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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 Paluchniak

Collection, Consumer Bankruptcy, Commercial Bankruptcy, Bankruptcy

Status: In Good Standing

CONTACT

712 Stanley St, Ypsilanti, MI 48198

Daniel James Duchene

Municipal, Family Law, Contract, Collection

Status: In Good Standing Licensed: 11 Years

CONTACT

204 S Highlander Way, Howell, MI 48843

Mark E. Reizen

Mediation, Workers' Compensation, Collection, Defamation & Slander

Status: In Good Standing Licensed: 56 Years

CONTACT

3210 Dutcher Rd, Howell, MI 48843

Michael Murray

Criminal, Native People, Civil & Human Rights, Collection

Status: In Good Standing Licensed: 49 Years

CONTACT

1100 W Grand River Ave, Okemos, MI 48864

David J. Reader

Litigation, Family Law, Criminal, Collection

Status: In Good Standing Licensed: 48 Years

CONTACT

204 S Highlander Way, Howell, MI 48843

Tara A. Black

Contract, Collection, Elder Law, Divorce

Status: In Good Standing Licensed: 18 Years

CONTACT

704 E Grand River Ave, Howell, MI 48843

David T. Bittner

Divorce, Contract, Collection, Personal Injury

Status: In Good Standing Licensed: 32 Years

CONTACT

710 E Grand River Ave, Howell, MI 48843

Michael C. Van Huysse

Litigation, Federal Appellate Practice, Family Law, Collection

Status: In Good Standing

CONTACT

2160 Hamilton Rd, Okemos, MI 48864

Bruce A. Timmons

Family Law, Elder Law, Administrative Law, Collection

Status: In Good Standing

CONTACT

2147 Tamarack Dr, Okemos, MI 48864

Laura M. Dudley

Criminal, Collection

Status: In Good Standing Licensed: 23 Years

CONTACT

4237 Merriman Loop, Howell, MI 48843

800-923-0641

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LEGAL TERMS

TRADE NAME

The official name of a business, the one it uses on its letterhead and bank account when not dealing with consumers.

BANKRUPTCY

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are ... (more...)

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are two types of bankruptcies -- liquidation, in which your debts are wiped out (discharged) and reorganization, in which you provide the court with a plan for how you intend to repay your debts. For both consumers and business, liquidation bankruptcy is called Chapter 7. For consumers, reorganization bankruptcy is called Chapter 13. Reorganization bankruptcy for consumers with an extraordinary amount of debt and for businesses is called Chapter 11. Reorganization bankruptcy for family farmers is called Chapter 12.

COLLATERAL

Property that guarantees payment of a secured debt.

MEANS TEST

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income ... (more...)

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income for his or her state should be allowed to file for Chapter 7 bankruptcy.

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.

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.

COLLECTION AGENCY

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the d... (more...)

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the debt themselves, typically through letters (called 'dunning' letters) and telephone calls. Collection agencies are regulated by the federal Fair Debt Collection Practices Act. Unfortunately, too many collectors ignore this law.

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.

ACCORD AND SATISFACTION

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collectin... (more...)

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collecting as much money as they can from debtors who cannot pay the full amount.

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Webberville Collection Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Thomas Paluchniak

Daniel James Duchene

Mark E. Reizen

Michael Murray

David J. Reader

Tara A. Black

David T. Bittner

Michael C. Van Huysse

Bruce A. Timmons

Laura M. Dudley

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LEGAL TERMS

TRADE NAME

BANKRUPTCY

COLLATERAL

MEANS TEST

SECURED DEBT

BANKRUPTCY TRUSTEE

COLLECTION AGENCY

GENERAL PARTNER

ACCORD AND SATISFACTION

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