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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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3. Articles
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C Mark Stoppels

Business Organization, Collection, Banking & Finance, Wills & Probate

Status: In Good Standing

CONTACT

825 Parchment Drive S. E., Grand Rapids, MI 49546

Doris Marie Day-Winters

Divorce & Family Law, Criminal, Family Law, Collection

Status: In Good Standing Licensed: 21 Years

CONTACT

1515 Peck St, Muskegon, MI 49441

Visishta Boeringa

Dispute Resolution, Deportation, Divorce, Collection

Status: In Good Standing Licensed: 9 Years

CONTACT

990 Terrace Ave, Muskegon, MI 49442

Daniel Luke Short

Juvenile Law, Medical Products & Devices, Family Law, Collection

Status: In Good Standing Licensed: 10 Years

CONTACT

990 Terrace St, Muskegon, MI 49442

Katie Lynn Tournoux

Workers' Compensation, Corporate, Collection, Medical Malpractice

Status: In Good Standing Licensed: 23 Years

CONTACT

800 1St St, Muskegon, MI 49443

Paula F. Butler

Collection, Veterans' Affairs

Status: In Good Standing Licensed: 33 Years

CONTACT

1326 Dudley Ave, Muskegon, MI 49442

Julianna Marie Hyatt-Wierzbicki

Divorce, Corporate, Collection, Personal Injury

Status: In Good Standing Licensed: 16 Years

CONTACT

900 3Rd St, Muskegon, MI 49440

Brandon Deandre-Blair Davis

Government, Labor Law, Criminal, Collection

Status: In Good Standing Licensed: 14 Years

CONTACT

2743 Henry St, Muskegon, MI 49441

Fredric F. Balgooyen

Estate Planning, Family Law, Elder Law, Collection

Status: In Good Standing Licensed: 57 Years

CONTACT

633 Seminole Rd, Muskegon, MI 49441

Christopher A. Hemry

Family Law, Collection, Labor Law, Immigration

Status: In Good Standing

CONTACT

1050 Airport Rd, Muskegon, MI 49441

800-923-0641

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LEGAL TERMS

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.

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).

TRADE NAME

The official name of a business, the one it uses on its letterhead and bank account when not dealing with consumers.

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.

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.

FORBEARANCE

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily ... (more...)

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily postponing or reducing the borrower's payments.

WORKOUT

A debtor's plan to take care of a debt, by paying it off or through loan forgiveness. Workouts are often created to avoid bankruptcy or foreclosure proceedings.

GUARANTEED RESERVATION

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehic... (more...)

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehicle for you no matter when you show up. If you have a guaranteed reservation with a hotel, it must provide you with a room, either at that hotel or at another comparable establishment. If you have a guaranteed reservation with a car agency, it must provide you with a vehicle. The downside of a guaranteed reservation is that if you don't show up and haven't cancelled your reservation, you will be billed for one night in the room or one day's use of the vehicle.

CHAPTER 13 BANKRUPTCY

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your inc... (more...)

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your income to pay all or a portion of the debts over three to five years. The minimum amount you must pay is roughly equal to the value of your nonexempt property. In addition, you must pledge your disposable net income -- after subtracting reasonable expenses -- for the period during which you are making payments. At the end of the three-to five-year period, the balance of what you owe on most debts is erased.

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Muskegon Collection Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

C Mark Stoppels

Doris Marie Day-Winters

Visishta Boeringa

Daniel Luke Short

Katie Lynn Tournoux

Paula F. Butler

Julianna Marie Hyatt-Wierzbicki

Brandon Deandre-Blair Davis

Fredric F. Balgooyen

Christopher A. Hemry

TIPS

LEGAL TERMS

SUBROGATION

CREDIT REPORT

TRADE NAME

CREDIT BUREAU

NONPROFIT CORPORATION

FORBEARANCE

WORKOUT

GUARANTEED RESERVATION

CHAPTER 13 BANKRUPTCY

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