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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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Eldon J Vincent

International Tax, Trusts, Antitrust, Credit & Debt

Status: Licensed: 22 Years

CONTACT

Marshall, MI 49068

Jessica R. Maas

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

Status: Licensed: 12 Years

CONTACT

3490 Belle Chase Way, Lansing, MI 48911

Sean Francis Corsini

Family Law, Contract, Credit & Debt, Personal Injury

Status: Licensed: 12 Years

CONTACT

1893 W Maumee St, Adrian, MI 49221

Justin Robert Babbitt

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

Status: Licensed: 11 Years

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2310 Jolly Oak Rd, Okemos, MI 48864

Wesley E. Harper

Divorce, Elder Law, Contract, Credit & Debt

Status:

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2109 Hamilton Rd, Okemos, MI 48864

Daniel J. Hude

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

Status: Licensed: 16 Years

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Lansing, MI 48909

Lauren Alina Elster

Contract, Credit & Debt, Personal Injury

Status: Licensed: 11 Years

CONTACT

4121 Okemos Rd, Okemos, MI 48864

Andrew J. Gerdes

Real Estate, Business, Credit & Debt, Collection

Status: Licensed: 33 Years

CONTACT

416 N Homer St, Lansing, MI 48912

Katharine M. Hude

Landlord-Tenant, Entertainment, Contract, Credit & Debt

Status: Licensed: 16 Years

CONTACT

824 N Capitol Ave, Lansing, MI 48906

Barnet George Levine

Foreclosure, Family Law, Contract, Credit & Debt

Status: Licensed: 11 Years

CONTACT

5454 Jessalee Cir, East Lansing, MI 48823

800-814-6700

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LEGAL TERMS

GARNISHMENT

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if ... (more...)

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if she loses a lawsuit filed by the creditor. Up to 25% of a person's wages can be deducted.

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.

FDCPA

See Fair Debt Collections & Practices Act.

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.

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.

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.

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.

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.

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.

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Spring Arbor Credit & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Eldon J Vincent

Jessica R. Maas

Sean Francis Corsini

Justin Robert Babbitt

Wesley E. Harper

Daniel J. Hude

Lauren Alina Elster

Andrew J. Gerdes

Katharine M. Hude

Barnet George Levine

TIPS

LEGAL TERMS

GARNISHMENT

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

FDCPA

LIMITED PARTNERSHIP

DISCHARGEABLE DEBTS

PRESUMED ABUSE

NONDISCHARGEABLE DEBTS

UNSECURED DEBT

NO-FAULT INSURANCE

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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