Crosslake 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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2. Email
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Edward R Shaw

✓ VERIFIED

Divorce & Family Law, Criminal, Real Estate, Estate, Bankruptcy & Debt

The Law Office of Attorney Edward R. Shaw is located in Brainerd, Minnesota and has been serving the Brainerd Lakes Area and surrounding counties with... (more)

CONTACT

800-454-5220

722 S 6th St, Brainerd, MN 56401

Jon A. Hanson

Consumer Rights, Business, Bankruptcy

Status: In Good Standing

CONTACT

Crosslake, MN 56442

Andrew Brian Kalis

Divorce & Family Law, Civil & Human Rights, Collection

Status: In Good Standing Licensed: 17 Years

CONTACT

201 Minnesota Avenue N., Aitkin, MN 56431

Gregory J Lange

Commercial Real Estate, Litigation, Family Law, Insurance, Collection

Status: In Good Standing Licensed: 44 Years

CONTACT

718 Front Street, Brainerd, MN 56401

Mark P Kovalchuk

Real Estate, Intellectual Property, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 51 Years

CONTACT

2091 Perch Lane S.W., Nisswa, MN 56468

Daniel Mayer Hawley

Divorce & Family Law, DUI-DWI, Elder Law, Contract, Collection

Status: In Good Standing

CONTACT

14275 Golf Course Dr, Brainerd, MN 56425

James M Gammello

Landlord-Tenant, Wills & Probate, Corporate, Consumer Bankruptcy

Status: In Good Standing Licensed: 42 Years

CONTACT

14275 Golf Course Dr, Brainerd, MN 56425

Mark Andrew Severson

Elder Law, Banking & Finance, Collection, Products Liability, Wills & Probate

Status: In Good Standing

CONTACT

319 S 6Th St, Brainerd, MN 56401

Marc Dosser

Criminal, Family Law, Bankruptcy, Estate, Landlord-Tenant

Status: In Good Standing

CONTACT

722 S 6th St, Brainerd, MN 56401

Jerry Bruce Steinke

Wills & Probate, Elder Law, Corporate, Collection

Status: In Good Standing Licensed: 27 Years

CONTACT

315 Hawkins Dr, Brainerd, MN 56401

800-923-0641

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800-943-8690

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LEGAL TERMS

PRESUMED ABUSE

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means te... (more...)

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means test, the court will presume that the debtor has sufficient income to fund a Chapter 13 plan. In this situation, the debtor will not be allowed to proceed with a Chapter 7 bankruptcy unless the debtor can prove that he or she is not abusing the Chapter 7 bankruptcy remedy.

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.

SETOFF

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a countercl... (more...)

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a counterclaim filed by a defendant in a lawsuit. Banks may try to exercise a setoff by taking money out of a deposit account to satisfy past due payments on a loan or credit card bill. Such an act is illegal under most circumstances.

SECURED DEBT

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collater... (more...)

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collateral, to satisfy the debt if you default. Compare unsecured debt.

SOLE PROPRIETORSHIP

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, m... (more...)

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, meaning that business profits are reported and taxed on the owner's personal tax return. Setting up a sole proprietorship is cheap and easy since no legal formation documents need be filed with any governmental agency (although tax registration and other permit and license requirements may still apply). Once you file a fictitious name statement (assuming you don't use your own name) and obtain any required basic tax permits and business licenses, you'll be in business. The main downside of a sole proprietorship is that its owner is personally liable for all business debts.

CREDIT FILE

See credit report.

401(K) PLAN

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income ... (more...)

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income taxes on the amount invested and any earnings are due until the employee withdraws money from the fund.

TRADE DRESS

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape... (more...)

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape of Frangelico liqueur bottles. Trade dress can be protected under trademark law if a showing can be made that the average consumer would likely be confused as to product origin if another product were allowed to appear in similar dress.

Crosslake Bankruptcy & Debt Lawyer, Minnesota

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

Edward R Shaw

Jon A. Hanson

Andrew Brian Kalis

Gregory J Lange

Mark P Kovalchuk

Daniel Mayer Hawley

James M Gammello

Mark Andrew Severson

Marc Dosser

Jerry Bruce Steinke

TIPS

LEGAL TERMS

PRESUMED ABUSE

WORKOUT

SETOFF

SECURED DEBT

SOLE PROPRIETORSHIP

CREDIT FILE

401(K) PLAN

TRADE DRESS

FDCPA

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