Heron Lake 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 Heron Lake Bankruptcy & Debt lawyer.
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Maryellen Suhrhoff

Government, Divorce & Family Law, Criminal, Bankruptcy & Debt

Status: In Good Standing Licensed: 27 Years

CONTACT

Windom, MN 56101

Lachlan B Muir

Contract, Collection, Elder Law, Divorce, Wills & Probate

Status: In Good Standing Licensed: 40 Years

CONTACT

1100 Springfield Parkway, Jackson, MN 56143

Aaron Mitchell Kinser

Real Estate, Estate, Divorce & Family Law, Criminal

Status: In Good Standing Licensed: 15 Years

CONTACT

1321 Smith Ave, Worthington, MN 56187

Amanda Lynn Delaney

General Practice

Status: In Good Standing Licensed: 12 Years

CONTACT

1010 Second Avenue, Worthington, MN 56187

Andrew M. Titus

Criminal, Traffic, Divorce & Family Law, Estate, Lawsuit & Dispute

Status: In Good Standing Licensed: 21 Years

FREE CONSULTATION

CONTACT

1008 4th Avenue, Worthington, MN 56187

Andrew E Hagemann

Commercial Real Estate, Real Estate, Estate Planning

Status: In Good Standing Licensed: 54 Years

CONTACT

906 Third Ave, Worthington, MN 56187

Ashley Jean Pike Schmit

Agriculture, Wills & Probate, Elder Law, Contract

Status: In Good Standing Licensed: 11 Years

CONTACT

603 Second Street, Jackson, MN 56143

Ashley J P Schmit

Wills & Probate, Contract, Elder Law, Agriculture

Status: In Good Standing Licensed: 11 Years

CONTACT

410 Springfield Pkwy, Jackson, MN 56143

Braden Michael Hoefert

General Practice

Status: In Good Standing Licensed: 12 Years

CONTACT

1530 Airport Road, Worthington, MN 56187

Bradley W Anderson

Antitrust

Status: In Good Standing Licensed: 41 Years

CONTACT

Jackson, MN 56143

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LEGAL TERMS

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.

TRUTH IN LENDING ACT (TILA)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disc... (more...)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disclose the terms of a loan, including the total amount of the loan, the annual interest rate and the number, amount and due dates of all payments necessary to repay the loan. The TILA requires additional disclosures and places many restrictions on mortgages.

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.

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.

CREDIT COUNSELING

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Unde... (more...)

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Under the new bankruptcy law, a debtor must undergo credit counseling with an approved provider before filing for bankruptcy.

CHAPTER 13 PLAN

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to ... (more...)

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to pay all mandatory debts -- for example, back child support, taxes, and mortgage arrearages -- as well as some or all unsecured, nonpriority debts, such as medical and credit card bills.

TRADE NAME

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

NO-FAULT INSURANCE

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain ... (more...)

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain amount, regardless of who was at fault. The effect of no-fault insurance laws is to eliminate lawsuits in small accidents. The advantage is the prompt payment of medical bills and expenses. The downsides are that the amounts paid by no-fault policies are often not enough to fully cover a person's losses and that no-fault does not compensate for pain and suffering.

LIEN

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortg... (more...)

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortgages, home equity loans, car loans and personal loans for which you pledge property to guarantee repayment. Liens created without your consent are called nonconsensual liens, and include judgment liens (liens filed by a creditor who has sued you and obtained a judgment), tax liens and mechanics liens (liens filed by a contractor who worked on your house but wasn't paid).

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Heron Lake Bankruptcy & Debt Lawyer, Minnesota

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

Maryellen Suhrhoff

Lachlan B Muir

Aaron Mitchell Kinser

Amanda Lynn Delaney

Andrew M. Titus

Andrew E Hagemann

Ashley Jean Pike Schmit

Ashley J P Schmit

Braden Michael Hoefert

Bradley W Anderson

TIPS

LEGAL TERMS

SOLE PROPRIETORSHIP

TRUTH IN LENDING ACT (TILA)

FRAUDULENT TRANSFER

CHAPTER 13 BANKRUPTCY

CREDIT COUNSELING

CHAPTER 13 PLAN

TRADE NAME

NO-FAULT INSURANCE

LIEN

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