Grand Traverse County, MI Credit & Debt Lawyers

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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.
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Not enough matches for Grand Traverse Credit & Debt lawyer.
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Harry S Stark

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475 Eastwood Shores, Traverse City, MI 49684

Mark R. Dancer

Accident & Injury, Animal Bite, Slip & Fall Accident, Wrongful Death, Car Accident

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FREE CONSULTATION

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100 N Park St, Traverse City, MI 49684

Patrick S Fragel

Juvenile Law, Domestic Violence & Neglect, , Firearms, DUI-DWI

Status: Licensed: 31 Years

CONTACT

620 Woodmere Ave - Ste B, Traverse City, MI 49686

W. Dane Carey

Lawsuit & Dispute, Litigation, Real Estate, Business

Status: Licensed: 10 Years

CONTACT

412 S. Union Street, Traverse City, MI 49684

Bethany C. Warner

Real Estate, Employment, Divorce & Family Law, Estate

Status: Licensed: 28 Years

CONTACT

107 Cass St, Traverse City, MI 49684

Nathan P. Miller

Workers' Compensation, Reinsurance, Insurance, Personal Injury

Status: Licensed: 19 Years

CONTACT

12930 S West Bay Shore Dr, Traverse City, MI 49684

Ellen Fred

Contract, Civil Rights, Trusts, Dispute Resolution, Commercial Real Estate

Status: Licensed: 22 Years

CONTACT

Traverse City, MI 49685

Deyar Mary Jamil

Lawsuit & Dispute, Government, Employment, Criminal

Status: Licensed: 28 Years

CONTACT

201 East 17Th Street, Traverse City, MI 49684

Katherine Ford Horvath

Intellectual Property, Workers' Compensation, Criminal

Status: Licensed: 27 Years

CONTACT

10110 E San Remo Blvd, Traverse City, MI 49684

Peter W. Doren

Dispute Resolution, Estate Planning, Limited Liability Companies, Real Estate

Status: Licensed: 52 Years

CONTACT

310 W Front St, Traverse City, MI 49684

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LEGAL TERMS

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.

INFRINGEMENT (OF TRADEMARK)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringeme... (more...)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringement turns on whether the defendant's use causes a likelihood of confusion in the average consumer. If a court determines that the average consumer would be confused, the owner of the original mark can prevent the other's use of the infringing mark and sometimes collect damages.

NONPROFIT CORPORATION

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or f... (more...)

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or for some public purpose (such as a hospital, environmental organization or literary society). Nonprofit corporations, despite the name, can make a profit, but the business cannot be designed primarily for profit-making purposes, and the profits must be used for the benefit of the organization or purpose the corporation was created to help. When a nonprofit corporation dissolves, any remaining assets must be distributed to another nonprofit, not to board members. As with for-profit corporations, directors of nonprofit corporations are normally shielded from personal liability for the organization's debts. Some nonprofit corporations qualify for a federal tax exemption under _ 501(c)(3) of the Internal Revenue Code, with the result that contributions to the nonprofit are tax deductible by their donors.

SUBROGATION

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off i... (more...)

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off its injured claimant takes the legal rights the claimant has against a third party that caused the injury, and sues that third party.

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.

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.

LIABILITY

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pi... (more...)

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pipe bursts the day after Paul installs it, ruining the bathroom floor. This raises the issue of liability: Who is responsible for the damage? Peri claims that Paul is responsible, and sues him for the cost of hiring another plumber to fix the pipe and replacing the floor. Paul, in turn, claims that the pipe manufacturer is responsible, because they supplied him with faulty materials. Both Peri and Paul must prove their claims in court; if Paul and/or the manufacturer is found liable, one or both will have to pay damages to Peri. (2) Something for which a person is liable. For example, a debt is often called a liability.

ADMINISTRATIVE EXPENSES

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Admi... (more...)

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Administrative costs are typically 10% of the debtor's total payments under the plan.

HOUSEHOLDER

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a ho... (more...)

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a homestead exemption and possibly other exemptions relating to the maintenance of the household.

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Grand Traverse County, MI Credit & Debt Lawyers

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Harry S Stark

Mark R. Dancer

Patrick S Fragel

W. Dane Carey

Bethany C. Warner

Nathan P. Miller

Ellen Fred

Deyar Mary Jamil

Katherine Ford Horvath

Peter W. Doren

TIPS

LEGAL TERMS

CREDIT INSURANCE

INFRINGEMENT (OF TRADEMARK)

NONPROFIT CORPORATION

SUBROGATION

DEBT COLLECTOR

COSIGNER

LIABILITY

ADMINISTRATIVE EXPENSES

HOUSEHOLDER

SAMPLE LEGAL CASES

New Freedom Mtg. Corp. v. Globe Mtg. Corp.

Barth v. FIRST CONSUMER CREDIT, INC.

CHARTER ONE BANK NA v. JP Morgan Chase Bank, NA

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