Albany 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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John Timothy Lund

Welfare, Construction, Family Law, Criminal, Consumer Bankruptcy

Status: In Good Standing

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13 South Seventh Avenue, Saint Cloud, MN 56301

Krista Laurich Durrwachter

Estate Planning, Environmental Law Other, Securities, Bankruptcy

Status: Suspended Licensed: 21 Years

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2489 - 35Th Street N., Sartell, MN 56377

Andrew Robert Pearson

Identity Theft, Civil Rights, Collection, Car Accident

Status: In Good Standing

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1505 Division Street, Waite Park, MN 56387

Alex Ron Schoephoerster

Estate Planning, Environmental Law Other, Securities, Bankruptcy

Status: In Good Standing Licensed: 9 Years

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3800 8Th Street N., Saint Cloud, MN 56303

Robert Leslie Schumann

Estate Planning, Environmental Law Other, Securities, Bankruptcy

Status: In Good Standing Licensed: 25 Years

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3800 8Th Street N., Saint Cloud, MN 56303

Brian John Schoenborn

Estate Planning, Environmental Law Other, Securities, Bankruptcy

Status: In Good Standing Licensed: 29 Years

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3800 8Th Street N., Saint Cloud, MN 56303

William L Spooner

Government, Child Custody, Divorce & Family Law, Bankruptcy & Debt, Medical Malpractice

Status: In Good Standing Licensed: 43 Years

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113 Washburne Avenue, Paynesville, MN 56362

William Patrick Kain

Juvenile Law, Workout, Consumer Bankruptcy, Commercial Bankruptcy, Bankruptcy

Status: In Good Standing Licensed: 42 Years

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13 South 7Th Avenue, Saint Cloud, MN 56301

Dorraine Ann-Mund Larison

Divorce & Family Law, Bankruptcy & Debt

Status: In Good Standing Licensed: 35 Years

CONTACT

1010 W Street, Saint Cloud, MN 56301

Amanda May Scharber

Bankruptcy

Status: In Good Standing

CONTACT

13 South 7Th Avenue, Saint Cloud, MN 56301

800-923-0641

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LEGAL TERMS

NONDISCHARGEABLE DEBTS

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chap... (more...)

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chapter 13 bankruptcy, the nondischargeable debts will have to be paid in full during your plan or you will have a balance at the end of your case. Examples of nondischargeable debts include alimony and child support, most income tax debts, many student loans and debts for personal injury or death caused by drunk driving. Compare dischargeable debts.

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.

CREDITOR

A person or entity (such as a bank) to whom a debt is owed.

MEANS TEST

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income ... (more...)

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income for his or her state should be allowed to file for Chapter 7 bankruptcy.

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.

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.

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.

BULK SALES LAW

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to ... (more...)

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to conduct a bulk sale of business assets -- that is, get rid of an unusually large amount of inventory, merchandise or equipment -- the business owner must typically publish a notice of the sale and give written notice to creditors. Then, the owner must set up an account to hold the funds from the sale for a brief period of time during which creditors may make claims against the money. The prohibition against bulk sales is spelled out in the Uniform Commercial Code -- and laws modeled on the UCC have been generally adopted throughout the country.

LIMITED LIABILITY

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or ... (more...)

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or a person who invests in a corporation (a shareholder) generally stands to lose only the amount of money invested in the business. This means that if the business folds, creditors cannot seize or sell an owner's home, car, or other personal assets.

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Albany Bankruptcy & Debt Lawyer, Minnesota

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

John Timothy Lund

Krista Laurich Durrwachter

Andrew Robert Pearson

Alex Ron Schoephoerster

Robert Leslie Schumann

Brian John Schoenborn

William L Spooner

William Patrick Kain

Dorraine Ann-Mund Larison

Amanda May Scharber

TIPS

LEGAL TERMS

NONDISCHARGEABLE DEBTS

FRAUDULENT TRANSFER

CREDITOR

MEANS TEST

FAIR CREDIT REPORTING ACT (FCRA)

TRUTH IN LENDING ACT (TILA)

NO-FAULT INSURANCE

BULK SALES LAW

LIMITED LIABILITY

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