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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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Nathan Paul Fuglestad

Real Estate, Bankruptcy & Debt, Personal Injury, Trusts

Status: In Good Standing Licensed: 33 Years

CONTACT

x, North Branch, MI 48461

George J. Stauch

Lawsuit & Dispute, Estate, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 43 Years

CONTACT

1820 N Lapeer Rd, Lapeer, MI 48446

David W. Brown

Real Estate, Family Law, Criminal, Business, Bankruptcy

Status: In Good Standing

CONTACT

1820 N Lapeer Rd, Lapeer, MI 48446

Walter R. Warren

Foreclosure, Social Security, Elder Law, Credit & Debt

Status: In Good Standing Licensed: 53 Years

CONTACT

119 South State, Caro, MI 48723

James R. Abbey

Bankruptcy & Debt

Status: In Good Standing Licensed: 39 Years

CONTACT

121 W Grant St, Caro, MI 48723

Peter L. Conway

Business, Bankruptcy & Debt, Real Estate, Estate, Divorce & Family Law

Status: In Good Standing Licensed: 51 Years

CONTACT

350 N Court St, Lapeer, MI 48446

Paul T. Walton

Litigation, Lawsuit & Dispute, Criminal, Collection

Status: In Good Standing Licensed: 33 Years

CONTACT

255 Clay St, Lapeer, MI 48446

Michael C. Delling

Other, Industry Specialties, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 42 Years

CONTACT

255 Clay St, Lapeer, MI 48446

Alex Charles Barrons

Entertainment, Estate Planning, Antitrust, Consumer Bankruptcy

Status: In Good Standing Licensed: 3 Years

CONTACT

2106 Ringle Rd, Vassar, MI 48768

Heather M. Brooks-Szachta

Real Estate Other, Lawsuit, Employee Rights, Bankruptcy & Debt

Status: In Good Standing Licensed: 27 Years

CONTACT

441 Clay St, Lapeer, MI 48446

800-923-0641

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LEGAL TERMS

SUBROGATION

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off i... (more...)

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off its injured claimant takes the legal rights the claimant has against a third party that caused the injury, and sues that third party.

CREDIT FILE

See credit report.

REDEMPTION

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump s... (more...)

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump sum. For example, a debtor may redeem a car note by paying the lender the amount a retail vendor would charge for the car, considering its age and condition.

LIMITED LIABILITY

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or ... (more...)

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or a person who invests in a corporation (a shareholder) generally stands to lose only the amount of money invested in the business. This means that if the business folds, creditors cannot seize or sell an owner's home, car, or other personal assets.

DISCHARGE (OF DEBTS)

A bankruptcy court's erasure of the debts of a person or business that has filed for bankruptcy.

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.

DISCHARGEABLE DEBTS

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bill... (more...)

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bills and medical bills. Compare nondischargeable debts.

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.

FRATERNAL BENEFIT SOCIETY BENEFITS

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal socie... (more...)

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal societies that provide benefits. Also called benefit society, benevolent society or mutual aid association benefits. Under bankruptcy laws, these benefits are virtually always considered exempt property.

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Silverwood Bankruptcy & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Nathan Paul Fuglestad

George J. Stauch

David W. Brown

Walter R. Warren

James R. Abbey

Peter L. Conway

Paul T. Walton

Michael C. Delling

Alex Charles Barrons

Heather M. Brooks-Szachta

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LEGAL TERMS

SUBROGATION

CREDIT FILE

REDEMPTION

LIMITED LIABILITY

DISCHARGE (OF DEBTS)

DEFINED CONTRIBUTION PLAN

DISCHARGEABLE DEBTS

DEBT COLLECTOR

FRATERNAL BENEFIT SOCIETY BENEFITS

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