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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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Matthew Capone

Landlord-Tenant, DUI-DWI, Criminal, Collection

Status:

CONTACT

51410 Milano Dr, Macomb, MI 48042

Stephen F. Toia

Other, Collection

Status: Licensed: 24 Years

CONTACT

Utica, MI 48318

Lori L. Paese

Military, Estate, Divorce & Family Law, Collection

Status: Licensed: 26 Years

CONTACT

14 N Washington St, Oxford, MI 48371

Lindsey Andrzejewski

Entertainment, Family Law, Collection, Labor Law

Status:

CONTACT

35251 Brittany Dr, New Baltimore, MI 48047

Kyle Bristow

Employee Rights, Contract, Collection, Wrongful Death

Status:

CONTACT

Saint Clair, MI 48079

Daniel Boroja

Social Security, Family Law, Contract, Collection, Traffic

Status:

CONTACT

49139 Schoenherr Rd, Utica, MI 48315

Richard G. Marcil

Real Estate, Child Support, Collection, Property Damage

Status: Licensed: 36 Years

CONTACT

17390 Birch Tree Ln, Macomb, MI 48044

David B. Rosenberg

Medical Products & Devices, Criminal, Contract, Collection, Deportation

Status: Licensed: 48 Years

CONTACT

49136 Van Dyke Ave, Utica, MI 48317

Matthew Anthony Rosenthal

Administrative Law, Collection, Elder Law, Estate Planning

Status:

CONTACT

13871 Pheasant Dr, Utica, MI 48315

Carly A. Van Thomme

Employee Rights, Contract, Collection, Medical Malpractice

Status: Licensed: 26 Years

CONTACT

612 W University Dr, Rochester, MI 48307

800-814-6700

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LEGAL TERMS

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.

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.

LIEN

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortg... (more...)

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortgages, home equity loans, car loans and personal loans for which you pledge property to guarantee repayment. Liens created without your consent are called nonconsensual liens, and include judgment liens (liens filed by a creditor who has sued you and obtained a judgment), tax liens and mechanics liens (liens filed by a contractor who worked on your house but wasn't paid).

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.

DISCHARGE (OF DEBTS)

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

S CORPORATION

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status fro... (more...)

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status from the Internal Revenue Service. Electing to do business as an S corporation lets shareholders enjoy limited liability status, as would be true of any corporation, but be taxed like a partnership or sole proprietor. That is, instead of being taxed as a separate entity (as would be the case with a regular or C corporation) an S corporation is a pass-through tax entity: income taxes are reported and paid by the shareholders, not the S corporation. To qualify as an S corporation a number of IRS rules must be met, such as a limit of 75 shareholders and citizenship requirements.

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.

NO-FAULT INSURANCE

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain ... (more...)

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain amount, regardless of who was at fault. The effect of no-fault insurance laws is to eliminate lawsuits in small accidents. The advantage is the prompt payment of medical bills and expenses. The downsides are that the amounts paid by no-fault policies are often not enough to fully cover a person's losses and that no-fault does not compensate for pain and suffering.

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.

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Allenton Collection Lawyer, Michigan, page 2

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Matthew Capone

Stephen F. Toia

Lori L. Paese

Lindsey Andrzejewski

Kyle Bristow

Daniel Boroja

Richard G. Marcil

David B. Rosenberg

Matthew Anthony Rosenthal

Carly A. Van Thomme

TIPS

LEGAL TERMS

AUTOMATIC STAY

SECURED DEBT

LIEN

COSIGNER

DISCHARGE (OF DEBTS)

S CORPORATION

FORBEARANCE

NO-FAULT INSURANCE

ABUSE

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