Saginaw Reorganization Lawyer, Minnesota

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John Hedtke
About | Practice Areas
Hedtke Law Office
1217 E. 1St Street Duluth, MN 55805» view map
Bankruptcy & Debt
Sensible Debt Solutions

Hedtke Law Office is here to answer your questions and guide you through the bankruptcy process. We work to help you reduce your debt while keeping your personal property.

800-887-8940
1. John Hedtke Duluth, MN
  Attorney at Law - MN, 1985
  William Mitchell College J.D.
2. AboutHedtke Law Office
  Sensible Debt Solutions
3. Practice AreasExpertise
  Bankruptcy & Debt
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Below are all Saginaw Bankruptcy & Debt lawyers.

Yvonne Michaud Novak

Estate, Consumer Bankruptcy, Limited Liability Companies, Trusts

Status: Licensed: 22 Years

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202 W Superior St, Duluth, MN 55802

Paul Voge

Land Use & Zoning, Litigation, Wills & Probate, Consumer Bankruptcy

Status: Licensed: 19 Years

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6254 Ryan Road, Duluth, MN 55804

David Allen Stromgren

Real Estate, Estate, Divorce & Family Law, Bankruptcy & Debt

Status: Licensed: 48 Years

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403 North 57Th Avenue West, Duluth, MN 55807

Katrina Maria Viegas

DUI-DWI, Elder Law, Contract, Collection, Divorce & Family Law

Status: Licensed: 14 Years

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227 W 1St St, Duluth, MN 55802

Peter Cosmas Greenlee

Tax, Child Custody, Business Organization, Bankruptcy, Bankruptcy & Debt

Status:

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109 N. 2nd Avenue West, Duluth, MN 55802

Tiffany Rose Doherty-Schooler

Estate Planning, Bankruptcy, DUI-DWI, Juvenile Law

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424 W. Superior Street, Duluth, MN 55802

John H Bray

Real Estate, Lawsuit & Dispute, Bankruptcy & Debt

Status: Licensed: 34 Years

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207 W. Superior Street, Duluth, MN 55802

Dehlia Clair Johnson Seim

Real Estate, Estate, Bankruptcy & Debt

Status: Licensed: 20 Years

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302 W Superior St, Duluth, MN 55802

Paul Anthony Loraas

Real Estate, Bankruptcy & Debt

Status: Licensed: 30 Years

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302 W Superior St, Duluth, MN 55802

Robert Reid Kanuit

Landlord-Tenant, Wills & Probate, Corporate, Bankruptcy

Status: Licensed: 31 Years

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302 W Superior St, Duluth, MN 55802

800-923-0641

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LEGAL TERMS

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.

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.

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.

FCBA

See Fair Credit Billing Act.

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.

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.

S CORPORATION

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status fro... (more...)

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status from the Internal Revenue Service. Electing to do business as an S corporation lets shareholders enjoy limited liability status, as would be true of any corporation, but be taxed like a partnership or sole proprietor. That is, instead of being taxed as a separate entity (as would be the case with a regular or C corporation) an S corporation is a pass-through tax entity: income taxes are reported and paid by the shareholders, not the S corporation. To qualify as an S corporation a number of IRS rules must be met, such as a limit of 75 shareholders and citizenship requirements.

MEETING OF CREDITORS

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a f... (more...)

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a few questions. In a Chapter 7, the meeting of creditors lasts a few minutes and rarely do any creditors show up. In a Chapter 13 bankruptcy, one or two creditors may attend, especially if they disagree with some provision of your repayment plan.

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.

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Saginaw Reorganization Lawyer, Minnesota

Sponsored Law Firm

Hedtke Law Office

SPONSORED LAWYERS

Yvonne Michaud Novak

Paul Voge

David Allen Stromgren

Katrina Maria Viegas

Peter Cosmas Greenlee

Tiffany Rose Doherty-Schooler

John H Bray

Dehlia Clair Johnson Seim

Paul Anthony Loraas

Robert Reid Kanuit

TIPS

LEGAL TERMS

LIMITED PARTNERSHIP

DISCHARGEABLE DEBTS

SETOFF

FCBA

FORBEARANCE

CHAPTER 7 BANKRUPTCY

S CORPORATION

MEETING OF CREDITORS

LIABILITY

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