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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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Christopher Eugene Frank

Credit & Debt, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 21 Years

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Royal Oak, MI 48068

Laura H. Mcmahon Lynch

Contract, Credit & Debt, Election & Political, Trusts

Status: In Good Standing Licensed: 41 Years

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252 Lewiston Rd, Grosse Pointe, MI 48236

Scott Donovan Skinner

Landlord-Tenant, Estate Planning, Business, Credit & Debt

Status: In Good Standing Licensed: 11 Years

CONTACT

26711 Woodward Ave, Huntington Woods, MI 48070

Robert P. Coutts

Family Law, Criminal, Credit & Debt, Bankruptcy

Status: In Good Standing Licensed: 34 Years

CONTACT

7445 Allen Rd, Allen Park, MI 48101

Elaine W. Mardirosian

Landlord-Tenant, Real Estate, Family Medical Leave Act (FMLA), Credit & Debt

Status: In Good Standing Licensed: 43 Years

CONTACT

1373 Balfour St, Grosse Pointe, MI 48230

Herman G. Petzold

Gift Taxation, Reinsurance, Corporate, Credit & Debt

Status: In Good Standing Licensed: 36 Years

CONTACT

19641 Mack Ave, Grosse Pointe, MI 48236

Ian Sean Bolton

Construction, Banking & Finance, Credit & Debt, Defamation & Slander

Status: In Good Standing

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24361 Greenfield Rd, Southfield, MI 48075

Ian Sean Bolton

Construction, Banking & Finance, Credit & Debt, Defamation & Slander

Status: In Good Standing

CONTACT

24361 Greenfield Rd, Southfield, MI 48075

James Michael Menna

Landlord-Tenant, Trusts, Divorce, Credit & Debt

Status: In Good Standing Licensed: 24 Years

CONTACT

3173 Biddle Ave, Wyandotte, MI 48192

Brenda J. Richard

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

Status: In Good Standing Licensed: 28 Years

CONTACT

23133 Woodward Ave, Ferndale, MI 48220

800-923-0641

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LEGAL TERMS

CYBERSQUATTING

Buying a domain name that reflects the name of a business or famous person with the intent of selling the name back to the business or celebrity for a profit. T... (more...)

Buying a domain name that reflects the name of a business or famous person with the intent of selling the name back to the business or celebrity for a profit. The Anticybersquatting Consumer Protection Act of 1999 authorizes a cybersquatting victim to file a federal lawsuit to regain a domain name or sue for financial compensation. Under the act, registering, selling or using a domain name with the intent to profit from someone else's good name is considered cybersquatting. Victims of cybersquatting can also use the provisions of the Uniform Domain Name Dispute Resolution Policy adopted by ICANN, an international tribunal administering domain names. This international policy results in arbitration of the dispute, not litigation.

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.

FDCPA

See Fair Debt Collections & Practices Act.

CREDITOR

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

WINDING UP

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, a... (more...)

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, all with the ultimate goal of liquidating or closing down a corporation or partnership.

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.

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.

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.

GARNISHMENT

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if ... (more...)

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if she loses a lawsuit filed by the creditor. Up to 25% of a person's wages can be deducted.

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Detroit Credit & Debt Lawyer, Michigan, page 3

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Christopher Eugene Frank

Laura H. Mcmahon Lynch

Scott Donovan Skinner

Robert P. Coutts

Elaine W. Mardirosian

Herman G. Petzold

Ian Sean Bolton

Ian Sean Bolton

James Michael Menna

Brenda J. Richard

TIPS

LEGAL TERMS

CYBERSQUATTING

PRIORITY DEBT

FDCPA

CREDITOR

WINDING UP

GENERAL PARTNER

PRESUMED ABUSE

CREDIT INSURANCE

GARNISHMENT

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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