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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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Raymond J. Pater

Family Law, Divorce & Family Law, Collection

Status: In Good Standing Licensed: 41 Years

CONTACT

704 Michigan Ave, Holland, MI 49423

Marcia R. Meoli

Foreclosure, Biotechnology, Consumer Bankruptcy, Bankruptcy

Status: In Good Standing Licensed: 42 Years

CONTACT

17 W 10Th St, Holland, MI 49423

Jessica Arends

Estate Planning, Employee Rights, Elder Law, Consumer Bankruptcy, Trusts

Status: In Good Standing

CONTACT

Holland, MI 49422

Jennifer A. Deyoung

Estate Planning, Family Law, Child Custody, Bankruptcy

Status: In Good Standing Licensed: 28 Years

CONTACT

321 Settlers Rd, Holland, MI 49423

Ronald J. Vander Veen

Government Contract, Employee Rights, Contract, Bankruptcy

Status: In Good Standing

CONTACT

321 Settlers Rd, Holland, MI 49423

Dolores Trese

Family Law, Consumer Rights, Elder Law, Consumer Bankruptcy

Status: In Good Standing Licensed: 34 Years

CONTACT

636 Hastings Ave, Holland, MI 49423

Scott Mancinelli

Business, Divorce & Family Law, Estate, Bankruptcy & Debt, Accident & Injury

Status: In Good Standing Licensed: 30 Years

FREE CONSULTATION

CONTACT

10500 Chicago Drive, Zeeland, MI 49464

Robert E. Schreur

Accident & Injury, Criminal, Bankruptcy, Business & Trade

Status: In Good Standing Licensed: 29 Years

CONTACT

503 Century Ln, Holland, MI 49422

800-923-0641

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LEGAL TERMS

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.

C CORPORATION

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S c... (more...)

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S corporation, whose profits are passed through to shareholders and taxed on their personal returns under subchapter S of the Internal Revenue Code.

INTEREST

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to ... (more...)

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to your balance. This means that if your loan or credit line has an interest rate of 8%, the holder adds 8% to the balance each year. More specifically, interest is calculated and added to your loan or credit line through a process called compounding. If interest is compounded daily, the balance will rise by 1/365th of 8% each day. If interest is compounded monthly, the balance will rise 1/12th of 8% at the start of each month.

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.

401(K) PLAN

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income ... (more...)

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income taxes on the amount invested and any earnings are due until the employee withdraws money from the fund.

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily fu... (more...)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily funded by voluntary donations from the creditors that receive payments from debtors repaying their debts through that office. Despite this criticism, most CCCS counselors provide clients with thorough and neutral advice.

GARNISHMENT

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if ... (more...)

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if she loses a lawsuit filed by the creditor. Up to 25% of a person's wages can be deducted.

DEBT COLLECTOR

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe... (more...)

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe. Debt collectors can be relentless, often using scare tactics, humiliation and repeated phone calls to extract payments or promises to pay.

UNDUE HARDSHIP

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in t... (more...)

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in the future to pay off the loan may be able to show that repayment would be an undue hardship.

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Douglas Bankruptcy & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Raymond J. Pater

Marcia R. Meoli

Jessica Arends

Jennifer A. Deyoung

Ronald J. Vander Veen

Dolores Trese

Scott Mancinelli

Robert E. Schreur

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LEGAL TERMS

GENERAL PARTNER

C CORPORATION

INTEREST

NO-FAULT INSURANCE

401(K) PLAN

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

GARNISHMENT

DEBT COLLECTOR

UNDUE HARDSHIP

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