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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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Troy Green

Credit & Debt, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

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

Maynard F. Newman

Construction, Federal Appellate Practice, Contract, Credit & Debt

Status: In Good Standing Licensed: 22 Years

CONTACT

10801 S Saginaw St, Grand Blanc, MI 48439

David R. Shook

Contract, Business, Credit & Debt, Collection

Status: In Good Standing Licensed: 31 Years

CONTACT

6480 Citation Dr, Clarkston, MI 48346

Seth Lantz Neblock

Landlord-Tenant, Elder Law, Contract, Credit & Debt

Status: In Good Standing Licensed: 12 Years

CONTACT

436 S Saginaw St, Flint, MI 48502

Ryan Mahlon Moldovan

Other, Credit & Debt, Consumer Bankruptcy, Commercial Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

189 W Clarkston Rd, Lake Orion, MI 48362

Dawn Marie Weier

Conveyancing, DUI-DWI, Contract, Credit & Debt

Status: In Good Standing Licensed: 23 Years

CONTACT

2387 S Linden Rd, Flint, MI 48532

Jacob Daniel High

Landlord-Tenant, Traffic, Civil Rights, Credit & Debt

Status: In Good Standing Licensed: 12 Years

CONTACT

6440 Lake Meadow Dr, Waterford, MI 48327

Edward H. Powers

Construction, Mediation, Contract, Credit & Debt

Status: In Good Standing Licensed: 57 Years

CONTACT

1071 Briarcliffe Drive, Flint, MI 48532

Alaina M. Zanke-Jodway

Family Law, Civil Rights, Insurance, Credit & Debt

Status: In Good Standing Licensed: 32 Years

CONTACT

Rochester, MI 48308

Manvinder S. Talwar

Federal Appellate Practice, Criminal, Contract, Credit & Debt

Status: In Good Standing Licensed: 24 Years

CONTACT

511 Olde Towne Rd, Rochester, MI 48308

800-923-0641

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LEGAL TERMS

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).

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.

GUARANTEED RESERVATION

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehic... (more...)

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehicle for you no matter when you show up. If you have a guaranteed reservation with a hotel, it must provide you with a room, either at that hotel or at another comparable establishment. If you have a guaranteed reservation with a car agency, it must provide you with a vehicle. The downside of a guaranteed reservation is that if you don't show up and haven't cancelled your reservation, you will be billed for one night in the room or one day's use of the vehicle.

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.

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.

LIQUIDATING PARTNER

The member of an insolvent or dissolving partnership responsible for paying the debts and settling the accounts of the partnership.

FDCPA

See Fair Debt Collections & Practices Act.

CURRENT MONTHLY INCOME

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding... (more...)

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding the bankruptcy filing. The debtor's current monthly income is used to determine whether the debtor can file for Chapter 7 bankruptcy, among other things.

SOLE PROPRIETORSHIP

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, m... (more...)

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, meaning that business profits are reported and taxed on the owner's personal tax return. Setting up a sole proprietorship is cheap and easy since no legal formation documents need be filed with any governmental agency (although tax registration and other permit and license requirements may still apply). Once you file a fictitious name statement (assuming you don't use your own name) and obtain any required basic tax permits and business licenses, you'll be in business. The main downside of a sole proprietorship is that its owner is personally liable for all business debts.

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Goodrich Credit & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Troy Green

Maynard F. Newman

David R. Shook

Seth Lantz Neblock

Ryan Mahlon Moldovan

Dawn Marie Weier

Jacob Daniel High

Edward H. Powers

Alaina M. Zanke-Jodway

Manvinder S. Talwar

TIPS

LEGAL TERMS

CREDIT REPORT

AUTOMATIC STAY

GUARANTEED RESERVATION

DEBT COLLECTOR

SETOFF

LIQUIDATING PARTNER

FDCPA

CURRENT MONTHLY INCOME

SOLE PROPRIETORSHIP

SAMPLE LEGAL CASES

New Freedom Mtg. Corp. v. Globe Mtg. Corp.

Barth v. FIRST CONSUMER CREDIT, INC.

CHARTER ONE BANK NA v. JP Morgan Chase Bank, NA

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