Saint Clair Shores Collection Lawyer, Michigan

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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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Lyndsay S. Ott

Collection, Banking & Finance, Corporate, Real Estate

Status:

CONTACT

12900 Hall Road, Sterling Heights, MI 48313

Derek J. Brackon

Business Organization, Family Law, Collection, Wills & Probate

Status:

CONTACT

12900 Hall Road, Sterling Heights, MI 48313

Donald C. Wheaton

Trusts, Divorce, Divorce & Family Law, Collection, Medical Malpractice

Status: Licensed: 36 Years

CONTACT

Saint Clair Shores, MI 48080

Joseph Grima

Bankruptcy & Debt, Bankruptcy, Collection, Credit & Debt, Litigation

FREE CONSULTATION

CONTACT

18232 Mack Ave, Grosse Pointe, MI 48236

Patrick Edward Cahill

Traffic, Trusts, Adoption, Collection

Status: Licensed: 15 Years

CONTACT

28755 Schoenherr Rd, Warren, MI 48088

Nicole Lynn Thompson

Workers' Compensation, Contract, Collection, Wrongful Death

Status: Licensed: 23 Years

CONTACT

22461 Wildwood St, Saint Clair Shores, MI 48081

Matthew M. Bieber

Contract, Collection, Personal Injury, Social Security

Status: Licensed: 18 Years

CONTACT

26224 Van Dyke Ave, Center Line, MI 48015

Donald W. Teichman

Elder Law, Contract, Collection, Defamation & Slander

Status: Licensed: 40 Years

CONTACT

25501 Van Dyke Ave, Center Line, MI 48015

Michael Kitchen

Intellectual Property, Divorce & Family Law, Criminal, Collection

Status: Licensed: 17 Years

CONTACT

59 N Walnut St, Mount Clemens, MI 48043

Jacqueline George

International Other, Criminal, Elder Law, Collection

Status: Licensed: 49 Years

CONTACT

25300 Little Mack Ave, Saint Clair Shores, MI 48081

800-814-6700

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LEGAL TERMS

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.

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.

PRESUMED ABUSE

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means te... (more...)

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means test, the court will presume that the debtor has sufficient income to fund a Chapter 13 plan. In this situation, the debtor will not be allowed to proceed with a Chapter 7 bankruptcy unless the debtor can prove that he or she is not abusing the Chapter 7 bankruptcy remedy.

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.

BULK SALES LAW

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to ... (more...)

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to conduct a bulk sale of business assets -- that is, get rid of an unusually large amount of inventory, merchandise or equipment -- the business owner must typically publish a notice of the sale and give written notice to creditors. Then, the owner must set up an account to hold the funds from the sale for a brief period of time during which creditors may make claims against the money. The prohibition against bulk sales is spelled out in the Uniform Commercial Code -- and laws modeled on the UCC have been generally adopted throughout the country.

TOXIC TORT

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and su... (more...)

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and suffering.

CCCS

See Consumer Credit Counseling Service.

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.

PRIORITY DEBT

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13... (more...)

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13 bankruptcy. Priority debts include alimony and child support, fees owed to the trustee and the attorney in the bankruptcy case, and wages owed to employees.

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Saint Clair Shores Collection Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Lyndsay S. Ott

Derek J. Brackon

Donald C. Wheaton

Joseph Grima

Patrick Edward Cahill

Nicole Lynn Thompson

Matthew M. Bieber

Donald W. Teichman

Michael Kitchen

Jacqueline George

TIPS

LEGAL TERMS

COLLECTION AGENCY

CHAPTER 7 BANKRUPTCY

PRESUMED ABUSE

SECURED DEBT

BULK SALES LAW

TOXIC TORT

CCCS

REAFFIRMATION

PRIORITY DEBT

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