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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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Dean E. Sheldon

Other, Real Estate, Estate Planning, Bankruptcy & Debt

Status: In Good Standing

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1378 Gold Ct, Traverse City, MI 49696

Jeffrey J. Noorman

Sexual Harassment, Contract, Collection, Defamation & Slander

Status: In Good Standing Licensed: 27 Years

CONTACT

1102 Cass St, Traverse City, MI 49685

Roman S. Grucz

Landlord-Tenant, Divorce & Family Law, Criminal, Bankruptcy & Debt

Status: In Good Standing Licensed: 43 Years

CONTACT

3728 Spring Leaf Dr, Traverse City, MI 49686

Wallace H. Tuttle

Real Estate, Business, Bankruptcy

Status: In Good Standing Licensed: 52 Years

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3229 Logan Valley Rd, Traverse City, MI 49684

Mark A. Hullman

Construction, Trusts, Estate Planning, Contract, Credit & Debt

Status: In Good Standing Licensed: 53 Years

CONTACT

3230 Racquet Club Dr, Traverse City, MI 49684

Nicole Paige Westfall

Bankruptcy, Commercial Real Estate, Estate

Status: In Good Standing

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3281 Racquet Club Dr, Traverse City, MI 49684

Carroll Gibbs Clough

Banking & Finance, Bankruptcy

Status: In Good Standing Licensed: 19 Years

CONTACT

3281 Racquet Club Dr, Traverse City, MI 49684

Paul I. Bare

Corporate, Bankruptcy

Status: In Good Standing Licensed: 48 Years

CONTACT

3281 Racquet Club Dr, Traverse City, MI 49684

Teresa Marie Hill

Juvenile Law, Family Law, Criminal, Bankruptcy, Child Custody

Status: In Good Standing Licensed: 16 Years

CONTACT

1770 Lake Pointe Drive, Traverse City, MI 49686

Brace Edward Kern

Elder Law, Contract, Collection, Defamation & Slander

Status: In Good Standing Licensed: 19 Years

CONTACT

3434 Veterans Dr, Traverse City, MI 49684

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LEGAL TERMS

PREFERENCE

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commer... (more...)

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commercial creditors) and within one year for insider creditors (friends, family members, and business associates). Because a preference gives the creditor who received the payment an edge over other creditors in the bankruptcy case, the trustee can recover the preference (the amount of the payment) and distribute it among all of the creditors.

DISCHARGE (OF DEBTS)

A bankruptcy court's erasure of the debts of a person or business that has filed for bankruptcy.

FAIR CREDIT BILLING ACT (FCBA)

A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days af... (more...)

A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days after it mailed the bill to you. The company must then correct the mistake, or at least acknowledge receipt of your letter within 30 days, and must correct the error within 90 days or explain why it believes the credit card statement is correct.

REDEMPTION

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump s... (more...)

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump sum. For example, a debtor may redeem a car note by paying the lender the amount a retail vendor would charge for the car, considering its age and condition.

UNDUE HARDSHIP

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in t... (more...)

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in the future to pay off the loan may be able to show that repayment would be an undue hardship.

FCRA

See Fair Credit Reporting Act.

COSIGNER

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for t... (more...)

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for the loan or debt. Many people use cosigners to qualify for a loan or credit card. Landlords may require a cosigner when renting to a student or someone with a poor credit history.

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.

SECRET WARRANTY PROGRAM

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid... (more...)

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid a recall and the accompanying bad press. Secret warranties are rarely advertised by the manufacturer, so consumers must pursue the manufacturer to discover and take advantage of them. A few states require manufacturers to notify car buyers when they adopt secret warranty programs.

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Mayfield Bankruptcy & Debt Lawyer, Michigan

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Marrs & Terry, PLLC

SPONSORED LAWYERS

Dean E. Sheldon

Jeffrey J. Noorman

Roman S. Grucz

Wallace H. Tuttle

Mark A. Hullman

Nicole Paige Westfall

Carroll Gibbs Clough

Paul I. Bare

Teresa Marie Hill

Brace Edward Kern

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LEGAL TERMS

PREFERENCE

DISCHARGE (OF DEBTS)

FAIR CREDIT BILLING ACT (FCBA)

REDEMPTION

UNDUE HARDSHIP

FCRA

COSIGNER

DISCHARGEABLE DEBTS

SECRET WARRANTY PROGRAM

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