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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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Jeffery D Maynard

Criminal, Divorce & Family Law, Bankruptcy & Debt, Estate, Lawsuit & Dispute

The attorneys of Maynard Law Associates, PLLC are skilled at walking our clients through each step of the complicated legal process. If you are co... (more)

FREE CONSULTATION

CONTACT

586-944-2656

22201 Harper Avenue, Saint Clair Shores, MI 48080

Steven S Vernier

Wills & Probate, Estate Planning, Family Law, Criminal, Bankruptcy

Status: In Good Standing

CONTACT

22815 Kelly Rd., Eastpointe, MI 48021

Kimberly Marie Lubinski

Tax, Litigation, Intellectual Property, Estate, Bankruptcy & Debt

Status: In Good Standing Licensed: 23 Years

CONTACT

26224 Van Dyke Ave, Center Line, MI 48015

Donald W. Teichman

Elder Law, Contract, Collection, Defamation & Slander

Status: In Good Standing Licensed: 39 Years

CONTACT

25501 Van Dyke Ave, Center Line, MI 48015

Dennis Edward Minni

Traffic, International Other, Intellectual Property, Bankruptcy

Status: In Good Standing Licensed: 51 Years

CONTACT

26648 Van Dyke Ave, Center Line, MI 48015

Matthew M. Bieber

Contract, Collection, Personal Injury, Social Security

Status: In Good Standing Licensed: 17 Years

CONTACT

26224 Van Dyke Ave, Center Line, MI 48015

Alicia Odell Martin

Real Estate, Criminal, Bankruptcy & Debt

Status: In Good Standing Licensed: 19 Years

CONTACT

8060 House St, Detroit, MI 48234

William Jurczak

Other, Divorce & Family Law, Criminal, Bankruptcy & Debt

Status: In Good Standing Licensed: 15 Years

CONTACT

16102 E 9 Mile Rd, Eastpointe, MI 48021

Mark J. Fugolo

Estate, Divorce & Family Law, Criminal, Bankruptcy & Debt

Status: In Good Standing Licensed: 49 Years

CONTACT

16102 E 9 Mile Rd, Eastpointe, MI 48021

Robert W Bishop

Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 21 Years

CONTACT

23801 Gratiot Ave, Eastpointe, MI 48021

800-923-0641

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LEGAL TERMS

CREDITOR

A person or entity (such as a bank) to whom a debt is owed.

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.

FCBA

See Fair Credit Billing Act.

S CORPORATION

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status fro... (more...)

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status from the Internal Revenue Service. Electing to do business as an S corporation lets shareholders enjoy limited liability status, as would be true of any corporation, but be taxed like a partnership or sole proprietor. That is, instead of being taxed as a separate entity (as would be the case with a regular or C corporation) an S corporation is a pass-through tax entity: income taxes are reported and paid by the shareholders, not the S corporation. To qualify as an S corporation a number of IRS rules must be met, such as a limit of 75 shareholders and citizenship requirements.

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.

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.

LIEN

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortg... (more...)

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortgages, home equity loans, car loans and personal loans for which you pledge property to guarantee repayment. Liens created without your consent are called nonconsensual liens, and include judgment liens (liens filed by a creditor who has sued you and obtained a judgment), tax liens and mechanics liens (liens filed by a contractor who worked on your house but wasn't paid).

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.

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.

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Eastpointe Bankruptcy & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Jeffery D Maynard

Steven S Vernier

Kimberly Marie Lubinski

Donald W. Teichman

Dennis Edward Minni

Matthew M. Bieber

Alicia Odell Martin

William Jurczak

Mark J. Fugolo

Robert W Bishop

TIPS

LEGAL TERMS

CREDITOR

COLLECTION AGENCY

FCBA

S CORPORATION

NONEXEMPT PROPERTY

PRESUMED ABUSE

LIEN

GARNISHMENT

GUARANTEED RESERVATION

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