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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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Kevin J. Wistrom

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Real Estate, Accident & Injury, Bankruptcy & Debt, Estate, Government

Wistrom Law is concentrated in Real Estate law with emphasis on Accident & Injury, Bankruptcy & Debt, Estate, Government and Medical Marijuana. He has... (more)

FREE CONSULTATION

CONTACT

800-805-1630

1 East Apple Avenue, Muskegon, MI 49442

Martin M. Holmes

Real Estate, Litigation, Estate, White Collar Crime, Bankruptcy & Debt

Status: In Good Standing

CONTACT

318 Center St, Muskegon, MI 49445

David W. Garrett

Foreclosure, Employment Discrimination, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

1732 Lakeshore Dr, Muskegon, MI 49441

Julianna Marie Hyatt-Wierzbicki

Divorce, Corporate, Collection, Personal Injury

Status: In Good Standing Licensed: 16 Years

CONTACT

900 3Rd St, Muskegon, MI 49440

William B. Groom

Litigation, Employee Rights, Business, Credit & Debt

Status: In Good Standing

CONTACT

281 Seminole Rd, Muskegon, MI 49444

Daniel Luke Short

Juvenile Law, Medical Products & Devices, Family Law, Collection

Status: In Good Standing Licensed: 9 Years

CONTACT

990 Terrace St, Muskegon, MI 49442

Renee C. Walsh

Trademark, Copyright, Elder Law, Credit & Debt, Consumer Bankruptcy

Status: In Good Standing Licensed: 22 Years

CONTACT

3325 Fenner Rd, Muskegon, MI 49445

Visishta Boeringa

Dispute Resolution, Deportation, Divorce, Collection

Status: In Good Standing Licensed: 8 Years

CONTACT

990 Terrace Ave, Muskegon, MI 49442

Paula F. Butler

Collection, Veterans' Affairs

Status: In Good Standing Licensed: 32 Years

CONTACT

1326 Dudley Ave, Muskegon, MI 49442

Louis R. Lint

Bankruptcy

Status: Inactive Licensed: 49 Years

CONTACT

1450 Forest Park Rd, Muskegon, MI 49441

800-923-0641

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LEGAL TERMS

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.

COLLATERAL

Property that guarantees payment of a secured debt.

DEFINED CONTRIBUTION PLAN

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount ... (more...)

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount every month, or every year, for each employee. The employer usually pays a fixed percentage of an employee's wages or salary, although sometimes the amount is a fraction of the company's profits, with the size of each employee's pension share depending on the amount of wage or salary. Upon retirement, each employee's pension is determined by how much was contributed to the fund on behalf of that employee over the years, plus whatever earnings that money has accumulated as part of the investments of the entire pension fund.

CURRENT MONTHLY INCOME

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding... (more...)

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding the bankruptcy filing. The debtor's current monthly income is used to determine whether the debtor can file for Chapter 7 bankruptcy, among other things.

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.

GRACE PERIOD

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you h... (more...)

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you have to pay interest on the amount of your purchases. Cash advances, however, usually have no grace period; interest begins to accumulate from the date of the withdrawal, even if you pay your bills on time. Also, some student loans give you a grace period after graduating or dropping out of school. During this time, you are not required to make payments on your loan.

INFRINGEMENT (OF TRADEMARK)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringeme... (more...)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringement turns on whether the defendant's use causes a likelihood of confusion in the average consumer. If a court determines that the average consumer would be confused, the owner of the original mark can prevent the other's use of the infringing mark and sometimes collect damages.

WORKOUT

A debtor's plan to take care of a debt, by paying it off or through loan forgiveness. Workouts are often created to avoid bankruptcy or foreclosure proceedings.

Muskegon Bankruptcy & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Kevin J. Wistrom

Martin M. Holmes

David W. Garrett

Julianna Marie Hyatt-Wierzbicki

William B. Groom

Daniel Luke Short

Renee C. Walsh

Visishta Boeringa

Paula F. Butler

Louis R. Lint

TIPS

LEGAL TERMS

NONDISCHARGEABLE DEBTS

COLLATERAL

DEFINED CONTRIBUTION PLAN

CURRENT MONTHLY INCOME

REPOSSESSION

GRACE PERIOD

INFRINGEMENT (OF TRADEMARK)

WORKOUT

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