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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.
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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)

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800-805-1630

1 East Apple Avenue, Muskegon, MI 49442

Thomas B. Baynton

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Criminal, Bankruptcy, Divorce & Family Law, Traffic, DUI-DWI

I fight for you! Let My 29 Years of Experience Work For You!

At the Law Office of Thomas Baynton PLLC, Thomas Baynton is an experienced attorney serving the people of West Michigan. If you have been charged with... (more)

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800-920-2701

PO Box 230096, Grand Rapids, MI 49503

A. Todd Almassian

Litigation, Employment, Corporate, Bankruptcy

Status: In Good Standing

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230 East Fulton Street, Grand Rapids, MI 49503

Greg J. Ekdahl

Litigation, Business Organization, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

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230 East Fulton Street, Grand Rapids, MI 49503

James R. Oppenhuizen

Bankruptcy, Estate Planning, Family Law, Litigation

Status: In Good Standing

FREE CONSULTATION

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125 Ottawa Ave. Nw, Grand Rapids, MI 49503

James M. Keller

Corporate, Consumer Bankruptcy, Commercial Bankruptcy, Bankruptcy

Status: In Good Standing

FREE CONSULTATION

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230 East Fulton Street, Grand Rapids, MI 49503

Jon Dallas Stratman

Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

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866 3 Mile Road, N.W., Grand Rapids, MI 49544

Kelly G. Lambert

Traffic, Family Law, Divorce, Bankruptcy

Status: In Good Standing

FREE CONSULTATION

CONTACT

330 Fuller Avenue N.E., Grand Rapids, MI 49503

Michael D. Almassian

Insurance, Corporate, Credit & Debt, Bankruptcy

Status: In Good Standing

FREE CONSULTATION

CONTACT

230 East Fulton Street, Grand Rapids, MI 49503

Albert Almassian

International Tax, Business & Trade, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

230 East Fulton Street, Grand Rapids, MI 49503

800-923-0641

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LEGAL TERMS

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.

GUARANTOR

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. T... (more...)

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. The guarantor gives a 'guaranty,' which is an assurance that the debt or other obligation will be fulfilled.

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.

LIQUIDATING PARTNER

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

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.

INTEREST

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to ... (more...)

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to your balance. This means that if your loan or credit line has an interest rate of 8%, the holder adds 8% to the balance each year. More specifically, interest is calculated and added to your loan or credit line through a process called compounding. If interest is compounded daily, the balance will rise by 1/365th of 8% each day. If interest is compounded monthly, the balance will rise 1/12th of 8% at the start of each month.

CREDITOR

A person or entity (such as a bank) to whom a debt is owed.

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.

Ravenna Bankruptcy & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Kevin J. Wistrom

Thomas B. Baynton

A. Todd Almassian

Greg J. Ekdahl

James R. Oppenhuizen

James M. Keller

Jon Dallas Stratman

Kelly G. Lambert

Michael D. Almassian

Albert Almassian

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LEGAL TERMS

ADMINISTRATIVE EXPENSES

GUARANTOR

DISCHARGEABLE DEBTS

LIQUIDATING PARTNER

DISPOSABLE INCOME

INTEREST

CREDITOR

LIMITED PARTNERSHIP

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