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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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David R. Heyboer

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Criminal, DUI-DWI, Bankruptcy & Debt, Personal Injury, Real Estate

When you've been arrested and facing criminal charges, there can be serious consequences for you and your family. Don't face your criminal charges alo... (more)

FREE CONSULTATION

CONTACT

800-953-6751

3051 Commerce Drive, Fort Gratiot, MI 48059

Anissa Cherri Hudy

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Bankruptcy & Debt, Estate, Landlord-Tenant, Litigation

Anissa Hudy is a practicing lawyer in the state of Michigan.

CONTACT

248-417-9154

P.O. Box 249, New Baltimore, MI 48047

Shawn J. Coppins

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Divorce & Family Law, Criminal, Accident & Injury, Bankruptcy, Traffic

Mr. Coppins was born and raised in the Metro-Detroit area and is a Litigation Specialist

Shawn Coppins is an aggressive plaintiff's attorney and is one of the firm's founding partners.Mr. Coppins was born and raised in the Metro-Detroit ar... (more)

FREE CONSULTATION

CONTACT

800-928-4120

44 First Street, Mount Clemens, MI 48043

Justin G. Grove

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Foreclosure, Accident & Injury, Consumer Rights, Real Estate, Bankruptcy & Debt

I have spent my legal career defending the little guy against big corporations. Everyday we help regular people fight the mortgage companies, insuranc... (more)

FREE CONSULTATION

CONTACT

800-928-5911

36700 Woodward Ave., Ste. 107, Bloomfield Hills, MI 48304

Derek J. Brackon

Business Organization, Family Law, Collection, Wills & Probate

Status: In Good Standing

CONTACT

12900 Hall Road, Sterling Heights, MI 48313

Lyndsay S. Ott

Collection, Banking & Finance, Corporate, Real Estate

Status: In Good Standing

CONTACT

12900 Hall Road, Sterling Heights, MI 48313

Stacey L. Sanford

Commercial Real Estate, Estate Planning, Employment, Bankruptcy

Status: In Good Standing

CONTACT

Venture Plaza, 3150 Livernois Road, Troy, MI 48083

Paul S. Magy

Commercial Real Estate, Commercial Leasing, Corporate, Bankruptcy

Status: In Good Standing

CONTACT

151 S. Old Woodward Avenue, Birmingham, MI 48009

Jill Mainster Menuck

Wills, Wills & Probate, Banking & Finance, Bankruptcy

Status: In Good Standing

CONTACT

2051 Villa Road, Birmingham, MI 48009

Robert D. Crosby

Divorce & Family Law, Collection

Status: In Good Standing

CONTACT

510 Quay St, Port Huron, MI 48060

800-923-0641

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LEGAL TERMS

COSIGNER

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for t... (more...)

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for the loan or debt. Many people use cosigners to qualify for a loan or credit card. Landlords may require a cosigner when renting to a student or someone with a poor credit history.

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.

NONPROFIT CORPORATION

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or f... (more...)

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or for some public purpose (such as a hospital, environmental organization or literary society). Nonprofit corporations, despite the name, can make a profit, but the business cannot be designed primarily for profit-making purposes, and the profits must be used for the benefit of the organization or purpose the corporation was created to help. When a nonprofit corporation dissolves, any remaining assets must be distributed to another nonprofit, not to board members. As with for-profit corporations, directors of nonprofit corporations are normally shielded from personal liability for the organization's debts. Some nonprofit corporations qualify for a federal tax exemption under _ 501(c)(3) of the Internal Revenue Code, with the result that contributions to the nonprofit are tax deductible by their donors.

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.

DISCHARGE (OF DEBTS)

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

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.

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.

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.

CHAPTER 13 PLAN

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to ... (more...)

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to pay all mandatory debts -- for example, back child support, taxes, and mortgage arrearages -- as well as some or all unsecured, nonpriority debts, such as medical and credit card bills.

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Fort Gratiot Bankruptcy & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

David R. Heyboer

Anissa Cherri Hudy

Shawn J. Coppins

Justin G. Grove

Derek J. Brackon

Lyndsay S. Ott

Stacey L. Sanford

Paul S. Magy

Jill Mainster Menuck

Robert D. Crosby

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LEGAL TERMS

COSIGNER

SUBROGATION

NONPROFIT CORPORATION

SECURED DEBT

DISCHARGE (OF DEBTS)

CURRENT MONTHLY INCOME

FORBEARANCE

FRAUDULENT TRANSFER

CHAPTER 13 PLAN

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