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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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Charles J. Schneider

Bankruptcy, Bankruptcy & Debt, Credit & Debt

Status: In Good Standing

CONTACT

39319 Plymouth Rd, Livonia, MI 48150

Kory Keith Shimek

Social Security, Estate Planning, Divorce, Credit & Debt

Status: In Good Standing Licensed: 10 Years

CONTACT

20300 Superior Rd, Taylor, MI 48180

Joshua Charles Castmore

Criminal, Administrative Law, Landlord-Tenant, Credit & Debt

Status: In Good Standing Licensed: 12 Years

CONTACT

2475 8Th St, Wyandotte, MI 48192

James Michael Menna

Landlord-Tenant, Trusts, Divorce, Credit & Debt

Status: In Good Standing Licensed: 24 Years

CONTACT

3173 Biddle Ave, Wyandotte, MI 48192

Matthew Brandon Mileto

Trusts, Divorce, Contract, Credit & Debt

Status: In Good Standing Licensed: 8 Years

CONTACT

2218 Biddle Ave, Wyandotte, MI 48192

Brian Gurta

Commercial Real Estate, Landlord-Tenant, Credit & Debt

Status: In Good Standing Licensed: 8 Years

CONTACT

23820 Eureka Rd, Taylor, MI 48180

Robert P. Coutts

Family Law, Criminal, Credit & Debt, Bankruptcy

Status: In Good Standing Licensed: 34 Years

CONTACT

7445 Allen Rd, Allen Park, MI 48101

Richard L. Banta

Medical Products & Devices, Divorce, Discrimination, Credit & Debt

Status: In Good Standing Licensed: 38 Years

CONTACT

78 Forest St, River Rouge, MI 48218

Lisa M. Robinson Martin

Landlord-Tenant, Credit & Debt

Status: In Good Standing

CONTACT

11129 Wayne Rd, Romulus, MI 48174

Ali Habib Moubarak

Criminal, Contract, Credit & Debt, Collection

Status: In Good Standing Licensed: 7 Years

CONTACT

1 Parklane Blvd, Dearborn, MI 48126

800-923-0641

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LEGAL TERMS

TRADE DRESS

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape... (more...)

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape of Frangelico liqueur bottles. Trade dress can be protected under trademark law if a showing can be made that the average consumer would likely be confused as to product origin if another product were allowed to appear in similar dress.

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.

CREDIT FILE

See credit report.

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.

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.

WORKOUT

A debtor's plan to take care of a debt, by paying it off or through loan forgiveness. Workouts are often created to avoid bankruptcy or foreclosure proceedings.

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.

HOUSEHOLDER

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a ho... (more...)

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a homestead exemption and possibly other exemptions relating to the maintenance of the household.

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Trenton Credit & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Charles J. Schneider

Kory Keith Shimek

Joshua Charles Castmore

James Michael Menna

Matthew Brandon Mileto

Brian Gurta

Robert P. Coutts

Richard L. Banta

Lisa M. Robinson Martin

Ali Habib Moubarak

TIPS

LEGAL TERMS

TRADE DRESS

FRAUDULENT TRANSFER

CREDIT FILE

ADMINISTRATIVE EXPENSES

GUARANTOR

INTEREST

WORKOUT

DISCHARGEABLE DEBTS

HOUSEHOLDER

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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