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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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Catherine Ann Sala

Trusts, Divorce, Contract, Bankruptcy

Status: In Good Standing Licensed: 17 Years

CONTACT

425 N Main St, Adrian, MI 49221

Charles H. Gross

Estate Planning, Bankruptcy, Dispute Resolution, Commercial Real Estate, Business

Status: In Good Standing

CONTACT

105 Brown St, Tecumseh, MI 49286

Ciara Rae McGrane

Veterans' Affairs, Family Law, Criminal, Collection

Status: In Good Standing

CONTACT

425 N Main St, Adrian, MI 49221

David George Grude

Litigation, Family Law, Collection, Personal Injury

Status: In Good Standing Licensed: 45 Years

CONTACT

7505 Summerfield Rd, Petersburg, MI 49270

Denis F. Jodis

Workers' Compensation, Contract, Bankruptcy, Medical Malpractice

Status: In Good Standing

CONTACT

216 N. Main Street, Adrian, MI 49221

Dominic N. Hamden

Landlord-Tenant, Estate Planning, Family Law, Bankruptcy

Status: In Good Standing Licensed: 20 Years

CONTACT

18 W Main St, Milan, MI 48160

Gene Thomas Borgstahl

Workers' Compensation, Corporate, Commercial Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 41 Years

CONTACT

6950 Memorial Hwy, Ottawa Lake, MI 49267

Jacob Conrad Bender

Social Security, Workers' Compensation, Reinsurance, Bankruptcy

Status: In Good Standing Licensed: 10 Years

CONTACT

Adrian, MI 49221

John Deku

Real Estate, Estate, Criminal, Bankruptcy & Debt, Car Accident

Status: In Good Standing

CONTACT

8336 Monroe Road, Lambertville, MI 48144

Kathryn M. Mohr

Agriculture, Estate, Corporate, Commercial Bankruptcy

Status: In Good Standing Licensed: 37 Years

CONTACT

7251 Ford Hwy, Tecumseh, MI 49286

800-923-0641

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LEGAL TERMS

FAIR CREDIT REPORTING ACT (FCRA)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to a... (more...)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to adopt reasonable procedures for gathering, maintaining and disseminating information and bars credit bureaus from reporting negative information that is older than seven years, except a bankruptcy, which may be reported for ten. If you notify a credit bureau of an error in your credit report, the FCRA requires the bureau to investigate your allegations within 30 days, review all information you provide, remove inaccurate and unverified information and adopt procedures to keep the information from reappearing. In addition, the law requires that creditors refrain from reporting incorrect information to credit bureaus.

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.

FDCPA

See Fair Debt Collections & Practices Act.

COLLATERAL

Property that guarantees payment of a secured debt.

FCRA

See Fair Credit Reporting Act.

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.

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemp... (more...)

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemptible because it has been damaged or destroyed.

FCBA

See Fair Credit Billing Act.

BULK SALES LAW

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to ... (more...)

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to conduct a bulk sale of business assets -- that is, get rid of an unusually large amount of inventory, merchandise or equipment -- the business owner must typically publish a notice of the sale and give written notice to creditors. Then, the owner must set up an account to hold the funds from the sale for a brief period of time during which creditors may make claims against the money. The prohibition against bulk sales is spelled out in the Uniform Commercial Code -- and laws modeled on the UCC have been generally adopted throughout the country.

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Blissfield Bankruptcy & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Catherine Ann Sala

Charles H. Gross

Ciara Rae McGrane

David George Grude

Denis F. Jodis

Dominic N. Hamden

Gene Thomas Borgstahl

Jacob Conrad Bender

John Deku

Kathryn M. Mohr

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LEGAL TERMS

FAIR CREDIT REPORTING ACT (FCRA)

INTEREST

FDCPA

COLLATERAL

FCRA

PREFERENCE

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

FCBA

BULK SALES LAW

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