Farmington Bankruptcy & Debt Lawyer, Michigan, page 4

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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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Matthew W. Frank

Construction, Real Estate, Criminal, Consumer Bankruptcy

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CONTACT

30833 Northwestern Hwy, Farmington, MI 48334

Dirk A. Beamer

Litigation, Electronic Commerce, Employee Rights, Commercial Bankruptcy

Status: Licensed: 32 Years

CONTACT

31500 Northwestern Hwy, Farmington, MI 48334

Kathryn R. Spray

Entertainment, Employee Rights, Contract, Collection

Status: Licensed: 31 Years

CONTACT

31500 Northwestern Hwy, Farmington, MI 48334

Renee Cooper

Sales & Use Tax, Foreclosure, Litigation, Collection

Status: Licensed: 16 Years

CONTACT

28470 W 13 Mile Rd, Farmington, MI 48334

Evan Macrae Alexander

Landlord-Tenant, Real Estate, Reinsurance, Collection

Status: Licensed: 11 Years

CONTACT

30140 Orchard Lake Rd, Farmington, MI 48334

Alex J. Miller

Estate Planning, Employee Rights, Contract, Credit & Debt

Status: Licensed: 54 Years

CONTACT

7125 Orchard Lake Rd, West Bloomfield, MI 48322

Jeffrey Scott Grasl

Commercial Real Estate, Contract, Banking & Finance, Credit & Debt

Status: Licensed: 24 Years

CONTACT

31800 Northwestern Hwy, Farmington, MI 48334

Michelle M. Stephenson

Foreclosure, Family Law, Insurance, Bankruptcy

Status: Licensed: 31 Years

CONTACT

26100 American Dr, Southfield, MI 48034

Leslie J. Stein

Real Estate, Trusts, Contract, Credit & Debt

Status: Licensed: 45 Years

CONTACT

6904 Tamerlane Dr, West Bloomfield, MI 48322

Paul Robert Hage

Business, Bankruptcy

Status: Licensed: 19 Years

CONTACT

27777 Franklin Rd, Southfield, MI 48034

800-814-6700

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LEGAL TERMS

DISCHARGE (OF DEBTS)

A bankruptcy court's erasure of the debts of a person or business that has filed for bankruptcy.

GUARANTEED RESERVATION

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehic... (more...)

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehicle for you no matter when you show up. If you have a guaranteed reservation with a hotel, it must provide you with a room, either at that hotel or at another comparable establishment. If you have a guaranteed reservation with a car agency, it must provide you with a vehicle. The downside of a guaranteed reservation is that if you don't show up and haven't cancelled your reservation, you will be billed for one night in the room or one day's use of the vehicle.

TRADE NAME

The official name of a business, the one it uses on its letterhead and bank account when not dealing with consumers.

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.

CHAPTER 13 PLAN

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to ... (more...)

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to pay all mandatory debts -- for example, back child support, taxes, and mortgage arrearages -- as well as some or all unsecured, nonpriority debts, such as medical and credit card bills.

FDCPA

See Fair Debt Collections & Practices Act.

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.

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.

CREDIT COUNSELING

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Unde... (more...)

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Under the new bankruptcy law, a debtor must undergo credit counseling with an approved provider before filing for bankruptcy.

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Farmington Bankruptcy & Debt Lawyer, Michigan, page 4

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Matthew W. Frank

Dirk A. Beamer

Kathryn R. Spray

Renee Cooper

Evan Macrae Alexander

Alex J. Miller

Jeffrey Scott Grasl

Michelle M. Stephenson

Leslie J. Stein

Paul Robert Hage

TIPS

LEGAL TERMS

DISCHARGE (OF DEBTS)

GUARANTEED RESERVATION

TRADE NAME

ADMINISTRATIVE EXPENSES

CHAPTER 13 PLAN

FDCPA

CURRENT MONTHLY INCOME

UNSECURED DEBT

CREDIT COUNSELING

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