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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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Laura H. Mcmahon Lynch

Contract, Credit & Debt, Election & Political, Trusts

Status: In Good Standing Licensed: 41 Years

CONTACT

252 Lewiston Rd, Grosse Pointe, MI 48236

Jennifer L. Pierce

Estate Planning, Criminal, Credit & Debt, Animal Bite

Status: In Good Standing Licensed: 27 Years

CONTACT

1 City Square, Warren, MI 48093

Samuel M. Thompson

Landlord-Tenant, Construction, Credit & Debt, Consumer Bankruptcy

Status: In Good Standing Licensed: 49 Years

CONTACT

1950 Clearwood Ct, Utica, MI 48316

Elizabeth Marie Smith

Real Estate, Credit & Debt, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 23 Years

CONTACT

28405 Van Dyke Ave, Warren, MI 48093

Heather Marie Mason

Credit & Debt, Employee Rights, Collection, Business

Status: In Good Standing Licensed: 9 Years

CONTACT

38219 Mound Rd, Sterling Heights, MI 48310

Steven Michael Watmore

Foreclosure, Employee Rights, Family Law, Credit & Debt

Status: In Good Standing Licensed: 11 Years

CONTACT

5309 Lyons Cir N, Warren, MI 48092

Irving Barry Marks

Construction, Public Finance, Banking & Finance, Business, Credit & Debt

Status: In Good Standing Licensed: 64 Years

CONTACT

17111 E Jefferson Ave, Grosse Pointe, MI 48230

Elaine W. Mardirosian

Landlord-Tenant, Real Estate, Family Medical Leave Act (FMLA), Credit & Debt

Status: In Good Standing Licensed: 43 Years

CONTACT

1373 Balfour St, Grosse Pointe, MI 48230

Nadine Marie Koppin

Landlord-Tenant, Divorce, Contract, Credit & Debt

Status: In Good Standing Licensed: 9 Years

CONTACT

7147 Lakeshore Rd, Fort Gratiot, MI 48059

Michelle A. King

Litigation, Credit & Debt, Collection, Bankruptcy

Status: In Good Standing Licensed: 16 Years

CONTACT

26304 Grobbel Ave, Warren, MI 48091

800-923-0641

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LEGAL TERMS

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.

FCRA

See Fair Credit Reporting Act.

C CORPORATION

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S c... (more...)

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S corporation, whose profits are passed through to shareholders and taxed on their personal returns under subchapter S of the Internal Revenue Code.

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.

SECRET WARRANTY PROGRAM

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid... (more...)

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid a recall and the accompanying bad press. Secret warranties are rarely advertised by the manufacturer, so consumers must pursue the manufacturer to discover and take advantage of them. A few states require manufacturers to notify car buyers when they adopt secret warranty programs.

PRESUMED ABUSE

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means te... (more...)

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means test, the court will presume that the debtor has sufficient income to fund a Chapter 13 plan. In this situation, the debtor will not be allowed to proceed with a Chapter 7 bankruptcy unless the debtor can prove that he or she is not abusing the Chapter 7 bankruptcy remedy.

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).

FAIR LABOR STANDARDS ACT (FLSA)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements ... (more...)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements for overtime and places restrictions on child labor.

BANKRUPTCY TRUSTEE

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is t... (more...)

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is to gather the debtor's nonexempt property, liquidate it and distribute it proportionally to her creditors. In a Chapter 13 case, the trustee's role is to receive the debtor's monthly payments and distribute them proportionally to her creditors.

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Marine City Credit & Debt Lawyer, Michigan, page 4

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Laura H. Mcmahon Lynch

Jennifer L. Pierce

Samuel M. Thompson

Elizabeth Marie Smith

Heather Marie Mason

Steven Michael Watmore

Irving Barry Marks

Elaine W. Mardirosian

Nadine Marie Koppin

Michelle A. King

TIPS

LEGAL TERMS

COLLECTION AGENCY

FCRA

C CORPORATION

WINDING UP

SECRET WARRANTY PROGRAM

PRESUMED ABUSE

CREDIT REPORT

FAIR LABOR STANDARDS ACT (FLSA)

BANKRUPTCY TRUSTEE

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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