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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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Phillip A. Greenblatt

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Credit & Debt, Identity Theft, Business

I can resolve your debt collection problems. I stop or minimize the prospect of garnishment of your wages and assets. I aggressively defend client'... (more)

FREE CONSULTATION

CONTACT

248-227-7350

Phillip A. Greenblatt, PLLC, Southfield, MI 48037

Sandra K. Alexander

Real Estate, Estate Planning, Business, Credit & Debt

Status: In Good Standing

CONTACT

7125 Orchard Lake Road, West Bloomfield, MI 48322

Jerrilann S. Danton

Bankruptcy, Consumer Bankruptcy, Credit & Debt, Workout

Status: In Good Standing

FREE CONSULTATION

CONTACT

29777 Telegraph Road, Southfield, MI 48034

Sheryl A. Shoebottom

Bankruptcy, Collection, Credit & Debt, Tax

Status: In Good Standing

FREE CONSULTATION

CONTACT

30161 Southfield Road, Southfield, MI 48076

J. Kyle Guthrie

Corporate, Credit & Debt, Employment, Real Estate

Status: In Good Standing

FREE CONSULTATION

CONTACT

4050 W Maple Rd Ste 108, Bloomfield Hills, MI 48301

Sean Francis Corsini

Family Law, Contract, Credit & Debt, Personal Injury

Status: In Good Standing Licensed: 11 Years

CONTACT

1893 W Maumee St, Adrian, MI 49221

William Edward Link

Employee Rights, Civil Rights, Contract, Credit & Debt

Status: In Good Standing Licensed: 12 Years

CONTACT

13 Lucerne Ct, Ann Arbor, MI 48108

Jennifer L. Lawrence

Litigation, Estate Planning, Family Law, Credit & Debt

Status: In Good Standing Licensed: 15 Years

CONTACT

4844 Jackson Rd, Ann Arbor, MI 48103

Sharifa Kerene Moore

Social Security, Family Law, Divorce, Credit & Debt

Status: In Good Standing Licensed: 18 Years

CONTACT

101 E Huron St, Ann Arbor, MI 48104

Sarah Lyn Wixson

Real Estate, Litigation, Contract, Credit & Debt

Status: In Good Standing

CONTACT

101 N Main St, Ann Arbor, MI 48104

800-923-0641

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LEGAL TERMS

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.

NONDISCHARGEABLE DEBTS

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chap... (more...)

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chapter 13 bankruptcy, the nondischargeable debts will have to be paid in full during your plan or you will have a balance at the end of your case. Examples of nondischargeable debts include alimony and child support, most income tax debts, many student loans and debts for personal injury or death caused by drunk driving. Compare dischargeable debts.

CHAPTER 13 PLAN

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to ... (more...)

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to pay all mandatory debts -- for example, back child support, taxes, and mortgage arrearages -- as well as some or all unsecured, nonpriority debts, such as medical and credit card bills.

COLLATERAL

Property that guarantees payment of a secured debt.

DEBIT CARD

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can ... (more...)

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can also be used at stores to pay for goods and services in place of a check. Unlike a credit card, a debit card automatically withdraws money from your checking account at the time of the transaction. Debit cards are regulated by the Electronic Funds Transfer Act.

NO-FAULT INSURANCE

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain ... (more...)

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain amount, regardless of who was at fault. The effect of no-fault insurance laws is to eliminate lawsuits in small accidents. The advantage is the prompt payment of medical bills and expenses. The downsides are that the amounts paid by no-fault policies are often not enough to fully cover a person's losses and that no-fault does not compensate for pain and suffering.

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.

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.

LIQUIDATING PARTNER

The member of an insolvent or dissolving partnership responsible for paying the debts and settling the accounts of the partnership.

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Britton Credit & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Phillip A. Greenblatt

Sandra K. Alexander

Jerrilann S. Danton

Sheryl A. Shoebottom

J. Kyle Guthrie

Sean Francis Corsini

William Edward Link

Jennifer L. Lawrence

Sharifa Kerene Moore

Sarah Lyn Wixson

TIPS

LEGAL TERMS

LIMITED PARTNERSHIP

NONDISCHARGEABLE DEBTS

CHAPTER 13 PLAN

COLLATERAL

DEBIT CARD

NO-FAULT INSURANCE

BANKRUPTCY TRUSTEE

DISPOSABLE INCOME

LIQUIDATING PARTNER

SAMPLE LEGAL CASES

New Freedom Mtg. Corp. v. Globe Mtg. Corp.

Barth v. FIRST CONSUMER CREDIT, INC.

CHARTER ONE BANK NA v. JP Morgan Chase Bank, NA

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