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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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David T. McAndrew

Wills & Probate, Trusts, Estate Planning, Bankruptcy

Status: In Good Standing

FREE CONSULTATION

CONTACT

651 Richard Drive, Harrison, MI 48625

David T. Mcandrew

Estate Planning, Divorce, Elder Law, Bankruptcy

Status: In Good Standing

CONTACT

651 Richard Dr, Harrison, MI 48625

Becky J. Bolles

Wills & Probate, Estate, Divorce & Family Law, Corporate, Collection

Status: In Good Standing Licensed: 27 Years

CONTACT

300 S University Ave, Mount Pleasant, MI 48858

Lesley A Hoenig

Landlord-Tenant, Estate, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 16 Years

CONTACT

407 E Broadway Street, Mount Pleasant, MI 48858

Michael C. Hyde

Estate, Divorce & Family Law, Elder Law, Contract, Bankruptcy & Debt

Status: In Good Standing

CONTACT

201 S University Ave, Mount Pleasant, MI 48858

David J. Gilbert

Criminal, Elder Law, Contract, Collection, Personal Injury

Status: In Good Standing Licensed: 25 Years

CONTACT

306 E Broadway St, Mount Pleasant, MI 48858

Thomas H. Weiss

Landlord-Tenant, Family Law, Contract, Credit & Debt

Status: In Good Standing

CONTACT

1234 E Broomfield St, Mount Pleasant, MI 48858

Tara S. Hovey

Family Law, Elder Law, Contract, Collection

Status: In Good Standing

CONTACT

195 S Main St, Harrison, MI 48625

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LEGAL TERMS

COLLATERAL

Property that guarantees payment of a secured debt.

FCRA

See Fair Credit Reporting Act.

CCCS

See Consumer Credit Counseling Service.

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.

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.

CREDIT FILE

See credit report.

FRAUDULENT TRANSFER

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee --... (more...)

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee -- for instance, when a debtor signs a car over to a relative to keep it out of the bankruptcy estate. Fraudulently transferred property can be recovered and sold by the trustee for the benefit of the creditors.

CREDIT REPORT

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you m... (more...)

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you make the payments on time, as well as personal history, such as your former addresses, employment record and lawsuits in which you have been involved. An estimated 50% of all credit reports contain errors, such as accounts that don't belong to you, an incorrect account status or information reported that is older than seven years (ten years in the case of a bankruptcy).

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.

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Clare Bankruptcy & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

David T. McAndrew

David T. Mcandrew

Becky J. Bolles

Lesley A Hoenig

Michael C. Hyde

David J. Gilbert

Thomas H. Weiss

Tara S. Hovey

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LEGAL TERMS

COLLATERAL

FCRA

CCCS

DISPOSABLE INCOME

IRS EXPENSES

CREDIT FILE

FRAUDULENT TRANSFER

CREDIT REPORT

REDEMPTION

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