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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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Ari M. Charlip

Real Estate, Litigation, Franchising, Banking & Finance, Bankruptcy & Debt

Status: In Good Standing

FREE CONSULTATION

CONTACT

1760 South Telegraph Road, Bloomfield Hills, MI 48302

Raymond J. Sterling

Class Action, Whistleblower, Civil Rights, Collection

Status: In Good Standing

CONTACT

33 Bloomfield Hills Parkway, Bloomfield Hills, MI 48304

Patrick N. Butler

Bankruptcy

Status: In Good Standing

CONTACT

40900 Woodward Avenue, Bloomfield Hills, MI 48304

Marilyn D. Walker

Other, Credit & Debt, Collection, Bankruptcy, Family Law

Status: In Good Standing Licensed: 43 Years

CONTACT

110 N Perry St, Pontiac, MI 48342

Barbara K. Tronstein

Consumer Rights, Consumer Bankruptcy, Labor Law, Real Estate

Status: In Good Standing Licensed: 45 Years

CONTACT

4445 N Atlantic Blvd, Auburn Hills, MI 48326

D. Chadd McKitrick

Insurance, Collection, Medical Malpractice, Employee Rights

Status: In Good Standing Licensed: 24 Years

CONTACT

2478 Lake Angelus Lane, Auburn Hills, MI 48326

Heather Marie Herbert

Social Security, Family Law, Elder Law, Bankruptcy

Status: In Good Standing Licensed: 11 Years

CONTACT

35 W Huron St, Pontiac, MI 48342

Joseph A. Niskar

Traffic, Federal Appellate Practice, Criminal, Collection

Status: In Good Standing Licensed: 28 Years

CONTACT

1 N Saginaw St, Pontiac, MI 48342

Lionel E. Bashore

Dispute Resolution, Alimony & Spousal Support, Corporate, Bankruptcy Litigation

Status: In Good Standing Licensed: 26 Years

CONTACT

17 S Saginaw St, Pontiac, MI 48342

Ian N. Coote

Motor Vehicle, Consumer Bankruptcy, Litigation

Status: In Good Standing Licensed: 15 Years

CONTACT

17 S Saginaw St, Pontiac, MI 48342

800-923-0641

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LEGAL TERMS

REPOSSESSION

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and ... (more...)

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and has not attempted to work with the lender to resolve the problem. A repossessor can't use force to get at your car, but he can legally hot-wire it and even drive it out of your unlocked garage.

CREDIT INSURANCE

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay o... (more...)

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay off the remaining balance. Federal and state consumer protection laws require the lender to disclose to existing and potential borrowers the terms and costs of obtaining credit insurance because it can affect the terms of the loan.

FAIR LABOR STANDARDS ACT (FLSA)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements ... (more...)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements for overtime and places restrictions on child labor.

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.

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.

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.

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.

CREDIT FILE

See credit report.

SETOFF

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a countercl... (more...)

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a counterclaim filed by a defendant in a lawsuit. Banks may try to exercise a setoff by taking money out of a deposit account to satisfy past due payments on a loan or credit card bill. Such an act is illegal under most circumstances.

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Auburn Hills Bankruptcy & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Ari M. Charlip

Raymond J. Sterling

Patrick N. Butler

Marilyn D. Walker

Barbara K. Tronstein

D. Chadd McKitrick

Heather Marie Herbert

Joseph A. Niskar

Lionel E. Bashore

Ian N. Coote

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LEGAL TERMS

REPOSSESSION

CREDIT INSURANCE

FAIR LABOR STANDARDS ACT (FLSA)

NO-FAULT INSURANCE

LIMITED PARTNERSHIP

DEBIT CARD

UNDUE HARDSHIP

CREDIT FILE

SETOFF

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