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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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Paul J. Dillon

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Accident & Injury, Bankruptcy & Debt, Divorce & Family Law, Employment, Estate

Paul J. Dillon is the managing partner of the firm. Since 1992, Mr. Dillon maintains specialties in the fields of business law, real estate law, perso... (more)

FREE CONSULTATION

CONTACT

734-455-9000

9429 S Main St, Plymouth, MI 48170

Rochelle E. Guznack

Bankruptcy & Debt, Credit & Debt, Consumer Bankruptcy

Status: Licensed: 24 Years

FREE CONSULTATION

CONTACT

905 W Ann Arbor Trl, Plymouth, MI 48170

Daniel D. Mclean

Employee Rights, Divorce, Contract, Collection

Status: Licensed: 16 Years

CONTACT

436 N Center St, Northville, MI 48167

Robert A. Pollice

Construction, Employee Rights, Contract, Credit & Debt

Status: Licensed: 49 Years

CONTACT

302 W Main St, Northville, MI 48167

Michael Patrick Bartnicki

Contract, Construction, Traffic, Collection

Status: Licensed: 34 Years

CONTACT

134 N Main St, Plymouth, MI 48170

Karl P. Heil

Defect and Lemon Law, Motor Vehicle, Consumer Rights, Consumer Bankruptcy

Status: Licensed: 23 Years

CONTACT

801 W Ann Arbor Trl, Plymouth, MI 48170

Melissa Dawn Francis

Bankruptcy & Debt, Estate, Lawsuit & Dispute, Real Estate

Status: Licensed: 23 Years

CONTACT

44670 Ann Arbor Road West, Plymouth, MI 48170

Thomas John Schank

Corporate, Business, Bankruptcy, Bankruptcy & Debt

Status: Licensed: 49 Years

CONTACT

15811 Centennial Dr, Northville, MI 48168

David L. Mckee

Litigation, Employee Rights, Contract, Bankruptcy

Status: Licensed: 26 Years

CONTACT

45736 Sheffield Dr, Novi, MI 48374

Michael P. Hammond

Government Contract, Antitrust, Consumer Bankruptcy, Wrongful Death

Status:

CONTACT

54456 Royal Troon Dr, South Lyon, MI 48178

800-814-6700

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LEGAL TERMS

DISCHARGE (OF DEBTS)

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

FCRA

See Fair Credit Reporting Act.

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.

CREDIT COUNSELING

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Unde... (more...)

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Under the new bankruptcy law, a debtor must undergo credit counseling with an approved provider before filing for bankruptcy.

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.

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.

BANKRUPTCY

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are ... (more...)

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are two types of bankruptcies -- liquidation, in which your debts are wiped out (discharged) and reorganization, in which you provide the court with a plan for how you intend to repay your debts. For both consumers and business, liquidation bankruptcy is called Chapter 7. For consumers, reorganization bankruptcy is called Chapter 13. Reorganization bankruptcy for consumers with an extraordinary amount of debt and for businesses is called Chapter 11. Reorganization bankruptcy for family farmers is called Chapter 12.

REAFFIRMATION

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing deb... (more...)

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing debt after the bankruptcy case is over. For instance, a debtor might make a reaffirmation agreement with the holder of a car note that the debtor can keep the car and must continue to pay the debt after bankruptcy.

GARNISHMENT

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if ... (more...)

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if she loses a lawsuit filed by the creditor. Up to 25% of a person's wages can be deducted.

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Northville Bankruptcy & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Paul J. Dillon

Rochelle E. Guznack

Daniel D. Mclean

Robert A. Pollice

Michael Patrick Bartnicki

Karl P. Heil

Melissa Dawn Francis

Thomas John Schank

David L. Mckee

Michael P. Hammond

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LEGAL TERMS

DISCHARGE (OF DEBTS)

FCRA

LIABILITY

CREDIT COUNSELING

SETOFF

AUTOMATIC STAY

BANKRUPTCY

REAFFIRMATION

GARNISHMENT

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