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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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Michael J. Willis

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Bankruptcy & Debt, Wills & Probate, Contract, Elder Law, Estate Planning

Dedicated to Excellence in Client Service

Michael Willis founded this firm with his brother, Shaun Patrick Willis. Their father, Hon. Frank D. Willis, is the probate judge for Van Buren Count... (more)

FREE CONSULTATION

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800-909-2450

491 W South St, Kalamazoo, MI 49007

Jeffrey J Dufon

Traffic, Bankruptcy, White Collar Crime, DUI-DWI

Status: In Good Standing

FREE CONSULTATION

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480 West Lovell Street, Kalamazoo, MI 49007

Susan A. Sandmeyer

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

Status: In Good Standing Licensed: 38 Years

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3520 East Shore Dr, Portage, MI 49002

Charles R. Bear

Real Estate, Estate, Bankruptcy & Debt, Medical Malpractice

Status: In Good Standing Licensed: 42 Years

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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

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Roger J. Bus

Foreclosure, Lawsuit & Dispute, Wills & Probate, Insurance, Bankruptcy & Debt

Status: In Good Standing Licensed: 45 Years

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903 E Cork St, Kalamazoo, MI 49001

John D. Bradshaw

Election & Political, Business, Collection, Consumer Bankruptcy

Status: In Good Standing Licensed: 39 Years

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107 W Michigan Ave, Kalamazoo, MI 49005

Allison Greenlee Korr

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

Status: In Good Standing Licensed: 15 Years

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902 S Westnedge Ave, Kalamazoo, MI 49008

Rachel Renee Suhrbier

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

Status: In Good Standing Licensed: 11 Years

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Tyrone G. Fleeman

Landlord-Tenant, Consumer Rights, Collection, Consumer Bankruptcy

Status: In Good Standing Licensed: 30 Years

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LEGAL TERMS

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemp... (more...)

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemptible because it has been damaged or destroyed.

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.

FRATERNAL BENEFIT SOCIETY BENEFITS

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal socie... (more...)

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal societies that provide benefits. Also called benefit society, benevolent society or mutual aid association benefits. Under bankruptcy laws, these benefits are virtually always considered exempt property.

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.

REDEMPTION

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump s... (more...)

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump sum. For example, a debtor may redeem a car note by paying the lender the amount a retail vendor would charge for the car, considering its age and condition.

SECRET WARRANTY PROGRAM

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid... (more...)

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid a recall and the accompanying bad press. Secret warranties are rarely advertised by the manufacturer, so consumers must pursue the manufacturer to discover and take advantage of them. A few states require manufacturers to notify car buyers when they adopt secret warranty programs.

ACCORD AND SATISFACTION

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collectin... (more...)

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collecting as much money as they can from debtors who cannot pay the full amount.

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.

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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Scotts Credit & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Michael J. Willis

Jeffrey J Dufon

Susan A. Sandmeyer

Charles R. Bear

Roxanne C. Seeber

Roger J. Bus

John D. Bradshaw

Allison Greenlee Korr

Rachel Renee Suhrbier

Tyrone G. Fleeman

TIPS

LEGAL TERMS

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

NO-FAULT INSURANCE

FRATERNAL BENEFIT SOCIETY BENEFITS

SETOFF

REDEMPTION

SECRET WARRANTY PROGRAM

ACCORD AND SATISFACTION

CHAPTER 7 BANKRUPTCY

GRACE PERIOD

SAMPLE LEGAL CASES

New Freedom Mtg. Corp. v. Globe Mtg. Corp.

Barth v. FIRST CONSUMER CREDIT, INC.

CHARTER ONE BANK NA v. JP Morgan Chase Bank, NA

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