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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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Hadi A. Harp

Employee Rights, Contract, Reorganization, Defamation & Slander

Status: In Good Standing Licensed: 12 Years

CONTACT

1001 Woodward Ave, Detroit, MI 48226

Helal A. Farhat

General Practice

Status: In Good Standing Licensed: 22 Years

CONTACT

2 Woodward Ave, Detroit, MI 48226

Hilary Braley

Landlord-Tenant, Elder Law, Non-profit, Reorganization

Status: In Good Standing

CONTACT

2727 2Nd Ave, Detroit, MI 48201

James J. Parks

Government Contract, Employee Rights, Elder Law, Reorganization

Status: In Good Standing Licensed: 43 Years

CONTACT

27777 Franklin Rd, Southfield, MI 48034

Jayesh J. Patel

Business, Reorganization

Status: In Good Standing Licensed: 22 Years

CONTACT

440 Burroughs St, Detroit, MI 48202

Judith A. Peters

Consumer Rights, Reorganization, Consumer Bankruptcy, Legal Malpractice

Status: In Good Standing Licensed: 27 Years

CONTACT

428 Sumark Way, Ann Arbor, MI 48103

Kevin W. Cobb

Employee Rights, Reorganization

Status: In Good Standing Licensed: 47 Years

CONTACT

22011 Village Pines Dr, Franklin, MI 48025

Linda D. Bernard

Government Contract, Family Medical Leave Act (FMLA), Contract, Reorganization

Status: In Good Standing Licensed: 51 Years

CONTACT

17144 Wildemere Dr, Detroit, MI 48221

Lynn M. Brimer

Tax, Litigation, Reorganization, Commercial Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 35 Years

CONTACT

300 E Long Lake Rd, Bloomfield Hills, MI 48304

Mark A. Bank

Family Law, Child Custody, Corporate, Reorganization

Status: In Good Standing

CONTACT

401 South Old Woodward Avenue, Birmingham, MI 48009

800-923-0641

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LEGAL TERMS

CHAPTER 13 BANKRUPTCY

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your inc... (more...)

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your income to pay all or a portion of the debts over three to five years. The minimum amount you must pay is roughly equal to the value of your nonexempt property. In addition, you must pledge your disposable net income -- after subtracting reasonable expenses -- for the period during which you are making payments. At the end of the three-to five-year period, the balance of what you owe on most debts is erased.

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.

BANKRUPTCY TRUSTEE

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is t... (more...)

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is to gather the debtor's nonexempt property, liquidate it and distribute it proportionally to her creditors. In a Chapter 13 case, the trustee's role is to receive the debtor's monthly payments and distribute them proportionally to her creditors.

SUBROGATION

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off i... (more...)

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off its injured claimant takes the legal rights the claimant has against a third party that caused the injury, and sues that third party.

FCBA

See Fair Credit Billing Act.

SECRET WARRANTY PROGRAM

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid... (more...)

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid a recall and the accompanying bad press. Secret warranties are rarely advertised by the manufacturer, so consumers must pursue the manufacturer to discover and take advantage of them. A few states require manufacturers to notify car buyers when they adopt secret warranty programs.

LIQUIDATING PARTNER

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

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.

CHAPTER 7 BANKRUPTCY

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 b... (more...)

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 bankruptcy takes from three to six months, costs about $200, and commonly requires only one trip to the courthouse.

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Azalia Reorganization Lawyer, Michigan, page 2

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Hadi A. Harp

Helal A. Farhat

Hilary Braley

James J. Parks

Jayesh J. Patel

Judith A. Peters

Kevin W. Cobb

Linda D. Bernard

Lynn M. Brimer

Mark A. Bank

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LEGAL TERMS

CHAPTER 13 BANKRUPTCY

NONEXEMPT PROPERTY

BANKRUPTCY TRUSTEE

SUBROGATION

FCBA

SECRET WARRANTY PROGRAM

LIQUIDATING PARTNER

DISCHARGEABLE DEBTS

CHAPTER 7 BANKRUPTCY

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