Ingham County, MI Bankruptcy & Debt Lawyers, page 3

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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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Richard A. Cascarilla

Labor Law, Contract, Consumer Bankruptcy, Bankruptcy

Status: In Good Standing Licensed: 44 Years

CONTACT

2123 University Park Dr, Okemos, MI 48864

Patricia A. Johnson

Landlord-Tenant, Estate, Divorce & Family Law, Bankruptcy & Debt

Status: In Good Standing Licensed: 33 Years

CONTACT

Haslett, MI 48840

Kevin Bernard Scott

Health Care Other, Health Care, Business, Consumer Bankruptcy

Status: In Good Standing Licensed: 41 Years

CONTACT

3692 Fairhills Dr, Okemos, MI 48864

Michael Murray

Criminal, Native People, Civil & Human Rights, Collection

Status: In Good Standing Licensed: 49 Years

CONTACT

1100 W Grand River Ave, Okemos, MI 48864

Martin F. Tieber

Collection, Federal Appellate Practice, Criminal

Status: In Good Standing Licensed: 49 Years

CONTACT

403 Seymour Ave, Lansing, MI 48933

Jean E. Kordenbrock

Criminal, Collection, Administrative Law, Government

Status: In Good Standing Licensed: 28 Years

CONTACT

124 W Allegan St, Lansing, MI 48933

Kelly Michelle Fletcher

Immigration, Estate, Contract, Bankruptcy

Status: In Good Standing Licensed: 19 Years

CONTACT

121 Burcham Dr, East Lansing, MI 48823

Jessica R. Maas

Landlord-Tenant, Family Law, Elder Law, Credit & Debt

Status: In Good Standing Licensed: 11 Years

CONTACT

3490 Belle Chase Way, Lansing, MI 48911

Ekugbere Joseph Ejoh

Litigation, International Other, Immigration, Bankruptcy

Status: Suspended Licensed: 12 Years

CONTACT

3300 Lawdor Rd, Lansing, MI 48911

Carrie Renee Feeheley

Litigation, Agriculture, Administrative Law, Consumer Bankruptcy

Status: In Good Standing Licensed: 15 Years

CONTACT

648 N Shaw Ln, East Lansing, MI 48824

800-923-0641

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LEGAL TERMS

CCCS

See Consumer Credit Counseling Service.

LIEN

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortg... (more...)

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortgages, home equity loans, car loans and personal loans for which you pledge property to guarantee repayment. Liens created without your consent are called nonconsensual liens, and include judgment liens (liens filed by a creditor who has sued you and obtained a judgment), tax liens and mechanics liens (liens filed by a contractor who worked on your house but wasn't paid).

DEFINED CONTRIBUTION PLAN

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount ... (more...)

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount every month, or every year, for each employee. The employer usually pays a fixed percentage of an employee's wages or salary, although sometimes the amount is a fraction of the company's profits, with the size of each employee's pension share depending on the amount of wage or salary. Upon retirement, each employee's pension is determined by how much was contributed to the fund on behalf of that employee over the years, plus whatever earnings that money has accumulated as part of the investments of the entire pension fund.

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.

GUARANTOR

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. T... (more...)

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. The guarantor gives a 'guaranty,' which is an assurance that the debt or other obligation will be fulfilled.

CREDIT FILE

See credit report.

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.

UNSECURED DEBT

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only reme... (more...)

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only remedy is to sue you and get a judgment. Compare secured debt.

LOSS DAMAGE WAIVER (LDW)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it ofte... (more...)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it often duplicates coverage provided by the renter's regular car insurance and/or the credit card she uses to rent the car. Nevertheless, hard-sell practices by rental car agents often dupe people into buying LDWs they don't really need. LDW is also called 'collision damage waiver.'

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Ingham County, MI Bankruptcy & Debt Lawyers, page 3

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Richard A. Cascarilla

Patricia A. Johnson

Kevin Bernard Scott

Michael Murray

Martin F. Tieber

Jean E. Kordenbrock

Kelly Michelle Fletcher

Jessica R. Maas

Ekugbere Joseph Ejoh

Carrie Renee Feeheley

TIPS

LEGAL TERMS

CCCS

LIEN

DEFINED CONTRIBUTION PLAN

NONEXEMPT PROPERTY

GUARANTOR

CREDIT FILE

SOLE PROPRIETORSHIP

UNSECURED DEBT

LOSS DAMAGE WAIVER (LDW)

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