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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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Michael J. Willis

✓ VERIFIED

Bankruptcy & Debt, Wills & Probate, Contract, Elder Law, Estate Planning

Dedicated to Excellence in Client Service

Michael Willis founded this firm with his brother, Shaun Patrick Willis. Their father, Hon. Frank D. Willis, is the probate judge for Van Buren Count... (more)

FREE CONSULTATION

CONTACT

800-909-2450

491 W South St, Kalamazoo, MI 49007

Wesley Johnson Todd

✓ VERIFIED

DUI-DWI, Criminal, Bankruptcy, Divorce & Family Law

Wesley Todd originally joined the firm as an intern in 2008. He has been a shareholder of the firm since 2020. He was born in Kalamazoo, Michigan and ... (more)

CONTACT

269-267-1655

70 Michigan Avenue West, Battle Creek, MI 49017

Jeriamiah Lee Joseph

✓ VERIFIED

Divorce & Family Law, Personal Injury, Accident & Injury, Car Accident, Bankruptcy & Debt

Jeriamiah Joseph is the founding Member of Joseph Law – located at 18625 Centennial Road, Suite A, Marshall, MI 49068. Mr. Joseph is licensed to pra... (more)

CONTACT

800-710-2481

18625 Centennial Rd, Marshall, MI 49068

Jeffrey J Dufon

Traffic, Bankruptcy, White Collar Crime, DUI-DWI

Status: In Good Standing

FREE CONSULTATION

CONTACT

480 West Lovell Street, Kalamazoo, MI 49007

James E. Reed

Status: In Good Standing

CONTACT

70 Michigan Avenue West, Battle Creek, MI 49017

Joseph P. Haas

Collection, Labor Law, Divorce, Landlord-Tenant

Status: In Good Standing Licensed: 32 Years

CONTACT

112 S Monroe St, Sturgis, MI 49091

David Robert Hughes

Litigation, Estate Planning, Family Law, Collection

Status: In Good Standing Licensed: 10 Years

CONTACT

112 S Monroe St, Sturgis, MI 49091

John Raymond Dresser

Sales & Use Tax, Agriculture, Merger & Acquisition, Reorganization

Status: In Good Standing Licensed: 43 Years

CONTACT

112 South Monroe Street, Sturgis, MI 49091

Robert R. Kopen

Trusts, Estate Planning, Consumer Rights, Bankruptcy

Status: In Good Standing Licensed: 46 Years

CONTACT

8918 Long Lake Dr E, Scotts, MI 49088

Susan A. Sandmeyer

Family Law, Divorce & Family Law, Consumer Rights, Consumer Bankruptcy

Status: In Good Standing Licensed: 38 Years

CONTACT

3520 East Shore Dr, Portage, MI 49002

800-923-0641

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LEGAL TERMS

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.

HOUSEHOLDER

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a ho... (more...)

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a homestead exemption and possibly other exemptions relating to the maintenance of the household.

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.

CREDIT BUREAU

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit... (more...)

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit card companies that use the information to screen applicants for loans and credit cards. There are three major credit bureaus, Equifax, Experian and Trans Union, and they are regulated by the federal Fair Credit Reporting Act.

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.

REAFFIRMATION

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing deb... (more...)

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing debt after the bankruptcy case is over. For instance, a debtor might make a reaffirmation agreement with the holder of a car note that the debtor can keep the car and must continue to pay the debt after bankruptcy.

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.

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.

WORKOUT

A debtor's plan to take care of a debt, by paying it off or through loan forgiveness. Workouts are often created to avoid bankruptcy or foreclosure proceedings.

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Nottawa Bankruptcy & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Michael J. Willis

Wesley Johnson Todd

Jeriamiah Lee Joseph

Jeffrey J Dufon

James E. Reed

Joseph P. Haas

David Robert Hughes

John Raymond Dresser

Robert R. Kopen

Susan A. Sandmeyer

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LEGAL TERMS

SOLE PROPRIETORSHIP

HOUSEHOLDER

SETOFF

CREDIT BUREAU

UNSECURED DEBT

REAFFIRMATION

FRAUDULENT TRANSFER

IRS EXPENSES

WORKOUT

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