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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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William G. Tishkoff

Lawsuit & Dispute, Employment, Bankruptcy, Accident & Injury

Status: In Good Standing

CONTACT

407 North Main Street, Ann Arbor, MI 48104

Lloyd E. Powell

Estate Planning, Labor Law, Elder Law, Collection

Status: In Good Standing Licensed: 53 Years

CONTACT

220 E Huron St, Ann Arbor, MI 48104

Delphia T. Simpson

Government, Criminal, Collection

Status: In Good Standing Licensed: 27 Years

CONTACT

220 E Huron St, Ann Arbor, MI 48104

Daniel R. Shemke

Labor Law, Family Law, Business, Credit & Debt

Status: In Good Standing Licensed: 35 Years

CONTACT

301 N Main St, Ann Arbor, MI 48104

Sheila Spalding Blakney

Criminal, Collection

Status: In Good Standing Licensed: 37 Years

CONTACT

220 E. Huron Street, Ann Arbor, MI 48104

Paul D. Reingold

Criminal, Civil Rights, Collection, Consumer Bankruptcy

Status: In Good Standing Licensed: 47 Years

CONTACT

801 Monroe St, Ann Arbor, MI 48109

Deborah A. Labelle

Environmental Law, Civil & Human Rights, Collection, Gay & Lesbian Rights

Status: In Good Standing Licensed: 45 Years

CONTACT

221 N Main St, Ann Arbor, MI 48104

Michael J. Barnhart

Criminal, Collection

Status: In Good Standing Licensed: 56 Years

CONTACT

221 N Main St, Ann Arbor, MI 48104

Pamela Kay Blevins-Behjatnia

Consumer Rights, Elder Law, Consumer Bankruptcy

Status: In Good Standing Licensed: 19 Years

CONTACT

307 W Summit St, Ann Arbor, MI 48103

Orlando K. Simon

Consumer Bankruptcy, Criminal

Status: In Good Standing Licensed: 24 Years

CONTACT

715 N University Ave, Ann Arbor, MI 48104

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.

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.

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.

UNSECURED DEBT

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only reme... (more...)

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only remedy is to sue you and get a judgment. Compare secured debt.

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.

NUISANCE FEES

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fe... (more...)

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fees, inactivity fees and fees for not carrying a balance from month to month. It's best to shop around and get rid of cards that have these fees attached.

COSIGNER

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for t... (more...)

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for the loan or debt. Many people use cosigners to qualify for a loan or credit card. Landlords may require a cosigner when renting to a student or someone with a poor credit history.

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.

DISCHARGE (OF DEBTS)

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

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Clinton Bankruptcy & Debt Lawyer, Michigan, page 4

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

William G. Tishkoff

Lloyd E. Powell

Delphia T. Simpson

Daniel R. Shemke

Sheila Spalding Blakney

Paul D. Reingold

Deborah A. Labelle

Michael J. Barnhart

Pamela Kay Blevins-Behjatnia

Orlando K. Simon

TIPS

LEGAL TERMS

CREDIT BUREAU

SETOFF

REPOSSESSION

UNSECURED DEBT

REAFFIRMATION

NUISANCE FEES

COSIGNER

FRAUDULENT TRANSFER

DISCHARGE (OF DEBTS)

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