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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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Michael D. Almassian

Insurance, Corporate, Credit & Debt, Bankruptcy

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FREE CONSULTATION

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230 East Fulton Street, Grand Rapids, MI 49503

Beth A. Striegle

Land Use & Zoning, Family Law, Contract, Credit & Debt

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CONTACT

400 Ann St Nw, Grand Rapids, MI 49504

Mark C. Miller

Employee Rights, Contract, Credit & Debt, Personal Injury

Status: Licensed: 20 Years

CONTACT

20 E Main St, Fremont, MI 49412

Denise D. Twinney

Business, Credit & Debt, Bankruptcy, Bankruptcy & Debt

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CONTACT

300 Ottawa Ave Nw, Grand Rapids, MI 49503

Harold E. Nelson

Real Estate, Banking & Finance, Credit & Debt, Bankruptcy

Status: Licensed: 48 Years

CONTACT

55 Campau Ave Nw, Grand Rapids, MI 49503

Michael David Almassian

Litigation, Corporate, Credit & Debt, Bankruptcy

Status: Licensed: 24 Years

CONTACT

230 E Fulton Street, Grand Rapids, MI 49503

Brian E. Kersey

Electronic Commerce, Aviation, Business, Credit & Debt

Status: Licensed: 25 Years

CONTACT

99 Monroe Ave Nw, Grand Rapids, MI 49503

Michael J. Huff

Real Estate, Entertainment, Contract, Credit & Debt

Status: Licensed: 12 Years

CONTACT

900 Monroe Avenue N.W., Grand Rapids, MI 49503

Mark Alan Powers

Litigation, Trusts, Merger & Acquisition, Credit & Debt

Status: Licensed: 29 Years

CONTACT

Grand Haven, MI 49417

Michael Anthony Spencer

Contract, Landlord-Tenant, Credit & Debt, Trusts

Status: Licensed: 12 Years

CONTACT

-, Grand Rapids, MI 49503

800-814-6700

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LEGAL TERMS

LOSS DAMAGE WAIVER (LDW)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it ofte... (more...)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it often duplicates coverage provided by the renter's regular car insurance and/or the credit card she uses to rent the car. Nevertheless, hard-sell practices by rental car agents often dupe people into buying LDWs they don't really need. LDW is also called 'collision damage waiver.'

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.

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working fo... (more...)

A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working for collection agencies. The law does not apply to creditors collecting their own debts. This law has greatly improved conditions for debtors, although more than a few debt collectors ignore the law. If a collection agency violates the law, debtors can contact the Federal Trade Commission for help.

LIQUIDATING PARTNER

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

FAIR CREDIT BILLING ACT (FCBA)

A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days af... (more...)

A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days after it mailed the bill to you. The company must then correct the mistake, or at least acknowledge receipt of your letter within 30 days, and must correct the error within 90 days or explain why it believes the credit card statement is correct.

SUBROGATION

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off i... (more...)

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off its injured claimant takes the legal rights the claimant has against a third party that caused the injury, and sues that third party.

CREDIT FILE

See credit report.

LIMITED PARTNERSHIP

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner ... (more...)

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner or partners (called general partners) have unlimited personal liability. The key difference between a general and limited partner concerns management decision making--general partners run the business, and limited partners, who are usually passive investors, are not allowed to make day-to-day business decisions. If they do, they risk being treated as general partners with unlimited personal liability.

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.

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Casnovia Credit & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Michael D. Almassian

Beth A. Striegle

Mark C. Miller

Denise D. Twinney

Harold E. Nelson

Michael David Almassian

Brian E. Kersey

Michael J. Huff

Mark Alan Powers

Michael Anthony Spencer

TIPS

LEGAL TERMS

LOSS DAMAGE WAIVER (LDW)

WORKOUT

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

LIQUIDATING PARTNER

FAIR CREDIT BILLING ACT (FCBA)

SUBROGATION

CREDIT FILE

LIMITED PARTNERSHIP

CHAPTER 7 BANKRUPTCY

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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