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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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Christopher Wayne Quinn II

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Felony, DUI-DWI, Misdemeanor, Traffic, Bankruptcy

Criminal Defense Attorney Handeling Felony and Misdemeanor Cases

At the law offices of Quinn and associates our motto is knowledge, excellence, and determination. The professionals at The Law Offices of Quinn & Asso... (more)

FREE CONSULTATION

CONTACT

800-645-3790

400 Monroe, Suite 290, Detroit, MI 48226

Leo J. Gibson

Business Organization, Bankruptcy, Litigation

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CONTACT

211 W Fort St., Detroit, MI 48226

Paula Ramsey

Estate, Divorce & Family Law, Bankruptcy & Debt, Car Accident

Status: Licensed: 19 Years

FREE CONSULTATION

CONTACT

613 Abbott, Detroit, MI 48226

James Michael Menna

Landlord-Tenant, Trusts, Divorce, Credit & Debt

Status: Licensed: 25 Years

CONTACT

3173 Biddle Ave, Wyandotte, MI 48192

Scott Douglas Murdoch

Estate Planning, Employee Rights, Family Law, Consumer Bankruptcy

Status:

CONTACT

6200 Schaefer Rd, Dearborn, MI 48126

Robert P. Coutts

Family Law, Criminal, Credit & Debt, Bankruptcy

Status: Licensed: 35 Years

CONTACT

7445 Allen Rd, Allen Park, MI 48101

Abathar Nazar Alkudari

International, Administrative Law, Business, Consumer Bankruptcy

Status: Licensed: 10 Years

CONTACT

3 Parklane Blvd, Dearborn, MI 48126

Zachary Arthur Rowley

Real Estate, International, Antitrust, Consumer Bankruptcy

Status: Licensed: 10 Years

CONTACT

15555 Noecker Way, Southgate, MI 48195

Walter A. Metzen

Real Estate, Bankruptcy, Bankruptcy & Debt, Consumer Bankruptcy

Status: Licensed: 31 Years

CONTACT

645 Griswold St, Detroit, MI 48226

Michael J. Thomas

Landlord-Tenant, Foreclosure, Contract, Credit & Debt

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CONTACT

615 Griswold St, Detroit, MI 48226

800-814-6700

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LEGAL TERMS

TRADE NAME

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

FRAUDULENT TRANSFER

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee --... (more...)

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee -- for instance, when a debtor signs a car over to a relative to keep it out of the bankruptcy estate. Fraudulently transferred property can be recovered and sold by the trustee for the benefit of the creditors.

CURRENT MONTHLY INCOME

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding... (more...)

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding the bankruptcy filing. The debtor's current monthly income is used to determine whether the debtor can file for Chapter 7 bankruptcy, among other things.

COSIGNER

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for t... (more...)

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for the loan or debt. Many people use cosigners to qualify for a loan or credit card. Landlords may require a cosigner when renting to a student or someone with a poor credit history.

SETOFF

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a countercl... (more...)

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a counterclaim filed by a defendant in a lawsuit. Banks may try to exercise a setoff by taking money out of a deposit account to satisfy past due payments on a loan or credit card bill. Such an act is illegal under most circumstances.

PREFERENCE

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commer... (more...)

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commercial creditors) and within one year for insider creditors (friends, family members, and business associates). Because a preference gives the creditor who received the payment an edge over other creditors in the bankruptcy case, the trustee can recover the preference (the amount of the payment) and distribute it among all of the creditors.

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.

GARNISHMENT

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if ... (more...)

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if she loses a lawsuit filed by the creditor. Up to 25% of a person's wages can be deducted.

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.

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River Rouge Bankruptcy & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Christopher Wayne Quinn II

Leo J. Gibson

Paula Ramsey

James Michael Menna

Scott Douglas Murdoch

Robert P. Coutts

Abathar Nazar Alkudari

Zachary Arthur Rowley

Walter A. Metzen

Michael J. Thomas

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LEGAL TERMS

TRADE NAME

FRAUDULENT TRANSFER

CURRENT MONTHLY INCOME

COSIGNER

SETOFF

PREFERENCE

INFRINGEMENT (OF TRADEMARK)

GARNISHMENT

SUBROGATION

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