Lansing Bankruptcy & Debt Lawyer, Michigan, page 6

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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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Clinton Canady

Dispute Resolution, Criminal, Collection

Status: In Good Standing Licensed: 51 Years

CONTACT

313 W. Kalamazoo, Lansing, MI 48933

Kathy P. Fitzgerald

Consumer Rights, Consumer Bankruptcy

Status: In Good Standing Licensed: 45 Years

CONTACT

525 W Ottawa St, Lansing, MI 48933

Katharyn A. Barron

Estate Planning, Consumer Rights, Consumer Bankruptcy, Elder Law

Status: In Good Standing Licensed: 33 Years

CONTACT

525 W Ottawa St, Lansing, MI 48933

Steven H. Langschwager

Administrative Law, Collection, Federal Appellate Practice, Guardianships & Conservatorships

Status: In Good Standing Licensed: 28 Years

CONTACT

525 W Ottawa St, Lansing, MI 48933

Kurt F. Berryman

Tax, Biotechnology, Gift Taxation, Consumer Bankruptcy

Status: In Good Standing Licensed: 28 Years

CONTACT

209 N Walnut St, Lansing, MI 48933

Avar Patrice Laws-Wright

Criminal, Administrative Law, Collection, Estate Planning

Status: In Good Standing Licensed: 17 Years

CONTACT

611 W Ottawa St, Lansing, MI 48933

Cheryl L. Wykoff Pezon

Administrative Law, Workers' Compensation, Bankruptcy

Status: In Good Standing Licensed: 24 Years

CONTACT

611 W Ottawa St, Lansing, MI 48933

Maribeth L. Zeller

Criminal, Collection

Status: In Good Standing Licensed: 20 Years

CONTACT

611 W Ottawa St, Lansing, MI 48933

Jessica L. Zimbelman

Federal Appellate Practice, Criminal, Collection

Status: In Good Standing Licensed: 16 Years

CONTACT

200 N Washington Square, Lansing, MI 48933

Gary L. Rogers

Other, Federal Appellate Practice, Criminal, Collection

Status: In Good Standing Licensed: 29 Years

CONTACT

925 W Ottawa St, Lansing, MI 48915

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.

DEBT COLLECTOR

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe... (more...)

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe. Debt collectors can be relentless, often using scare tactics, humiliation and repeated phone calls to extract payments or promises to pay.

LIMITED LIABILITY

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or ... (more...)

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or a person who invests in a corporation (a shareholder) generally stands to lose only the amount of money invested in the business. This means that if the business folds, creditors cannot seize or sell an owner's home, car, or other personal assets.

LOSS DAMAGE WAIVER (LDW)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it ofte... (more...)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it often duplicates coverage provided by the renter's regular car insurance and/or the credit card she uses to rent the car. Nevertheless, hard-sell practices by rental car agents often dupe people into buying LDWs they don't really need. LDW is also called 'collision damage waiver.'

CREDIT COUNSELING

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Unde... (more...)

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Under the new bankruptcy law, a debtor must undergo credit counseling with an approved provider before filing for bankruptcy.

FRATERNAL BENEFIT SOCIETY BENEFITS

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal socie... (more...)

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal societies that provide benefits. Also called benefit society, benevolent society or mutual aid association benefits. Under bankruptcy laws, these benefits are virtually always considered exempt property.

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.

REDEMPTION

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump s... (more...)

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump sum. For example, a debtor may redeem a car note by paying the lender the amount a retail vendor would charge for the car, considering its age and condition.

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.

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Lansing Bankruptcy & Debt Lawyer, Michigan, page 6

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Clinton Canady

Kathy P. Fitzgerald

Katharyn A. Barron

Steven H. Langschwager

Kurt F. Berryman

Avar Patrice Laws-Wright

Cheryl L. Wykoff Pezon

Maribeth L. Zeller

Jessica L. Zimbelman

Gary L. Rogers

TIPS

LEGAL TERMS

FAIR CREDIT REPORTING ACT (FCRA)

DEBT COLLECTOR

LIMITED LIABILITY

LOSS DAMAGE WAIVER (LDW)

CREDIT COUNSELING

FRATERNAL BENEFIT SOCIETY BENEFITS

GARNISHMENT

REDEMPTION

REAFFIRMATION

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