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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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Jacob Conrad Bender

Social Security, Workers' Compensation, Reinsurance, Bankruptcy

Status: In Good Standing Licensed: 10 Years

CONTACT

Adrian, MI 49221

Sean Francis Corsini

Family Law, Contract, Credit & Debt, Personal Injury

Status: In Good Standing Licensed: 11 Years

CONTACT

1893 W Maumee St, Adrian, MI 49221

Ray G. Tallerday

Bankruptcy

Status: Suspended Licensed: 45 Years

CONTACT

107 S Broad St, Adrian, MI 49221

Margaret M. S. Noe

Dispute Resolution, Family Law, Criminal, Collection

Status: In Good Standing Licensed: 40 Years

CONTACT

147 N Main St, Adrian, MI 49221

Denis F. Jodis

Workers' Compensation, Contract, Bankruptcy, Medical Malpractice

Status: In Good Standing

CONTACT

216 N. Main Street, Adrian, MI 49221

Catherine Ann Sala

Trusts, Divorce, Contract, Bankruptcy

Status: In Good Standing Licensed: 16 Years

CONTACT

425 N Main St, Adrian, MI 49221

Ciara Rae McGrane

Veterans' Affairs, Family Law, Criminal, Collection

Status: In Good Standing

CONTACT

425 N Main St, Adrian, MI 49221

Peter W. Cravens

Criminal, Collection

Status: In Good Standing Licensed: 33 Years

CONTACT

110 Lake Shore Dr, Brooklyn, MI 49230

Michael J. Brooks

Government, Divorce & Family Law, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 51 Years

CONTACT

1107 W Chicago Blvd, Tecumseh, MI 49286

Charles H. Gross

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

Status: In Good Standing

CONTACT

105 Brown St, Tecumseh, MI 49286

800-923-0641

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LEGAL TERMS

LIQUIDATING PARTNER

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

WINDING UP

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, a... (more...)

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, all with the ultimate goal of liquidating or closing down a corporation or partnership.

CHAPTER 13 BANKRUPTCY

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your inc... (more...)

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your income to pay all or a portion of the debts over three to five years. The minimum amount you must pay is roughly equal to the value of your nonexempt property. In addition, you must pledge your disposable net income -- after subtracting reasonable expenses -- for the period during which you are making payments. At the end of the three-to five-year period, the balance of what you owe on most debts is erased.

DEBT COLLECTOR

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe... (more...)

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe. Debt collectors can be relentless, often using scare tactics, humiliation and repeated phone calls to extract payments or promises to pay.

C CORPORATION

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S c... (more...)

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S corporation, whose profits are passed through to shareholders and taxed on their personal returns under subchapter S of the Internal Revenue Code.

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.

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.

PRESUMED ABUSE

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means te... (more...)

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means test, the court will presume that the debtor has sufficient income to fund a Chapter 13 plan. In this situation, the debtor will not be allowed to proceed with a Chapter 7 bankruptcy unless the debtor can prove that he or she is not abusing the Chapter 7 bankruptcy remedy.

Morenci Bankruptcy & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Jacob Conrad Bender

Sean Francis Corsini

Ray G. Tallerday

Margaret M. S. Noe

Denis F. Jodis

Catherine Ann Sala

Ciara Rae McGrane

Peter W. Cravens

Michael J. Brooks

Charles H. Gross

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LEGAL TERMS

LIQUIDATING PARTNER

WINDING UP

CHAPTER 13 BANKRUPTCY

DEBT COLLECTOR

C CORPORATION

FAIR CREDIT BILLING ACT (FCBA)

REPOSSESSION

PRESUMED ABUSE

CREDITOR

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