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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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3. Articles
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David M. Blau

Bankruptcy, Real Estate

Status: In Good Standing

CONTACT

25800 Northwestern Hwy, Southfield, MI 48075

Pamela Fae Radzinski

Family Law, Divorce, Bankruptcy, Farms

Status: In Good Standing

CONTACT

26711 Northwestern Highway, Southfield, MI 48034

Sheryl A. Shoebottom

Bankruptcy, Collection, Credit & Debt, Tax

Status: In Good Standing

FREE CONSULTATION

CONTACT

30161 Southfield Road, Southfield, MI 48076

Jan Jeffrey Rubinstein

Litigation, Estate, Criminal, Collection

Status: In Good Standing Licensed: 24 Years

FREE CONSULTATION

CONTACT

30150 Telegraph Road, Bingham Farms, MI 48025

Bruce L. Townley

Construction, Deportation, Trusts, Divorce, Collection

Status: In Good Standing Licensed: 32 Years

CONTACT

3001 W Big Beaver Rd, Troy, MI 48084

Sean M. Walsh

Employee Rights, Native People, Contract, Bankruptcy

Status: In Good Standing Licensed: 31 Years

CONTACT

370 E Maple Rd, Birmingham, MI 48009

Sean Michael Walsh

Employee Rights, Native People, Contract, Bankruptcy

Status: In Good Standing Licensed: 31 Years

CONTACT

370 E Maple Rd, Birmingham, MI 48009

Joel D. Applebaum

Electronic Commerce, Contract, Business, Credit & Debt

Status: In Good Standing Licensed: 41 Years

CONTACT

151 S Old Woodward Ave, Birmingham, MI 48009

Curtis A. Robertson

Lawsuit & Dispute, Business, Collection, Bankruptcy & Debt

Status: In Good Standing Licensed: 19 Years

CONTACT

Birmingham, MI 48012

Jason Reynolds Sims

Consumer Rights, Business, Consumer Bankruptcy

Status: In Good Standing Licensed: 21 Years

CONTACT

Birmingham, MI 48012

800-923-0641

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LEGAL TERMS

LIMITED LIABILITY

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or ... (more...)

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or a person who invests in a corporation (a shareholder) generally stands to lose only the amount of money invested in the business. This means that if the business folds, creditors cannot seize or sell an owner's home, car, or other personal assets.

LIQUIDATING PARTNER

The member of an insolvent or dissolving partnership responsible for paying the debts and settling the accounts of the partnership.

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.

FAIR CREDIT BILLING ACT (FCBA)

A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days af... (more...)

A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days after it mailed the bill to you. The company must then correct the mistake, or at least acknowledge receipt of your letter within 30 days, and must correct the error within 90 days or explain why it believes the credit card statement is correct.

GRACE PERIOD

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you h... (more...)

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you have to pay interest on the amount of your purchases. Cash advances, however, usually have no grace period; interest begins to accumulate from the date of the withdrawal, even if you pay your bills on time. Also, some student loans give you a grace period after graduating or dropping out of school. During this time, you are not required to make payments on your loan.

TRADE NAME

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

CHAPTER 13 PLAN

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to ... (more...)

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to pay all mandatory debts -- for example, back child support, taxes, and mortgage arrearages -- as well as some or all unsecured, nonpriority debts, such as medical and credit card bills.

CREDIT INSURANCE

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay o... (more...)

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay off the remaining balance. Federal and state consumer protection laws require the lender to disclose to existing and potential borrowers the terms and costs of obtaining credit insurance because it can affect the terms of the loan.

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).

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Birmingham Bankruptcy & Debt Lawyer, Michigan, page 3

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

David M. Blau

Pamela Fae Radzinski

Sheryl A. Shoebottom

Jan Jeffrey Rubinstein

Bruce L. Townley

Sean M. Walsh

Sean Michael Walsh

Joel D. Applebaum

Curtis A. Robertson

Jason Reynolds Sims

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LEGAL TERMS

LIMITED LIABILITY

LIQUIDATING PARTNER

AUTOMATIC STAY

FAIR CREDIT BILLING ACT (FCBA)

GRACE PERIOD

TRADE NAME

CHAPTER 13 PLAN

CREDIT INSURANCE

LIEN

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