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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 W. Larkin

Landlord-Tenant, Contract, Collection, Medical Malpractice

Status: Licensed: 36 Years

CONTACT

33680 Five Mile Rd, Livonia, MI 48154

Patricia A. Streeter

International, Criminal, Civil Rights, Collection

Status: Licensed: 46 Years

CONTACT

480 N Canton Center Rd, Canton, MI 48187

Kathy Hoffmann Murphy

Federal Appellate Practice, Criminal, Collection, Civil Rights

Status: Licensed: 31 Years

CONTACT

Livonia, MI 48151

Kirsten E. Vestrand

Trusts, Family Law, Contract, Collection

Status: Licensed: 14 Years

CONTACT

2727 2Nd Ave, Detroit, MI 48201

Matthew Anthony Dupree

Federal Appellate Practice, Employee Rights, Administrative Law, Collection

Status: Licensed: 10 Years

CONTACT

Detroit, MI 48243

Edward Amir Bajoka

Traffic, White Collar Crime, Criminal, Collection

Status:

CONTACT

500 Griswold St, Detroit, MI 48226

Erin Renee Van Campen

Other, Federal Appellate Practice, Criminal, Collection

Status: Licensed: 13 Years

CONTACT

500 Griswold St, Detroit, MI 48226

Lawrence Stuart Talon

Criminal, Collection

Status: Licensed: 41 Years

CONTACT

1441 Saint Antoine St, Detroit, MI 48226

Linda Ann Jordan

Labor Law, Native People, Administrative Law, Collection

Status: Licensed: 10 Years

CONTACT

3026 W Grand Blvd, Detroit, MI 48202

Michael Patrick Bartnicki

Contract, Construction, Traffic, Collection

Status: Licensed: 34 Years

CONTACT

134 N Main St, Plymouth, MI 48170

800-814-6700

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LEGAL TERMS

LIMITED LIABILITY

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or ... (more...)

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or a person who invests in a corporation (a shareholder) generally stands to lose only the amount of money invested in the business. This means that if the business folds, creditors cannot seize or sell an owner's home, car, or other personal assets.

FRATERNAL BENEFIT SOCIETY BENEFITS

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal socie... (more...)

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal societies that provide benefits. Also called benefit society, benevolent society or mutual aid association benefits. Under bankruptcy laws, these benefits are virtually always considered exempt property.

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.

TRADE DRESS

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape... (more...)

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape of Frangelico liqueur bottles. Trade dress can be protected under trademark law if a showing can be made that the average consumer would likely be confused as to product origin if another product were allowed to appear in similar dress.

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.

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemp... (more...)

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemptible because it has been damaged or destroyed.

FAIR CREDIT REPORTING ACT (FCRA)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to a... (more...)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to adopt reasonable procedures for gathering, maintaining and disseminating information and bars credit bureaus from reporting negative information that is older than seven years, except a bankruptcy, which may be reported for ten. If you notify a credit bureau of an error in your credit report, the FCRA requires the bureau to investigate your allegations within 30 days, review all information you provide, remove inaccurate and unverified information and adopt procedures to keep the information from reappearing. In addition, the law requires that creditors refrain from reporting incorrect information to credit bureaus.

REDEMPTION

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump s... (more...)

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump sum. For example, a debtor may redeem a car note by paying the lender the amount a retail vendor would charge for the car, considering its age and condition.

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.

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Taylor Collection Lawyer, Michigan, page 2

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Joseph W. Larkin

Patricia A. Streeter

Kathy Hoffmann Murphy

Kirsten E. Vestrand

Matthew Anthony Dupree

Edward Amir Bajoka

Erin Renee Van Campen

Lawrence Stuart Talon

Linda Ann Jordan

Michael Patrick Bartnicki

TIPS

LEGAL TERMS

LIMITED LIABILITY

FRATERNAL BENEFIT SOCIETY BENEFITS

UNDUE HARDSHIP

TRADE DRESS

CHAPTER 13 PLAN

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

FAIR CREDIT REPORTING ACT (FCRA)

REDEMPTION

CURRENT MONTHLY INCOME

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