Plummer Bankruptcy & Debt Lawyer, Minnesota, page 2

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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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Paul J Ihle

General Practice

Status: Retired Licensed: 48 Years

CONTACT

312 N. Main Avenue, Thief River Falls, MN 56701

Louann Carol Mcglynn

General Practice

Status: In Good Standing Licensed: 22 Years

CONTACT

30842 160Th Avenue S.E., Mentor, MN 56736

Kenneth R Erie

General Practice

Status: Retired Licensed: 67 Years

CONTACT

Erskine, MN 56535

Warren A Saetre

General Practice

Status: Suspended Licensed: 74 Years

CONTACT

Route 8, Thief River Falls, MN 56701

John C Novacek

General Practice

Status: Deceased Licensed: 51 Years

CONTACT

122 North Labre Ave, Thief River Falls, MN 56701

Scott Gerard Collins

General Practice

Status: In Good Standing Licensed: 35 Years

CONTACT

Thief River Falls, MN 56701

John Mattson

General Practice

Status: Retired Licensed: 48 Years

CONTACT

14417 Riverbend Trail, Thief River Falls, MN 56701

David M Olin

General Practice

Status: Retired Licensed: 52 Years

CONTACT

901 Spruce Avenue South, Thief River Falls, MN 56701

Kristine Cora Goddard-Anderson

General Practice

Status: In Good Standing Licensed: 21 Years

CONTACT

110 Eastwood Drive, Thief River Falls, MN 56701

Michael Mckenna Mattocks

General Practice

Status: In Good Standing Licensed: 16 Years

CONTACT

208 N Labree Avenue, Thief River Falls, MN 56701

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LEGAL TERMS

CHAPTER 7 BANKRUPTCY

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 b... (more...)

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 bankruptcy takes from three to six months, costs about $200, and commonly requires only one trip to the courthouse.

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.

CREDIT REPORT

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you m... (more...)

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you make the payments on time, as well as personal history, such as your former addresses, employment record and lawsuits in which you have been involved. An estimated 50% of all credit reports contain errors, such as accounts that don't belong to you, an incorrect account status or information reported that is older than seven years (ten years in the case of a bankruptcy).

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily fu... (more...)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily funded by voluntary donations from the creditors that receive payments from debtors repaying their debts through that office. Despite this criticism, most CCCS counselors provide clients with thorough and neutral advice.

GENERAL PARTNER

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the... (more...)

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the business's debts and obligations. A general partner's actions can legally bind the entire business. See also partnership, limited partnership.

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemp... (more...)

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemptible because it has been damaged or destroyed.

TOXIC TORT

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and su... (more...)

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and suffering.

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.

Plummer Bankruptcy & Debt Lawyer, Minnesota, page 2

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

Paul J Ihle

Louann Carol Mcglynn

Kenneth R Erie

Warren A Saetre

John C Novacek

Scott Gerard Collins

John Mattson

David M Olin

Kristine Cora Goddard-Anderson

Michael Mckenna Mattocks

TIPS

LEGAL TERMS

CHAPTER 7 BANKRUPTCY

SETOFF

CREDIT REPORT

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

GENERAL PARTNER

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

TOXIC TORT

CHAPTER 13 BANKRUPTCY

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