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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.
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C Mark Stoppels

Business Organization, Collection, Banking & Finance, Wills & Probate

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825 Parchment Drive S. E., Grand Rapids, MI 49546

Wesley P. Hackett

Estate Planning, Employee Rights, Business, Bankruptcy

Status: Licensed: 56 Years

CONTACT

37 Parsonage St, Saranac, MI 48881

Cheryl Lynne Chadwick

Estate Planning, Estate, Family Law, Consumer Bankruptcy

Status: Licensed: 28 Years

CONTACT

220 W Main St, Ionia, MI 48846

Lisa M. Feistritzer

Consumer Rights, Business, Consumer Bankruptcy

Status: Licensed: 24 Years

CONTACT

7546 Leyton Dr Se, Ada, MI 49301

Erik Holt

Bankruptcy, Personal Injury, DUI-DWI, Divorce

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203 S. Lafayette St., Greenville, MI 48838

Larry A. Ver Merris

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

Status: Licensed: 46 Years

CONTACT

825 Parchment Dr Se, Grand Rapids, MI 49546

Barbara Muller-Wilson

Real Estate, Consumer Rights, Children's Rights, Consumer Bankruptcy

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979 Spaulding Ave Se, Ada, MI 49301

Howard G. Van Den Heuvel

DUI-DWI, Corporate, Collection, Car Accident

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4920 Broadmoor Ave Se, Grand Rapids, MI 49512

Anthony James Huspaska

Collection, Bankruptcy & Debt, Commercial Banks, Contract

Status: Licensed: 13 Years

CONTACT

2618 E Paris, Grand Rapids, MI 49546

Thomas A. Bruinsma

Consumer Rights, Consumer Bankruptcy, Animal Bite, Accident & Injury

Status: Licensed: 34 Years

CONTACT

6812 Old 28Th St Se, Grand Rapids, MI 49546

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LEGAL TERMS

PRIORITY DEBT

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13... (more...)

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13 bankruptcy. Priority debts include alimony and child support, fees owed to the trustee and the attorney in the bankruptcy case, and wages owed to employees.

NONPROFIT CORPORATION

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or f... (more...)

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or for some public purpose (such as a hospital, environmental organization or literary society). Nonprofit corporations, despite the name, can make a profit, but the business cannot be designed primarily for profit-making purposes, and the profits must be used for the benefit of the organization or purpose the corporation was created to help. When a nonprofit corporation dissolves, any remaining assets must be distributed to another nonprofit, not to board members. As with for-profit corporations, directors of nonprofit corporations are normally shielded from personal liability for the organization's debts. Some nonprofit corporations qualify for a federal tax exemption under _ 501(c)(3) of the Internal Revenue Code, with the result that contributions to the nonprofit are tax deductible by their donors.

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.

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.

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.

UNDUE HARDSHIP

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in t... (more...)

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in the future to pay off the loan may be able to show that repayment would be an undue hardship.

C CORPORATION

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S c... (more...)

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S corporation, whose profits are passed through to shareholders and taxed on their personal returns under subchapter S of the Internal Revenue Code.

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.

COLLECTION AGENCY

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the d... (more...)

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the debt themselves, typically through letters (called 'dunning' letters) and telephone calls. Collection agencies are regulated by the federal Fair Debt Collection Practices Act. Unfortunately, too many collectors ignore this law.

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Saranac Bankruptcy & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

C Mark Stoppels

Wesley P. Hackett

Cheryl Lynne Chadwick

Lisa M. Feistritzer

Erik Holt

Larry A. Ver Merris

Barbara Muller-Wilson

Howard G. Van Den Heuvel

Anthony James Huspaska

Thomas A. Bruinsma

TIPS

LEGAL TERMS

PRIORITY DEBT

NONPROFIT CORPORATION

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

HOUSEHOLDER

GUARANTEED RESERVATION

UNDUE HARDSHIP

C CORPORATION

NONEXEMPT PROPERTY

COLLECTION AGENCY

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