Mass City Bankruptcy 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.
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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

Not enough matches for Mass City Bankruptcy lawyer.
Below are all Mass City lawyers.

Teddy J. Baird

Real Estate, Government, Elder Law, Family Law

Status: In Good Standing Licensed: 44 Years

CONTACT

300 Poplar St, Ontonagon, MI 49953

James R. Jessup

General Practice

Status: Inactive Licensed: 44 Years

CONTACT

37454 Strang Rd, Ontonagon, MI 49953

Lois S. Kallunki

General Practice

Status: Inactive Licensed: 39 Years

CONTACT

34374 State Highway M64, Ontonagon, MI 49953

Jerry D. Taylor

Real Estate, Dispute Resolution, Lawsuit & Dispute, Agriculture

Status: In Good Standing Licensed: 37 Years

CONTACT

25021 Saarinen Rd, Watton, MI 49970

Andrew Charles Seid

General Practice

Status: In Good Standing Licensed: 11 Years

CONTACT

30482 Dutch Rd, Ontonagon, MI 49953

John S. Robinson

General Practice

Status: Inactive

CONTACT

509 Epidote St, Ontonagon, MI 49953

Paul H. Hurst

General Practice

Status: In Good Standing Licensed: 44 Years

CONTACT

30417 Tapiola Rd, Pelkie, MI 49958

Sara J. Basso

Dispute Resolution, Lawsuit & Dispute, Administrative Law, Business

Status: In Good Standing

CONTACT

2017 Ponozzo Rd, Iron River, MI 49935

Jesse J. Monville

General Practice

Status: In Good Standing Licensed: 21 Years

CONTACT

33 Hemlock St, White Pine, MI 49971

Mark A. Esqueda

Criminal, Native People, Civil & Human Rights

Status: In Good Standing Licensed: 27 Years

CONTACT

N5384 US Hwy 45, Watersmeet, MI 49969

800-923-0641

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LEGAL TERMS

DISPOSABLE INCOME

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Ch... (more...)

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Chapter 13 plan.

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.

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily fu... (more...)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily funded by voluntary donations from the creditors that receive payments from debtors repaying their debts through that office. Despite this criticism, most CCCS counselors provide clients with thorough and neutral advice.

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.

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.

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.

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.

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.

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.'

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Mass City Bankruptcy Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Teddy J. Baird

James R. Jessup

Lois S. Kallunki

Jerry D. Taylor

Andrew Charles Seid

John S. Robinson

Paul H. Hurst

Sara J. Basso

Jesse J. Monville

Mark A. Esqueda

TIPS

LEGAL TERMS

DISPOSABLE INCOME

CHAPTER 7 BANKRUPTCY

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

PRESUMED ABUSE

INTEREST

BANKRUPTCY TRUSTEE

CREDIT INSURANCE

FRATERNAL BENEFIT SOCIETY BENEFITS

LOSS DAMAGE WAIVER (LDW)

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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