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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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Adam Troy Vernon

Landlord-Tenant, Trusts, Credit & Debt, Juvenile Law

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2373 S I 75 Business Loop, Grayling, MI 49738

Bernard J. Caspar

Criminal, Bankruptcy, Divorce, Social Security -- Disability

Status: Licensed: 48 Years

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1852 S Otsego Ave, Gaylord, MI 49734

George J. Mertz

Criminal, Collection, Litigation

Status: Licensed: 23 Years

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225 W Main St, Gaylord, MI 49735

Troy B. Daniel

Trusts, Divorce, Contract, Credit & Debt

Status: Licensed: 29 Years

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319 Lake St, Roscommon, MI 48653

Wanda S. Losher

Collection, Divorce & Family Law, Estate, Criminal

Status: Licensed: 11 Years

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East Jordan, MI 49727

Stephen Terrance Priestap

Estate Planning, Employee Rights, Elder Law, Consumer Bankruptcy

Status: Licensed: 18 Years

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703 N. Morenci Avenue, Mio, MI 48647

Peter J. Lyons

Criminal, Collection, Freedom of Religion

Status: Licensed: 50 Years

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812 Douglas St, Boyne City, MI 49712

Jonathan R. Moothart

Litigation, Federal Appellate Practice, Contract, Consumer Bankruptcy, Personal Injury

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9815 Miami Beach Rd, Williamsburg, MI 49690

Joel D. Wurster

Construction, Trusts, Contract, Collection

Status: Licensed: 32 Years

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214 1/2 Park Ave, Petoskey, MI 49770

Robert William Mendham

Accident & Injury, Bankruptcy & Debt, Criminal, Divorce & Family Law, Landlord-Tenant

Status: Licensed: 24 Years

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406 Petoskey Street, Petoskey, MI 49770

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LEGAL TERMS

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.

MEANS TEST

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income ... (more...)

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income for his or her state should be allowed to file for Chapter 7 bankruptcy.

CREDITOR

A person or entity (such as a bank) to whom a debt is owed.

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.

AUTOMATIC STAY

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities,... (more...)

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities, such as filing or continuing lawsuits, making written requests for payment, or notifying credit reporting bureaus of an unpaid debt.

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.

LIEN

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortg... (more...)

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortgages, home equity loans, car loans and personal loans for which you pledge property to guarantee repayment. Liens created without your consent are called nonconsensual liens, and include judgment liens (liens filed by a creditor who has sued you and obtained a judgment), tax liens and mechanics liens (liens filed by a contractor who worked on your house but wasn't paid).

DEBIT CARD

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can ... (more...)

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can also be used at stores to pay for goods and services in place of a check. Unlike a credit card, a debit card automatically withdraws money from your checking account at the time of the transaction. Debit cards are regulated by the Electronic Funds Transfer Act.

INFRINGEMENT (OF TRADEMARK)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringeme... (more...)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringement turns on whether the defendant's use causes a likelihood of confusion in the average consumer. If a court determines that the average consumer would be confused, the owner of the original mark can prevent the other's use of the infringing mark and sometimes collect damages.

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Frederic Bankruptcy & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Adam Troy Vernon

Bernard J. Caspar

George J. Mertz

Troy B. Daniel

Wanda S. Losher

Stephen Terrance Priestap

Peter J. Lyons

Jonathan R. Moothart

Joel D. Wurster

Robert William Mendham

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LEGAL TERMS

DISPOSABLE INCOME

MEANS TEST

CREDITOR

FRAUDULENT TRANSFER

AUTOMATIC STAY

NONEXEMPT PROPERTY

LIEN

DEBIT CARD

INFRINGEMENT (OF TRADEMARK)

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