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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.
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Randy Lee Calvin

Car Accident, Consumer Bankruptcy, Social Security -- Disability, Car Accident, Consumer Bankruptcy

Status: In Good Standing

FREE CONSULTATION

CONTACT

4000 Town Ctr, Southfield, MI 48075

Erica Cicchelli

Alimony & Spousal Support, Child Support, Collection, Consumer Bankruptcy

Status: In Good Standing Licensed: 22 Years

CONTACT

15900 W 10 Mile Rd, Southfield, MI 48075

Ann M. Howard

Construction, Child Support, Contract, Bankruptcy

Status: In Good Standing Licensed: 31 Years

CONTACT

26100 American Dr, Southfield, MI 48034

Tracy M. Clark-Flaherty

Lawsuit & Dispute, Credit & Debt, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 25 Years

CONTACT

25925 Telegraph Rd, Southfield, MI 48033

Stanley M. Bershad

Foreclosure, Lawsuit, Criminal, Credit & Debt, Bankruptcy

Status: In Good Standing

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4000 Town Ctr, Southfield, MI 48075

John Martin Hilla

Art, Consumer Bankruptcy, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

2000 Town Center, Southfield, MI 48075

Brian P. Parker

Bankruptcy & Debt, Collection, Consumer Bankruptcy, Workout

Status: In Good Standing Licensed: 31 Years

CONTACT

2000 Town Ctr, Southfield, MI 48075

Brett David Mellin

Reinsurance, Insurance, Contract, Collection

Status: In Good Standing Licensed: 13 Years

CONTACT

20750 Civic Center Dr, Southfield, MI 48076

Stuart A. Gold

Litigation, Consumer Bankruptcy, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

24901 Northwestern Hwy, Southfield, MI 48075

Ian B. Lyngklip

Real Estate, Consumer Rights, Consumer Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

24500 Northwestern Hwy, Southfield, MI 48075

800-923-0641

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LEGAL TERMS

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.

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.

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.

DEFINED CONTRIBUTION PLAN

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount ... (more...)

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount every month, or every year, for each employee. The employer usually pays a fixed percentage of an employee's wages or salary, although sometimes the amount is a fraction of the company's profits, with the size of each employee's pension share depending on the amount of wage or salary. Upon retirement, each employee's pension is determined by how much was contributed to the fund on behalf of that employee over the years, plus whatever earnings that money has accumulated as part of the investments of the entire pension fund.

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.

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.

CURRENT MONTHLY INCOME

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding... (more...)

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding the bankruptcy filing. The debtor's current monthly income is used to determine whether the debtor can file for Chapter 7 bankruptcy, among other things.

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.

Southfield Bankruptcy & Debt Lawyer, Michigan, page 5

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Randy Lee Calvin

Erica Cicchelli

Ann M. Howard

Tracy M. Clark-Flaherty

Stanley M. Bershad

John Martin Hilla

Brian P. Parker

Brett David Mellin

Stuart A. Gold

Ian B. Lyngklip

TIPS

LEGAL TERMS

FORBEARANCE

C CORPORATION

CREDIT COUNSELING

DEFINED CONTRIBUTION PLAN

SETOFF

GARNISHMENT

CURRENT MONTHLY INCOME

COSIGNER

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