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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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Michael Ian Tinney

Criminal, Collection

Status: Licensed: 11 Years

CONTACT

22190 Garrison St, Dearborn, MI 48124

Joseph W. Larkin

Landlord-Tenant, Contract, Collection, Medical Malpractice

Status: Licensed: 36 Years

CONTACT

33680 Five Mile Rd, Livonia, MI 48154

Patricia A. Streeter

International, Criminal, Civil Rights, Collection

Status: Licensed: 46 Years

CONTACT

480 N Canton Center Rd, Canton, MI 48187

Kathy Hoffmann Murphy

Federal Appellate Practice, Criminal, Collection, Civil Rights

Status: Licensed: 31 Years

CONTACT

Livonia, MI 48151

Kirsten E. Vestrand

Trusts, Family Law, Contract, Collection

Status: Licensed: 14 Years

CONTACT

2727 2Nd Ave, Detroit, MI 48201

Matthew Anthony Dupree

Federal Appellate Practice, Employee Rights, Administrative Law, Collection

Status: Licensed: 10 Years

CONTACT

Detroit, MI 48243

Edward Amir Bajoka

Traffic, White Collar Crime, Criminal, Collection

Status:

CONTACT

500 Griswold St, Detroit, MI 48226

Erin Renee Van Campen

Other, Federal Appellate Practice, Criminal, Collection

Status: Licensed: 13 Years

CONTACT

500 Griswold St, Detroit, MI 48226

Lawrence Stuart Talon

Criminal, Collection

Status: Licensed: 41 Years

CONTACT

1441 Saint Antoine St, Detroit, MI 48226

Linda Ann Jordan

Labor Law, Native People, Administrative Law, Collection

Status: Licensed: 10 Years

CONTACT

3026 W Grand Blvd, Detroit, MI 48202

800-814-6700

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LEGAL TERMS

TRUTH IN LENDING ACT (TILA)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disc... (more...)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disclose the terms of a loan, including the total amount of the loan, the annual interest rate and the number, amount and due dates of all payments necessary to repay the loan. The TILA requires additional disclosures and places many restrictions on mortgages.

PREFERENCE

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commer... (more...)

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commercial creditors) and within one year for insider creditors (friends, family members, and business associates). Because a preference gives the creditor who received the payment an edge over other creditors in the bankruptcy case, the trustee can recover the preference (the amount of the payment) and distribute it among all of the creditors.

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.

DISCHARGEABLE DEBTS

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bill... (more...)

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bills and medical bills. Compare nondischargeable debts.

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.

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.

TRADE DRESS

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape... (more...)

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape of Frangelico liqueur bottles. Trade dress can be protected under trademark law if a showing can be made that the average consumer would likely be confused as to product origin if another product were allowed to appear in similar dress.

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.

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.

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Taylor Collection Lawyer, Michigan, page 2

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Michael Ian Tinney

Joseph W. Larkin

Patricia A. Streeter

Kathy Hoffmann Murphy

Kirsten E. Vestrand

Matthew Anthony Dupree

Edward Amir Bajoka

Erin Renee Van Campen

Lawrence Stuart Talon

Linda Ann Jordan

TIPS

LEGAL TERMS

TRUTH IN LENDING ACT (TILA)

PREFERENCE

AUTOMATIC STAY

DISCHARGEABLE DEBTS

ACCORD AND SATISFACTION

PRIORITY DEBT

TRADE DRESS

LIMITED LIABILITY

CHAPTER 13 PLAN

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