Alexandria Bankruptcy & Debt Lawyer, Minnesota

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Bethany Danner
About | Practice Areas
Morris Law Group PA
7380 France Ave S. Suite 250 Edina, MN 55435» view map
Bankruptcy & Debt
We Are Experts In What We Do

Whether it’s your home or business, you are important to us. Reach out today to set up a meeting with one of our experienced Edina lawyers.

952-832-2000
1. Bethany Danner Edina, MN
  Attorney at Law- MN, 2015
2. AboutMorris Law Group PA
  We Are Experts In What We Do
3. Practice AreasExpertise
  Bankruptcy & Debt
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Not enough matches for Alexandria Bankruptcy & Debt lawyer.
Below are all Alexandria lawyers.

Thomas Alan Jacobson

Civil Rights, Construction, Personal Injury, Family Law, Government

Status: In Good Standing Licensed: 34 Years

CONTACT

710 Broadway Street, Alexandria, MN 56308

Scott Michael Dutcher

Trusts, Divorce, DUI-DWI, Bankruptcy

Status: In Good Standing

CONTACT

115 West Third Avenue, Alexandria, MN 56308

Joellen Pfeifle Doebbert

Estate Planning, Wills & Probate, Trusts, Wills & Probate, Commercial Real Estate

Status: In Good Standing Licensed: 36 Years

CONTACT

121 5Th Ave West, Alexandria, MN 56308

Paul V Mccarten

Accident & Injury, Car Accident, Personal Injury, Medical Malpractice

Status: In Good Standing Licensed: 50 Years

CONTACT

123 3Rd Ave E, Alexandria, MN 56308

Deanna M Mccashin

Workers' Compensation, Sexual Harassment, Discrimination, Personal Injury, Mass Torts

Status: In Good Standing Licensed: 40 Years

CONTACT

6747 State Hwy, Alexandria, MN 56308

Gregory Francis Donahue

Landlord-Tenant, Copyright, Divorce, Child Custody, DUI-DWI

Status: In Good Standing

CONTACT

710 Broadway, Alexandria, MN 56308

Derek Allen Trosvig

Trusts, Employment, Family Law, Civil Rights, Personal Injury

Status: In Good Standing

CONTACT

710 Broadway, Alexandria, MN 56308

Michael J. Dolan

Employment, Family Law, Divorce & Family Law, Accident & Injury

Status: In Good Standing

CONTACT

1017 Broadway, Alexandria, MN 56308

Megan Elizabeth Burkhammer

Family Law, Divorce, Juvenile Law, Criminal

Status: In Good Standing Licensed: 18 Years

CONTACT

1017 Broadway, Alexandria, MN 56308

Thomas Patrick Klecker

Government, Trusts, Workers' Compensation, Civil & Human Rights

Status: In Good Standing

CONTACT

1017 Broadway, Alexandria, MN 56308

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LEGAL TERMS

IRS EXPENSES

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income mu... (more...)

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income must use the IRS expenses to calculate their average net income in a Chapter 7 case, or their disposable income in a Chapter 13 case.

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.

PREFERENCE

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commer... (more...)

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commercial creditors) and within one year for insider creditors (friends, family members, and business associates). Because a preference gives the creditor who received the payment an edge over other creditors in the bankruptcy case, the trustee can recover the preference (the amount of the payment) and distribute it among all of the creditors.

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.

UNSECURED DEBT

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only reme... (more...)

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only remedy is to sue you and get a judgment. Compare secured debt.

MEANS TEST

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income ... (more...)

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income for his or her state should be allowed to file for Chapter 7 bankruptcy.

CCCS

See Consumer Credit Counseling Service.

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.

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.

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Alexandria Bankruptcy & Debt Lawyer, Minnesota

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

Thomas Alan Jacobson

Scott Michael Dutcher

Joellen Pfeifle Doebbert

Paul V Mccarten

Deanna M Mccashin

Gregory Francis Donahue

Derek Allen Trosvig

Michael J. Dolan

Megan Elizabeth Burkhammer

Thomas Patrick Klecker

TIPS

LEGAL TERMS

IRS EXPENSES

S CORPORATION

PREFERENCE

CHAPTER 13 BANKRUPTCY

UNSECURED DEBT

MEANS TEST

CCCS

LIABILITY

C CORPORATION

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