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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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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

Jeffrey J Dufon

Traffic, Bankruptcy, White Collar Crime, DUI-DWI

Status: In Good Standing

FREE CONSULTATION

CONTACT

480 West Lovell Street, Kalamazoo, MI 49007

Keith W. Turpel

Criminal, Bankruptcy

Status: In Good Standing Licensed: 47 Years

CONTACT

2834 Fairfield Ave, Kalamazoo, MI 49048

Tawfiq Ali

Litigation, Lawsuit & Dispute, Business, Bankruptcy

Status: In Good Standing Licensed: 17 Years

CONTACT

Kalamazoo, MI 49019

Tawfiq I. Ali

Litigation, Lawsuit & Dispute, Business, Bankruptcy

Status: In Good Standing Licensed: 17 Years

CONTACT

Kalamazoo, MI 49019

Tawfiq Innas Ali

Litigation, Lawsuit & Dispute, Business, Bankruptcy

Status: In Good Standing Licensed: 17 Years

CONTACT

Kalamazoo, MI 49019

Courtney K. Roberts

Real Estate, Federal Appellate Practice, Bankruptcy, Animal Bite

Status: In Good Standing Licensed: 22 Years

CONTACT

Kalamazoo, MI 49005

Barbara Pietila Foley

Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 42 Years

CONTACT

Kalamazoo, MI 49005

William G. Maybee

Real Estate, Family Law, Business, Bankruptcy

Status: In Good Standing Licensed: 50 Years

CONTACT

834 King Hwy, Kalamazoo, MI 49001

Michael B. Ortega

Environmental Law, Criminal, Insurance, Bankruptcy

Status: In Good Standing

CONTACT

136 E Michigan Ave, Kalamazoo, MI 49007

Steven L. Rayman

Criminal, Business, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

141 E Michigan Ave, Kalamazoo, MI 49007

800-923-0641

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LEGAL TERMS

NUISANCE FEES

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fe... (more...)

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fees, inactivity fees and fees for not carrying a balance from month to month. It's best to shop around and get rid of cards that have these fees attached.

WORKOUT

A debtor's plan to take care of a debt, by paying it off or through loan forgiveness. Workouts are often created to avoid bankruptcy or foreclosure proceedings.

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.

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.

LOSS DAMAGE WAIVER (LDW)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it ofte... (more...)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it often duplicates coverage provided by the renter's regular car insurance and/or the credit card she uses to rent the car. Nevertheless, hard-sell practices by rental car agents often dupe people into buying LDWs they don't really need. LDW is also called 'collision damage waiver.'

CREDIT INSURANCE

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay o... (more...)

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay off the remaining balance. Federal and state consumer protection laws require the lender to disclose to existing and potential borrowers the terms and costs of obtaining credit insurance because it can affect the terms of the loan.

WINDING UP

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, a... (more...)

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, all with the ultimate goal of liquidating or closing down a corporation or partnership.

FDCPA

See Fair Debt Collections & Practices Act.

401(K) PLAN

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income ... (more...)

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income taxes on the amount invested and any earnings are due until the employee withdraws money from the fund.

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Galesburg Bankruptcy Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Jeffrey J Dufon

Keith W. Turpel

Tawfiq Ali

Tawfiq I. Ali

Tawfiq Innas Ali

Courtney K. Roberts

Barbara Pietila Foley

William G. Maybee

Michael B. Ortega

Steven L. Rayman

TIPS

LEGAL TERMS

NUISANCE FEES

WORKOUT

CHAPTER 13 BANKRUPTCY

PRESUMED ABUSE

LOSS DAMAGE WAIVER (LDW)

CREDIT INSURANCE

WINDING UP

FDCPA

401(K) PLAN

SAMPLE LEGAL CASES

RDM Holdings, Ltd. v. Continental Plastics Co.

Gulf Underwriters Ins. Co. v. McCLAIN INDUSTRIES, INC.

MICHIGAN COMMERCE BANK v. PALMS INVESTMENTS, LLC

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