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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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C Mark Stoppels

Business Organization, Collection, Banking & Finance, Wills & Probate

Status: In Good Standing

CONTACT

825 Parchment Drive S. E., Grand Rapids, MI 49546

Bradford W. Springer

Litigation, Lawsuit & Dispute, Employee Rights, Criminal, Collection

Status: In Good Standing Licensed: 20 Years

CONTACT

100 N 3Rd St, Grand Haven, MI 49417

Fredric F. Balgooyen

Estate Planning, Family Law, Elder Law, Collection

Status: In Good Standing Licensed: 57 Years

CONTACT

633 Seminole Rd, Muskegon, MI 49441

Julianna Marie Hyatt-Wierzbicki

Divorce, Corporate, Collection, Personal Injury

Status: In Good Standing Licensed: 16 Years

CONTACT

900 3Rd St, Muskegon, MI 49440

Daniel Luke Short

Juvenile Law, Medical Products & Devices, Family Law, Collection

Status: In Good Standing Licensed: 10 Years

CONTACT

990 Terrace St, Muskegon, MI 49442

Visishta Boeringa

Dispute Resolution, Deportation, Divorce, Collection

Status: In Good Standing Licensed: 9 Years

CONTACT

990 Terrace Ave, Muskegon, MI 49442

Paula F. Butler

Collection, Veterans' Affairs

Status: In Good Standing Licensed: 33 Years

CONTACT

1326 Dudley Ave, Muskegon, MI 49442

Raymond J. Pater

Family Law, Divorce & Family Law, Collection

Status: In Good Standing Licensed: 41 Years

CONTACT

704 Michigan Ave, Holland, MI 49423

Wade Mcconnell

Collection, Civil Rights, Child Custody, Landlord-Tenant

Status: In Good Standing

CONTACT

44 Grandville Avenue Sw, Grand Rapids, MI 49503

Tiffany Suzanne Baker

Motor Vehicle, Administrative Law, Collection, Consumer Bankruptcy

Status: In Good Standing Licensed: 11 Years

CONTACT

1515 28Th St Sw, Grand Rapids, MI 49509

800-923-0641

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LEGAL TERMS

IRS EXPENSES

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income mu... (more...)

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income must use the IRS expenses to calculate their average net income in a Chapter 7 case, or their disposable income in a Chapter 13 case.

REPOSSESSION

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and ... (more...)

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and has not attempted to work with the lender to resolve the problem. A repossessor can't use force to get at your car, but he can legally hot-wire it and even drive it out of your unlocked garage.

FCBA

See Fair Credit Billing Act.

REDEMPTION

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump s... (more...)

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump sum. For example, a debtor may redeem a car note by paying the lender the amount a retail vendor would charge for the car, considering its age and condition.

TRADE NAME

The official name of a business, the one it uses on its letterhead and bank account when not dealing with consumers.

NONPROFIT CORPORATION

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or f... (more...)

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or for some public purpose (such as a hospital, environmental organization or literary society). Nonprofit corporations, despite the name, can make a profit, but the business cannot be designed primarily for profit-making purposes, and the profits must be used for the benefit of the organization or purpose the corporation was created to help. When a nonprofit corporation dissolves, any remaining assets must be distributed to another nonprofit, not to board members. As with for-profit corporations, directors of nonprofit corporations are normally shielded from personal liability for the organization's debts. Some nonprofit corporations qualify for a federal tax exemption under _ 501(c)(3) of the Internal Revenue Code, with the result that contributions to the nonprofit are tax deductible by their donors.

CURRENT MONTHLY INCOME

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding... (more...)

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding the bankruptcy filing. The debtor's current monthly income is used to determine whether the debtor can file for Chapter 7 bankruptcy, among other things.

SETOFF

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a countercl... (more...)

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a counterclaim filed by a defendant in a lawsuit. Banks may try to exercise a setoff by taking money out of a deposit account to satisfy past due payments on a loan or credit card bill. Such an act is illegal under most circumstances.

LIMITED PARTNERSHIP

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner ... (more...)

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner or partners (called general partners) have unlimited personal liability. The key difference between a general and limited partner concerns management decision making--general partners run the business, and limited partners, who are usually passive investors, are not allowed to make day-to-day business decisions. If they do, they risk being treated as general partners with unlimited personal liability.

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Spring Lake Collection Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

C Mark Stoppels

Bradford W. Springer

Fredric F. Balgooyen

Julianna Marie Hyatt-Wierzbicki

Daniel Luke Short

Visishta Boeringa

Paula F. Butler

Raymond J. Pater

Wade Mcconnell

Tiffany Suzanne Baker

TIPS

LEGAL TERMS

IRS EXPENSES

REPOSSESSION

FCBA

REDEMPTION

TRADE NAME

NONPROFIT CORPORATION

CURRENT MONTHLY INCOME

SETOFF

LIMITED PARTNERSHIP

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