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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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Rebecca A Hernandez

Bankruptcy, Consumer Bankruptcy, Criminal

Status: In Good Standing Licensed: 13 Years

CONTACT

918 Osgood St, Monroe, MI 48161

Steven M. Hyder

Contract, Credit & Debt, Family Law, Construction, Child Custody

Status: In Good Standing Licensed: 19 Years

CONTACT

14930 Laplaisance Rd, Monroe, MI 48161

Patrick T. Clement

Consumer Rights, Consumer Bankruptcy

Status: In Good Standing Licensed: 25 Years

CONTACT

898 S Telegraph Rd, Monroe, MI 48161

Michael R. Yales

Health Care, Family Law, Consumer Rights, Consumer Bankruptcy

Status: In Good Standing Licensed: 38 Years

CONTACT

Monroe, MI 48161

John Deku

Real Estate, Estate, Criminal, Bankruptcy & Debt, Car Accident

Status: In Good Standing

CONTACT

8336 Monroe Road, Lambertville, MI 48144

Bryan Yaldou

Bankruptcy & Debt, Estate, Accident & Injury

Status: In Good Standing Licensed: 18 Years

CONTACT

23000 Telegraph Rd, Flat Rock, MI 48134

Eugene Ferguson

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

Status: In Good Standing Licensed: 42 Years

CONTACT

3253 West Rd, Trenton, MI 48183

James K. Kersten

Criminal, Consumer Rights, Consumer Bankruptcy

Status: In Good Standing Licensed: 44 Years

CONTACT

9580 Hawthorne Glen Dr, Grosse Ile, MI 48138

Stephen J. Smith

Workers' Compensation, Contract, Collection, Wrongful Death

Status: In Good Standing Licensed: 51 Years

CONTACT

8841 Macomb St, Grosse Ile, MI 48138

800-923-0641

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LEGAL TERMS

FAIR CREDIT BILLING ACT (FCBA)

A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days af... (more...)

A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days after it mailed the bill to you. The company must then correct the mistake, or at least acknowledge receipt of your letter within 30 days, and must correct the error within 90 days or explain why it believes the credit card statement is correct.

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.

BANKRUPTCY

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are ... (more...)

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are two types of bankruptcies -- liquidation, in which your debts are wiped out (discharged) and reorganization, in which you provide the court with a plan for how you intend to repay your debts. For both consumers and business, liquidation bankruptcy is called Chapter 7. For consumers, reorganization bankruptcy is called Chapter 13. Reorganization bankruptcy for consumers with an extraordinary amount of debt and for businesses is called Chapter 11. Reorganization bankruptcy for family farmers is called Chapter 12.

NO-FAULT INSURANCE

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain ... (more...)

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain amount, regardless of who was at fault. The effect of no-fault insurance laws is to eliminate lawsuits in small accidents. The advantage is the prompt payment of medical bills and expenses. The downsides are that the amounts paid by no-fault policies are often not enough to fully cover a person's losses and that no-fault does not compensate for pain and suffering.

TRADE DRESS

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape... (more...)

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape of Frangelico liqueur bottles. Trade dress can be protected under trademark law if a showing can be made that the average consumer would likely be confused as to product origin if another product were allowed to appear in similar dress.

INTEREST

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to ... (more...)

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to your balance. This means that if your loan or credit line has an interest rate of 8%, the holder adds 8% to the balance each year. More specifically, interest is calculated and added to your loan or credit line through a process called compounding. If interest is compounded daily, the balance will rise by 1/365th of 8% each day. If interest is compounded monthly, the balance will rise 1/12th of 8% at the start of each month.

MEETING OF CREDITORS

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a f... (more...)

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a few questions. In a Chapter 7, the meeting of creditors lasts a few minutes and rarely do any creditors show up. In a Chapter 13 bankruptcy, one or two creditors may attend, especially if they disagree with some provision of your repayment plan.

LIQUIDATING PARTNER

The member of an insolvent or dissolving partnership responsible for paying the debts and settling the accounts of the partnership.

La Salle Bankruptcy & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Rebecca A Hernandez

Steven M. Hyder

Patrick T. Clement

Michael R. Yales

John Deku

Bryan Yaldou

Eugene Ferguson

James K. Kersten

Stephen J. Smith

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LEGAL TERMS

FAIR CREDIT BILLING ACT (FCBA)

LIMITED LIABILITY

BANKRUPTCY

NO-FAULT INSURANCE

TRADE DRESS

INTEREST

MEETING OF CREDITORS

LIQUIDATING PARTNER

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