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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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Douglas L. Dinning

Real Estate, Consumer Bankruptcy

Status: In Good Standing Licensed: 47 Years

CONTACT

35100 Van Dyke Ave, Sterling Heights, MI 48312

Steven S. Vernier

Estate Planning, Family Law, Insurance, Credit & Debt

Status: In Good Standing Licensed: 46 Years

CONTACT

22815 Kelly Rd, Eastpointe, MI 48021

Jeremy Figg Fisher

Estate Planning, Estate, Criminal, Bankruptcy

Status: In Good Standing Licensed: 18 Years

CONTACT

1 S Main St, Mount Clemens, MI 48043

Steve Sowell

Landlord-Tenant, Employee Rights, Business, Credit & Debt

Status: In Good Standing Licensed: 39 Years

CONTACT

2 Crocker Blvd, Mount Clemens, MI 48043

Larry R. Kipke

Landlord-Tenant, Divorce, Civil Rights, Credit & Debt

Status: In Good Standing Licensed: 38 Years

CONTACT

55 Southbound Gratiot Ave, Mount Clemens, MI 48043

Elizabeth A. Ferguson

Labor Law, Civil Rights, Contract, Credit & Debt

Status: In Good Standing Licensed: 27 Years

CONTACT

55 Southbound Gratiot Ave, Mount Clemens, MI 48043

Matthew M. Bieber

Contract, Collection, Personal Injury, Social Security

Status: In Good Standing Licensed: 17 Years

CONTACT

26224 Van Dyke Ave, Center Line, MI 48015

Karen L. Lemke

Traffic, Medical Products & Devices, Family Law, Credit & Debt

Status: In Good Standing Licensed: 41 Years

CONTACT

Fraser, MI 48026

Lynn M. Olivier

Bankruptcy & Debt, Contract, Landlord-Tenant

Status: In Good Standing Licensed: 38 Years

CONTACT

Mount Clemens, MI 48046

Eric O. Lundquist

Contract, Consumer Bankruptcy, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

38600 Van Dyke Ave, Sterling Heights, MI 48312

800-923-0641

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LEGAL TERMS

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.

FAIR CREDIT REPORTING ACT (FCRA)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to a... (more...)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to adopt reasonable procedures for gathering, maintaining and disseminating information and bars credit bureaus from reporting negative information that is older than seven years, except a bankruptcy, which may be reported for ten. If you notify a credit bureau of an error in your credit report, the FCRA requires the bureau to investigate your allegations within 30 days, review all information you provide, remove inaccurate and unverified information and adopt procedures to keep the information from reappearing. In addition, the law requires that creditors refrain from reporting incorrect information to credit bureaus.

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemp... (more...)

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemptible because it has been damaged or destroyed.

CREDITOR

A person or entity (such as a bank) to whom a debt is owed.

CREDIT REPORT

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you m... (more...)

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you make the payments on time, as well as personal history, such as your former addresses, employment record and lawsuits in which you have been involved. An estimated 50% of all credit reports contain errors, such as accounts that don't belong to you, an incorrect account status or information reported that is older than seven years (ten years in the case of a bankruptcy).

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.

DISCHARGEABLE DEBTS

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bill... (more...)

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bills and medical bills. Compare nondischargeable debts.

FCRA

See Fair Credit Reporting Act.

GUARANTEED RESERVATION

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehic... (more...)

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehicle for you no matter when you show up. If you have a guaranteed reservation with a hotel, it must provide you with a room, either at that hotel or at another comparable establishment. If you have a guaranteed reservation with a car agency, it must provide you with a vehicle. The downside of a guaranteed reservation is that if you don't show up and haven't cancelled your reservation, you will be billed for one night in the room or one day's use of the vehicle.

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Fraser Bankruptcy & Debt Lawyer, Michigan, page 2

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Douglas L. Dinning

Steven S. Vernier

Jeremy Figg Fisher

Steve Sowell

Larry R. Kipke

Elizabeth A. Ferguson

Matthew M. Bieber

Karen L. Lemke

Lynn M. Olivier

Eric O. Lundquist

TIPS

LEGAL TERMS

WINDING UP

FAIR CREDIT REPORTING ACT (FCRA)

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

CREDITOR

CREDIT REPORT

GUARANTOR

DISCHARGEABLE DEBTS

FCRA

GUARANTEED RESERVATION

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