Blue Earth County, MN Credit & Debt Lawyers

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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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Gerald L. Maschka

Dispute Resolution, Products Liability, Personal Injury, Professional Malpractice, Legal Malpractice

Status: In Good Standing

CONTACT

Union Square Business Center, 201 North Broad Street, Mankato, MN 56001

Tanya Johnson Martinez

Workers' Compensation, Litigation, Personal Injury

Status: In Good Standing

CONTACT

Union Square Business Center, 201 North Broad Street, Mankato, MN 56001

Michael H. Kennedy

Wills & Probate, Estate Planning, Family Law, Personal Injury

Status: In Good Standing

CONTACT

99 Navaho Avenue, Mankato, MN 56002

Patrick Casey

Family Law, Divorce, Child Custody, DUI-DWI, Criminal

Status: In Good Standing

CONTACT

196 St Andrews Dr, Mankato, MN 56001

Christopher Paul Rosengren

Social Security, Workers' Compensation, Criminal, Car Accident

Status: In Good Standing

CONTACT

150 St Andrews Ct, Mankato, MN 56001

James Christian Carpenter

Accident & Injury, Workers' Compensation, Car Accident, Mass Torts, Personal Injury

Status: In Good Standing

CONTACT

75 Teton Lane, Mankato, MN 56001

Jason Charles Kohlmeyer

Traffic, Workers' Compensation, Family Law, Criminal, Divorce & Family Law

Status: In Good Standing Licensed: 24 Years

CONTACT

150 St. Andrews Court, Mankato, MN 56001

Kimberly Anne Literovich

Commercial Real Estate, Estate, Corporate, Collection

Status: In Good Standing Licensed: 19 Years

CONTACT

100 Warren St, Mankato, MN 56001

Ryan Blair Magnus

Motor Vehicle, Health Care Other, Social Security, Estate

Status: In Good Standing

CONTACT

804 Thompson Ravine Road, Mankato, MN 56001

Christopher Eric Sandquist

Litigation, Workers' Compensation, Employment, Corporate

Status: In Good Standing Licensed: 27 Years

CONTACT

403 S Broad St, Mankato, MN 56001

800-923-0641

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LEGAL TERMS

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemp... (more...)

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemptible because it has been damaged or destroyed.

FRATERNAL BENEFIT SOCIETY BENEFITS

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal socie... (more...)

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal societies that provide benefits. Also called benefit society, benevolent society or mutual aid association benefits. Under bankruptcy laws, these benefits are virtually always considered exempt property.

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.

ABUSE

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because ... (more...)

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because the debtor appears to have enough disposable income to fund a Chapter 13 repayment plan.

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.

DOING BUSINESS AS (DBA)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or ... (more...)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or similar document with the appropriate agency -- for example, the county clerk. This enables consumers to discover the names of the business owners, which is important if a consumer needs to sue the business.

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.

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.

NONEXEMPT PROPERTY

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typicall... (more...)

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typically includes valuable clothing (furs) and electronic equipment, an expensive car that's been paid off and most of the equity in your house. Compare exempt property.

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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Blue Earth County, MN Credit & Debt Lawyers

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

Gerald L. Maschka

Tanya Johnson Martinez

Michael H. Kennedy

Patrick Casey

Christopher Paul Rosengren

James Christian Carpenter

Jason Charles Kohlmeyer

Kimberly Anne Literovich

Ryan Blair Magnus

Christopher Eric Sandquist

TIPS

LEGAL TERMS

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

FRATERNAL BENEFIT SOCIETY BENEFITS

CREDIT BUREAU

ABUSE

PRESUMED ABUSE

DOING BUSINESS AS (DBA)

LIMITED PARTNERSHIP

CHAPTER 7 BANKRUPTCY

NONEXEMPT PROPERTY

SAMPLE LEGAL CASES

Baker v. Baker

US FEDERAL CREDIT UNION v. STARS & STRIKES, LLC

ATLANTIC CREDIT & FINANCE v. DUSTRUDE

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