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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

Kathryn Ann Gerding

Estate, Divorce & Family Law, Criminal, Bankruptcy, Bankruptcy & Debt

Status: Licensed: 11 Years

CONTACT

6553 Jackson Rd, Ann Arbor, MI 48103

Judith A. Peters

Consumer Rights, Reorganization, Consumer Bankruptcy, Legal Malpractice

Status: Licensed: 27 Years

CONTACT

428 Sumark Way, Ann Arbor, MI 48103

Patricia B. Fancy

Intellectual Property, Consumer Bankruptcy

Status: Licensed: 46 Years

CONTACT

200 Silver Maples Dr, Chelsea, MI 48118

Ronald John Habowski

Litigation, Employee Rights, Bankruptcy, Personal Injury

Status: Licensed: 52 Years

CONTACT

900 Victors Way, Ann Arbor, MI 48108

Kelli C.C. Meeks

Real Estate, Consumer Bankruptcy, Bankruptcy, Bankruptcy & Debt

Status:

CONTACT

455 E Eisenhower Pkwy, Ann Arbor, MI 48108

Lander C. Mcloyd

Wills, Trusts, Estate Planning, Estate, Bankruptcy

Status:

CONTACT

1785 W Stadium Blvd, Ann Arbor, MI 48103

William Oak Cass

Litigation, Family Law, Bankruptcy, Personal Injury

Status: Licensed: 42 Years

CONTACT

2232 S Main St, Ann Arbor, MI 48103

Miranda M. Hill

Health Care Other, Criminal, Medical Malpractice, Consumer Bankruptcy

Status: Licensed: 21 Years

CONTACT

2232 S Main St, Ann Arbor, MI 48103

Thomas J. Buiteweg

Biotechnology, Contract, Business, Consumer Bankruptcy

Status: Licensed: 31 Years

CONTACT

3025 Boardwalk St, Ann Arbor, MI 48108

Andrew Thomas VanEgmond

Litigation, Transactions, Antitrust, Consumer Bankruptcy

Status: Licensed: 7 Years

CONTACT

2723 S State St, Ann Arbor, MI 48104

800-923-0641

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LEGAL TERMS

DISCHARGE (OF DEBTS)

A bankruptcy court's erasure of the debts of a person or business that has filed for bankruptcy.

CREDIT FILE

See credit report.

CREDIT BUREAU

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit... (more...)

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit card companies that use the information to screen applicants for loans and credit cards. There are three major credit bureaus, Equifax, Experian and Trans Union, and they are regulated by the federal Fair Credit Reporting Act.

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.

UNSECURED DEBT

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only reme... (more...)

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only remedy is to sue you and get a judgment. Compare secured debt.

SECURED DEBT

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collater... (more...)

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collateral, to satisfy the debt if you default. Compare unsecured debt.

FDCPA

See Fair Debt Collections & Practices Act.

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.

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.

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Clinton Bankruptcy Lawyer, Michigan, page 3

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Kathryn Ann Gerding

Judith A. Peters

Patricia B. Fancy

Ronald John Habowski

Kelli C.C. Meeks

Lander C. Mcloyd

William Oak Cass

Miranda M. Hill

Thomas J. Buiteweg

Andrew Thomas VanEgmond

TIPS

LEGAL TERMS

DISCHARGE (OF DEBTS)

CREDIT FILE

CREDIT BUREAU

DISPOSABLE INCOME

UNSECURED DEBT

SECURED DEBT

FDCPA

NONPROFIT CORPORATION

SETOFF

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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