Tecumseh Bankruptcy Lawyer, Michigan, page 3

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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

Jacalen J. Garris

Divorce & Family Law, Consumer Bankruptcy, Bankruptcy, Wrongful Death, Car Accident

Status: In Good Standing

CONTACT

300 E Washington St, Ann Arbor, MI 48104

Andrew Banas

State Government, Criminal, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 19 Years

CONTACT

220 E Huron St, Ann Arbor, MI 48104

Michael Robert Wolin

Employment, Felony, Bankruptcy, Defamation & Slander

Status: In Good Standing

CONTACT

407 North Main Street, Ann Arbor, MI 48104

William G. Tishkoff

Lawsuit & Dispute, Employment, Bankruptcy, Accident & Injury

Status: In Good Standing

CONTACT

407 North Main Street, Ann Arbor, MI 48104

Paul D. Reingold

Criminal, Civil Rights, Collection, Consumer Bankruptcy

Status: In Good Standing Licensed: 47 Years

CONTACT

801 Monroe St, Ann Arbor, MI 48109

Carl F. Schier

Construction, Real Estate, Dispute Resolution, Consumer Bankruptcy

Status: In Good Standing Licensed: 60 Years

CONTACT

Ypsilanti, MI 48198

Robert Keyes

Bankruptcy & Debt, Credit & Debt, Bankruptcy, Criminal, Traffic

Status: In Good Standing Licensed: 19 Years

FREE CONSULTATION

CONTACT

300 N Huron St, Ypsilanti, MI 48197

Pamela Kay Blevins-Behjatnia

Consumer Rights, Elder Law, Consumer Bankruptcy

Status: In Good Standing Licensed: 19 Years

CONTACT

307 W Summit St, Ann Arbor, MI 48103

Orlando K. Simon

Consumer Bankruptcy, Criminal

Status: In Good Standing Licensed: 24 Years

CONTACT

715 N University Ave, Ann Arbor, MI 48104

Gary M. Victor

Other, Immigration, Medicare & Medicaid, Divorce, Consumer Bankruptcy

Status: In Good Standing Licensed: 54 Years

CONTACT

4928 Cole Blvd, Ypsilanti, MI 48197

800-923-0641

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LEGAL TERMS

FDCPA

See Fair Debt Collections & Practices Act.

INTEREST

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to ... (more...)

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to your balance. This means that if your loan or credit line has an interest rate of 8%, the holder adds 8% to the balance each year. More specifically, interest is calculated and added to your loan or credit line through a process called compounding. If interest is compounded daily, the balance will rise by 1/365th of 8% each day. If interest is compounded monthly, the balance will rise 1/12th of 8% at the start of each month.

BULK SALES LAW

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to ... (more...)

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to conduct a bulk sale of business assets -- that is, get rid of an unusually large amount of inventory, merchandise or equipment -- the business owner must typically publish a notice of the sale and give written notice to creditors. Then, the owner must set up an account to hold the funds from the sale for a brief period of time during which creditors may make claims against the money. The prohibition against bulk sales is spelled out in the Uniform Commercial Code -- and laws modeled on the UCC have been generally adopted throughout the country.

MEETING OF CREDITORS

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a f... (more...)

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a few questions. In a Chapter 7, the meeting of creditors lasts a few minutes and rarely do any creditors show up. In a Chapter 13 bankruptcy, one or two creditors may attend, especially if they disagree with some provision of your repayment plan.

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.

CCCS

See Consumer Credit Counseling Service.

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.

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.

DEBT COLLECTOR

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe... (more...)

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe. Debt collectors can be relentless, often using scare tactics, humiliation and repeated phone calls to extract payments or promises to pay.

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Tecumseh Bankruptcy Lawyer, Michigan, page 3

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Jacalen J. Garris

Andrew Banas

Michael Robert Wolin

William G. Tishkoff

Paul D. Reingold

Carl F. Schier

Robert Keyes

Pamela Kay Blevins-Behjatnia

Orlando K. Simon

Gary M. Victor

TIPS

LEGAL TERMS

FDCPA

INTEREST

BULK SALES LAW

MEETING OF CREDITORS

CREDIT COUNSELING

CCCS

WINDING UP

GUARANTOR

DEBT COLLECTOR

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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