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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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Fatima Mansour

Antitrust, Estate Planning, Consumer Bankruptcy, Administrative Law

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CONTACT

1361 E Big Beaver Rd, Troy, MI 48083

Anthony James Kochis

Contract, Banking & Finance, Credit & Debt, Bankruptcy

Status:

CONTACT

3150 Livernois Rd, Troy, MI 48083

Caridad Pastor Cardinale

International, Immigration, Civil Rights, Bankruptcy

Status: Licensed: 37 Years

CONTACT

575 E Big Beaver Rd, Troy, MI 48083

Michael Anderson Ohly

Estate, Consumer Rights, Business, Consumer Bankruptcy

Status: Licensed: 14 Years

CONTACT

100 W Big Beaver Rd, Troy, MI 48084

Scott P. Zochowski

Criminal, Bankruptcy & Debt, Foreclosure, Collection

Status: Licensed: 27 Years

CONTACT

100 E Big Beaver Rd, Troy, MI 48083

Kellie M. Blair

Construction, Federal Appellate Practice, Contract, Credit & Debt

Status:

CONTACT

39572 Woodward Ave, Bloomfield Hills, MI 48304

George A. Drosis

Employee Rights, Divorce, Insurance, Collection

Status:

CONTACT

101 W Big Beaver Rd, Troy, MI 48084

Norman D. Orr

Real Estate, Aviation, Contract, Credit & Debt

Status:

CONTACT

201 W Big Beaver Rd, Troy, MI 48084

Matthew I. Paletz

Landlord-Tenant, Bankruptcy

Status: Licensed: 23 Years

CONTACT

2800 Livernois Rd, Troy, MI 48083

Kim K. Hillary

Consumer Rights, Consumer Bankruptcy

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CONTACT

40950 Woodward Ave, Bloomfield Hills, MI 48304

800-814-6700

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LEGAL TERMS

REDEMPTION

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump s... (more...)

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump sum. For example, a debtor may redeem a car note by paying the lender the amount a retail vendor would charge for the car, considering its age and condition.

CYBERSQUATTING

Buying a domain name that reflects the name of a business or famous person with the intent of selling the name back to the business or celebrity for a profit. T... (more...)

Buying a domain name that reflects the name of a business or famous person with the intent of selling the name back to the business or celebrity for a profit. The Anticybersquatting Consumer Protection Act of 1999 authorizes a cybersquatting victim to file a federal lawsuit to regain a domain name or sue for financial compensation. Under the act, registering, selling or using a domain name with the intent to profit from someone else's good name is considered cybersquatting. Victims of cybersquatting can also use the provisions of the Uniform Domain Name Dispute Resolution Policy adopted by ICANN, an international tribunal administering domain names. This international policy results in arbitration of the dispute, not litigation.

COLLECTION AGENCY

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the d... (more...)

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the debt themselves, typically through letters (called 'dunning' letters) and telephone calls. Collection agencies are regulated by the federal Fair Debt Collection Practices Act. Unfortunately, too many collectors ignore this law.

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.

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.

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily fu... (more...)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily funded by voluntary donations from the creditors that receive payments from debtors repaying their debts through that office. Despite this criticism, most CCCS counselors provide clients with thorough and neutral advice.

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.

UNSECURED DEBT

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only reme... (more...)

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only remedy is to sue you and get a judgment. Compare secured debt.

LIMITED LIABILITY

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or ... (more...)

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or a person who invests in a corporation (a shareholder) generally stands to lose only the amount of money invested in the business. This means that if the business folds, creditors cannot seize or sell an owner's home, car, or other personal assets.

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Rochester Bankruptcy & Debt Lawyer, Michigan, page 4

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Fatima Mansour

Anthony James Kochis

Caridad Pastor Cardinale

Michael Anderson Ohly

Scott P. Zochowski

Kellie M. Blair

George A. Drosis

Norman D. Orr

Matthew I. Paletz

Kim K. Hillary

TIPS

LEGAL TERMS

REDEMPTION

CYBERSQUATTING

COLLECTION AGENCY

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

DEBT COLLECTOR

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

CREDIT COUNSELING

UNSECURED DEBT

LIMITED LIABILITY

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