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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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John Anthony Schipper

Employment, Labor Law, Administrative Law, Credit & Debt, Workers' Compensation

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200 E Big Beaver Rd, Troy, MI 48083

Anthony James Kochis

Contract, Banking & Finance, Credit & Debt, Bankruptcy

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3150 Livernois Rd, Troy, MI 48083

Norman D. Orr

Real Estate, Aviation, Contract, Credit & Debt

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201 W Big Beaver Rd, Troy, MI 48084

Satyam Ramubhai Talati

Litigation, Contract, Business, Credit & Debt

Status: Licensed: 24 Years

CONTACT

275 Rex Blvd, Auburn Hills, MI 48326

Kenneth L. Urwiller

Commercial Real Estate, Litigation, Administrative Law, Credit & Debt

Status: Licensed: 41 Years

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363 W Big Beaver Rd, Troy, MI 48084

Daniel J. Feko

Electronic Commerce, Credit & Debt, Bankruptcy, Health Care Other

Status: Licensed: 27 Years

CONTACT

363 W Big Beaver Rd, Troy, MI 48084

Michelle A. King

Litigation, Credit & Debt, Collection, Bankruptcy

Status: Licensed: 17 Years

CONTACT

26304 Grobbel Ave, Warren, MI 48091

Elizabeth Marie Smith

Real Estate, Credit & Debt, Bankruptcy, Bankruptcy & Debt

Status: Licensed: 24 Years

CONTACT

28405 Van Dyke Ave, Warren, MI 48093

Betsy Anne Roehl

Landlord-Tenant, Credit & Debt, Divorce, Federal Appellate Practice

Status: Licensed: 14 Years

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888 W Big Beaver Rd, Troy, MI 48084

Julie M. Skidmore

Credit & Debt, Bankruptcy, Consumer Bankruptcy

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755 W Big Beaver Rd, Troy, MI 48084

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LEGAL TERMS

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.

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.

TRADE NAME

The official name of a business, the one it uses on its letterhead and bank account when not dealing with consumers.

LIQUIDATING PARTNER

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

COLLATERAL

Property that guarantees payment of a secured debt.

ACCORD AND SATISFACTION

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collectin... (more...)

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collecting as much money as they can from debtors who cannot pay the full amount.

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.

SECURED DEBT

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collater... (more...)

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collateral, to satisfy the debt if you default. Compare unsecured debt.

401(K) PLAN

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income ... (more...)

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income taxes on the amount invested and any earnings are due until the employee withdraws money from the fund.

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Goodells Credit & Debt Lawyer, Michigan, page 3

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

John Anthony Schipper

Anthony James Kochis

Norman D. Orr

Satyam Ramubhai Talati

Kenneth L. Urwiller

Daniel J. Feko

Michelle A. King

Elizabeth Marie Smith

Betsy Anne Roehl

Julie M. Skidmore

TIPS

LEGAL TERMS

CHAPTER 13 PLAN

GUARANTEED RESERVATION

TRADE NAME

LIQUIDATING PARTNER

COLLATERAL

ACCORD AND SATISFACTION

GRACE PERIOD

SECURED DEBT

401(K) PLAN

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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