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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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Rebecca L. Johnson

Lawsuit & Dispute, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 18 Years

CONTACT

866 3 Mile Rd NW, Grand Rapids, MI 49544

S. Christopher Hunter

Social Security, Family Law, Elder Law, Bankruptcy

Status: In Good Standing

CONTACT

125 Ottawa Avenue, Nw, Grand Rapids, MI 49503

Jacob Thomas Tighe

Bankruptcy & Debt, Social Security -- Disability, Bankruptcy

Status: In Good Standing Licensed: 8 Years

CONTACT

2040 Raybrook St SE, Grand Rapids, MI 49546

Travis Thomas Russell

Foreclosure, Social Security, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 10 Years

CONTACT

2040 Raybrook St SE, Grand Rapids, MI 49546

Jeremy Brandon Shephard

Bankruptcy, Credit & Debt, Collection

Status: In Good Standing Licensed: 12 Years

CONTACT

866 3 Mile Rd NW, Grand Rapids, MI 49544

Matthew T. Clarke

Estate Planning, Employee Rights, Elder Law, Consumer Bankruptcy

Status: In Good Standing Licensed: 24 Years

CONTACT

1950 Waldorf St Nw, Grand Rapids, MI 49544

Larry A. Ver Merris

International Tax, Trusts, Contract, Collection

Status: In Good Standing Licensed: 43 Years

CONTACT

825 Parchment Dr Se, Grand Rapids, MI 49546

Larry A. Ver Merris

Land Use & Zoning, Corporate, Banking & Finance, Collection

Status: In Good Standing Licensed: 43 Years

CONTACT

825 Parchment Dr Se, Grand Rapids, MI 49546

Heather M. Rubley Drouin

Contract, Consumer Bankruptcy, Legal Malpractice

Status: In Good Standing Licensed: 18 Years

CONTACT

2345 Walker Ave NW, Grand Rapids, MI 49544

Randall J. Groendyk

Real Estate, Litigation, Business, Consumer Bankruptcy

Status: In Good Standing Licensed: 37 Years

CONTACT

333 Bridge St NW, Grand Rapids, MI 49504

800-923-0641

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LEGAL TERMS

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.

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.

CHAPTER 13 BANKRUPTCY

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your inc... (more...)

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your income to pay all or a portion of the debts over three to five years. The minimum amount you must pay is roughly equal to the value of your nonexempt property. In addition, you must pledge your disposable net income -- after subtracting reasonable expenses -- for the period during which you are making payments. At the end of the three-to five-year period, the balance of what you owe on most debts is erased.

NONDISCHARGEABLE DEBTS

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chap... (more...)

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chapter 13 bankruptcy, the nondischargeable debts will have to be paid in full during your plan or you will have a balance at the end of your case. Examples of nondischargeable debts include alimony and child support, most income tax debts, many student loans and debts for personal injury or death caused by drunk driving. Compare dischargeable debts.

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.

DISCHARGE (OF DEBTS)

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

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.

FDCPA

See Fair Debt Collections & Practices Act.

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.

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Grand Rapids Bankruptcy & Debt Lawyer, Michigan, page 5

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Rebecca L. Johnson

S. Christopher Hunter

Jacob Thomas Tighe

Travis Thomas Russell

Jeremy Brandon Shephard

Matthew T. Clarke

Larry A. Ver Merris

Larry A. Ver Merris

Heather M. Rubley Drouin

Randall J. Groendyk

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LEGAL TERMS

LIMITED LIABILITY

401(K) PLAN

CHAPTER 13 BANKRUPTCY

NONDISCHARGEABLE DEBTS

IRS EXPENSES

DISCHARGE (OF DEBTS)

UNSECURED DEBT

FDCPA

DEBT COLLECTOR

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