Bingham Lake Collection 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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Not enough matches for Bingham Lake Collection lawyer.
Below are all Bingham Lake Bankruptcy & Debt lawyers.

Lachlan B Muir

Contract, Collection, Elder Law, Divorce, Wills & Probate

Status: In Good Standing Licensed: 40 Years

CONTACT

1100 Springfield Parkway, Jackson, MN 56143

Richard William Barke

Criminal, Bankruptcy & Debt, Medical Malpractice

Status: In Good Standing Licensed: 39 Years

CONTACT

1998 160Th Street, Fairmont, MN 56031

Terry W Viesselman

Power of Attorney, Real Estate, Employment, Credit & Debt

Status: In Good Standing Licensed: 46 Years

CONTACT

123 Downtown Plaza, Fairmont, MN 56031

Kevin K. Stroup

Agrochemicals, Agribusiness, Agriculture, Bankruptcy Litigation

Status: In Good Standing Licensed: 39 Years

CONTACT

300 South O'Connell Street, Marshall, MN 56258

Mary Kay Mages

Criminal, Bankruptcy & Debt

Status: In Good Standing Licensed: 20 Years

CONTACT

219 N Broadway, New Ulm, MN 56073

Jeffry C Braegelmann

Real Estate, Lawsuit & Dispute, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 38 Years

CONTACT

2700 S. Broadway, New Ulm, MN 56073

Peter B Stein

Other, Real Estate, Bankruptcy & Debt

Status: In Good Standing Licensed: 48 Years

CONTACT

2700 S Broadway Street, New Ulm, MN 56073

Peter B. Stein

Other, Estate, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

2700 S Broadway Street, New Ulm, MN 56073

Gene Mailander

Bankruptcy, Real Estate, Trusts, Family Law, Workers' Compensation

Status: In Good Standing

CONTACT

2605 Broadway Ave, Slayton, MN 56172

Maryellen Suhrhoff

Government, Divorce & Family Law, Criminal, Bankruptcy & Debt

Status: In Good Standing Licensed: 27 Years

CONTACT

Windom, MN 56101

800-923-0641

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LEGAL TERMS

GRACE PERIOD

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you h... (more...)

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you have to pay interest on the amount of your purchases. Cash advances, however, usually have no grace period; interest begins to accumulate from the date of the withdrawal, even if you pay your bills on time. Also, some student loans give you a grace period after graduating or dropping out of school. During this time, you are not required to make payments on your loan.

INTEREST

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to ... (more...)

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to your balance. This means that if your loan or credit line has an interest rate of 8%, the holder adds 8% to the balance each year. More specifically, interest is calculated and added to your loan or credit line through a process called compounding. If interest is compounded daily, the balance will rise by 1/365th of 8% each day. If interest is compounded monthly, the balance will rise 1/12th of 8% at the start of each month.

PRIORITY DEBT

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13... (more...)

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13 bankruptcy. Priority debts include alimony and child support, fees owed to the trustee and the attorney in the bankruptcy case, and wages owed to employees.

LIQUIDATING PARTNER

The member of an insolvent or dissolving partnership responsible for paying the debts and settling the accounts of the partnership.

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.

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working fo... (more...)

A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working for collection agencies. The law does not apply to creditors collecting their own debts. This law has greatly improved conditions for debtors, although more than a few debt collectors ignore the law. If a collection agency violates the law, debtors can contact the Federal Trade Commission for help.

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.

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.

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.

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Bingham Lake Collection Lawyer, Minnesota

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

Lachlan B Muir

Richard William Barke

Terry W Viesselman

Kevin K. Stroup

Mary Kay Mages

Jeffry C Braegelmann

Peter B Stein

Peter B. Stein

Gene Mailander

Maryellen Suhrhoff

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LEGAL TERMS

GRACE PERIOD

INTEREST

PRIORITY DEBT

LIQUIDATING PARTNER

LIABILITY

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

BULK SALES LAW

S CORPORATION

CREDIT BUREAU

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