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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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Edith A. Landman

Litigation, Government, Bankruptcy, Bankruptcy & Debt

Status: Licensed: 47 Years

CONTACT

2251 East Paris Ave Se, Grand Rapids, MI 49546

Raymond C. Schultz

Litigation, Consumer Rights, Business, Consumer Bankruptcy

Status: Licensed: 34 Years

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333 Bridge St Nw, Grand Rapids, MI 49504

S. Christopher Hunter

Social Security, Family Law, Elder Law, Bankruptcy

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125 Ottawa Avenue, Nw, Grand Rapids, MI 49503

Michael Anthony Spencer

Contract, Landlord-Tenant, Credit & Debt, Trusts

Status: Licensed: 12 Years

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-, Grand Rapids, MI 49503

Allison Marie Dykehouse Cole

Contract, Collection, Defamation & Slander, Workers' Compensation

Status: Licensed: 11 Years

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1331 Franklin St SE, Grand Rapids, MI 49506

Matthew David Kuipers

Construction, Trusts, Contract, Collection

Status: Licensed: 18 Years

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Grand Rapids, MI 49523

Kevin R. Floyd

Premises Liability, Civil Rights, Collection, Personal Injury

Status: Licensed: 35 Years

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2500 E Beltline Ave Se, Grand Rapids, MI 49546

Jeffrey Raymond Portko

Motor Vehicle, Wrongful Termination, Divorce & Family Law, Criminal, Bankruptcy & Debt

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1430 Michigan St Ne, Grand Rapids, MI 49503

Larry A. Ver Merris

International Tax, Trusts, Contract, Collection, Land Use & Zoning

Status: Licensed: 47 Years

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825 Parchment Dr Se, Grand Rapids, MI 49546

James Booth Burr

Real Estate, Estate Planning, Business, Consumer Bankruptcy

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1430 Robinson Rd Se, Grand Rapids, MI 49506

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LEGAL TERMS

MEETING OF CREDITORS

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a f... (more...)

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a few questions. In a Chapter 7, the meeting of creditors lasts a few minutes and rarely do any creditors show up. In a Chapter 13 bankruptcy, one or two creditors may attend, especially if they disagree with some provision of your repayment plan.

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily fu... (more...)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily funded by voluntary donations from the creditors that receive payments from debtors repaying their debts through that office. Despite this criticism, most CCCS counselors provide clients with thorough and neutral advice.

IRS EXPENSES

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income mu... (more...)

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income must use the IRS expenses to calculate their average net income in a Chapter 7 case, or their disposable income in a Chapter 13 case.

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.

TRUTH IN LENDING ACT (TILA)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disc... (more...)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disclose the terms of a loan, including the total amount of the loan, the annual interest rate and the number, amount and due dates of all payments necessary to repay the loan. The TILA requires additional disclosures and places many restrictions on mortgages.

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.

CCCS

See Consumer Credit Counseling Service.

NONDISCHARGEABLE DEBTS

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chap... (more...)

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chapter 13 bankruptcy, the nondischargeable debts will have to be paid in full during your plan or you will have a balance at the end of your case. Examples of nondischargeable debts include alimony and child support, most income tax debts, many student loans and debts for personal injury or death caused by drunk driving. Compare dischargeable debts.

FRAUDULENT TRANSFER

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee --... (more...)

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee -- for instance, when a debtor signs a car over to a relative to keep it out of the bankruptcy estate. Fraudulently transferred property can be recovered and sold by the trustee for the benefit of the creditors.

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Dorr Bankruptcy & Debt Lawyer, Michigan, page 6

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Edith A. Landman

Raymond C. Schultz

S. Christopher Hunter

Michael Anthony Spencer

Allison Marie Dykehouse Cole

Matthew David Kuipers

Kevin R. Floyd

Jeffrey Raymond Portko

Larry A. Ver Merris

James Booth Burr

TIPS

LEGAL TERMS

MEETING OF CREDITORS

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

IRS EXPENSES

ADMINISTRATIVE EXPENSES

TRUTH IN LENDING ACT (TILA)

FRATERNAL BENEFIT SOCIETY BENEFITS

CCCS

NONDISCHARGEABLE DEBTS

FRAUDULENT TRANSFER

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