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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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Charles H. Gross

Estate Planning, Bankruptcy, Dispute Resolution, Commercial Real Estate, Business

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105 Brown St, Tecumseh, MI 49286

Dale M. Lockwood

Lawsuit & Dispute, Divorce & Family Law, Criminal, Bankruptcy & Debt

Status: Licensed: 50 Years

CONTACT

1556 Hollywood Dr, Monroe, MI 48162

David George Grude

Litigation, Family Law, Collection, Personal Injury

Status: Licensed: 46 Years

CONTACT

7505 Summerfield Rd, Petersburg, MI 49270

David F. Grenn

Real Estate, Traffic, Estate, Criminal, Bankruptcy

Status: Licensed: 31 Years

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428 S Monroe St, Monroe, MI 48161

Edward A. Shuttie

Real Estate, Public Law, Business, Bankruptcy

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3110 Charm Harbor Dr, Monroe, MI 48162

Gene Thomas Borgstahl

Workers' Compensation, Corporate, Commercial Bankruptcy, Personal Injury

Status: Licensed: 42 Years

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6950 Memorial Hwy, Ottawa Lake, MI 49267

John Deku

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

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8336 Monroe Road, Lambertville, MI 48144

Kathryn Mary Mohr

Agriculture, Estate, Corporate, Commercial Bankruptcy

Status: Licensed: 38 Years

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7251 Ford Hwy, Tecumseh, MI 49286

Leslie M. Carr

Divorce & Family Law, Bankruptcy, Wills & Probate

Status: Licensed: 33 Years

CONTACT

23 W 1st St, Monroe, MI 48161

Michael R. Yales

Health Care, Family Law, Consumer Rights, Consumer Bankruptcy

Status: Licensed: 39 Years

CONTACT

Monroe, MI 48161

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LEGAL TERMS

TRUTH IN LENDING ACT (TILA)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disc... (more...)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disclose the terms of a loan, including the total amount of the loan, the annual interest rate and the number, amount and due dates of all payments necessary to repay the loan. The TILA requires additional disclosures and places many restrictions on mortgages.

S CORPORATION

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status fro... (more...)

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status from the Internal Revenue Service. Electing to do business as an S corporation lets shareholders enjoy limited liability status, as would be true of any corporation, but be taxed like a partnership or sole proprietor. That is, instead of being taxed as a separate entity (as would be the case with a regular or C corporation) an S corporation is a pass-through tax entity: income taxes are reported and paid by the shareholders, not the S corporation. To qualify as an S corporation a number of IRS rules must be met, such as a limit of 75 shareholders and citizenship requirements.

SECRET WARRANTY PROGRAM

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid... (more...)

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid a recall and the accompanying bad press. Secret warranties are rarely advertised by the manufacturer, so consumers must pursue the manufacturer to discover and take advantage of them. A few states require manufacturers to notify car buyers when they adopt secret warranty programs.

FDCPA

See Fair Debt Collections & Practices Act.

GUARANTEED RESERVATION

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehic... (more...)

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehicle for you no matter when you show up. If you have a guaranteed reservation with a hotel, it must provide you with a room, either at that hotel or at another comparable establishment. If you have a guaranteed reservation with a car agency, it must provide you with a vehicle. The downside of a guaranteed reservation is that if you don't show up and haven't cancelled your reservation, you will be billed for one night in the room or one day's use of the vehicle.

NONEXEMPT PROPERTY

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typicall... (more...)

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typically includes valuable clothing (furs) and electronic equipment, an expensive car that's been paid off and most of the equity in your house. Compare exempt property.

LIQUIDATING PARTNER

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

IRS EXPENSES

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income mu... (more...)

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income must use the IRS expenses to calculate their average net income in a Chapter 7 case, or their disposable income in a Chapter 13 case.

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.

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Temperance Bankruptcy & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Charles H. Gross

Dale M. Lockwood

David George Grude

David F. Grenn

Edward A. Shuttie

Gene Thomas Borgstahl

John Deku

Kathryn Mary Mohr

Leslie M. Carr

Michael R. Yales

TIPS

LEGAL TERMS

TRUTH IN LENDING ACT (TILA)

S CORPORATION

SECRET WARRANTY PROGRAM

FDCPA

GUARANTEED RESERVATION

NONEXEMPT PROPERTY

LIQUIDATING PARTNER

IRS EXPENSES

SECURED DEBT

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