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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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3. Articles
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Troy Green

Credit & Debt, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

2290 E. Hill Rd., Grand Blanc, MI 48439

Barnet George Levine

Foreclosure, Family Law, Contract, Credit & Debt

Status: In Good Standing Licensed: 10 Years

CONTACT

5454 Jessalee Cir, East Lansing, MI 48823

Peter A. Teholiz

Foreclosure, Agriculture, Contract, Credit & Debt

Status: In Good Standing Licensed: 42 Years

CONTACT

2400 Lake Lansing Rd, Lansing, MI 48912

Andrew J. Gerdes

Real Estate, Business, Credit & Debt, Collection

Status: In Good Standing Licensed: 32 Years

CONTACT

416 N Homer St, Lansing, MI 48912

Katharine M. Hude

Landlord-Tenant, Entertainment, Contract, Credit & Debt

Status: In Good Standing Licensed: 15 Years

CONTACT

824 N Capitol Ave, Lansing, MI 48906

Daniel J. Hude

Landlord-Tenant, Litigation, Banking & Finance, Credit & Debt

Status: In Good Standing Licensed: 15 Years

CONTACT

Lansing, MI 48909

Justin Robert Babbitt

Social Security, Family Law, Elder Law, Credit & Debt

Status: In Good Standing Licensed: 10 Years

CONTACT

2310 Jolly Oak Rd, Okemos, MI 48864

Michael R. Bell

Tax, Federal Appellate Practice, Administrative Law, Credit & Debt

Status: In Good Standing Licensed: 31 Years

CONTACT

Lansing, MI 48909

Michael R Bell

Tax, Federal Appellate Practice, Administrative Law, Credit & Debt

Status: In Good Standing Licensed: 31 Years

CONTACT

Lansing, MI 48909

Jessica R. Maas

Landlord-Tenant, Family Law, Elder Law, Credit & Debt

Status: In Good Standing Licensed: 11 Years

CONTACT

3490 Belle Chase Way, Lansing, MI 48911

800-923-0641

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LEGAL TERMS

DISCHARGEABLE DEBTS

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bill... (more...)

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bills and medical bills. Compare nondischargeable debts.

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.

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.

CREDIT FILE

See credit report.

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.

PRESUMED ABUSE

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means te... (more...)

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means test, the court will presume that the debtor has sufficient income to fund a Chapter 13 plan. In this situation, the debtor will not be allowed to proceed with a Chapter 7 bankruptcy unless the debtor can prove that he or she is not abusing the Chapter 7 bankruptcy remedy.

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.

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.

LIEN

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortg... (more...)

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortgages, home equity loans, car loans and personal loans for which you pledge property to guarantee repayment. Liens created without your consent are called nonconsensual liens, and include judgment liens (liens filed by a creditor who has sued you and obtained a judgment), tax liens and mechanics liens (liens filed by a contractor who worked on your house but wasn't paid).

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Ovid Credit & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Troy Green

Barnet George Levine

Peter A. Teholiz

Andrew J. Gerdes

Katharine M. Hude

Daniel J. Hude

Justin Robert Babbitt

Michael R. Bell

Michael R Bell

Jessica R. Maas

TIPS

LEGAL TERMS

DISCHARGEABLE DEBTS

ADMINISTRATIVE EXPENSES

SECURED DEBT

CREDIT FILE

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

PRESUMED ABUSE

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

TRADE DRESS

LIEN

SAMPLE LEGAL CASES

New Freedom Mtg. Corp. v. Globe Mtg. Corp.

Barth v. FIRST CONSUMER CREDIT, INC.

CHARTER ONE BANK NA v. JP Morgan Chase Bank, NA

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