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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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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

John Joseph Stockdale

Banking & Finance, Business, Credit & Debt, Bankruptcy

Status: In Good Standing

CONTACT

40950 Woodward Ave, Bloomfield Hills, MI 48304

Kim K. Hillary

Consumer Rights, Consumer Bankruptcy

Status: In Good Standing

CONTACT

40950 Woodward Ave, Bloomfield Hills, MI 48304

Nathan Resnick

Municipal, Wills & Probate, Business, Bankruptcy

Status: In Good Standing

CONTACT

40900 Woodward Ave, Bloomfield Hills, MI 48304

Eric Richard Bowden

Labor Law, Consumer Rights, Consumer Bankruptcy, Business

Status: In Good Standing

CONTACT

40701 Woodward Ave, Bloomfield Hills, MI 48304

William S. Weiler

Federal Appellate Practice, Family Law, Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 39 Years

CONTACT

2850 Warner Dr, West Bloomfield, MI 48324

Keith Allan Wuotinen

Federal Appellate Practice, Labor Law, Criminal, Consumer Bankruptcy

Status: In Good Standing Licensed: 23 Years

CONTACT

6689 Orchard Lake Rd, West Bloomfield, MI 48322

Laura C. Baucus

Real Estate, Litigation, Lawsuit & Dispute, Consumer Bankruptcy

Status: In Good Standing Licensed: 24 Years

CONTACT

39577 Woodward Ave, Bloomfield Hills, MI 48304

Yvette Rivas Diamond

Commercial Real Estate, Business & Trade, Consumer Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 33 Years

CONTACT

3856 Quarton Rd, Bloomfield Hills, MI 48302

Gary D. Siegel

Bankruptcy

Status: In Good Standing Licensed: 46 Years

CONTACT

2893 Dixie Hwy, Waterford, MI 48328

Stanton L. Walker

Litigation, Estate Planning, Business, Consumer Bankruptcy

Status: In Good Standing Licensed: 58 Years

CONTACT

2850 Dixie Hwy, Waterford, MI 48328

800-923-0641

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LEGAL TERMS

CREDIT COUNSELING

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Unde... (more...)

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Under the new bankruptcy law, a debtor must undergo credit counseling with an approved provider before filing for bankruptcy.

CHAPTER 13 PLAN

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to ... (more...)

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to pay all mandatory debts -- for example, back child support, taxes, and mortgage arrearages -- as well as some or all unsecured, nonpriority debts, such as medical and credit card bills.

LIEN

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortg... (more...)

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortgages, home equity loans, car loans and personal loans for which you pledge property to guarantee repayment. Liens created without your consent are called nonconsensual liens, and include judgment liens (liens filed by a creditor who has sued you and obtained a judgment), tax liens and mechanics liens (liens filed by a contractor who worked on your house but wasn't paid).

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.

DISCHARGEABLE DEBTS

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bill... (more...)

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bills and medical bills. Compare nondischargeable debts.

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.

FORBEARANCE

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily ... (more...)

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily postponing or reducing the borrower's payments.

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.

TRUTH IN LENDING ACT (TILA)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disc... (more...)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disclose the terms of a loan, including the total amount of the loan, the annual interest rate and the number, amount and due dates of all payments necessary to repay the loan. The TILA requires additional disclosures and places many restrictions on mortgages.

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Keego Harbor Bankruptcy Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

John Joseph Stockdale

Kim K. Hillary

Nathan Resnick

Eric Richard Bowden

William S. Weiler

Keith Allan Wuotinen

Laura C. Baucus

Yvette Rivas Diamond

Gary D. Siegel

Stanton L. Walker

TIPS

LEGAL TERMS

CREDIT COUNSELING

CHAPTER 13 PLAN

LIEN

NUISANCE FEES

DISCHARGEABLE DEBTS

WORKOUT

FORBEARANCE

GENERAL PARTNER

TRUTH IN LENDING ACT (TILA)

SAMPLE LEGAL CASES

RDM Holdings, Ltd. v. Continental Plastics Co.

Gulf Underwriters Ins. Co. v. McCLAIN INDUSTRIES, INC.

MICHIGAN COMMERCE BANK v. PALMS INVESTMENTS, LLC

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