Wilmot Bankruptcy & Debt Lawyer, Wisconsin

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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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John A. Ward

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Criminal, Bankruptcy & Debt, Estate, Divorce & Family Law, DUI-DWI

Some lawyers focus on plea bargaining. Others concentrate on mediation. At the office of John Anthony Ward, Attorney at Law, we are not afraid of a fi... (more)

CONTACT

262-205-6599

3636 80th Street, Kenosha, WI 53142

Anton B. Nickolai

Estate Planning, Estate, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

FREE CONSULTATION

CONTACT

308 Milwaukee Ave, Burlington, WI 53105

Kurt Carlson

Real Estate, Lawsuit & Dispute, Electronic Commerce, Criminal, Bankruptcy

Status: In Good Standing

CONTACT

10411 Corporate Dr, Pleasant Prairie, WI 53158

Ryan Tyler Carlson

Litigation, Bankruptcy, Foreclosure

Status: In Good Standing Licensed: 14 Years

CONTACT

10411 Corporate Dr, Pleasant Prairie, WI 53158

Kurt M. Carlson

Lawsuit & Dispute, Industry Specialties, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 28 Years

CONTACT

10411 Corporate Drive, Pleasant Prairie, WI 53158

Shannon E Wynn

Foreclosure, Real Estate, Estate, Bankruptcy & Debt

Status: In Good Standing Licensed: 14 Years

FREE CONSULTATION

CONTACT

772 W Main Street, Lake Geneva, WI 53147

Ronald M. Carlson

Business, Bankruptcy, Corporate, Commercial Real Estate

Status: In Good Standing Licensed: 47 Years

CONTACT

10411 Corporate Dr, Pleasant Prairie, WI 53158

Patrick Demoon

Landlord-Tenant, Estate Planning, Business, Bankruptcy

Status: In Good Standing

CONTACT

500 Commercial Court, Lake Geneva, WI 53147

Thomas A. Camilli

Real Estate, Litigation, Estate, Bankruptcy

Status: In Good Standing Licensed: 23 Years

CONTACT

6301 Green Bay Rd, Kenosha, WI 53142

Lakelaw Law Office

Bankruptcy, Banking & Finance, Corporate

Status: In Good Standing

CONTACT

6905 Green Bay Rd, Kenosha, WI 53142

800-923-0641

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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.

PREFERENCE

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commer... (more...)

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commercial creditors) and within one year for insider creditors (friends, family members, and business associates). Because a preference gives the creditor who received the payment an edge over other creditors in the bankruptcy case, the trustee can recover the preference (the amount of the payment) and distribute it among all of the creditors.

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.

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.

CREDIT BUREAU

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit... (more...)

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit card companies that use the information to screen applicants for loans and credit cards. There are three major credit bureaus, Equifax, Experian and Trans Union, and they are regulated by the federal Fair Credit Reporting Act.

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).

ACCORD AND SATISFACTION

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collectin... (more...)

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collecting as much money as they can from debtors who cannot pay the full amount.

FAIR CREDIT REPORTING ACT (FCRA)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to a... (more...)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to adopt reasonable procedures for gathering, maintaining and disseminating information and bars credit bureaus from reporting negative information that is older than seven years, except a bankruptcy, which may be reported for ten. If you notify a credit bureau of an error in your credit report, the FCRA requires the bureau to investigate your allegations within 30 days, review all information you provide, remove inaccurate and unverified information and adopt procedures to keep the information from reappearing. In addition, the law requires that creditors refrain from reporting incorrect information to credit bureaus.

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.

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Wilmot Bankruptcy & Debt Lawyer, Wisconsin

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

John A. Ward

Anton B. Nickolai

Kurt Carlson

Ryan Tyler Carlson

Kurt M. Carlson

Shannon E Wynn

Ronald M. Carlson

Patrick Demoon

Thomas A. Camilli

Lakelaw Law Office

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LEGAL TERMS

CHAPTER 7 BANKRUPTCY

PREFERENCE

DISCHARGEABLE DEBTS

FORBEARANCE

CREDIT BUREAU

LIEN

ACCORD AND SATISFACTION

FAIR CREDIT REPORTING ACT (FCRA)

TOXIC TORT

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