for gathering, maintaining and disseminating information and bars credit bureaus from reporting negative information that is older than seven years, except a bankruptcy, which may be reported for ten. If you notify a credit bureau of an error in your credit report, the FCRA requires the bureau to investigate your allegations within 30 days, review all information you provide, remove inaccurate and unverified information and adopt procedures to keep the information from reappearing. In addition, the law requires that creditors refrain from reporting incorrect information to credit bureaus.

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.

TRADE NAME

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

REAFFIRMATION

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing deb... (more...)

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing debt after the bankruptcy case is over. For instance, a debtor might make a reaffirmation agreement with the holder of a car note that the debtor can keep the car and must continue to pay the debt after bankruptcy.

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.

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.

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Farmington Bankruptcy & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Michael Joseph Bonvolanta

Nick Balberman

Phillip A. Greenblatt

Marc D. Melamed

Julie A. Smyk

Sandra K. Alexander

Jonathan C. Myers

Judith Greenstone Miller

Adel T. Fakhouri

Louis P. Rochkind

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LEGAL TERMS

REPOSSESSION

FAIR LABOR STANDARDS ACT (FLSA)

CHAPTER 7 BANKRUPTCY

FAIR CREDIT REPORTING ACT (FCRA)

SOLE PROPRIETORSHIP

TRADE NAME

REAFFIRMATION

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

PRIORITY DEBT

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