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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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Timothy H. Mccarthy

Labor Law, Health Care Other, Litigation, Consumer Bankruptcy

Status: Licensed: 14 Years

CONTACT

3905 Raleigh Dr, Okemos, MI 48864

Patricia Anne Johnson

Estate, Wrongful Termination, Divorce & Family Law, Bankruptcy

Status:

CONTACT

2109 Hamilton Road, Okemos, MI 48864

David T. Bittner

Divorce, Contract, Collection, Personal Injury

Status: Licensed: 33 Years

CONTACT

710 E Grand River Ave, Howell, MI 48843

Sarah R. Prout

Family Law, Elder Law, Children's Rights, Reorganization

Status: Licensed: 27 Years

CONTACT

3893 Okemos Rd, Okemos, MI 48864

Dennis E. Path

Real Estate, Divorce & Family Law, Criminal, Administrative Law, Bankruptcy

Status: Licensed: 41 Years

CONTACT

4121 Okemos Rd, Okemos, MI 48864

Michael C. Van Huysse

Litigation, Federal Appellate Practice, Family Law, Collection

Status:

CONTACT

2160 Hamilton Rd, Okemos, MI 48864

Jennifer Michelle Pierce

Family Law, Guardianships & Conservatorships, Elder Law, Bankruptcy

Status: Licensed: 12 Years

CONTACT

2112 University Park Dr, Okemos, MI 48864

Stephen William Michael

Estate Planning, Business, Consumer Bankruptcy, Estate

Status: Licensed: 13 Years

CONTACT

1278 Silverwood Dr, Okemos, MI 48864

Mick Grewal Sr.

Real Estate, Family Law, Criminal, Bankruptcy & Debt

Status:

CONTACT

2290 Science Pkwy, Okemos, MI 48864

Charlene C. Brooks

Consumer Bankruptcy

Status: Licensed: 45 Years

CONTACT

2526 Dustin Rd, Okemos, MI 48864

800-814-6700

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LEGAL TERMS

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.

NO-FAULT INSURANCE

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain ... (more...)

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain amount, regardless of who was at fault. The effect of no-fault insurance laws is to eliminate lawsuits in small accidents. The advantage is the prompt payment of medical bills and expenses. The downsides are that the amounts paid by no-fault policies are often not enough to fully cover a person's losses and that no-fault does not compensate for pain and suffering.

CREDITOR

A person or entity (such as a bank) to whom a debt is owed.

FRAUDULENT TRANSFER

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee --... (more...)

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee -- for instance, when a debtor signs a car over to a relative to keep it out of the bankruptcy estate. Fraudulently transferred property can be recovered and sold by the trustee for the benefit of the creditors.

FAIR CREDIT REPORTING ACT (FCRA)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to a... (more...)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to adopt reasonable procedures for gathering, maintaining and disseminating information and bars credit bureaus from reporting negative information that is older than seven years, except a bankruptcy, which may be reported for ten. If you notify a credit bureau of an error in your credit report, the FCRA requires the bureau to investigate your allegations within 30 days, review all information you provide, remove inaccurate and unverified information and adopt procedures to keep the information from reappearing. In addition, the law requires that creditors refrain from reporting incorrect information to credit bureaus.

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.

CREDIT BUREAU

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit... (more...)

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit card companies that use the information to screen applicants for loans and credit cards. There are three major credit bureaus, Equifax, Experian and Trans Union, and they are regulated by the federal Fair Credit Reporting Act.

CREDIT INSURANCE

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay o... (more...)

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay off the remaining balance. Federal and state consumer protection laws require the lender to disclose to existing and potential borrowers the terms and costs of obtaining credit insurance because it can affect the terms of the loan.

SOLE PROPRIETORSHIP

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, m... (more...)

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, meaning that business profits are reported and taxed on the owner's personal tax return. Setting up a sole proprietorship is cheap and easy since no legal formation documents need be filed with any governmental agency (although tax registration and other permit and license requirements may still apply). Once you file a fictitious name statement (assuming you don't use your own name) and obtain any required basic tax permits and business licenses, you'll be in business. The main downside of a sole proprietorship is that its owner is personally liable for all business debts.

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Webberville Bankruptcy & Debt Lawyer, Michigan, page 2

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Timothy H. Mccarthy

Patricia Anne Johnson

David T. Bittner

Sarah R. Prout

Dennis E. Path

Michael C. Van Huysse

Jennifer Michelle Pierce

Stephen William Michael

Mick Grewal Sr.

Charlene C. Brooks

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LEGAL TERMS

SUBROGATION

NO-FAULT INSURANCE

CREDITOR

FRAUDULENT TRANSFER

FAIR CREDIT REPORTING ACT (FCRA)

ACCORD AND SATISFACTION

CREDIT BUREAU

CREDIT INSURANCE

SOLE PROPRIETORSHIP

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