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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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Joseph M. Celello

Construction, Trademark, Contract, Collection

Status: Licensed: 13 Years

CONTACT

2801 E Beltline Ave Ne, Grand Rapids, MI 49525

Dirk L. Hoekstra

Agriculture, Labor Law, Employment, Collection

Status: Licensed: 34 Years

CONTACT

2055 S Eventide Dr Ne, Grand Rapids, MI 49505

Brian Lee Spitler

Family Law, Elder Law, Administrative Law, Collection

Status: Licensed: 11 Years

CONTACT

1155 Stokes St Ne, Grand Rapids, MI 49505

Scott Andrew Renner

Landlord-Tenant, Credit & Debt, Collection, Bankruptcy & Debt

Status: Licensed: 16 Years

CONTACT

1750 Leonard St Ne, Grand Rapids, MI 49505

Joshua Z. Kosmerick

Children's Rights, Civil Rights, Collection

Status: Licensed: 9 Years

CONTACT

1750 Leonard St Ne, Grand Rapids, MI 49505

Denise A. Baker

Collection, Consumer Bankruptcy

Status: Licensed: 30 Years

CONTACT

1750 Leonard St Ne, Grand Rapids, MI 49505

Brian L. Donovan

Bankruptcy, Estate, Real Estate, Collection

Status: Licensed: 46 Years

CONTACT

5181 Plainfield Ave Ne, Grand Rapids, MI 49525

Andrew Lawrence Kortesoja

Landlord-Tenant, International Tax, Merger & Acquisition, Collection

Status: Licensed: 12 Years

CONTACT

5366 Plainfield Ave Ne, Grand Rapids, MI 49525

Wafa Adib-Lobo

Immigration, Estate Planning, Collection, Bankruptcy

Status: Licensed: 16 Years

CONTACT

1444 Michigan St Ne, Grand Rapids, MI 49503

Tyler Ernest Osburn

Lawsuit & Dispute, Employment, Family Law, Collection

Status: Licensed: 12 Years

CONTACT

601 3 Mile Road NW, Grand Rapids, MI 49544

800-814-6700

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LEGAL TERMS

NONEXEMPT PROPERTY

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typicall... (more...)

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typically includes valuable clothing (furs) and electronic equipment, an expensive car that's been paid off and most of the equity in your house. Compare exempt property.

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.

FRAUDULENT TRANSFER

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee --... (more...)

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee -- for instance, when a debtor signs a car over to a relative to keep it out of the bankruptcy estate. Fraudulently transferred property can be recovered and sold by the trustee for the benefit of the creditors.

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.

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.

FCBA

See Fair Credit Billing Act.

TRADE NAME

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

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.

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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Plainfield Collection Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Joseph M. Celello

Dirk L. Hoekstra

Brian Lee Spitler

Scott Andrew Renner

Joshua Z. Kosmerick

Denise A. Baker

Brian L. Donovan

Andrew Lawrence Kortesoja

Wafa Adib-Lobo

Tyler Ernest Osburn

TIPS

LEGAL TERMS

NONEXEMPT PROPERTY

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

FRAUDULENT TRANSFER

UNSECURED DEBT

DISCHARGEABLE DEBTS

FCBA

TRADE NAME

ADMINISTRATIVE EXPENSES

UNDUE HARDSHIP

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