Brownsdale Reorganization 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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M. Thomas Lenway

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

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Kevin H. Siefken

Age Discrimination, Alimony & Spousal Support, Banking & Finance, Bankruptcy

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314 S. Broadway Avenue, Albert Lea, MN 56007

John T. Hareid

Agribusiness, Agriculture, Banking & Finance, Bankruptcy

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314 S. Broadway Avenue, Albert Lea, MN 56007

Robert M Maus

Workers' Compensation, Social Security, Bankruptcy, Real Estate

Status: In Good Standing Licensed: 47 Years

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108 N Main Street, Austin, MN 55912

William L Bodensteiner

Bankruptcy & Debt, Collection

Status: In Good Standing Licensed: 41 Years

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202 W Oakland Ave, Austin, MN 55912

Anthony John Moosbrugger

Trusts, Adoption, Corporate, Collection, Bankruptcy

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208 Main Street W., Kasson, MN 55944

Jeffery Adam Mintz

Litigation, Corporate, Bankruptcy & Debt, Personal Injury

Status: In Good Standing Licensed: 26 Years

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3257 19th St Nw, Rochester, MN 55901

Karl Kruger

Estate Planning, Bankruptcy, Welfare, Family Law, Criminal

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9 First St Nw, Rochester, MN 55901

John Charles Beatty

Commercial Real Estate, Litigation, Business & Trade, Collection, Wrongful Death

Status: In Good Standing Licensed: 20 Years

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30 3rd Street SE, Rochester, MN 55904

Kristine L. Dicke

Bankruptcy, Welfare, Dispute Resolution, Family Law, Criminal

Status: In Good Standing Licensed: 37 Years

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407 14Th St Nw, Rochester, MN 55903

800-923-0641

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LEGAL TERMS

C CORPORATION

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S c... (more...)

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S corporation, whose profits are passed through to shareholders and taxed on their personal returns under subchapter S of the Internal Revenue Code.

BANKRUPTCY

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are ... (more...)

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are two types of bankruptcies -- liquidation, in which your debts are wiped out (discharged) and reorganization, in which you provide the court with a plan for how you intend to repay your debts. For both consumers and business, liquidation bankruptcy is called Chapter 7. For consumers, reorganization bankruptcy is called Chapter 13. Reorganization bankruptcy for consumers with an extraordinary amount of debt and for businesses is called Chapter 11. Reorganization bankruptcy for family farmers is called Chapter 12.

CREDIT COUNSELING

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Unde... (more...)

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Under the new bankruptcy law, a debtor must undergo credit counseling with an approved provider before filing for bankruptcy.

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.

INFRINGEMENT (OF TRADEMARK)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringeme... (more...)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringement turns on whether the defendant's use causes a likelihood of confusion in the average consumer. If a court determines that the average consumer would be confused, the owner of the original mark can prevent the other's use of the infringing mark and sometimes collect damages.

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.

GUARANTOR

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. T... (more...)

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. The guarantor gives a 'guaranty,' which is an assurance that the debt or other obligation will be fulfilled.

SECURED DEBT

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collater... (more...)

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collateral, to satisfy the debt if you default. Compare unsecured debt.

DEFINED CONTRIBUTION PLAN

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount ... (more...)

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount every month, or every year, for each employee. The employer usually pays a fixed percentage of an employee's wages or salary, although sometimes the amount is a fraction of the company's profits, with the size of each employee's pension share depending on the amount of wage or salary. Upon retirement, each employee's pension is determined by how much was contributed to the fund on behalf of that employee over the years, plus whatever earnings that money has accumulated as part of the investments of the entire pension fund.

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Brownsdale Reorganization Lawyer, Minnesota

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

M. Thomas Lenway

Kevin H. Siefken

John T. Hareid

Robert M Maus

William L Bodensteiner

Anthony John Moosbrugger

Jeffery Adam Mintz

Karl Kruger

John Charles Beatty

Kristine L. Dicke

TIPS

LEGAL TERMS

C CORPORATION

BANKRUPTCY

CREDIT COUNSELING

CHAPTER 13 PLAN

INFRINGEMENT (OF TRADEMARK)

ABUSE

GUARANTOR

SECURED DEBT

DEFINED CONTRIBUTION PLAN

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