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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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Joseph A. Lucas

Business, Lawsuit & Dispute, Real Estate, Bankruptcy & Debt, Estate

Status: Licensed: 26 Years

FREE CONSULTATION

CONTACT

2255 Aaronsway Dr NE, Belmont, MI 49306

Michael Lee Deyoung

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

Status: Licensed: 19 Years

CONTACT

690 Ridgefield Ct, Coopersville, MI 49404

Beth Ann Riffe

Agriculture, Labor Law, Administrative Law, Consumer Bankruptcy

Status: Licensed: 13 Years

CONTACT

886 East Street, Coopersville, MI 49404

Barry C. Lemmen

Social Security, Government, Family Law, Consumer Bankruptcy

Status: Licensed: 22 Years

CONTACT

274 Main St, Coopersville, MI 49404

Mark C. Miller

Employee Rights, Contract, Credit & Debt, Personal Injury

Status: Licensed: 19 Years

CONTACT

20 E Main St, Fremont, MI 49412

Robert A. Stariha

Other, Estate Planning, Consumer Bankruptcy, Medical Malpractice

Status: Licensed: 46 Years

CONTACT

48 W Main St, Fremont, MI 49412

Lindsey Ann Barkow

Estate, Divorce & Family Law, Business, Bankruptcy & Debt

Status: Licensed: 10 Years

CONTACT

8 E Main St, Fremont, MI 49412

Manish Joshi

Status: Licensed: 16 Years

CONTACT

Fruitport, MI 49415

Roger G. Cotner

Litigation, International Tax, Estate Planning, Elder Law, Credit & Debt

Status:

CONTACT

575 Robbins Road, Grand Haven, MI 49417

Mark Alan Powers

Litigation, Trusts, Merger & Acquisition, Credit & Debt

Status: Licensed: 29 Years

CONTACT

Grand Haven, MI 49417

800-814-6700

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LEGAL TERMS

TRADE NAME

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

INTEREST

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to ... (more...)

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to your balance. This means that if your loan or credit line has an interest rate of 8%, the holder adds 8% to the balance each year. More specifically, interest is calculated and added to your loan or credit line through a process called compounding. If interest is compounded daily, the balance will rise by 1/365th of 8% each day. If interest is compounded monthly, the balance will rise 1/12th of 8% at the start of each month.

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.

PRESUMED ABUSE

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means te... (more...)

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means test, the court will presume that the debtor has sufficient income to fund a Chapter 13 plan. In this situation, the debtor will not be allowed to proceed with a Chapter 7 bankruptcy unless the debtor can prove that he or she is not abusing the Chapter 7 bankruptcy remedy.

REPOSSESSION

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and ... (more...)

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and has not attempted to work with the lender to resolve the problem. A repossessor can't use force to get at your car, but he can legally hot-wire it and even drive it out of your unlocked garage.

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.

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.

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.

HOUSEHOLDER

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a ho... (more...)

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a homestead exemption and possibly other exemptions relating to the maintenance of the household.

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Ravenna Bankruptcy & Debt Lawyer, Michigan, page 2

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Joseph A. Lucas

Michael Lee Deyoung

Beth Ann Riffe

Barry C. Lemmen

Mark C. Miller

Robert A. Stariha

Lindsey Ann Barkow

Manish Joshi

Roger G. Cotner

Mark Alan Powers

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LEGAL TERMS

TRADE NAME

INTEREST

ABUSE

PRESUMED ABUSE

REPOSSESSION

BANKRUPTCY

INFRINGEMENT (OF TRADEMARK)

DEBIT CARD

HOUSEHOLDER

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