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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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James David-Nguyen Lance

Trusts, Elder Law, Contract, Collection

Status: In Good Standing Licensed: 20 Years

CONTACT

1 Michigan Ave W, Battle Creek, MI 49017

Michael Kevin Falahee

Divorce, Contract, Collection, Personal Injury

Status: In Good Standing Licensed: 19 Years

CONTACT

1000 Laurence Ave, Jackson, MI 49202

Thomas Patrick Riley

Other, Industry Specialties, Consumer Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

500 W Michigan Ave, Jackson, MI 49201

Peter W. Cravens

Criminal, Collection

Status: In Good Standing Licensed: 33 Years

CONTACT

110 Lake Shore Dr, Brooklyn, MI 49230

Lineas L Baze

Bankruptcy

Status: In Good Standing Licensed: 41 Years

CONTACT

335 W Cortland Ave, Jackson, MI 49201

Anne Walker White

Biotechnology, Labor Law, Business, Consumer Bankruptcy

Status: In Good Standing Licensed: 40 Years

CONTACT

1 Comtronics Pl, Jackson, MI 49203

Darryl R. Mazur

Consumer Bankruptcy, Criminal

Status: In Good Standing Licensed: 51 Years

CONTACT

4203 Aspen Way, Jackson, MI 49201

Susan A. Sandmeyer

Family Law, Divorce & Family Law, Consumer Rights, Consumer Bankruptcy

Status: In Good Standing Licensed: 38 Years

CONTACT

3520 East Shore Dr, Portage, MI 49002

Charles R. Bear

Real Estate, Estate, Bankruptcy & Debt, Medical Malpractice

Status: In Good Standing Licensed: 42 Years

CONTACT

1662 East Centre Avenue, Portage, MI 49002

Roxanne C. Seeber

Real Estate, Municipal, Limited Liability Companies, Consumer Bankruptcy

Status: In Good Standing Licensed: 30 Years

CONTACT

470 W Centre Ave, Portage, MI 49024

800-923-0641

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LEGAL TERMS

DISPOSABLE INCOME

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Ch... (more...)

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Chapter 13 plan.

REPOSSESSION

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and ... (more...)

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and has not attempted to work with the lender to resolve the problem. A repossessor can't use force to get at your car, but he can legally hot-wire it and even drive it out of your unlocked garage.

CYBERSQUATTING

Buying a domain name that reflects the name of a business or famous person with the intent of selling the name back to the business or celebrity for a profit. T... (more...)

Buying a domain name that reflects the name of a business or famous person with the intent of selling the name back to the business or celebrity for a profit. The Anticybersquatting Consumer Protection Act of 1999 authorizes a cybersquatting victim to file a federal lawsuit to regain a domain name or sue for financial compensation. Under the act, registering, selling or using a domain name with the intent to profit from someone else's good name is considered cybersquatting. Victims of cybersquatting can also use the provisions of the Uniform Domain Name Dispute Resolution Policy adopted by ICANN, an international tribunal administering domain names. This international policy results in arbitration of the dispute, not litigation.

COLLATERAL

Property that guarantees payment of a secured debt.

BULK SALES LAW

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to ... (more...)

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to conduct a bulk sale of business assets -- that is, get rid of an unusually large amount of inventory, merchandise or equipment -- the business owner must typically publish a notice of the sale and give written notice to creditors. Then, the owner must set up an account to hold the funds from the sale for a brief period of time during which creditors may make claims against the money. The prohibition against bulk sales is spelled out in the Uniform Commercial Code -- and laws modeled on the UCC have been generally adopted throughout the country.

ADMINISTRATIVE EXPENSES

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Admi... (more...)

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Administrative costs are typically 10% of the debtor's total payments under the plan.

FCBA

See Fair Credit Billing Act.

CHAPTER 13 BANKRUPTCY

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your inc... (more...)

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your income to pay all or a portion of the debts over three to five years. The minimum amount you must pay is roughly equal to the value of your nonexempt property. In addition, you must pledge your disposable net income -- after subtracting reasonable expenses -- for the period during which you are making payments. At the end of the three-to five-year period, the balance of what you owe on most debts is erased.

NO-FAULT INSURANCE

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain ... (more...)

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain amount, regardless of who was at fault. The effect of no-fault insurance laws is to eliminate lawsuits in small accidents. The advantage is the prompt payment of medical bills and expenses. The downsides are that the amounts paid by no-fault policies are often not enough to fully cover a person's losses and that no-fault does not compensate for pain and suffering.

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Montgomery Bankruptcy & Debt Lawyer, Michigan, page 2

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

James David-Nguyen Lance

Michael Kevin Falahee

Thomas Patrick Riley

Peter W. Cravens

Lineas L Baze

Anne Walker White

Darryl R. Mazur

Susan A. Sandmeyer

Charles R. Bear

Roxanne C. Seeber

TIPS

LEGAL TERMS

DISPOSABLE INCOME

REPOSSESSION

CYBERSQUATTING

COLLATERAL

BULK SALES LAW

ADMINISTRATIVE EXPENSES

FCBA

CHAPTER 13 BANKRUPTCY

NO-FAULT INSURANCE

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