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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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Thomas Paluchniak

Collection, Consumer Bankruptcy, Commercial Bankruptcy, Bankruptcy

Status:

CONTACT

712 Stanley St, Ypsilanti, MI 48198

Margaret M. S. Noe

Dispute Resolution, Family Law, Criminal, Collection

Status: Licensed: 40 Years

CONTACT

147 N Main St, Adrian, MI 49221

Jack F. Simms

Criminal, Collection

Status: Licensed: 46 Years

CONTACT

878 N Ann Arbor St, Saline, MI 48176

Stuart M. Collis

Family Law, Divorce, Criminal, Business, Collection

Status: Licensed: 29 Years

CONTACT

1851 Washtenaw, Ypsilanti, MI 48197

Neil A. Gudsen

Landlord-Tenant, Biotechnology, Contract, Collection

Status: Licensed: 39 Years

CONTACT

377 Castlebury Dr, Saline, MI 48176

Stephen J. Smith

Workers' Compensation, Contract, Collection, Wrongful Death

Status: Licensed: 52 Years

CONTACT

8841 Macomb St, Grosse Ile, MI 48138

David A. Santacroce

Litigation, Lawsuit & Dispute, Collection, Consumer Bankruptcy

Status: Licensed: 33 Years

CONTACT

801 Monroe St, Ann Arbor, MI 48109

Aaron Daniel Cox

Commercial Real Estate, Landlord-Tenant, Family Law, Collection

Status: Licensed: 19 Years

CONTACT

23820 Eureka Rd, Taylor, MI 48180

Delphia T. Simpson

Government, Criminal, Collection

Status: Licensed: 27 Years

CONTACT

220 E Huron St, Ann Arbor, MI 48104

Lloyd E. Powell

Estate Planning, Labor Law, Elder Law, Collection

Status: Licensed: 53 Years

CONTACT

220 E Huron St, Ann Arbor, MI 48104

800-814-6700

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LEGAL TERMS

LIQUIDATING PARTNER

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

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.

DEFINED CONTRIBUTION PLAN

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount ... (more...)

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount every month, or every year, for each employee. The employer usually pays a fixed percentage of an employee's wages or salary, although sometimes the amount is a fraction of the company's profits, with the size of each employee's pension share depending on the amount of wage or salary. Upon retirement, each employee's pension is determined by how much was contributed to the fund on behalf of that employee over the years, plus whatever earnings that money has accumulated as part of the investments of the entire pension fund.

COSIGNER

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for t... (more...)

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for the loan or debt. Many people use cosigners to qualify for a loan or credit card. Landlords may require a cosigner when renting to a student or someone with a poor credit history.

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.

SUBROGATION

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off i... (more...)

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off its injured claimant takes the legal rights the claimant has against a third party that caused the injury, and sues that third party.

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.

CREDIT REPORT

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you m... (more...)

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you make the payments on time, as well as personal history, such as your former addresses, employment record and lawsuits in which you have been involved. An estimated 50% of all credit reports contain errors, such as accounts that don't belong to you, an incorrect account status or information reported that is older than seven years (ten years in the case of a bankruptcy).

GENERAL PARTNER

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the... (more...)

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the business's debts and obligations. A general partner's actions can legally bind the entire business. See also partnership, limited partnership.

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Temperance Collection Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Thomas Paluchniak

Margaret M. S. Noe

Jack F. Simms

Stuart M. Collis

Neil A. Gudsen

Stephen J. Smith

David A. Santacroce

Aaron Daniel Cox

Delphia T. Simpson

Lloyd E. Powell

TIPS

LEGAL TERMS

LIQUIDATING PARTNER

ACCORD AND SATISFACTION

DEFINED CONTRIBUTION PLAN

COSIGNER

COLLECTION AGENCY

SUBROGATION

AUTOMATIC STAY

CREDIT REPORT

GENERAL PARTNER

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