Webberville Bankruptcy & Debt Lawyer, Michigan

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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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Donald J. Baranski

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Divorce & Family Law, Estate, Employment, Criminal, Consumer Bankruptcy

Thirty years in general practice

Donald J. Baranski received his Bachelor of Arts in Humanities Pre Law, from Michigan State University. This was a triple major of American History, P... (more)

FREE CONSULTATION

CONTACT

800-970-5860

4125 Okemos Road, Okemos, MI 48864

Christopher G. Bovid

Corporate, Banking & Finance, Bankruptcy Litigation, Bankruptcy

Status:

FREE CONSULTATION

CONTACT

915 North Michigan Avenue, Howell, MI 48843

Scott M. Neuman

Divorce, Criminal, Bankruptcy, Personal Injury

Status: Licensed: 32 Years

CONTACT

2196 Commons Pkwy, Okemos, MI 48864

David J. Reader

Litigation, Family Law, Criminal, Collection

Status: Licensed: 49 Years

CONTACT

204 S Highlander Way, Howell, MI 48843

Kevin Bernard Scott

Health Care Other, Health Care, Business, Consumer Bankruptcy

Status: Licensed: 42 Years

CONTACT

3692 Fairhills Dr, Okemos, MI 48864

Richard A. Cascarilla

Labor Law, Contract, Consumer Bankruptcy, Bankruptcy

Status: Licensed: 44 Years

CONTACT

2123 University Park Dr, Okemos, MI 48864

Rebecca J. Cassell

Employee Rights, Administrative Law, Credit & Debt, Personal Injury

Status: Licensed: 21 Years

CONTACT

915 N Michigan Ave, Howell, MI 48843

Tara A. Black

Contract, Collection, Elder Law, Divorce

Status: Licensed: 19 Years

CONTACT

704 E Grand River Ave, Howell, MI 48843

Patricia A. Johnson

Landlord-Tenant, Estate, Divorce & Family Law, Bankruptcy & Debt

Status: Licensed: 34 Years

CONTACT

Haslett, MI 48840

Justin Robert Babbitt

Social Security, Family Law, Elder Law, Credit & Debt

Status: Licensed: 11 Years

CONTACT

2310 Jolly Oak Rd, Okemos, MI 48864

800-814-6700

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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.

FORBEARANCE

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily ... (more...)

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily postponing or reducing the borrower's payments.

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.

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.

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.

ACCORD AND SATISFACTION

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collectin... (more...)

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collecting as much money as they can from debtors who cannot pay the full amount.

LIQUIDATING PARTNER

The member of an insolvent or dissolving partnership responsible for paying the debts and settling the accounts of the partnership.

CREDIT FILE

See credit report.

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.

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Webberville Bankruptcy & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Donald J. Baranski

Christopher G. Bovid

Scott M. Neuman

David J. Reader

Kevin Bernard Scott

Richard A. Cascarilla

Rebecca J. Cassell

Tara A. Black

Patricia A. Johnson

Justin Robert Babbitt

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LEGAL TERMS

DISCHARGEABLE DEBTS

FORBEARANCE

PRESUMED ABUSE

GUARANTOR

INTEREST

ACCORD AND SATISFACTION

LIQUIDATING PARTNER

CREDIT FILE

ADMINISTRATIVE EXPENSES

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