Center City 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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Ryan Dale Peterson

✓ VERIFIED

Credit & Debt, Collection, Landlord-Tenant, Identity Theft

Ryan Peterson is a former debt collection attorney turned consumer rights expert and advocate. After graduating from William Mitchell law school in 20... (more)

CONTACT

612-367-6568

5201 Eden Avenue, Edina, MN 55436

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

Aaron D. Hall

Intellectual Property, Administrative Law, Business, Credit & Debt

Status: In Good Standing

CONTACT

2812 Anthony Lane S, Minneapolis, MN 55418

Alan W Falconer

Construction, Real Estate, Business, Credit & Debt

Status: In Good Standing

CONTACT

100 S. 5Th Street, Minneapolis, MN 55402

Alois V Gross

Real Estate, Dispute Resolution, Estate, Child Custody, Credit & Debt

Status: In Good Standing Licensed: 43 Years

CONTACT

1114 Welcome Circle, Minneapolis, MN 55422

Amber J. Stavig

Transactions, Credit & Debt, Consumer Bankruptcy

Status: In Good Standing

CONTACT

6681 Country Club Dr, Minneapolis, MN 55427

Amy Marie Goltz

Collection, Bankruptcy & Debt, Civil Rights, Credit & Debt

Status: In Good Standing

CONTACT

6681 Country Club Drive, Minneapolis, MN 55427

Andrew D Parker

Employment, Lawsuit & Dispute, Business, Credit & Debt

Status: In Good Standing

CONTACT

123 Third Street North, Minneapolis, MN 55401

800-923-0641

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LEGAL TERMS

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.

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.

LIQUIDATING PARTNER

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

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.

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.

FAIR LABOR STANDARDS ACT (FLSA)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements ... (more...)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements for overtime and places restrictions on child labor.

COLLATERAL

Property that guarantees payment of a secured 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.

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.

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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Center City Credit & Debt Lawyer, Minnesota

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

Ryan Dale Peterson

Cass S. Weil

David A. Byers

Richard J. Fuller

Aaron D. Hall

Alan W Falconer

Alois V Gross

Amber J. Stavig

Amy Marie Goltz

Andrew D Parker

TIPS

LEGAL TERMS

SECURED DEBT

S CORPORATION

LIQUIDATING PARTNER

INTEREST

DOING BUSINESS AS (DBA)

FAIR LABOR STANDARDS ACT (FLSA)

COLLATERAL

DEFINED CONTRIBUTION PLAN

FORBEARANCE

SAMPLE LEGAL CASES

Baker v. Baker

US FEDERAL CREDIT UNION v. STARS & STRIKES, LLC

ATLANTIC CREDIT & FINANCE v. DUSTRUDE

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