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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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Renee L. Hickey-Niezgoda

Government, Divorce & Family Law, Bankruptcy & Debt

Status: Licensed: 44 Years

CONTACT

1302 S Mission Rd, Mount Pleasant, MI 48858

Jonathan D. Hagy

Estate Planning, Native People, Administrative Law, Collection

Status:

CONTACT

2885 Health Pkwy, Mount Pleasant, MI 48858

Bruce K. Havens

Lawsuit & Dispute, Bankruptcy & Debt

Status: Licensed: 39 Years

CONTACT

306 N Fancher Ave, Mount Pleasant, MI 48858

David Ryan Barberi

Power of Attorney, Child Custody, Criminal, Bankruptcy

Status:

CONTACT

200 N Main St, Mount Pleasant, MI 48858

Jennifer Lauria

Collection, Dispute Resolution, Criminal

Status: Licensed: 3 Years

CONTACT

200 N Main St, Mount Pleasant, MI 48858

Thomas H. Anthony

Lawsuit & Dispute, Estate Planning, Estate, Family Law, Bankruptcy

Status: Licensed: 50 Years

CONTACT

210 Court St, Mount Pleasant, MI 48858

Lesley A Hoenig

Landlord-Tenant, Estate, Bankruptcy, Bankruptcy & Debt

Status: Licensed: 17 Years

CONTACT

407 E Broadway Street, Mount Pleasant, MI 48858

David J. Gilbert

Criminal, Elder Law, Contract, Collection, Personal Injury

Status: Licensed: 26 Years

CONTACT

306 E Broadway St, Mount Pleasant, MI 48858

Lesley Abigail Hoenig

Foreclosure, Agriculture, Estate Planning, Credit & Debt

Status: Licensed: 23 Years

CONTACT

108 S University Ave, Mount Pleasant, MI 48858

Paula M. Fisher

Estate Planning, Family Law, Criminal, Native People, Bankruptcy

Status: Licensed: 25 Years

CONTACT

201 S University Ave, Mount Pleasant, MI 48858

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LEGAL TERMS

DISCHARGEABLE DEBTS

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bill... (more...)

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bills and medical bills. Compare nondischargeable 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.

GUARANTOR

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. T... (more...)

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. The guarantor gives a 'guaranty,' which is an assurance that the debt or other obligation will be fulfilled.

GARNISHMENT

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if ... (more...)

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if she loses a lawsuit filed by the creditor. Up to 25% of a person's wages can be deducted.

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.

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.

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.

CREDIT REPORT

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you m... (more...)

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you make the payments on time, as well as personal history, such as your former addresses, employment record and lawsuits in which you have been involved. An estimated 50% of all credit reports contain errors, such as accounts that don't belong to you, an incorrect account status or information reported that is older than seven years (ten years in the case of a bankruptcy).

Rosebush Bankruptcy & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Renee L. Hickey-Niezgoda

Jonathan D. Hagy

Bruce K. Havens

David Ryan Barberi

Jennifer Lauria

Thomas H. Anthony

Lesley A Hoenig

David J. Gilbert

Lesley Abigail Hoenig

Paula M. Fisher

TIPS

LEGAL TERMS

DISCHARGEABLE DEBTS

FRAUDULENT TRANSFER

GUARANTOR

GARNISHMENT

PRESUMED ABUSE

ADMINISTRATIVE EXPENSES

INTEREST

CREDIT REPORT

CREDITOR

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