Elmore 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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Ryan Andrew Gustafson

Wills & Probate, Family Law, Corporate, Personal Injury

Status: In Good Standing Licensed: 13 Years

CONTACT

117 W Fifth St, Blue Earth, MN 56013

Daniel Lee Lundquist

Family Law, Elder Law, Corporate, Personal Injury

Status: In Good Standing Licensed: 19 Years

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117 W Fifth St, Blue Earth, MN 56013

Douglas L Richards

General Practice

Status: Deceased Licensed: 47 Years

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1006 Highland Dr, Blue Earth, MN 56013

James L Beattie

Computer Law, Industry Specialties, Contract

Status: In Good Standing Licensed: 41 Years

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126 W. Second Street, Blue Earth, MN 56013

David Francis Frundt

Power of Attorney, Immigration, Wrongful Termination, Medical Malpractice, State and Local

Status: In Good Standing Licensed: 26 Years

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117 W 5Th Street, Blue Earth, MN 56013

Christopher John Ubben

Estate Planning, Real Estate

Status: In Good Standing Licensed: 11 Years

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117 W 5th St., Blue Earth, MN 56013

Bruce Elliot Sellers

Real Estate, Employment, Business, Accident & Injury

Status: In Good Standing Licensed: 24 Years

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825 E Second Street, Blue Earth, MN 56013

Troy Gene Timmerman

Real Estate, Government, Estate, Divorce & Family Law

Status: In Good Standing Licensed: 30 Years

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Blue Earth, MN 56013

Arvid L Wendland

General Practice

Status: In Good Standing Licensed: 59 Years

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216 North Main Street, Blue Earth, MN 56013

Robert L Hammond

General Practice

Status: Suspended Licensed: 49 Years

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123 W 7Th Street, Blue Earth, MN 56013

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LEGAL TERMS

DISCHARGEABLE DEBTS

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bill... (more...)

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bills and medical bills. Compare nondischargeable debts.

REAFFIRMATION

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing deb... (more...)

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing debt after the bankruptcy case is over. For instance, a debtor might make a reaffirmation agreement with the holder of a car note that the debtor can keep the car and must continue to pay the debt after bankruptcy.

TRADE NAME

The official name of a business, the one it uses on its letterhead and bank account when not dealing with consumers.

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.

GUARANTEED RESERVATION

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehic... (more...)

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehicle for you no matter when you show up. If you have a guaranteed reservation with a hotel, it must provide you with a room, either at that hotel or at another comparable establishment. If you have a guaranteed reservation with a car agency, it must provide you with a vehicle. The downside of a guaranteed reservation is that if you don't show up and haven't cancelled your reservation, you will be billed for one night in the room or one day's use of the vehicle.

NONEXEMPT PROPERTY

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typicall... (more...)

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typically includes valuable clothing (furs) and electronic equipment, an expensive car that's been paid off and most of the equity in your house. Compare exempt property.

BULK SALES LAW

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to ... (more...)

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to conduct a bulk sale of business assets -- that is, get rid of an unusually large amount of inventory, merchandise or equipment -- the business owner must typically publish a notice of the sale and give written notice to creditors. Then, the owner must set up an account to hold the funds from the sale for a brief period of time during which creditors may make claims against the money. The prohibition against bulk sales is spelled out in the Uniform Commercial Code -- and laws modeled on the UCC have been generally adopted throughout the country.

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.

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.

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Elmore Bankruptcy & Debt Lawyer, Minnesota

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

Ryan Andrew Gustafson

Daniel Lee Lundquist

Douglas L Richards

James L Beattie

David Francis Frundt

Christopher John Ubben

Bruce Elliot Sellers

Troy Gene Timmerman

Arvid L Wendland

Robert L Hammond

TIPS

LEGAL TERMS

DISCHARGEABLE DEBTS

REAFFIRMATION

TRADE NAME

BANKRUPTCY

GUARANTEED RESERVATION

NONEXEMPT PROPERTY

BULK SALES LAW

C CORPORATION

TRADE DRESS

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