Bear Lake Reorganization Lawyer, Michigan, page 2

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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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David Gregory Boyer

Criminal, Bankruptcy & Debt

Status: In Good Standing Licensed: 34 Years

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243 Midtown Dr, Traverse City, MI 49684

Blair Griewahn

Lawsuit & Dispute, Art, Family Law, Collection

Status: In Good Standing Licensed: 17 Years

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121 Drivers Edge Ln, Traverse City, MI 49684

David Boyer

Criminal, Bankruptcy & Debt

Status: In Good Standing Licensed: 34 Years

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243 Midtown Dr, Traverse City, MI 49684

Lee Eric Ranieri

Health Care Other, Employee Rights, Contract, Credit & Debt, Landlord-Tenant

Status: In Good Standing Licensed: 18 Years

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4020 Copper Vw, Traverse City, MI 49684

Brace Edward Kern

Elder Law, Contract, Collection, Defamation & Slander

Status: In Good Standing Licensed: 19 Years

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3434 Veterans Dr, Traverse City, MI 49684

Clark C. Johnson

Real Estate, Aviation, Family Law, Consumer Bankruptcy

Status: In Good Standing Licensed: 54 Years

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Glen Arbor, MI 49636

Wallace H. Tuttle

Real Estate, Business, Bankruptcy

Status: In Good Standing Licensed: 52 Years

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3229 Logan Valley Rd, Traverse City, MI 49684

Mark A. Hullman

Construction, Trusts, Estate Planning, Contract, Credit & Debt

Status: In Good Standing Licensed: 53 Years

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3230 Racquet Club Dr, Traverse City, MI 49684

Nicole Paige Westfall

Bankruptcy, Commercial Real Estate, Estate

Status: In Good Standing

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3281 Racquet Club Dr, Traverse City, MI 49684

Paul I. Bare

Corporate, Bankruptcy

Status: In Good Standing Licensed: 48 Years

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3281 Racquet Club Dr, Traverse City, MI 49684

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LEGAL TERMS

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.

FDCPA

See Fair Debt Collections & Practices Act.

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.

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.

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.

REAFFIRMATION

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing deb... (more...)

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing debt after the bankruptcy case is over. For instance, a debtor might make a reaffirmation agreement with the holder of a car note that the debtor can keep the car and must continue to pay the debt after bankruptcy.

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.

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.

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.

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Bear Lake Reorganization Lawyer, Michigan, page 2

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

David Gregory Boyer

Blair Griewahn

David Boyer

Lee Eric Ranieri

Brace Edward Kern

Clark C. Johnson

Wallace H. Tuttle

Mark A. Hullman

Nicole Paige Westfall

Paul I. Bare

TIPS

LEGAL TERMS

DISCHARGEABLE DEBTS

FDCPA

NUISANCE FEES

PRESUMED ABUSE

REDEMPTION

REAFFIRMATION

CURRENT MONTHLY INCOME

WORKOUT

NONEXEMPT PROPERTY

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