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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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David C. Andersen

Family Law, Consumer Bankruptcy, Bankruptcy, Bankruptcy & Debt

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866 3 Mile Rd Nw, Grand Rapids, MI 49544

Jacob Joseph Sadler

Employee Rights, Child Support, Reinsurance, Credit & Debt, Lawsuit & Dispute

Status: Licensed: 23 Years

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507 Plymouth Ave Ne, Grand Rapids, MI 49505

Charles B. Covello

Civil Rights, Bankruptcy & Debt, Car Accident

Status: Licensed: 38 Years

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1515 Michigan St Ne, Grand Rapids, MI 49503

Jeffrey Raymond Portko

Motor Vehicle, Wrongful Termination, Divorce & Family Law, Criminal, Bankruptcy & Debt

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1430 Michigan St Ne, Grand Rapids, MI 49503

Bryan Reeder

Trusts, Family Law, Administrative Law, Bankruptcy

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124 Fulton St E, Grand Rapids, MI 49503

Christian G. Krupp

Family Law, Divorce & Family Law, Bankruptcy, Bankruptcy & Debt

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161 Ottawa Ave Nw, Grand Rapids, MI 49503

Timothy L. Taylor

Wills & Probate, Employment Discrimination, Insurance, Bankruptcy, Medical Malpractice

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990 Monroe Ave Nw, Grand Rapids, MI 49503

William Reid Morris

Trademark, Copyright, Intellectual Property, Collection

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625 Kenmoor Ave Se, Grand Rapids, MI 49546

Douglas A. Donnell

Lawsuit, Immigration, Environmental Law, Business, Credit & Debt

Status: Licensed: 44 Years

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900 Monroe Nw, Grand Rapids, MI 49503

Robert E. Lee Wright

Wrongful Death, Bankruptcy, Contract, Employee Rights

Status: Licensed: 45 Years

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25 Division Ave S, Grand Rapids, MI 49503

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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.

CREDIT BUREAU

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit... (more...)

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit card companies that use the information to screen applicants for loans and credit cards. There are three major credit bureaus, Equifax, Experian and Trans Union, and they are regulated by the federal Fair Credit Reporting Act.

NO-FAULT INSURANCE

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain ... (more...)

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain amount, regardless of who was at fault. The effect of no-fault insurance laws is to eliminate lawsuits in small accidents. The advantage is the prompt payment of medical bills and expenses. The downsides are that the amounts paid by no-fault policies are often not enough to fully cover a person's losses and that no-fault does not compensate for pain and suffering.

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.

FORBEARANCE

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily ... (more...)

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily postponing or reducing the borrower's payments.

TRADE NAME

The official name of a business, the one it uses on its letterhead and bank account when not dealing with consumers.

BANKRUPTCY

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are ... (more...)

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are two types of bankruptcies -- liquidation, in which your debts are wiped out (discharged) and reorganization, in which you provide the court with a plan for how you intend to repay your debts. For both consumers and business, liquidation bankruptcy is called Chapter 7. For consumers, reorganization bankruptcy is called Chapter 13. Reorganization bankruptcy for consumers with an extraordinary amount of debt and for businesses is called Chapter 11. Reorganization bankruptcy for family farmers is called Chapter 12.

LIQUIDATING PARTNER

The member of an insolvent or dissolving partnership responsible for paying the debts and settling the accounts of the partnership.

TRUTH IN LENDING ACT (TILA)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disc... (more...)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disclose the terms of a loan, including the total amount of the loan, the annual interest rate and the number, amount and due dates of all payments necessary to repay the loan. The TILA requires additional disclosures and places many restrictions on mortgages.

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Plainfield Bankruptcy & Debt Lawyer, Michigan, page 3

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

David C. Andersen

Jacob Joseph Sadler

Charles B. Covello

Jeffrey Raymond Portko

Bryan Reeder

Christian G. Krupp

Timothy L. Taylor

William Reid Morris

Douglas A. Donnell

Robert E. Lee Wright

TIPS

LEGAL TERMS

NONDISCHARGEABLE DEBTS

CREDIT BUREAU

NO-FAULT INSURANCE

DISPOSABLE INCOME

FORBEARANCE

TRADE NAME

BANKRUPTCY

LIQUIDATING PARTNER

TRUTH IN LENDING ACT (TILA)

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