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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.
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Jonathan C. Myers

Bankruptcy

Status: In Good Standing

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27777 Franklin Road, Southfield, MI 48034

Judith Greenstone Miller

Intellectual Property, Corporate, Banking & Finance, Bankruptcy

Status: In Good Standing

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27777 Franklin Road, Southfield, MI 48034

Alicia S. Schehr

Business Organization, Banking & Finance, Bankruptcy

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27777 Franklin Road, Southfield, MI 48034

Louis P. Rochkind

Real Estate, Business Organization, Banking & Finance, Bankruptcy

Status: In Good Standing

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27777 Franklin Road, Southfield, MI 48034

Pamela Fae Radzinski

Family Law, Divorce, Bankruptcy, Farms

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26711 Northwestern Highway, Southfield, MI 48034

Adel T. Fakhouri

Mediation, Estate Planning, Bankruptcy, Personal Injury

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FREE CONSULTATION

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26300 Telegraph Road, Southfield, MI 48033

Kyle James Bristow

Employee Rights, Contract, Collection, Wrongful Death

Status: In Good Standing

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Saint Clair, MI 48079

Kyle Bristow

Employee Rights, Contract, Collection, Wrongful Death

Status: In Good Standing

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Saint Clair, MI 48079

Robert D. Crosby

Divorce & Family Law, Collection

Status: In Good Standing

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510 Quay St, Port Huron, MI 48060

Michael G. Boucher

Medical Products & Devices, Divorce, Bankruptcy, Personal Injury

Status: In Good Standing

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302 Michigan St, Port Huron, MI 48060

800-923-0641

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LEGAL TERMS

CREDIT BUREAU

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit... (more...)

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit card companies that use the information to screen applicants for loans and credit cards. There are three major credit bureaus, Equifax, Experian and Trans Union, and they are regulated by the federal Fair Credit Reporting Act.

DISCHARGE (OF DEBTS)

A bankruptcy court's erasure of the debts of a person or business that has filed for bankruptcy.

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.

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.

DEFINED CONTRIBUTION PLAN

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount ... (more...)

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount every month, or every year, for each employee. The employer usually pays a fixed percentage of an employee's wages or salary, although sometimes the amount is a fraction of the company's profits, with the size of each employee's pension share depending on the amount of wage or salary. Upon retirement, each employee's pension is determined by how much was contributed to the fund on behalf of that employee over the years, plus whatever earnings that money has accumulated as part of the investments of the entire pension fund.

AUTOMATIC STAY

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities,... (more...)

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities, such as filing or continuing lawsuits, making written requests for payment, or notifying credit reporting bureaus of an unpaid debt.

MEANS TEST

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income ... (more...)

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income for his or her state should be allowed to file for Chapter 7 bankruptcy.

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.

CREDIT REPORT

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you m... (more...)

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you make the payments on time, as well as personal history, such as your former addresses, employment record and lawsuits in which you have been involved. An estimated 50% of all credit reports contain errors, such as accounts that don't belong to you, an incorrect account status or information reported that is older than seven years (ten years in the case of a bankruptcy).

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Smiths Creek Bankruptcy & Debt Lawyer, Michigan, page 4

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Jonathan C. Myers

Judith Greenstone Miller

Alicia S. Schehr

Louis P. Rochkind

Pamela Fae Radzinski

Adel T. Fakhouri

Kyle James Bristow

Kyle Bristow

Robert D. Crosby

Michael G. Boucher

TIPS

LEGAL TERMS

CREDIT BUREAU

DISCHARGE (OF DEBTS)

BULK SALES LAW

FRAUDULENT TRANSFER

DEFINED CONTRIBUTION PLAN

AUTOMATIC STAY

MEANS TEST

DEBT COLLECTOR

CREDIT REPORT

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