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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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John R. Ceci

Wills & Probate, Estate Planning, Divorce, Bankruptcy

Status: In Good Standing Licensed: 22 Years

FREE CONSULTATION

CONTACT

726 W Grand River Ave, Brighton, MI 48116

Michael P. Hammond

Government Contract, Antitrust, Consumer Bankruptcy, Wrongful Death

Status: In Good Standing

CONTACT

54456 Royal Troon Dr, South Lyon, MI 48178

Nancy C Nawrocki

Real Estate, Family Law, Civil Rights, Credit & Debt

Status: In Good Standing Licensed: 38 Years

CONTACT

10299 Grand River Rd, Brighton, MI 48114

Edward Shaw

Child Support, Consumer Protection, Collection, Bankruptcy

Status: In Good Standing Licensed: 35 Years

CONTACT

42705 Grand River Ave, Novi, MI 48375

Bruce A. Mayrand

Commercial Real Estate, Estate Planning, Family Law, Bankruptcy

Status: In Good Standing Licensed: 19 Years

CONTACT

100 N Pond Dr, Commerce Township, MI 48390

Charles G. Hodgson

Bankruptcy, Real Estate, Trusts, Corporate

Status: In Good Standing Licensed: 22 Years

CONTACT

8163 Grand River Rd, Brighton, MI 48114

Daniel D. Mclean

Employee Rights, Divorce, Contract, Collection

Status: In Good Standing Licensed: 15 Years

CONTACT

436 N Center St, Northville, MI 48167

Joseph P. Villarosa

Workers' Compensation, Contract, Credit & Debt, Personal Injury

Status: In Good Standing Licensed: 28 Years

CONTACT

722 E Grand River Ave, Brighton, MI 48116

Robert A. Pollice

Construction, Employee Rights, Contract, Credit & Debt

Status: In Good Standing Licensed: 48 Years

CONTACT

302 W Main St, Northville, MI 48167

Edward Leonard Ewald

Landlord-Tenant, Employee Rights, Contract, Credit & Debt

Status: In Good Standing Licensed: 34 Years

CONTACT

1198 S Creek Dr, Wixom, MI 48393

800-923-0641

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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.

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.

DISPOSABLE INCOME

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Ch... (more...)

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Chapter 13 plan.

LIMITED PARTNERSHIP

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner ... (more...)

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner or partners (called general partners) have unlimited personal liability. The key difference between a general and limited partner concerns management decision making--general partners run the business, and limited partners, who are usually passive investors, are not allowed to make day-to-day business decisions. If they do, they risk being treated as general partners with unlimited personal liability.

FAIR LABOR STANDARDS ACT (FLSA)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements ... (more...)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements for overtime and places restrictions on child labor.

CREDIT COUNSELING

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Unde... (more...)

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Under the new bankruptcy law, a debtor must undergo credit counseling with an approved provider before filing for bankruptcy.

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.

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.

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.

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New Hudson Bankruptcy & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

John R. Ceci

Michael P. Hammond

Nancy C Nawrocki

Edward Shaw

Bruce A. Mayrand

Charles G. Hodgson

Daniel D. Mclean

Joseph P. Villarosa

Robert A. Pollice

Edward Leonard Ewald

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LEGAL TERMS

TRUTH IN LENDING ACT (TILA)

CURRENT MONTHLY INCOME

DISPOSABLE INCOME

LIMITED PARTNERSHIP

FAIR LABOR STANDARDS ACT (FLSA)

CREDIT COUNSELING

GUARANTEED RESERVATION

SECURED DEBT

GARNISHMENT

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