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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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Nicholas Carlos Best

Aviation, Deportation, Federal Appellate Practice, Collection

Status: In Good Standing

CONTACT

26711 Woodward Ave, Huntington Woods, MI 48070

Joel D. Kellman

Real Estate, Elder Law, Limited Liability Companies, Collection

Status: In Good Standing Licensed: 56 Years

CONTACT

8654 Hendrie, Huntington Woods, MI 48070

James P. Cunningham

Family Law, Divorce, Securities Regulation, Collection

Status: In Good Standing

CONTACT

380 N Old Woodward Ave, Birmingham, MI 48009

Salam F. Elia

Land Use & Zoning, Trusts, Contract, Collection

Status: In Good Standing Licensed: 12 Years

CONTACT

550 W Merrill St, Birmingham, MI 48009

Nick Best

Estate Planning, Collection, Consumer Bankruptcy, Bankruptcy

Status: In Good Standing

CONTACT

26711 Woodward Ave, Huntington Woods, MI 48070

Jonathan A. Vangemert

Business, Health Care Other, Banking & Finance, Collection

Status: In Good Standing

CONTACT

2155 Butterfield Drive, Troy, MI 48084

Jessica L. Dadas-Schulze

Medicare & Medicaid, Estate Planning, Contract, Collection

Status: In Good Standing Licensed: 18 Years

CONTACT

40950 Woodward Ave, Bloomfield Hills, MI 48304

Jeffry L. Landis

Securities, Collection, Health Care Other, Landlord-Tenant

Status: In Good Standing Licensed: 43 Years

CONTACT

600 S Adams Rd, Birmingham, MI 48009

Corene C. Ford

Workers' Compensation, Discrimination, Contract, Collection, Wrongful Death

Status: In Good Standing Licensed: 21 Years

CONTACT

15815 W 12 Mile Rd, Southfield, MI 48076

Paige Elizabeth Gross

Criminal, Business, Collection, Animal Bite

Status: In Good Standing Licensed: 9 Years

CONTACT

550 W Merrill St, Birmingham, MI 48009

800-923-0641

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LEGAL TERMS

INTEREST

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to ... (more...)

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to your balance. This means that if your loan or credit line has an interest rate of 8%, the holder adds 8% to the balance each year. More specifically, interest is calculated and added to your loan or credit line through a process called compounding. If interest is compounded daily, the balance will rise by 1/365th of 8% each day. If interest is compounded monthly, the balance will rise 1/12th of 8% at the start of each month.

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.

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.

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working fo... (more...)

A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working for collection agencies. The law does not apply to creditors collecting their own debts. This law has greatly improved conditions for debtors, although more than a few debt collectors ignore the law. If a collection agency violates the law, debtors can contact the Federal Trade Commission for help.

CREDIT BUREAU

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit... (more...)

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit card companies that use the information to screen applicants for loans and credit cards. There are three major credit bureaus, Equifax, Experian and Trans Union, and they are regulated by the federal Fair Credit Reporting Act.

MEETING OF CREDITORS

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a f... (more...)

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a few questions. In a Chapter 7, the meeting of creditors lasts a few minutes and rarely do any creditors show up. In a Chapter 13 bankruptcy, one or two creditors may attend, especially if they disagree with some provision of your repayment plan.

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.

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.

Macomb Collection Lawyer, Michigan, page 5

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Nicholas Carlos Best

Joel D. Kellman

James P. Cunningham

Salam F. Elia

Nick Best

Jonathan A. Vangemert

Jessica L. Dadas-Schulze

Jeffry L. Landis

Corene C. Ford

Paige Elizabeth Gross

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LEGAL TERMS

INTEREST

INFRINGEMENT (OF TRADEMARK)

COLLECTION AGENCY

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

CREDIT BUREAU

MEETING OF CREDITORS

SUBROGATION

ABUSE

FDCPA

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