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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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William Reid Morris

Trademark, Copyright, Intellectual Property, Collection

Status: In Good Standing

CONTACT

625 Kenmoor Ave Se, Grand Rapids, MI 49546

Amanda Marie Sneathen

Real Estate, Industry Specialties, Bankruptcy & Debt

Status: In Good Standing Licensed: 13 Years

CONTACT

1575 Arboretum Dr Se, Grand Rapids, MI 49546

Howard G. Van Den Heuvel

DUI-DWI, Corporate, Collection, Car Accident

Status: In Good Standing

CONTACT

4920 Broadmoor Ave Se, Grand Rapids, MI 49512

Edith A. Landman

Litigation, Government, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 46 Years

CONTACT

2251 East Paris Ave Se, Grand Rapids, MI 49546

Craig Faye

Business & Trade, Collection, Bankruptcy

Status: In Good Standing Licensed: 16 Years

CONTACT

2618 East Paris Avenue Se, Grand Rapids, MI 49546

Bronte Kelley Reisinger

Bankruptcy, Credit & Debt

Status: In Good Standing

CONTACT

4131 Embassy Dr Se, Grand Rapids, MI 49546

Thomas A. Bruinsma

Consumer Rights, Consumer Bankruptcy, Animal Bite, Accident & Injury

Status: In Good Standing Licensed: 34 Years

CONTACT

6812 Old 28Th St Se, Grand Rapids, MI 49546

Eliot Albert Sasson

Bankruptcy & Debt

Status: In Good Standing Licensed: 12 Years

CONTACT

2828 Kraft Ave Se, Grand Rapids, MI 49512

Anthony James Huspaska

Collection, Bankruptcy & Debt, Commercial Banks, Contract

Status: In Good Standing Licensed: 13 Years

CONTACT

2618 E Paris, Grand Rapids, MI 49546

Joseph Mohammed Jammal

Credit & Debt, Bankruptcy & Debt, Business

Status: In Good Standing Licensed: 17 Years

CONTACT

2618 E Paris Ave Se, Grand Rapids, MI 49546

800-923-0641

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LEGAL TERMS

DEBIT CARD

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can ... (more...)

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can also be used at stores to pay for goods and services in place of a check. Unlike a credit card, a debit card automatically withdraws money from your checking account at the time of the transaction. Debit cards are regulated by the Electronic Funds Transfer Act.

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.

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.

REAFFIRMATION

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing deb... (more...)

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing debt after the bankruptcy case is over. For instance, a debtor might make a reaffirmation agreement with the holder of a car note that the debtor can keep the car and must continue to pay the debt after bankruptcy.

COLLATERAL

Property that guarantees payment of a secured debt.

NONPROFIT CORPORATION

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or f... (more...)

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or for some public purpose (such as a hospital, environmental organization or literary society). Nonprofit corporations, despite the name, can make a profit, but the business cannot be designed primarily for profit-making purposes, and the profits must be used for the benefit of the organization or purpose the corporation was created to help. When a nonprofit corporation dissolves, any remaining assets must be distributed to another nonprofit, not to board members. As with for-profit corporations, directors of nonprofit corporations are normally shielded from personal liability for the organization's debts. Some nonprofit corporations qualify for a federal tax exemption under _ 501(c)(3) of the Internal Revenue Code, with the result that contributions to the nonprofit are tax deductible by their donors.

FDCPA

See Fair Debt Collections & Practices Act.

ACCORD AND SATISFACTION

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collectin... (more...)

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collecting as much money as they can from debtors who cannot pay the full amount.

PREFERENCE

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commer... (more...)

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commercial creditors) and within one year for insider creditors (friends, family members, and business associates). Because a preference gives the creditor who received the payment an edge over other creditors in the bankruptcy case, the trustee can recover the preference (the amount of the payment) and distribute it among all of the creditors.

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Saranac Bankruptcy & Debt Lawyer, Michigan, page 3

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

William Reid Morris

Amanda Marie Sneathen

Howard G. Van Den Heuvel

Edith A. Landman

Craig Faye

Bronte Kelley Reisinger

Thomas A. Bruinsma

Eliot Albert Sasson

Anthony James Huspaska

Joseph Mohammed Jammal

TIPS

LEGAL TERMS

DEBIT CARD

BANKRUPTCY

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

REAFFIRMATION

COLLATERAL

NONPROFIT CORPORATION

FDCPA

ACCORD AND SATISFACTION

PREFERENCE

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