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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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Phillip A. Greenblatt

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Credit & Debt, Identity Theft, Business

I can resolve your debt collection problems. I stop or minimize the prospect of garnishment of your wages and assets. I aggressively defend client'... (more)

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248-227-7350

Phillip A. Greenblatt, PLLC, Southfield, MI 48037

Sandra K. Alexander

Real Estate, Estate Planning, Business, Credit & Debt

Status: In Good Standing

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7125 Orchard Lake Road, West Bloomfield, MI 48322

Jerrilann S. Danton

Bankruptcy, Consumer Bankruptcy, Credit & Debt, Workout

Status: In Good Standing

FREE CONSULTATION

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29777 Telegraph Road, Southfield, MI 48034

J. Kyle Guthrie

Corporate, Credit & Debt, Employment, Real Estate

Status: In Good Standing

FREE CONSULTATION

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4050 W Maple Rd Ste 108, Bloomfield Hills, MI 48301

Sheryl A. Shoebottom

Bankruptcy, Collection, Credit & Debt, Tax

Status: In Good Standing

FREE CONSULTATION

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30161 Southfield Road, Southfield, MI 48076

Troy Green

Credit & Debt, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

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2290 E. Hill Rd., Grand Blanc, MI 48439

Stephen John Galgan

Labor Law, Elder Law, Contract, Credit & Debt

Status: In Good Standing Licensed: 13 Years

CONTACT

335 Steinbach Rd, Chelsea, MI 48118

Jennifer L. Lawrence

Litigation, Estate Planning, Family Law, Credit & Debt

Status: In Good Standing Licensed: 15 Years

CONTACT

4844 Jackson Rd, Ann Arbor, MI 48103

Stacey L. Dinser-Hohl

Employee Rights, Family Law, Contract, Credit & Debt

Status: In Good Standing Licensed: 24 Years

CONTACT

Hamburg, MI 48139

Sharifa Kerene Moore

Social Security, Family Law, Divorce, Credit & Debt

Status: In Good Standing Licensed: 18 Years

CONTACT

101 E Huron St, Ann Arbor, MI 48104

800-923-0641

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LEGAL TERMS

GRACE PERIOD

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you h... (more...)

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you have to pay interest on the amount of your purchases. Cash advances, however, usually have no grace period; interest begins to accumulate from the date of the withdrawal, even if you pay your bills on time. Also, some student loans give you a grace period after graduating or dropping out of school. During this time, you are not required to make payments on your loan.

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.

INFRINGEMENT (OF TRADEMARK)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringeme... (more...)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringement turns on whether the defendant's use causes a likelihood of confusion in the average consumer. If a court determines that the average consumer would be confused, the owner of the original mark can prevent the other's use of the infringing mark and sometimes collect damages.

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.

NUISANCE FEES

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fe... (more...)

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fees, inactivity fees and fees for not carrying a balance from month to month. It's best to shop around and get rid of cards that have these fees attached.

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.

CHAPTER 13 BANKRUPTCY

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your inc... (more...)

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your income to pay all or a portion of the debts over three to five years. The minimum amount you must pay is roughly equal to the value of your nonexempt property. In addition, you must pledge your disposable net income -- after subtracting reasonable expenses -- for the period during which you are making payments. At the end of the three-to five-year period, the balance of what you owe on most debts is erased.

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.

TOXIC TORT

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and su... (more...)

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and suffering.

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Dexter Credit & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Phillip A. Greenblatt

Sandra K. Alexander

Jerrilann S. Danton

J. Kyle Guthrie

Sheryl A. Shoebottom

Troy Green

Stephen John Galgan

Jennifer L. Lawrence

Stacey L. Dinser-Hohl

Sharifa Kerene Moore

TIPS

LEGAL TERMS

GRACE PERIOD

SETOFF

INFRINGEMENT (OF TRADEMARK)

WINDING UP

NUISANCE FEES

PRIORITY DEBT

CHAPTER 13 BANKRUPTCY

FRAUDULENT TRANSFER

TOXIC TORT

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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