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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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Christopher G. Bovid

Corporate, Banking & Finance, Bankruptcy Litigation, Bankruptcy

Status: In Good Standing

FREE CONSULTATION

CONTACT

915 North Michigan Avenue, Howell, MI 48843

Troy Green

Credit & Debt, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

2290 E. Hill Rd., Grand Blanc, MI 48439

Marc A. Hanna

Bankruptcy

Status: In Good Standing Licensed: 42 Years

CONTACT

7263 Lobdell Rd, Linden, MI 48451

Melissa J. Houghton-Heinig

Family Law, Contract, Collection, Elder Law

Status: In Good Standing Licensed: 15 Years

CONTACT

Fowlerville, MI 48836

Susan J. Mcdonald

Agriculture, Family Law, Corporate, Bankruptcy

Status: In Good Standing Licensed: 23 Years

CONTACT

Fowlerville, MI 48836

William David Mason

Litigation, Government, Criminal, Commercial Bankruptcy

Status: In Good Standing Licensed: 40 Years

CONTACT

6893 Dunn Rd, Howell, MI 48855

John L. Gormley

Government Contract, Merger & Acquisition, Credit & Debt, Personal Injury

Status: In Good Standing

CONTACT

101 E Grand River Ave, Fowlerville, MI 48836

Mary Martha Simkins

Criminal, Collection

Status: In Good Standing Licensed: 42 Years

CONTACT

314 Victoria Park Dr, Howell, MI 48843

David E. Prine

Accident & Injury, Divorce, Divorce & Family Law, Bankruptcy

Status: In Good Standing Licensed: 37 Years

CONTACT

2130 W Grand River Ave, Howell, MI 48843

Douglas Joseph Behringer

Federal Appellate Practice, Employee Rights, Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 28 Years

CONTACT

4154 Ash Tree Ln, Howell, MI 48843

800-923-0641

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LEGAL TERMS

WORKOUT

A debtor's plan to take care of a debt, by paying it off or through loan forgiveness. Workouts are often created to avoid bankruptcy or foreclosure proceedings.

TOXIC TORT

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and su... (more...)

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and suffering.

GRACE PERIOD

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you h... (more...)

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you have to pay interest on the amount of your purchases. Cash advances, however, usually have no grace period; interest begins to accumulate from the date of the withdrawal, even if you pay your bills on time. Also, some student loans give you a grace period after graduating or dropping out of school. During this time, you are not required to make payments on your loan.

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.

WINDING UP

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, a... (more...)

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, all with the ultimate goal of liquidating or closing down a corporation or partnership.

FORBEARANCE

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily ... (more...)

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily postponing or reducing the borrower's payments.

FCRA

See Fair Credit Reporting Act.

COLLECTION AGENCY

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the d... (more...)

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the debt themselves, typically through letters (called 'dunning' letters) and telephone calls. Collection agencies are regulated by the federal Fair Debt Collection Practices Act. Unfortunately, too many collectors ignore this law.

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.

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Cohoctah Bankruptcy & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Christopher G. Bovid

Troy Green

Marc A. Hanna

Melissa J. Houghton-Heinig

Susan J. Mcdonald

William David Mason

John L. Gormley

Mary Martha Simkins

David E. Prine

Douglas Joseph Behringer

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LEGAL TERMS

WORKOUT

TOXIC TORT

GRACE PERIOD

REDEMPTION

WINDING UP

FORBEARANCE

FCRA

COLLECTION AGENCY

COSIGNER

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