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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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Thomas James Stanis

Construction, Family Law, Contract, Collection

Status: In Good Standing Licensed: 11 Years

CONTACT

5213 Bordman Rd, Dryden, MI 48428

Charles H. Novelli

Social Security, Children's Rights, Limited Liability Companies, Collection

Status: In Good Standing Licensed: 59 Years

CONTACT

27346 Newport Dr, Warren, MI 48088

Matthew M. Bieber

Contract, Collection, Personal Injury, Social Security

Status: In Good Standing Licensed: 17 Years

CONTACT

26224 Van Dyke Ave, Center Line, MI 48015

Donald W. Teichman

Elder Law, Contract, Collection, Defamation & Slander

Status: In Good Standing Licensed: 40 Years

CONTACT

25501 Van Dyke Ave, Center Line, MI 48015

Scott P. Zochowski

Criminal, Bankruptcy & Debt, Foreclosure, Collection

Status: In Good Standing Licensed: 26 Years

CONTACT

100 E Big Beaver Rd, Troy, MI 48083

Michelle A. King

Litigation, Credit & Debt, Collection, Bankruptcy

Status: In Good Standing Licensed: 16 Years

CONTACT

26304 Grobbel Ave, Warren, MI 48091

George A. Drosis

Employee Rights, Divorce, Insurance, Collection

Status: In Good Standing

CONTACT

101 W Big Beaver Rd, Troy, MI 48084

Aric K. Melder

Litigation, Adoption, Criminal, Collection, Bankruptcy

Status: In Good Standing Licensed: 28 Years

CONTACT

2304 E 11 Mile Rd, Royal Oak, MI 48067

Sanford J. Melder

Adoption, Corporate, Collection, Bankruptcy

Status: In Good Standing Licensed: 51 Years

CONTACT

2304 E 11 Mile Rd, Royal Oak, MI 48067

Aric K. Melder

Trusts, Divorce, Contract, Collection

Status: In Good Standing

CONTACT

2304 E 11 Mile Rd, Royal Oak, MI 48067

800-923-0641

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LEGAL TERMS

UNSECURED DEBT

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only reme... (more...)

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only remedy is to sue you and get a judgment. Compare secured debt.

BANKRUPTCY TRUSTEE

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is t... (more...)

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is to gather the debtor's nonexempt property, liquidate it and distribute it proportionally to her creditors. In a Chapter 13 case, the trustee's role is to receive the debtor's monthly payments and distribute them proportionally to her creditors.

CHAPTER 7 BANKRUPTCY

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 b... (more...)

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 bankruptcy takes from three to six months, costs about $200, and commonly requires only one trip to the courthouse.

AUTOMATIC STAY

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities,... (more...)

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities, such as filing or continuing lawsuits, making written requests for payment, or notifying credit reporting bureaus of an unpaid debt.

C CORPORATION

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S c... (more...)

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S corporation, whose profits are passed through to shareholders and taxed on their personal returns under subchapter S of the Internal Revenue Code.

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.

SECURED DEBT

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collater... (more...)

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collateral, to satisfy the debt if you default. Compare unsecured debt.

ABUSE

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because ... (more...)

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because the debtor appears to have enough disposable income to fund a Chapter 13 repayment plan.

GUARANTOR

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. T... (more...)

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. The guarantor gives a 'guaranty,' which is an assurance that the debt or other obligation will be fulfilled.

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New Haven Collection Lawyer, Michigan, page 2

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Thomas James Stanis

Charles H. Novelli

Matthew M. Bieber

Donald W. Teichman

Scott P. Zochowski

Michelle A. King

George A. Drosis

Aric K. Melder

Sanford J. Melder

Aric K. Melder

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LEGAL TERMS

UNSECURED DEBT

BANKRUPTCY TRUSTEE

CHAPTER 7 BANKRUPTCY

AUTOMATIC STAY

C CORPORATION

DISCHARGEABLE DEBTS

SECURED DEBT

ABUSE

GUARANTOR

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