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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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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

Gary L. Sackett

Tax, Transportation & Shipping, Elder Law, Bankruptcy

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CONTACT

8556 N. Canton Center Road, Canton, MI 48188

Thomas Paluchniak

Collection, Consumer Bankruptcy, Commercial Bankruptcy, Bankruptcy

Status:

CONTACT

712 Stanley St, Ypsilanti, MI 48198

Darin Kurt Weinberg

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

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FREE CONSULTATION

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38110 N. Executive Drive, Westland, MI 48185

Robert Keyes

Bankruptcy & Debt, Credit & Debt, Bankruptcy, Criminal, Traffic

Status: Licensed: 19 Years

FREE CONSULTATION

CONTACT

300 N Huron St, Ypsilanti, MI 48197

J. Gregory Frye

Social Security -- Disability, Mental Health, Government Agencies, Bankruptcy

Status: Licensed: 26 Years

CONTACT

700 Towner St, Ypsilanti, MI 48198

William C. Babut

Lawsuit & Dispute, Social Security -- Disability, Social Security, Bankruptcy, Tax

Status: Licensed: 37 Years

CONTACT

700 Towner St, Ypsilanti, MI 48198

Gregory L. Dodd

Divorce & Family Law, White Collar Crime, Collection, Bankruptcy

Status: Licensed: 35 Years

CONTACT

300 N Huron St, Ypsilanti, MI 48197

Laura Redmond Mack

Criminal, Consumer Rights, Consumer Bankruptcy

Status: Licensed: 27 Years

CONTACT

Wayne, MI 48184

Sandra A. Ference Cicirelli

Family Law, Consumer Bankruptcy, Criminal

Status: Licensed: 40 Years

CONTACT

36675 Ford Rd, Westland, MI 48185

Jonathan G. Weber

Real Estate, Consumer Rights, Consumer Bankruptcy

Status: Licensed: 38 Years

CONTACT

606 E Cross St, Ypsilanti, MI 48198

800-814-6700

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LEGAL TERMS

LIMITED PARTNERSHIP

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner ... (more...)

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner or partners (called general partners) have unlimited personal liability. The key difference between a general and limited partner concerns management decision making--general partners run the business, and limited partners, who are usually passive investors, are not allowed to make day-to-day business decisions. If they do, they risk being treated as general partners with unlimited personal liability.

SUBROGATION

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off i... (more...)

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off its injured claimant takes the legal rights the claimant has against a third party that caused the injury, and sues that third party.

401(K) PLAN

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income ... (more...)

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income taxes on the amount invested and any earnings are due until the employee withdraws money from the fund.

NONEXEMPT PROPERTY

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typicall... (more...)

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typically includes valuable clothing (furs) and electronic equipment, an expensive car that's been paid off and most of the equity in your house. Compare exempt property.

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.

UNSECURED DEBT

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only reme... (more...)

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only remedy is to sue you and get a judgment. Compare secured debt.

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.

SECURED DEBT

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collater... (more...)

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collateral, to satisfy the debt if you default. Compare unsecured debt.

CREDIT BUREAU

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit... (more...)

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit card companies that use the information to screen applicants for loans and credit cards. There are three major credit bureaus, Equifax, Experian and Trans Union, and they are regulated by the federal Fair Credit Reporting Act.

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Belleville Bankruptcy Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Gary L. Sackett

Thomas Paluchniak

Darin Kurt Weinberg

Robert Keyes

J. Gregory Frye

William C. Babut

Gregory L. Dodd

Laura Redmond Mack

Sandra A. Ference Cicirelli

Jonathan G. Weber

TIPS

LEGAL TERMS

LIMITED PARTNERSHIP

SUBROGATION

401(K) PLAN

NONEXEMPT PROPERTY

NO-FAULT INSURANCE

UNSECURED DEBT

CURRENT MONTHLY INCOME

SECURED DEBT

CREDIT BUREAU

SAMPLE LEGAL CASES

RDM Holdings, Ltd. v. Continental Plastics Co.

Gulf Underwriters Ins. Co. v. McCLAIN INDUSTRIES, INC.

MICHIGAN COMMERCE BANK v. PALMS INVESTMENTS, LLC

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PRACTICE AREAS 30

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