Babbitt Credit & 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 Clive Swenson

Estate Planning, Elder Law, Corporate, Products Liability

Status: In Good Standing Licensed: 37 Years

CONTACT

1 East Chapman Street, Ely, MN 55731

Kelly Klun

Construction, Estate Planning, Elder Law, Business

Status: In Good Standing

CONTACT

1 Chapman St, Ely, MN 55731

Kelly Marie Klun

Education, Land Use & Zoning, Wills & Probate, Personal Injury

Status: In Good Standing Licensed: 16 Years

CONTACT

1 Chapman St, Ely, MN 55731

Rae R Bentz

Landlord-Tenant, Traffic, Wills & Probate, Divorce

Status: In Good Standing

CONTACT

107 E Camp St, Ely, MN 55731

Rae Robert Bentz

Wills & Probate, Family Law, DUI-DWI, Personal Injury

Status: In Good Standing Licensed: 33 Years

CONTACT

107 E Camp St, Ely, MN 55731

Gary Edward Kovall

General Practice

Status: In Good Standing Licensed: 51 Years

CONTACT

535 E Boundary St, Ely, MN 55731

Angela Christine Von Lehe

Commercial Real Estate, Litigation, Arbitration

Status: In Good Standing Licensed: 14 Years

CONTACT

1 East Chapman Street, Ely, MN 55731

Ronald Clinton Lundquist

General Practice

Status: Retired Licensed: 25 Years

CONTACT

6547 Voyageurs Trail, Aurora, MN 55705

Amber Darlene Pederson

Other, Divorce & Family Law, Business, Wills & Probate

Status: In Good Standing Licensed: 18 Years

CONTACT

1 East Chapman Street, Ely, MN 55731

Laura J. Ackman

Health Care Other, Health Care, Divorce, Elder Law

Status: In Good Standing Licensed: 26 Years

CONTACT

5211 Highway 110, Aurora, MN 55705

800-923-0641

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LEGAL TERMS

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.

ADMINISTRATIVE EXPENSES

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Admi... (more...)

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Administrative costs are typically 10% of the debtor's total payments under the plan.

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.

FDCPA

See Fair Debt Collections & Practices Act.

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.

CHAPTER 13 PLAN

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to ... (more...)

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to pay all mandatory debts -- for example, back child support, taxes, and mortgage arrearages -- as well as some or all unsecured, nonpriority debts, such as medical and credit card bills.

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.

COLLATERAL

Property that guarantees payment of a secured debt.

401(K) PLAN

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income ... (more...)

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income taxes on the amount invested and any earnings are due until the employee withdraws money from the fund.

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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Babbitt Credit & Debt Lawyer, Minnesota

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

Richard Clive Swenson

Kelly Klun

Kelly Marie Klun

Rae R Bentz

Rae Robert Bentz

Gary Edward Kovall

Angela Christine Von Lehe

Ronald Clinton Lundquist

Amber Darlene Pederson

Laura J. Ackman

TIPS

LEGAL TERMS

DEBIT CARD

ADMINISTRATIVE EXPENSES

LIMITED LIABILITY

FDCPA

UNDUE HARDSHIP

CHAPTER 13 PLAN

FORBEARANCE

COLLATERAL

401(K) PLAN

SAMPLE LEGAL CASES

Baker v. Baker

US FEDERAL CREDIT UNION v. STARS & STRIKES, LLC

ATLANTIC CREDIT & FINANCE v. DUSTRUDE

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