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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

James E. Reed

Status: In Good Standing

CONTACT

70 Michigan Avenue West, Battle Creek, MI 49017

Jeffrey J Dufon

Traffic, Bankruptcy, White Collar Crime, DUI-DWI

Status: In Good Standing

FREE CONSULTATION

CONTACT

480 West Lovell Street, Kalamazoo, MI 49007

Adam M Cefai

International, Intellectual Property, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 18 Years

CONTACT

180 Water St, Kalamazoo, MI 49007

Adam Andrew Beane

Real Estate, Traffic, Collection, Bankruptcy

Status: In Good Standing Licensed: 19 Years

CONTACT

2000 N M 63, Benton Harbor, MI 49022

Albert W. Laaksonen

Real Estate, Estate Planning, Criminal, Consumer Bankruptcy

Status: In Good Standing Licensed: 34 Years

CONTACT

226 1/2 E Michigan Ave, Paw Paw, MI 49079

Alexis Runowski

Collection, Family Law, Criminal

Status: In Good Standing Licensed: 3 Years

CONTACT

6312 W Main St, Kalamazoo, MI 49009

Allison Greenlee Korr

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

Status: In Good Standing Licensed: 15 Years

CONTACT

902 S Westnedge Ave, Kalamazoo, MI 49008

Andrew J. Vorbrich

Sales & Use Tax, Estate Planning, Contract, Collection

Status: In Good Standing

CONTACT

151 S Rose St, Kalamazoo, MI 49007

800-923-0641

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LEGAL TERMS

FORBEARANCE

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily ... (more...)

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily postponing or reducing the borrower's payments.

MEANS TEST

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income ... (more...)

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income for his or her state should be allowed to file for Chapter 7 bankruptcy.

BANKRUPTCY

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are ... (more...)

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are two types of bankruptcies -- liquidation, in which your debts are wiped out (discharged) and reorganization, in which you provide the court with a plan for how you intend to repay your debts. For both consumers and business, liquidation bankruptcy is called Chapter 7. For consumers, reorganization bankruptcy is called Chapter 13. Reorganization bankruptcy for consumers with an extraordinary amount of debt and for businesses is called Chapter 11. Reorganization bankruptcy for family farmers is called Chapter 12.

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.

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.

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily fu... (more...)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily funded by voluntary donations from the creditors that receive payments from debtors repaying their debts through that office. Despite this criticism, most CCCS counselors provide clients with thorough and neutral advice.

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.

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.'

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemp... (more...)

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemptible because it has been damaged or destroyed.

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Constantine Bankruptcy & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Michael J. Willis

Wesley Johnson Todd

James E. Reed

Jeffrey J Dufon

Adam M Cefai

Adam Andrew Beane

Albert W. Laaksonen

Alexis Runowski

Allison Greenlee Korr

Andrew J. Vorbrich

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LEGAL TERMS

FORBEARANCE

MEANS TEST

BANKRUPTCY

DEFINED CONTRIBUTION PLAN

SECURED DEBT

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

FRATERNAL BENEFIT SOCIETY BENEFITS

LOSS DAMAGE WAIVER (LDW)

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

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