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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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Marjorie P. Russell

Employee Rights, Insurance, Collection, Medical Malpractice

Status: In Good Standing Licensed: 41 Years

CONTACT

305 N Fairview Ave, Lansing, MI 48912

Jennifer D. Martin

Divorce, Elder Law, Insurance, Collection

Status: In Good Standing Licensed: 26 Years

CONTACT

Lansing, MI 48909

Jessica L. Zimbelman

Federal Appellate Practice, Criminal, Collection

Status: In Good Standing Licensed: 16 Years

CONTACT

200 N Washington Square, Lansing, MI 48933

Bruce A. Timmons

Family Law, Elder Law, Administrative Law, Collection

Status: In Good Standing

CONTACT

2147 Tamarack Dr, Okemos, MI 48864

Steven H. Langschwager

Administrative Law, Collection, Federal Appellate Practice, Guardianships & Conservatorships

Status: In Good Standing Licensed: 27 Years

CONTACT

525 W Ottawa St, Lansing, MI 48933

Adam Lee Spinelli Fracassi

Election & Political, Civil Rights, Administrative Law, Collection

Status: In Good Standing Licensed: 9 Years

CONTACT

430 W Allegan St, Lansing, MI 48933

Avar Patrice Laws-Wright

Criminal, Administrative Law, Collection, Estate Planning

Status: In Good Standing Licensed: 16 Years

CONTACT

611 W Ottawa St, Lansing, MI 48933

Maribeth L. Zeller

Criminal, Collection

Status: In Good Standing Licensed: 20 Years

CONTACT

611 W Ottawa St, Lansing, MI 48933

Clinton Canady

Dispute Resolution, Criminal, Collection

Status: In Good Standing Licensed: 51 Years

CONTACT

313 W. Kalamazoo, Lansing, MI 48933

Gary L. Rogers

Other, Federal Appellate Practice, Criminal, Collection

Status: In Good Standing Licensed: 28 Years

CONTACT

925 W Ottawa St, Lansing, MI 48915

800-923-0641

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LEGAL TERMS

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.

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).

DISCHARGE (OF DEBTS)

A bankruptcy court's erasure of the debts of a person or business that has filed for bankruptcy.

LIABILITY

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pi... (more...)

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pipe bursts the day after Paul installs it, ruining the bathroom floor. This raises the issue of liability: Who is responsible for the damage? Peri claims that Paul is responsible, and sues him for the cost of hiring another plumber to fix the pipe and replacing the floor. Paul, in turn, claims that the pipe manufacturer is responsible, because they supplied him with faulty materials. Both Peri and Paul must prove their claims in court; if Paul and/or the manufacturer is found liable, one or both will have to pay damages to Peri. (2) Something for which a person is liable. For example, a debt is often called a liability.

DEBT COLLECTOR

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe... (more...)

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe. Debt collectors can be relentless, often using scare tactics, humiliation and repeated phone calls to extract payments or promises to pay.

ACCORD AND SATISFACTION

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collectin... (more...)

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collecting as much money as they can from debtors who cannot pay the full amount.

ADMINISTRATIVE EXPENSES

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Admi... (more...)

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Administrative costs are typically 10% of the debtor's total payments under the plan.

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.

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Ovid Collection Lawyer, Michigan, page 2

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Marjorie P. Russell

Jennifer D. Martin

Jessica L. Zimbelman

Bruce A. Timmons

Steven H. Langschwager

Adam Lee Spinelli Fracassi

Avar Patrice Laws-Wright

Maribeth L. Zeller

Clinton Canady

Gary L. Rogers

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LEGAL TERMS

FORBEARANCE

WORKOUT

CREDIT REPORT

DISCHARGE (OF DEBTS)

LIABILITY

DEBT COLLECTOR

ACCORD AND SATISFACTION

ADMINISTRATIVE EXPENSES

ABUSE

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