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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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Jon Dallas Stratman

Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

866 3 Mile Road, N.W., Grand Rapids, MI 49544

Haley Ellen Clough

Immigration, Contract, Collection, Personal Injury

Status: In Good Standing Licensed: 8 Years

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6396 Bentley Drive, Belmont, MI 49306

Tyler Ernest Osburn

Lawsuit & Dispute, Employment, Family Law, Collection

Status: In Good Standing Licensed: 11 Years

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601 3 Mile Road NW, Grand Rapids, MI 49544

David C. Andersen

Employment Discrimination, Collection, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 45 Years

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701 3 Mile Rd Nw, Grand Rapids, MI 49544

Rebecca L. Johnson

Lawsuit & Dispute, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 22 Years

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701 3 Mile Rd Nw, Grand Rapids, MI 49544

Rebecca L. Johnson-Ellis

Other, Social Security, Pension & Benefits, Bankruptcy

Status: In Good Standing Licensed: 22 Years

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701 3 Mile Rd Nw, Grand Rapids, MI 49544

Brian Lee Spitler

Family Law, Elder Law, Administrative Law, Collection

Status: In Good Standing Licensed: 10 Years

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1155 Stokes St Ne, Grand Rapids, MI 49505

David C. Andersen

Family Law, Consumer Bankruptcy, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

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866 3 Mile Rd Nw, Grand Rapids, MI 49544

Jeremy Brandon Shephard

Credit & Debt, Collection, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 16 Years

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866 3 Mile Rd NW, Grand Rapids, MI 49544

Daniel L. Price

Landlord-Tenant, Intellectual Property, Divorce & Family Law, Criminal, Bankruptcy

Status: In Good Standing Licensed: 25 Years

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4920 Plainfield Ave NE, Grand Rapids, MI 49525

800-923-0641

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LEGAL TERMS

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemp... (more...)

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemptible because it has been damaged or destroyed.

LIEN

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortg... (more...)

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortgages, home equity loans, car loans and personal loans for which you pledge property to guarantee repayment. Liens created without your consent are called nonconsensual liens, and include judgment liens (liens filed by a creditor who has sued you and obtained a judgment), tax liens and mechanics liens (liens filed by a contractor who worked on your house but wasn't paid).

GENERAL PARTNER

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the... (more...)

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the business's debts and obligations. A general partner's actions can legally bind the entire business. See also partnership, limited partnership.

FRATERNAL BENEFIT SOCIETY BENEFITS

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal socie... (more...)

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal societies that provide benefits. Also called benefit society, benevolent society or mutual aid association benefits. Under bankruptcy laws, these benefits are virtually always considered exempt property.

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.

GUARANTEED RESERVATION

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehic... (more...)

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehicle for you no matter when you show up. If you have a guaranteed reservation with a hotel, it must provide you with a room, either at that hotel or at another comparable establishment. If you have a guaranteed reservation with a car agency, it must provide you with a vehicle. The downside of a guaranteed reservation is that if you don't show up and haven't cancelled your reservation, you will be billed for one night in the room or one day's use of the vehicle.

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.

DOING BUSINESS AS (DBA)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or ... (more...)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or similar document with the appropriate agency -- for example, the county clerk. This enables consumers to discover the names of the business owners, which is important if a consumer needs to sue the business.

ADMINISTRATIVE EXPENSES

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Admi... (more...)

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Administrative costs are typically 10% of the debtor's total payments under the plan.

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Comstock Park Bankruptcy & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Jon Dallas Stratman

Haley Ellen Clough

Tyler Ernest Osburn

David C. Andersen

Rebecca L. Johnson

Rebecca L. Johnson-Ellis

Brian Lee Spitler

David C. Andersen

Jeremy Brandon Shephard

Daniel L. Price

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LEGAL TERMS

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

LIEN

GENERAL PARTNER

FRATERNAL BENEFIT SOCIETY BENEFITS

REPOSSESSION

GUARANTEED RESERVATION

REDEMPTION

DOING BUSINESS AS (DBA)

ADMINISTRATIVE EXPENSES

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