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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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David J. Gilbert

Criminal, Elder Law, Contract, Collection, Personal Injury

Status: Licensed: 26 Years

CONTACT

306 E Broadway St, Mount Pleasant, MI 48858

Ashley R. Garchow

Landlord-Tenant, Federal Appellate Practice, Contract, Collection

Status: Licensed: 21 Years

CONTACT

300 Rodd Street, Midland, MI 48640

M. T. Thompson

Labor Law, Collection, Criminal, Other

Status: Licensed: 48 Years

CONTACT

705 Wilson Ave, Saginaw, MI 48638

Christina K. L. Walsh

Wrongful Death, Collection, Contract, Workers' Compensation, State Government

Status: Licensed: 19 Years

CONTACT

111 S Michigan Ave, Saginaw, MI 48602

Robert L. Byington

Workers' Compensation, Contract, Collection, Wrongful Death, Household Mold

Status: Licensed: 48 Years

CONTACT

222 W Apple St, Hastings, MI 49058

Eric Alexander Byington

Social Security, Workers' Compensation, Contract, Collection

Status: Licensed: 11 Years

CONTACT

222 W Apple St, Hastings, MI 49058

Randall M. Jurrens

Collection, Litigation, Business, Criminal

Status: Licensed: 48 Years

CONTACT

111 S Michigan Ave, Saginaw, MI 48602

800-814-6700

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LEGAL TERMS

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.

CREDITOR

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

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.

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.

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.

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.

LIQUIDATING PARTNER

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

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.

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.

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Maple Rapids Collection Lawyer, Michigan, page 4

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

David J. Gilbert

Ashley R. Garchow

M. T. Thompson

Christina K. L. Walsh

Robert L. Byington

Eric Alexander Byington

Randall M. Jurrens

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LEGAL TERMS

GRACE PERIOD

CREDITOR

AUTOMATIC STAY

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

ABUSE

CREDIT BUREAU

LIQUIDATING PARTNER

CHAPTER 13 PLAN

GUARANTOR

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