Carrollton Bankruptcy & Debt Lawyer, Michigan, page 2

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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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Joseph H. Luplow

Bankruptcy & Debt, Divorce & Family Law, Business, Criminal, Estate

Status: Licensed: 38 Years

FREE CONSULTATION

CONTACT

314 N Michigan Ave, Saginaw, MI 48602

Joshua M. Reinert

Education, Litigation, Social Security, Bankruptcy, Bankruptcy & Debt

Status: Licensed: 21 Years

CONTACT

3434 Davenport Ave, Saginaw, MI 48602

Michael C. Reinert

Landlord-Tenant, Divorce & Family Law, Bankruptcy, Bankruptcy & Debt

Status: Licensed: 48 Years

CONTACT

3434 Davenport Ave, Saginaw, MI 48602

Robert Shelton

Bankruptcy

Status: Licensed: 8 Years

CONTACT

1109 Court St, Saginaw, MI 48602

Christina K. L. Walsh

Workers' Compensation, Contract, Collection, Wrongful Death

Status: Licensed: 18 Years

CONTACT

111 S Michigan Ave, Saginaw, MI 48602

Robert L. Robinson

Bankruptcy & Debt, Criminal

Status: Licensed: 18 Years

CONTACT

111 S Michigan Ave, Saginaw, MI 48602

Alfred T. Frank

Litigation, Criminal, Business, Consumer Bankruptcy

Status: Licensed: 32 Years

CONTACT

111 S Michigan Ave, Saginaw, MI 48602

Randall M. Jurrens

Collection, Litigation, Business, Criminal

Status: Licensed: 47 Years

CONTACT

111 S Michigan Ave, Saginaw, MI 48602

Michael C. Weiss

Medicare & Medicaid, Family Law, Elder Law, Credit & Debt

Status: Licensed: 47 Years

CONTACT

2 Berger Rd, Saginaw, MI 48602

Lauren Askew

Family Law, Criminal, Other, Bankruptcy

Status: Licensed: 10 Years

CONTACT

803 Court St, Saginaw, MI 48602

800-923-0641

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LEGAL TERMS

FAIR CREDIT REPORTING ACT (FCRA)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to a... (more...)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to adopt reasonable procedures for gathering, maintaining and disseminating information and bars credit bureaus from reporting negative information that is older than seven years, except a bankruptcy, which may be reported for ten. If you notify a credit bureau of an error in your credit report, the FCRA requires the bureau to investigate your allegations within 30 days, review all information you provide, remove inaccurate and unverified information and adopt procedures to keep the information from reappearing. In addition, the law requires that creditors refrain from reporting incorrect information to credit bureaus.

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.

CHAPTER 7 BANKRUPTCY

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 b... (more...)

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 bankruptcy takes from three to six months, costs about $200, and commonly requires only one trip to the courthouse.

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.

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.

COLLATERAL

Property that guarantees payment of a secured debt.

FAIR LABOR STANDARDS ACT (FLSA)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements ... (more...)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements for overtime and places restrictions on child labor.

NONPROFIT CORPORATION

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or f... (more...)

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or for some public purpose (such as a hospital, environmental organization or literary society). Nonprofit corporations, despite the name, can make a profit, but the business cannot be designed primarily for profit-making purposes, and the profits must be used for the benefit of the organization or purpose the corporation was created to help. When a nonprofit corporation dissolves, any remaining assets must be distributed to another nonprofit, not to board members. As with for-profit corporations, directors of nonprofit corporations are normally shielded from personal liability for the organization's debts. Some nonprofit corporations qualify for a federal tax exemption under _ 501(c)(3) of the Internal Revenue Code, with the result that contributions to the nonprofit are tax deductible by their donors.

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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Carrollton Bankruptcy & Debt Lawyer, Michigan, page 2

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Joseph H. Luplow

Joshua M. Reinert

Michael C. Reinert

Robert Shelton

Christina K. L. Walsh

Robert L. Robinson

Alfred T. Frank

Randall M. Jurrens

Michael C. Weiss

Lauren Askew

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LEGAL TERMS

FAIR CREDIT REPORTING ACT (FCRA)

SETOFF

CHAPTER 7 BANKRUPTCY

DEBT COLLECTOR

FORBEARANCE

COLLATERAL

FAIR LABOR STANDARDS ACT (FLSA)

NONPROFIT CORPORATION

DISCHARGE (OF DEBTS)

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