Harrison Township Bankruptcy & Debt Lawyer, Michigan

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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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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

Steve Sowell

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

Status: In Good Standing Licensed: 39 Years

CONTACT

2 Crocker Blvd, Mount Clemens, MI 48043

Lynn M. Olivier

Bankruptcy & Debt, Contract, Landlord-Tenant

Status: In Good Standing Licensed: 38 Years

CONTACT

Mount Clemens, MI 48046

Elizabeth A. Ferguson

Labor Law, Civil Rights, Contract, Credit & Debt

Status: In Good Standing Licensed: 26 Years

CONTACT

55 Southbound Gratiot Ave, Mount Clemens, MI 48043

Michael Kitchen

Intellectual Property, Divorce & Family Law, Criminal, Collection

Status: In Good Standing Licensed: 16 Years

CONTACT

59 N Walnut St, Mount Clemens, MI 48043

Richard G. Roosen

Consumer Rights, Consumer Bankruptcy

Status: In Good Standing Licensed: 41 Years

CONTACT

Mount Clemens, MI 48046

Brian J. Schaf

Foreclosure, Family Law, Criminal, Bankruptcy

Status: In Good Standing Licensed: 19 Years

CONTACT

2 Crocker Blvd, Mount Clemens, MI 48043

James S. Lawrence

Criminal, Constitutional Law, Civil Rights, Collection

Status: In Good Standing Licensed: 43 Years

CONTACT

235 S Gratiot Ave, Mount Clemens, MI 48043

Larry A. Macdonald

Criminal, Collection

Status: In Good Standing Licensed: 43 Years

CONTACT

32 Market St, Mount Clemens, MI 48043

Philip A. Gillis

Federal Appellate Practice, Criminal, Consumer Bankruptcy

Status: In Good Standing Licensed: 75 Years

CONTACT

34442 Jefferson Ave, Harrison Township, MI 48045

800-923-0641

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LEGAL TERMS

TRADE NAME

The official name of a business, the one it uses on its letterhead and bank account when not dealing with consumers.

TOXIC TORT

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and su... (more...)

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and suffering.

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.

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.

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.

NONDISCHARGEABLE DEBTS

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chap... (more...)

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chapter 13 bankruptcy, the nondischargeable debts will have to be paid in full during your plan or you will have a balance at the end of your case. Examples of nondischargeable debts include alimony and child support, most income tax debts, many student loans and debts for personal injury or death caused by drunk driving. Compare dischargeable debts.

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.

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.

GRACE PERIOD

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you h... (more...)

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you have to pay interest on the amount of your purchases. Cash advances, however, usually have no grace period; interest begins to accumulate from the date of the withdrawal, even if you pay your bills on time. Also, some student loans give you a grace period after graduating or dropping out of school. During this time, you are not required to make payments on your loan.

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Harrison Township Bankruptcy & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Shawn J. Coppins

Steve Sowell

Lynn M. Olivier

Elizabeth A. Ferguson

Michael Kitchen

Richard G. Roosen

Brian J. Schaf

James S. Lawrence

Larry A. Macdonald

Philip A. Gillis

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LEGAL TERMS

TRADE NAME

TOXIC TORT

CHAPTER 13 PLAN

MEANS TEST

WORKOUT

NONDISCHARGEABLE DEBTS

LIMITED LIABILITY

SECURED DEBT

GRACE PERIOD

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