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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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Darin Kurt Weinberg

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

Status: In Good Standing

FREE CONSULTATION

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38110 N. Executive Drive, Westland, MI 48185

Gary L. Sackett

Tax, Transportation & Shipping, Elder Law, Bankruptcy

Status: In Good Standing

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8556 N. Canton Center Road, Canton, MI 48188

Aaron Daniel Cox

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

Status: In Good Standing Licensed: 18 Years

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23820 Eureka Rd, Taylor, MI 48180

Bryan Yaldou

Bankruptcy & Debt, Estate, Accident & Injury

Status: In Good Standing Licensed: 17 Years

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23000 Telegraph Rd, Flat Rock, MI 48134

Jane Frances Rusin

Estate Planning, Estate, Consumer Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

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19306 Ecorse Rd, Allen Park, MI 48101

David M. Parrott

Landlord-Tenant, Traffic, Civil Rights, Credit & Debt

Status: In Good Standing Licensed: 39 Years

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42156 N. Cumberland Drive, Belleville, MI 48111

Robert P. Coutts

Family Law, Criminal, Credit & Debt, Bankruptcy

Status: In Good Standing Licensed: 35 Years

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7445 Allen Rd, Allen Park, MI 48101

Eugene Ferguson

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

Status: In Good Standing Licensed: 41 Years

CONTACT

3253 West Rd, Trenton, MI 48183

Brent M. Lamkin

Family Law, Divorce & Family Law, Consumer Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

22374 Garrison St, Dearborn, MI 48124

Lora Ann Mcparland-savoie

Family Law, Divorce, Criminal, Collection

Status: In Good Standing Licensed: 9 Years

CONTACT

21917 Garrison St, Dearborn, MI 48124

800-923-0641

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LEGAL TERMS

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.

CREDIT INSURANCE

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay o... (more...)

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay off the remaining balance. Federal and state consumer protection laws require the lender to disclose to existing and potential borrowers the terms and costs of obtaining credit insurance because it can affect the terms of the loan.

UNDUE HARDSHIP

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in t... (more...)

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in the future to pay off the loan may be able to show that repayment would be an undue hardship.

GENERAL PARTNER

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the... (more...)

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the business's debts and obligations. A general partner's actions can legally bind the entire business. See also partnership, limited partnership.

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.

GARNISHMENT

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if ... (more...)

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if she loses a lawsuit filed by the creditor. Up to 25% of a person's wages can be deducted.

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.

BANKRUPTCY

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are ... (more...)

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are two types of bankruptcies -- liquidation, in which your debts are wiped out (discharged) and reorganization, in which you provide the court with a plan for how you intend to repay your debts. For both consumers and business, liquidation bankruptcy is called Chapter 7. For consumers, reorganization bankruptcy is called Chapter 13. Reorganization bankruptcy for consumers with an extraordinary amount of debt and for businesses is called Chapter 11. Reorganization bankruptcy for family farmers is called Chapter 12.

SETOFF

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a countercl... (more...)

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a counterclaim filed by a defendant in a lawsuit. Banks may try to exercise a setoff by taking money out of a deposit account to satisfy past due payments on a loan or credit card bill. Such an act is illegal under most circumstances.

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Romulus Bankruptcy & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Darin Kurt Weinberg

Gary L. Sackett

Aaron Daniel Cox

Bryan Yaldou

Jane Frances Rusin

David M. Parrott

Robert P. Coutts

Eugene Ferguson

Brent M. Lamkin

Lora Ann Mcparland-savoie

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LEGAL TERMS

NUISANCE FEES

CREDIT INSURANCE

UNDUE HARDSHIP

GENERAL PARTNER

DISPOSABLE INCOME

GARNISHMENT

CHAPTER 13 BANKRUPTCY

BANKRUPTCY

SETOFF

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