Rushford 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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Richard F. Blahnik

Estate Planning, Banking & Finance, Credit & Debt, Bankruptcy

Status: In Good Standing

CONTACT

177 Main Street, Winona, MN 55987

Bruce A. Nelson

Criminal, Banking & Finance, Credit & Debt, Bankruptcy

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Dennis Rutgers

Foreclosure, Bankruptcy, DUI-DWI, Divorce

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James P. Ryan

Estate Planning, Family Law, Criminal, Bankruptcy

Status: In Good Standing Licensed: 46 Years

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Litigation, Criminal, Bankruptcy, Personal Injury

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313 West 6Th Street, Saint Charles, MN 55972

John Charles Beatty

Commercial Real Estate, Litigation, Business & Trade, Collection, Wrongful Death

Status: In Good Standing Licensed: 20 Years

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30 3rd Street SE, Rochester, MN 55904

Karl Kruger

Estate Planning, Bankruptcy, Welfare, Family Law, Criminal

Status: In Good Standing

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9 First St Nw, Rochester, MN 55901

Kristine L. Dicke

Bankruptcy, Welfare, Dispute Resolution, Family Law, Criminal

Status: In Good Standing Licensed: 38 Years

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407 14Th St Nw, Rochester, MN 55903

Paul W Bucher

Business, Real Estate, Bankruptcy, Estate

Status: In Good Standing Licensed: 44 Years

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30 3rd Street SE, Rochester, MN 55904

Brian James Ellsworth

Litigation, Consumer Bankruptcy, Bankruptcy, Products Liability

Status: In Good Standing

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302 Elton Hills Drive, Rochester, MN 55902

800-923-0641

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LEGAL TERMS

FORBEARANCE

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily ... (more...)

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily postponing or reducing the borrower's payments.

ABUSE

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because ... (more...)

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because the debtor appears to have enough disposable income to fund a Chapter 13 repayment plan.

GUARANTOR

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. T... (more...)

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. The guarantor gives a 'guaranty,' which is an assurance that the debt or other obligation will be fulfilled.

LIMITED PARTNERSHIP

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner ... (more...)

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner or partners (called general partners) have unlimited personal liability. The key difference between a general and limited partner concerns management decision making--general partners run the business, and limited partners, who are usually passive investors, are not allowed to make day-to-day business decisions. If they do, they risk being treated as general partners with unlimited personal liability.

GARNISHMENT

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if ... (more...)

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if she loses a lawsuit filed by the creditor. Up to 25% of a person's wages can be deducted.

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.

DEBIT CARD

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can ... (more...)

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can also be used at stores to pay for goods and services in place of a check. Unlike a credit card, a debit card automatically withdraws money from your checking account at the time of the transaction. Debit cards are regulated by the Electronic Funds Transfer Act.

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.

Rushford Bankruptcy & Debt Lawyer, Minnesota

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

Richard F. Blahnik

Bruce A. Nelson

Dennis Rutgers

James P. Ryan

James P. Ryan

John Charles Beatty

Karl Kruger

Kristine L. Dicke

Paul W Bucher

Brian James Ellsworth

TIPS

LEGAL TERMS

FORBEARANCE

ABUSE

GUARANTOR

LIMITED PARTNERSHIP

GARNISHMENT

CHAPTER 7 BANKRUPTCY

DEBIT CARD

LIABILITY

FCBA

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