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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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Peter Vince Granata

Admiralty & Maritime, Medicare & Medicaid, Contract, Business, Credit & Debt

Status: Licensed: 12 Years

CONTACT

16250 Northland Dr, Southfield, MI 48075

Richard L. Banta

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

Status: Licensed: 38 Years

CONTACT

78 Forest St, River Rouge, MI 48218

David M. Parrott

Landlord-Tenant, Traffic, Civil Rights, Credit & Debt

Status: Licensed: 40 Years

CONTACT

42156 N. Cumberland Drive, Belleville, MI 48111

Cherika Alma Harris

Landlord-Tenant, Federal Appellate Practice, Divorce, Credit & Debt

Status: Licensed: 16 Years

CONTACT

Southfield, MI 48037

Tracy M. Clark-Flaherty

Lawsuit & Dispute, Credit & Debt, Bankruptcy, Bankruptcy & Debt

Status: Licensed: 26 Years

CONTACT

25925 Telegraph Rd, Southfield, MI 48033

Aaron Sheinfield

Bankruptcy & Debt, Bankruptcy, Collection, Credit & Debt

CONTACT

4000 Town Center, Southfield, MI 48075

Rachael Frawley

Contract, Landlord-Tenant, Credit & Debt, Litigation

Status: Licensed: 16 Years

CONTACT

37000 Grand River Ave, Farmington, MI 48335

Robert J. Kull

Trusts, Elder Law, Contract, Credit & Debt, Estate

Status: Licensed: 29 Years

CONTACT

37000 Grand River Ave, Farmington, MI 48335

Robert J. Langan

Real Estate, Contract, Credit & Debt, Medical Products & Devices

Status: Licensed: 30 Years

CONTACT

128 N Center St, Northville, MI 48167

Peter M Schneiderman

Commercial Real Estate, Family Law, Credit & Debt, Bankruptcy, International

Status: Licensed: 55 Years

CONTACT

23938 Research Dr, Farmington, MI 48335

800-814-6700

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LEGAL TERMS

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.

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.

DISCHARGEABLE DEBTS

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bill... (more...)

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bills and medical bills. Compare nondischargeable debts.

SECURED DEBT

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collater... (more...)

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collateral, to satisfy the debt if you default. Compare unsecured debt.

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.

LIMITED PARTNERSHIP

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner ... (more...)

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner or partners (called general partners) have unlimited personal liability. The key difference between a general and limited partner concerns management decision making--general partners run the business, and limited partners, who are usually passive investors, are not allowed to make day-to-day business decisions. If they do, they risk being treated as general partners with unlimited personal liability.

FCRA

See Fair Credit Reporting Act.

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.

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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Inkster Credit & Debt Lawyer, Michigan, page 3

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Peter Vince Granata

Richard L. Banta

David M. Parrott

Cherika Alma Harris

Tracy M. Clark-Flaherty

Aaron Sheinfield

Rachael Frawley

Robert J. Kull

Robert J. Langan

Peter M Schneiderman

TIPS

LEGAL TERMS

INFRINGEMENT (OF TRADEMARK)

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

DISCHARGEABLE DEBTS

SECURED DEBT

REPOSSESSION

LIMITED PARTNERSHIP

FCRA

LIMITED LIABILITY

SOLE PROPRIETORSHIP

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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