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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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Anne M. Perillo

Divorce & Family Law, Bankruptcy & Debt

Status: In Good Standing Licensed: 42 Years

CONTACT

120 W. Harris Street, Cadillac, MI 49601

Anthony Charles Norman

Landlord-Tenant, Litigation, Contract, Credit & Debt

Status: In Good Standing

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120 Cedar St, Big Rapids, MI 49307

Becky J. Bolles

Wills & Probate, Estate, Divorce & Family Law, Corporate, Collection

Status: In Good Standing Licensed: 27 Years

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300 S University Ave, Mount Pleasant, MI 48858

Bruce K. Havens

Lawsuit & Dispute, Bankruptcy & Debt

Status: In Good Standing Licensed: 39 Years

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306 N Fancher Ave, Mount Pleasant, MI 48858

Corey J. Wiggins

Landlord-Tenant, Family Law, Business, Collection

Status: In Good Standing

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437 E Division St, Cadillac, MI 49601

David T. McAndrew

Wills & Probate, Trusts, Estate Planning, Bankruptcy

Status: In Good Standing

FREE CONSULTATION

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651 Richard Drive, Harrison, MI 48625

David Den Houten

General Practice

Status: In Good Standing Licensed: 25 Years

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129 S Main St, Lake City, MI 49651

David Ryan Barberi

Power of Attorney, Child Custody, Criminal, Bankruptcy

Status: In Good Standing

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200 N Main St, Mount Pleasant, MI 48858

David T. Mcandrew

Estate Planning, Divorce, Elder Law, Bankruptcy

Status: In Good Standing

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651 Richard Dr, Harrison, MI 48625

David S. Mccurdy

Real Estate, Estate Planning, Business, Bankruptcy

Status: In Good Standing Licensed: 50 Years

CONTACT

120 W Harris St, Cadillac, MI 49601

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LEGAL TERMS

MEETING OF CREDITORS

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a f... (more...)

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a few questions. In a Chapter 7, the meeting of creditors lasts a few minutes and rarely do any creditors show up. In a Chapter 13 bankruptcy, one or two creditors may attend, especially if they disagree with some provision of your repayment plan.

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.

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.

LIQUIDATING PARTNER

The member of an insolvent or dissolving partnership responsible for paying the debts and settling the accounts of the partnership.

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.

CREDIT FILE

See credit report.

CHAPTER 7 BANKRUPTCY

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 b... (more...)

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 bankruptcy takes from three to six months, costs about $200, and commonly requires only one trip to the courthouse.

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.

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.

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Hersey Bankruptcy & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Anne M. Perillo

Anthony Charles Norman

Becky J. Bolles

Bruce K. Havens

Corey J. Wiggins

David T. McAndrew

David Den Houten

David Ryan Barberi

David T. Mcandrew

David S. Mccurdy

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LEGAL TERMS

MEETING OF CREDITORS

FRAUDULENT TRANSFER

CURRENT MONTHLY INCOME

LIQUIDATING PARTNER

NONDISCHARGEABLE DEBTS

CREDIT FILE

CHAPTER 7 BANKRUPTCY

IRS EXPENSES

DEFINED CONTRIBUTION PLAN

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