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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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Pamela E. Stefan

Divorce, Elder Law, Contract, Collection

Status: In Good Standing Licensed: 34 Years

CONTACT

115 N Main St, Vassar, MI 48768

Alan D. Walton

Family Law, Bankruptcy & Debt

Status: In Good Standing Licensed: 44 Years

CONTACT

8070 Main St, Birch Run, MI 48415

Rex C. Anderson

Criminal, Consumer Bankruptcy, Bankruptcy, Personal Injury

Status: In Good Standing

CONTACT

9459 Lapeer Rd, Davison, MI 48423

David W. Brown

Real Estate, Family Law, Criminal, Business, Bankruptcy

Status: In Good Standing

CONTACT

1820 N Lapeer Rd, Lapeer, MI 48446

Laura D. Breckenridge

Bankruptcy & Debt, Credit & Debt

Status: In Good Standing Licensed: 23 Years

CONTACT

726 Church Street, Flint, MI 48502

Monica Wilson

Trusts, Divorce, Elder Law, Bankruptcy

Status: In Good Standing

CONTACT

400 N Saginaw St, Flint, MI 48502

Mark N. Clement

Criminal, Foreclosure, Bankruptcy, Traffic

Status: In Good Standing

CONTACT

503 S. Saginaw, Flint, MI 48502

Amy J. De Nise

Litigation, Estate Planning, Elder Law, Collection

Status: In Good Standing Licensed: 26 Years

CONTACT

111 E Court St, Flint, MI 48502

Heather Valynn Burnash

Traffic, Medical Products & Devices, Criminal, Collection

Status: In Good Standing

CONTACT

503 S Saginaw St, Flint, MI 48502

Sara K. Coaster

Criminal, Collection, Accident & Injury

Status: In Good Standing Licensed: 14 Years

CONTACT

503 S Saginaw St, Flint, MI 48502

800-923-0641

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LEGAL TERMS

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.

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).

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.

REDEMPTION

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump s... (more...)

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump sum. For example, a debtor may redeem a car note by paying the lender the amount a retail vendor would charge for the car, considering its age and condition.

TRUTH IN LENDING ACT (TILA)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disc... (more...)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disclose the terms of a loan, including the total amount of the loan, the annual interest rate and the number, amount and due dates of all payments necessary to repay the loan. The TILA requires additional disclosures and places many restrictions on mortgages.

REPOSSESSION

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and ... (more...)

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and has not attempted to work with the lender to resolve the problem. A repossessor can't use force to get at your car, but he can legally hot-wire it and even drive it out of your unlocked garage.

SETOFF

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a countercl... (more...)

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a counterclaim filed by a defendant in a lawsuit. Banks may try to exercise a setoff by taking money out of a deposit account to satisfy past due payments on a loan or credit card bill. Such an act is illegal under most circumstances.

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.

Millington Bankruptcy & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Pamela E. Stefan

Alan D. Walton

Rex C. Anderson

David W. Brown

Laura D. Breckenridge

Monica Wilson

Mark N. Clement

Amy J. De Nise

Heather Valynn Burnash

Sara K. Coaster

TIPS

LEGAL TERMS

INFRINGEMENT (OF TRADEMARK)

CREDIT REPORT

PRESUMED ABUSE

REDEMPTION

TRUTH IN LENDING ACT (TILA)

REPOSSESSION

SETOFF

C CORPORATION

FCBA

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