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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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Peter W. Cravens

Criminal, Collection

Status: In Good Standing Licensed: 33 Years

CONTACT

110 Lake Shore Dr, Brooklyn, MI 49230

Darryl R. Mazur

Consumer Bankruptcy, Criminal

Status: In Good Standing Licensed: 51 Years

CONTACT

4203 Aspen Way, Jackson, MI 49201

Jaelle Mackenzie Richardson

Family Law, Collection, Gay & Lesbian Rights, Criminal

Status: In Good Standing

CONTACT

4386 Scott Carpenter Dr, Jackson, MI 49201

Anne Walker White

Biotechnology, Labor Law, Business, Consumer Bankruptcy

Status: In Good Standing Licensed: 40 Years

CONTACT

1 Comtronics Pl, Jackson, MI 49203

Michelle L. Marrs

Bankruptcy & Debt, Credit & Debt, Divorce & Family Law, Reorganization, Lawsuit & Dispute

Status: In Good Standing

FREE CONSULTATION

CONTACT

209 E Washington, Jackson, MI 49201

Jeffrey Thomas Landon

Divorce & Family Law, DUI-DWI, Criminal, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 14 Years

CONTACT

120 W. Michigan Ave., Jackson, MI 49201

Kimberly C. Wilson

Real Estate, Reinsurance, Business, Consumer Bankruptcy

Status: In Good Standing

CONTACT

759 Beverly Park Pl, Jackson, MI 49203

Michael G. Wilson

Divorce, Contract, Bankruptcy & Debt

Status: In Good Standing Licensed: 43 Years

CONTACT

759 Beverly Park Pl, Jackson, MI 49203

Bridgette Mae Austin

Tax, Bankruptcy & Debt

Status: In Good Standing Licensed: 14 Years

CONTACT

180 W Michigan Ave,, Jackson, MI 49201

Lineas L Baze

Bankruptcy

Status: In Good Standing Licensed: 41 Years

CONTACT

335 W Cortland Ave, Jackson, MI 49201

800-923-0641

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LEGAL TERMS

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.

BANKRUPTCY

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are ... (more...)

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are two types of bankruptcies -- liquidation, in which your debts are wiped out (discharged) and reorganization, in which you provide the court with a plan for how you intend to repay your debts. For both consumers and business, liquidation bankruptcy is called Chapter 7. For consumers, reorganization bankruptcy is called Chapter 13. Reorganization bankruptcy for consumers with an extraordinary amount of debt and for businesses is called Chapter 11. Reorganization bankruptcy for family farmers is called Chapter 12.

COSIGNER

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for t... (more...)

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for the loan or debt. Many people use cosigners to qualify for a loan or credit card. Landlords may require a cosigner when renting to a student or someone with a poor credit history.

COLLATERAL

Property that guarantees payment of a secured debt.

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.

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.

LOSS DAMAGE WAIVER (LDW)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it ofte... (more...)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it often duplicates coverage provided by the renter's regular car insurance and/or the credit card she uses to rent the car. Nevertheless, hard-sell practices by rental car agents often dupe people into buying LDWs they don't really need. LDW is also called 'collision damage waiver.'

FAIR CREDIT BILLING ACT (FCBA)

A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days af... (more...)

A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days after it mailed the bill to you. The company must then correct the mistake, or at least acknowledge receipt of your letter within 30 days, and must correct the error within 90 days or explain why it believes the credit card statement is correct.

S CORPORATION

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status fro... (more...)

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status from the Internal Revenue Service. Electing to do business as an S corporation lets shareholders enjoy limited liability status, as would be true of any corporation, but be taxed like a partnership or sole proprietor. That is, instead of being taxed as a separate entity (as would be the case with a regular or C corporation) an S corporation is a pass-through tax entity: income taxes are reported and paid by the shareholders, not the S corporation. To qualify as an S corporation a number of IRS rules must be met, such as a limit of 75 shareholders and citizenship requirements.

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Napoleon Bankruptcy & Debt Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Peter W. Cravens

Darryl R. Mazur

Jaelle Mackenzie Richardson

Anne Walker White

Michelle L. Marrs

Jeffrey Thomas Landon

Kimberly C. Wilson

Michael G. Wilson

Bridgette Mae Austin

Lineas L Baze

TIPS

LEGAL TERMS

WORKOUT

BANKRUPTCY

COSIGNER

COLLATERAL

ABUSE

TRUTH IN LENDING ACT (TILA)

LOSS DAMAGE WAIVER (LDW)

FAIR CREDIT BILLING ACT (FCBA)

S CORPORATION

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