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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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Michael J. Willis

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Bankruptcy & Debt, Wills & Probate, Contract, Elder Law, Estate Planning

Dedicated to Excellence in Client Service

Michael Willis founded this firm with his brother, Shaun Patrick Willis. Their father, Hon. Frank D. Willis, is the probate judge for Van Buren Count... (more)

FREE CONSULTATION

CONTACT

800-909-2450

491 W South St, Kalamazoo, MI 49007

Jeffrey J Dufon

Traffic, Bankruptcy, White Collar Crime, DUI-DWI

Status: In Good Standing

FREE CONSULTATION

CONTACT

480 West Lovell Street, Kalamazoo, MI 49007

Fredrick Walter Jensen

Trusts, DUI-DWI, Elder Law, Credit & Debt

Status: In Good Standing

CONTACT

126 Locust St, Allegan, MI 49010

Kristin K. E. Marschner

Estate Planning, Labor Law, Administrative Law, Credit & Debt

Status: In Good Standing Licensed: 17 Years

CONTACT

6942 Asher Trl, Kalamazoo, MI 49009

Imants M. Minka

Litigation, Estate Planning, Business, Consumer Bankruptcy

Status: In Good Standing

CONTACT

5985 W Main St, Kalamazoo, MI 49009

John D. Bradshaw

Election & Political, Business, Collection, Consumer Bankruptcy

Status: In Good Standing Licensed: 39 Years

CONTACT

107 W Michigan Ave, Kalamazoo, MI 49005

Donald L. R. Roberts

Lawsuit & Dispute, Gift Taxation, Elder Law, Consumer Bankruptcy

Status: In Good Standing Licensed: 39 Years

CONTACT

201 W Kalamazoo Ave, Kalamazoo, MI 49007

Rachel Renee Suhrbier

Family Law, Divorce & Family Law, Consumer Rights, Consumer Bankruptcy

Status: In Good Standing Licensed: 11 Years

CONTACT

151 S Rose St, Kalamazoo, MI 49007

Andrew J. Vorbrich

Sales & Use Tax, Estate Planning, Contract, Collection

Status: In Good Standing

CONTACT

151 S Rose St, Kalamazoo, MI 49007

Thomas G. King

Foreclosure, International Tax, Banking & Finance, Collection

Status: In Good Standing Licensed: 43 Years

CONTACT

One Moorsbridge, Kalamazoo, MI 49003

800-923-0641

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LEGAL TERMS

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.

ABUSE

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because ... (more...)

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because the debtor appears to have enough disposable income to fund a Chapter 13 repayment plan.

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.

PRIORITY DEBT

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13... (more...)

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13 bankruptcy. Priority debts include alimony and child support, fees owed to the trustee and the attorney in the bankruptcy case, and wages owed to employees.

CREDIT FILE

See credit report.

LIMITED PARTNERSHIP

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner ... (more...)

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner or partners (called general partners) have unlimited personal liability. The key difference between a general and limited partner concerns management decision making--general partners run the business, and limited partners, who are usually passive investors, are not allowed to make day-to-day business decisions. If they do, they risk being treated as general partners with unlimited personal liability.

MEETING OF CREDITORS

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a f... (more...)

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a few questions. In a Chapter 7, the meeting of creditors lasts a few minutes and rarely do any creditors show up. In a Chapter 13 bankruptcy, one or two creditors may attend, especially if they disagree with some provision of your repayment plan.

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.

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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Martin Bankruptcy & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Michael J. Willis

Jeffrey J Dufon

Fredrick Walter Jensen

Kristin K. E. Marschner

Imants M. Minka

John D. Bradshaw

Donald L. R. Roberts

Rachel Renee Suhrbier

Andrew J. Vorbrich

Thomas G. King

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LEGAL TERMS

REAFFIRMATION

ABUSE

GARNISHMENT

PRIORITY DEBT

CREDIT FILE

LIMITED PARTNERSHIP

MEETING OF CREDITORS

401(K) PLAN

UNDUE HARDSHIP

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