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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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Barnet George Levine

Foreclosure, Family Law, Contract, Credit & Debt

Status: In Good Standing Licensed: 10 Years

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5454 Jessalee Cir, East Lansing, MI 48823

Jessica R. Maas

Landlord-Tenant, Family Law, Elder Law, Credit & Debt

Status: In Good Standing Licensed: 11 Years

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3490 Belle Chase Way, Lansing, MI 48911

Shantell L. Rene

Contract, Agriculture, Landlord-Tenant, Credit & Debt

Status: In Good Standing Licensed: 13 Years

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6172 Brooks Landing, Dimondale, MI 48821

Justin Robert Babbitt

Social Security, Family Law, Elder Law, Credit & Debt

Status: In Good Standing Licensed: 10 Years

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2310 Jolly Oak Rd, Okemos, MI 48864

Lauren Alina Elster

Contract, Credit & Debt, Personal Injury

Status: In Good Standing Licensed: 10 Years

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4121 Okemos Rd, Okemos, MI 48864

Ryan French Beach

Foreclosure, Credit & Debt, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

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1550 E Beltline Ave Se, Grand Rapids, MI 49506

Michael J. Mcphillips

Deportation, Divorce, Elder Law, Credit & Debt

Status: In Good Standing Licensed: 42 Years

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121 W Apple St, Hastings, MI 49058

W. Jay Brown

Construction, Contract, Credit & Debt, Defamation & Slander

Status: In Good Standing

CONTACT

414 Townsend St, Midland, MI 48640

Jay W. Brown

Contract, Credit & Debt, Defamation & Slander, Construction

Status: In Good Standing Licensed: 26 Years

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414 Townsend St, Midland, MI 48640

800-923-0641

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LEGAL TERMS

REPOSSESSION

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and ... (more...)

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and has not attempted to work with the lender to resolve the problem. A repossessor can't use force to get at your car, but he can legally hot-wire it and even drive it out of your unlocked garage.

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.

FDCPA

See Fair Debt Collections & Practices Act.

INTEREST

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to ... (more...)

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to your balance. This means that if your loan or credit line has an interest rate of 8%, the holder adds 8% to the balance each year. More specifically, interest is calculated and added to your loan or credit line through a process called compounding. If interest is compounded daily, the balance will rise by 1/365th of 8% each day. If interest is compounded monthly, the balance will rise 1/12th of 8% at the start of each month.

LIMITED PARTNERSHIP

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner ... (more...)

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner or partners (called general partners) have unlimited personal liability. The key difference between a general and limited partner concerns management decision making--general partners run the business, and limited partners, who are usually passive investors, are not allowed to make day-to-day business decisions. If they do, they risk being treated as general partners with unlimited personal liability.

CREDITOR

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

WORKOUT

A debtor's plan to take care of a debt, by paying it off or through loan forgiveness. Workouts are often created to avoid bankruptcy or foreclosure proceedings.

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.

SETOFF

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a countercl... (more...)

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a counterclaim filed by a defendant in a lawsuit. Banks may try to exercise a setoff by taking money out of a deposit account to satisfy past due payments on a loan or credit card bill. Such an act is illegal under most circumstances.

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Carson City Credit & Debt Lawyer, Michigan, page 2

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Barnet George Levine

Jessica R. Maas

Shantell L. Rene

Justin Robert Babbitt

Lauren Alina Elster

Ryan French Beach

Michael J. Mcphillips

W. Jay Brown

Jay W. Brown

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LEGAL TERMS

REPOSSESSION

ACCORD AND SATISFACTION

FDCPA

INTEREST

LIMITED PARTNERSHIP

CREDITOR

WORKOUT

TRADE DRESS

SETOFF

SAMPLE LEGAL CASES

New Freedom Mtg. Corp. v. Globe Mtg. Corp.

Barth v. FIRST CONSUMER CREDIT, INC.

CHARTER ONE BANK NA v. JP Morgan Chase Bank, NA

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