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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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Steven M. Hyder

Contract, Credit & Debt, Family Law, Construction, Child Custody

Status: In Good Standing Licensed: 19 Years

CONTACT

14930 Laplaisance Rd, Monroe, MI 48161

Rebecca A Hernandez

Bankruptcy, Consumer Bankruptcy, Criminal

Status: In Good Standing Licensed: 13 Years

CONTACT

918 Osgood St, Monroe, MI 48161

Patrick T. Clement

Consumer Rights, Consumer Bankruptcy

Status: In Good Standing Licensed: 25 Years

CONTACT

898 S Telegraph Rd, Monroe, MI 48161

Bryan Yaldou

Bankruptcy & Debt, Estate, Accident & Injury

Status: In Good Standing Licensed: 18 Years

CONTACT

23000 Telegraph Rd, Flat Rock, MI 48134

Eugene Ferguson

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

Status: In Good Standing Licensed: 42 Years

CONTACT

3253 West Rd, Trenton, MI 48183

Michael R. Yales

Health Care, Family Law, Consumer Rights, Consumer Bankruptcy

Status: In Good Standing Licensed: 38 Years

CONTACT

Monroe, MI 48161

James K. Kersten

Criminal, Consumer Rights, Consumer Bankruptcy

Status: In Good Standing Licensed: 44 Years

CONTACT

9580 Hawthorne Glen Dr, Grosse Ile, MI 48138

Stephen J. Smith

Workers' Compensation, Contract, Collection, Wrongful Death

Status: In Good Standing Licensed: 51 Years

CONTACT

8841 Macomb St, Grosse Ile, MI 48138

Scott P. Mussin

Civil Rights, Contract, Collection, Wrongful Death

Status: In Good Standing Licensed: 20 Years

CONTACT

13351 Reeck Ct, Southgate, MI 48195

Aaron Daniel Cox

Commercial Real Estate, Landlord-Tenant, Family Law, Collection

Status: In Good Standing Licensed: 19 Years

CONTACT

23820 Eureka Rd, Taylor, MI 48180

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.

LIEN

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortg... (more...)

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortgages, home equity loans, car loans and personal loans for which you pledge property to guarantee repayment. Liens created without your consent are called nonconsensual liens, and include judgment liens (liens filed by a creditor who has sued you and obtained a judgment), tax liens and mechanics liens (liens filed by a contractor who worked on your house but wasn't paid).

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.

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.

DOING BUSINESS AS (DBA)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or ... (more...)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or similar document with the appropriate agency -- for example, the county clerk. This enables consumers to discover the names of the business owners, which is important if a consumer needs to sue the business.

NUISANCE FEES

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fe... (more...)

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fees, inactivity fees and fees for not carrying a balance from month to month. It's best to shop around and get rid of cards that have these fees attached.

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.

LIQUIDATING PARTNER

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

DEBT COLLECTOR

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe... (more...)

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe. Debt collectors can be relentless, often using scare tactics, humiliation and repeated phone calls to extract payments or promises to pay.

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Newport Bankruptcy & Debt Lawyer, Michigan

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Marrs & Terry, PLLC

SPONSORED LAWYERS

Steven M. Hyder

Rebecca A Hernandez

Patrick T. Clement

Bryan Yaldou

Eugene Ferguson

Michael R. Yales

James K. Kersten

Stephen J. Smith

Scott P. Mussin

Aaron Daniel Cox

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LEGAL TERMS

DISPOSABLE INCOME

LIEN

GRACE PERIOD

ADMINISTRATIVE EXPENSES

DOING BUSINESS AS (DBA)

NUISANCE FEES

WORKOUT

LIQUIDATING PARTNER

DEBT COLLECTOR

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