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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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Cass S. Weil

Banking & Finance, Bankruptcy, Credit & Debt

Status: In Good Standing

CONTACT

4800 Wells Fargo Center, 90 South Seventh Street, Minneapolis, MN 55402

David A. Byers

Corporate, Credit & Debt, Government Contract, Insurance

Status: In Good Standing

CONTACT

150 South Fifth St., Minneapolis, MN 55402

Richard J. Fuller

Banking & Finance, Bankruptcy, Consumer Protection, Credit & Debt

Status: In Good Standing

CONTACT

1700 U.S. Bank Plaza South, 220 South Sixth Street, Minneapolis, MN 55402

Joseph Anthony Wentzell

Litigation, Credit & Debt, Business & Trade, Bankruptcy

Status: In Good Standing Licensed: 42 Years

CONTACT

2812 Anthony Ln S, Minneapolis, MN 55418

John K. Rossman

Litigation, Corporate, Credit & Debt, Bankruptcy

Status: In Good Standing Licensed: 30 Years

CONTACT

150 South Fifth Street, Minneapolis, MN 55402

Rosanne H. Wirth

Trusts, Corporate, Credit & Debt, Bankruptcy

Status: In Good Standing Licensed: 43 Years

CONTACT

120 South 6Th Street, Minneapolis, MN 55402

Mark H.B. Williamson

Merger & Acquisition, Public Offerings, Lending, Credit & Debt

Status: In Good Standing Licensed: 37 Years

CONTACT

6369 Merrimac Ln N, Maple Grove, MN 55311

Alan W Falconer

Construction, Real Estate, Business, Credit & Debt

Status: In Good Standing

CONTACT

100 S. 5Th Street, Minneapolis, MN 55402

Areti Georgopoulos

Commercial Real Estate, Collection, Credit & Debt, Motor Vehicle

Status: In Good Standing Licensed: 19 Years

CONTACT

310 Fourth Ave S, Minneapolis, MN 55415

Chad D. Lemmons

Criminal, Contract, Administrative Law, Credit & Debt

Status: In Good Standing Licensed: 44 Years

CONTACT

2350 Wycliff Street, Saint Paul, MN 55114

800-923-0641

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LEGAL TERMS

AUTOMATIC STAY

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities,... (more...)

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities, such as filing or continuing lawsuits, making written requests for payment, or notifying credit reporting bureaus of an unpaid debt.

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.

UNDUE HARDSHIP

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in t... (more...)

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in the future to pay off the loan may be able to show that repayment would be an undue hardship.

FAIR CREDIT BILLING ACT (FCBA)

A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days af... (more...)

A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days after it mailed the bill to you. The company must then correct the mistake, or at least acknowledge receipt of your letter within 30 days, and must correct the error within 90 days or explain why it believes the credit card statement is correct.

FCBA

See Fair Credit Billing Act.

PRESUMED ABUSE

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means te... (more...)

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means test, the court will presume that the debtor has sufficient income to fund a Chapter 13 plan. In this situation, the debtor will not be allowed to proceed with a Chapter 7 bankruptcy unless the debtor can prove that he or she is not abusing the Chapter 7 bankruptcy remedy.

WORKOUT

A debtor's plan to take care of a debt, by paying it off or through loan forgiveness. Workouts are often created to avoid bankruptcy or foreclosure proceedings.

UNSECURED DEBT

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only reme... (more...)

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only remedy is to sue you and get a judgment. Compare secured debt.

DISCHARGE (OF DEBTS)

A bankruptcy court's erasure of the debts of a person or business that has filed for bankruptcy.

SAMPLE LEGAL CASES

Baker v. Baker

... Id. Attorney Fees. In late 2003, the parties agreed that Dr. Baker would pay off approximately $43,500 of Ms. Baker's credit card debt. The debt included expenditures for the couple's home, groceries, and gifts for their children and grandchildren. ...

US FEDERAL CREDIT UNION v. STARS & STRIKES, LLC

... In 2005 and 2006, Stars & Strikes borrowed $8 million from US Federal Credit Union (USFCU). ... when USFCU foreclosed on its mortgages and bought all of the mortgaged property at a sheriff's foreclosure sale for $8,612,141.02, the amount of the business's outstanding debt. ...

ATLANTIC CREDIT & FINANCE v. DUSTRUDE

... On appeal, appellant contends that he is not required to pay the credit card debt because respondent violated the Truth In Lending Act (TILA), 15 USC Â§Â§ 1601-1667f (2000), by failing to follow a prescribed dispute-resolution procedure. ...

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Andover Credit & Debt Lawyer, Minnesota

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

Cass S. Weil

David A. Byers

Richard J. Fuller

Joseph Anthony Wentzell

John K. Rossman

Rosanne H. Wirth

Mark H.B. Williamson

Alan W Falconer

Areti Georgopoulos

Chad D. Lemmons

TIPS

LEGAL TERMS

AUTOMATIC STAY

FORBEARANCE

UNDUE HARDSHIP

FAIR CREDIT BILLING ACT (FCBA)

FCBA

PRESUMED ABUSE

WORKOUT

UNSECURED DEBT

DISCHARGE (OF DEBTS)

SAMPLE LEGAL CASES

Baker v. Baker

US FEDERAL CREDIT UNION v. STARS & STRIKES, LLC

ATLANTIC CREDIT & FINANCE v. DUSTRUDE

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