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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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Alec Scott Gibbs

Military & Veterans Appeals, Employee Rights, Criminal, Civil Rights, Commercial Bankruptcy

Status: In Good Standing Licensed: 15 Years

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717 S. Grand Traverse Street, Flint, MI 48502

Allan M. Darish

Bankruptcy & Debt, Real Estate, Estate, Power of Attorney

Status: In Good Standing Licensed: 40 Years

FREE CONSULTATION

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110 Trealout Dr., Fenton, MI 48430

Andrew Campbell

Credit & Debt, Consumer Rights, Contract, Sexual Harassment, Wrongful Termination

Status: In Good Standing Licensed: 19 Years

FREE CONSULTATION

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5080 W. Bristol Road, Flint, MI 48507

Anthony Yacoub Abueita

Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

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702 Church St, Flint, MI 48502

Brian E Wheeler

Foreclosure, Family Law, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

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1901 Colchester Road, Flint, MI 48503

Bruce R. Redman

Landlord-Tenant, Estate Planning, Contract, Credit & Debt

Status: In Good Standing Licensed: 32 Years

CONTACT

5161 Gateway Ctr, Grand Blanc, MI 48507

Cristine Wasserman Rathe

Real Estate Other, Labor Law, Divorce & Family Law, Bankruptcy, Personal Injury

Status: In Good Standing

CONTACT

717 S Grand Traverse St, Flint, MI 48502

Darlene Kristin Fawkes Pettit

Government, Religious Discrimination, Collection, Bankruptcy & Debt

Status: In Good Standing Licensed: 18 Years

CONTACT

624 S Grand Traverse St, Flint, MI 48502

Dawn Marie Weier

Conveyancing, DUI-DWI, Contract, Credit & Debt

Status: In Good Standing Licensed: 23 Years

CONTACT

2387 S Linden Rd, Flint, MI 48532

Edward H. Powers

Construction, Mediation, Contract, Credit & Debt

Status: In Good Standing Licensed: 57 Years

CONTACT

1071 Briarcliffe Drive, Flint, MI 48532

800-923-0641

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LEGAL TERMS

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.

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.

CHAPTER 13 PLAN

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to ... (more...)

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to pay all mandatory debts -- for example, back child support, taxes, and mortgage arrearages -- as well as some or all unsecured, nonpriority debts, such as medical and credit card bills.

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.

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.

DOING BUSINESS AS (DBA)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or ... (more...)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or similar document with the appropriate agency -- for example, the county clerk. This enables consumers to discover the names of the business owners, which is important if a consumer needs to sue the business.

DISCHARGE (OF DEBTS)

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

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.

LIABILITY

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pi... (more...)

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pipe bursts the day after Paul installs it, ruining the bathroom floor. This raises the issue of liability: Who is responsible for the damage? Peri claims that Paul is responsible, and sues him for the cost of hiring another plumber to fix the pipe and replacing the floor. Paul, in turn, claims that the pipe manufacturer is responsible, because they supplied him with faulty materials. Both Peri and Paul must prove their claims in court; if Paul and/or the manufacturer is found liable, one or both will have to pay damages to Peri. (2) Something for which a person is liable. For example, a debt is often called a liability.

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Gaines Bankruptcy & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Alec Scott Gibbs

Allan M. Darish

Andrew Campbell

Anthony Yacoub Abueita

Brian E Wheeler

Bruce R. Redman

Cristine Wasserman Rathe

Darlene Kristin Fawkes Pettit

Dawn Marie Weier

Edward H. Powers

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LEGAL TERMS

AUTOMATIC STAY

PREFERENCE

CHAPTER 13 PLAN

FORBEARANCE

CREDIT BUREAU

DOING BUSINESS AS (DBA)

DISCHARGE (OF DEBTS)

COSIGNER

LIABILITY

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