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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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Melissa DiGiamberdine

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Bankruptcy & Debt, Divorce, Family Law, Child Custody

Practicing Bankruptcy in Eastern District of Michigan

There’s no doubt about it – life is difficult when you’re knocked down by bankruptcy, divorce, or property disputes. The representation of Tri-C... (more)

FREE CONSULTATION

CONTACT

800-919-8451

5080 W. Bristol Road, Flint, MI 48507

Alan D. Walton

Family Law, Bankruptcy & Debt

Status: In Good Standing Licensed: 44 Years

CONTACT

8070 Main St, Birch Run, MI 48415

Dianne S. Ruhlandt

Landlord-Tenant, Employee Rights, Business, Collection

Status: In Good Standing

CONTACT

9139 N Clio Rd, Clio, MI 48420

Elizabeth Joy Train

Real Estate, Civil & Human Rights, Business, Bankruptcy

Status: In Good Standing Licensed: 23 Years

CONTACT

11062 Hickory Ln, Clio, MI 48420

Joseph J. Sefa

Real Estate, Wrongful Termination, Child Custody, Bankruptcy

Status: In Good Standing Licensed: 33 Years

CONTACT

327 N Main St, Davison, MI 48423

Rex C. Anderson

Criminal, Consumer Bankruptcy, Bankruptcy, Personal Injury

Status: In Good Standing

CONTACT

9459 Lapeer Rd, Davison, MI 48423

David J. Karr

Real Estate, Estate Planning, Elder Law, Credit & Debt

Status: In Good Standing Licensed: 62 Years

CONTACT

215 W Flint St, Davison, MI 48423

Rhonda R. Stowers

Labor Law, Employment, Criminal, Collection

Status: In Good Standing Licensed: 22 Years

CONTACT

111 E Court St, Flint, MI 48502

Mark N. Clement

Criminal, Foreclosure, Bankruptcy, Traffic

Status: In Good Standing

CONTACT

503 S. Saginaw, Flint, MI 48502

Sara K. Coaster

Criminal, Collection, Accident & Injury

Status: In Good Standing Licensed: 14 Years

CONTACT

503 S Saginaw St, Flint, MI 48502

800-923-0641

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LEGAL TERMS

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.

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.

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.

REAFFIRMATION

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing deb... (more...)

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing debt after the bankruptcy case is over. For instance, a debtor might make a reaffirmation agreement with the holder of a car note that the debtor can keep the car and must continue to pay the debt after bankruptcy.

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.

TRADE DRESS

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape... (more...)

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape of Frangelico liqueur bottles. Trade dress can be protected under trademark law if a showing can be made that the average consumer would likely be confused as to product origin if another product were allowed to appear in similar dress.

CREDIT INSURANCE

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay o... (more...)

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay off the remaining balance. Federal and state consumer protection laws require the lender to disclose to existing and potential borrowers the terms and costs of obtaining credit insurance because it can affect the terms of the loan.

LIMITED LIABILITY

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or ... (more...)

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or a person who invests in a corporation (a shareholder) generally stands to lose only the amount of money invested in the business. This means that if the business folds, creditors cannot seize or sell an owner's home, car, or other personal assets.

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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Genesee Bankruptcy & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Melissa DiGiamberdine

Alan D. Walton

Dianne S. Ruhlandt

Elizabeth Joy Train

Joseph J. Sefa

Rex C. Anderson

David J. Karr

Rhonda R. Stowers

Mark N. Clement

Sara K. Coaster

TIPS

LEGAL TERMS

SECURED DEBT

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

DISPOSABLE INCOME

REAFFIRMATION

FRATERNAL BENEFIT SOCIETY BENEFITS

TRADE DRESS

CREDIT INSURANCE

LIMITED LIABILITY

ADMINISTRATIVE EXPENSES

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