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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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Jessica L. Zimbelman

Federal Appellate Practice, Criminal, Collection

Status: In Good Standing Licensed: 16 Years

CONTACT

200 N Washington Square, Lansing, MI 48933

David T. Bittner

Divorce, Contract, Collection, Personal Injury

Status: In Good Standing Licensed: 33 Years

CONTACT

710 E Grand River Ave, Howell, MI 48843

Steven H. Langschwager

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

Status: In Good Standing Licensed: 28 Years

CONTACT

525 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

Avar Patrice Laws-Wright

Criminal, Administrative Law, Collection, Estate Planning

Status: In Good Standing Licensed: 17 Years

CONTACT

611 W Ottawa St, Lansing, MI 48933

Douglas B. Shapiro

Federal Appellate Practice, Collection, Reinsurance, Criminal

Status: In Good Standing Licensed: 38 Years

CONTACT

925 W Ottawa St, Lansing, MI 48915

Gary L. Rogers

Other, Federal Appellate Practice, Criminal, Collection

Status: In Good Standing Licensed: 29 Years

CONTACT

925 W Ottawa St, Lansing, MI 48915

Laura M. Dudley

Criminal, Collection

Status: In Good Standing Licensed: 23 Years

CONTACT

4237 Merriman Loop, Howell, MI 48843

Shelley J. White-Thomas

Landlord-Tenant, Estate Planning, Elder Law, Collection

Status: In Good Standing Licensed: 21 Years

CONTACT

6101 Anacapri Blvd, Lansing, MI 48909

Michael J. Marutiak

Criminal, Administrative Law, Collection

Status: In Good Standing Licensed: 45 Years

CONTACT

1131 Vail Ct, Lansing, MI 48917

800-923-0641

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LEGAL TERMS

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.

FRAUDULENT TRANSFER

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee --... (more...)

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee -- for instance, when a debtor signs a car over to a relative to keep it out of the bankruptcy estate. Fraudulently transferred property can be recovered and sold by the trustee for the benefit of the creditors.

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.

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.

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.

FCRA

See Fair Credit Reporting Act.

GUARANTOR

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. T... (more...)

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. The guarantor gives a 'guaranty,' which is an assurance that the debt or other obligation will be fulfilled.

CREDIT INSURANCE

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay o... (more...)

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay off the remaining balance. Federal and state consumer protection laws require the lender to disclose to existing and potential borrowers the terms and costs of obtaining credit insurance because it can affect the terms of the loan.

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.

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Pleasant Lake Collection Lawyer, Michigan, page 3

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Jessica L. Zimbelman

David T. Bittner

Steven H. Langschwager

Maribeth L. Zeller

Avar Patrice Laws-Wright

Douglas B. Shapiro

Gary L. Rogers

Laura M. Dudley

Shelley J. White-Thomas

Michael J. Marutiak

TIPS

LEGAL TERMS

CREDIT BUREAU

FRAUDULENT TRANSFER

NONPROFIT CORPORATION

S CORPORATION

DEBT COLLECTOR

FCRA

GUARANTOR

CREDIT INSURANCE

ADMINISTRATIVE EXPENSES

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