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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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Demetrio Timban

Immigration, Bankruptcy & Debt, Health Care, Elder Law

Status: Licensed: 33 Years

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32620 Concord Drive, Madison Heights, MI 48071

Aaron Sheinfield

Bankruptcy & Debt, Bankruptcy, Collection, Credit & Debt

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4000 Town Center, Southfield, MI 48075

Corene C. Ford

Workers' Compensation, Discrimination, Contract, Collection, Wrongful Death

Status: Licensed: 22 Years

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15815 W 12 Mile Rd, Southfield, MI 48076

Victoria L. Targosz

Landlord-Tenant, Litigation, Contract, Credit & Debt

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15920 W 12 Mile Rd, Southfield, MI 48076

Scott Donovan Skinner

Landlord-Tenant, Estate Planning, Business, Credit & Debt

Status: Licensed: 12 Years

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26711 Woodward Ave, Huntington Woods, MI 48070

Lori J. Frank

Social Security, Business, Credit & Debt, Consumer Bankruptcy

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16155 W 12 Mile Rd, Southfield, MI 48076

Daniel J. Cherrin

Class Action, Communication & Media Law, Administrative Law, Bankruptcy

Status: Licensed: 27 Years

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200 W 2Nd St, Royal Oak, MI 48068

Robin Beth Wagner

Labor Law, Discrimination, Non-profit, Collection

Status: Licensed: 11 Years

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117 W 4Th St, Royal Oak, MI 48067

Christopher Eugene Frank

Credit & Debt, Bankruptcy, Bankruptcy & Debt

Status: Licensed: 23 Years

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Royal Oak, MI 48068

Randy Lee Calvin

Car Accident, Consumer Bankruptcy, Social Security -- Disability, Car Accident, Consumer Bankruptcy

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4000 Town Ctr, Southfield, MI 48075

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LEGAL TERMS

COLLATERAL

Property that guarantees payment of a secured debt.

ABUSE

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because ... (more...)

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because the debtor appears to have enough disposable income to fund a Chapter 13 repayment plan.

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.

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.

FCBA

See Fair Credit Billing Act.

COSIGNER

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for t... (more...)

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for the loan or debt. Many people use cosigners to qualify for a loan or credit card. Landlords may require a cosigner when renting to a student or someone with a poor credit history.

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.

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.

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.

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Berkley Bankruptcy & Debt Lawyer, Michigan, page 3

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Demetrio Timban

Aaron Sheinfield

Corene C. Ford

Victoria L. Targosz

Scott Donovan Skinner

Lori J. Frank

Daniel J. Cherrin

Robin Beth Wagner

Christopher Eugene Frank

Randy Lee Calvin

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LEGAL TERMS

COLLATERAL

ABUSE

DISPOSABLE INCOME

UNSECURED DEBT

FCBA

COSIGNER

DOING BUSINESS AS (DBA)

BANKRUPTCY

CHAPTER 7 BANKRUPTCY

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