Ceylon Bankruptcy 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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2. Email
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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

Not enough matches for Ceylon Bankruptcy lawyer.
Below are all Ceylon lawyers.

Sara Lynn Erickson

General Practice

Status: In Good Standing Licensed: 15 Years

CONTACT

717 S. State Street, Fairmont, MN 56031

Michael Paul Edman

Litigation, Wills & Probate, Family Law, Criminal, Contract

Status: In Good Standing Licensed: 18 Years

CONTACT

53 Downtown Plaza, Fairmont, MN 56031

Gregory E Kuderer

Litigation, Insurance, Personal Injury, Car Accident, Animal Bite

Status: In Good Standing Licensed: 43 Years

CONTACT

114 W 2Nd St, Fairmont, MN 56031

Brandon Jay Edmundson

General Practice

Status: In Good Standing Licensed: 18 Years

CONTACT

717 S State St, Fairmont, MN 56031

Sara Lynn Edmundson

Social Security, Juvenile Law, Wills, Commercial Real Estate

Status: In Good Standing Licensed: 17 Years

CONTACT

717 S State St, Fairmont, MN 56031

Derrick Mitchell Greiner

General Practice

Status: In Good Standing Licensed: 9 Years

CONTACT

717 S State St, Fairmont, MN 56031

Randall S Ringquist

Real Estate, Family Law, Divorce & Family Law

Status: In Good Standing Licensed: 28 Years

CONTACT

105 S State Street, Fairmont, MN 56031

Randall Scott Ringquist

Divorce & Family Law, Real Estate, Estate Planning

Status: In Good Standing Licensed: 28 Years

CONTACT

105 S State Street, Fairmont, MN 56031

James A Wilson

General Practice

Status: In Good Standing

CONTACT

717 S. State Street, Fairmont, MN 56031

Darin Gerald Haugen

Military, Landlord-Tenant, Motor Vehicle, Lawsuit & Dispute

Status: In Good Standing Licensed: 22 Years

CONTACT

114 W. 2Nd Street, Fairmont, MN 56031

800-923-0641

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LEGAL TERMS

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.

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.

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.

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.

WORKOUT

A debtor's plan to take care of a debt, by paying it off or through loan forgiveness. Workouts are often created to avoid bankruptcy or foreclosure proceedings.

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.

DISCHARGEABLE DEBTS

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bill... (more...)

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bills and medical bills. Compare nondischargeable debts.

SOLE PROPRIETORSHIP

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, m... (more...)

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, meaning that business profits are reported and taxed on the owner's personal tax return. Setting up a sole proprietorship is cheap and easy since no legal formation documents need be filed with any governmental agency (although tax registration and other permit and license requirements may still apply). Once you file a fictitious name statement (assuming you don't use your own name) and obtain any required basic tax permits and business licenses, you'll be in business. The main downside of a sole proprietorship is that its owner is personally liable for all business debts.

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

Sitek v. Striker

... Approximately one month later, Striker filed for Chapter 7 bankruptcy. Sitek argues that the bankruptcy proceedings voided the notice of cancellation and prejudiced her ability to exercise her statutory rights to cure the default or enjoin cancellation. ...

Fast v. Fast

... debt. Following the marriage dissolution, respondent filed for chapter 7 bankruptcy. 11 USC ch. 7 (2006). Appellant was listed as a creditor in the bankruptcy proceedings along with the debt owed to Wells Fargo. Although ...

McIntosh Cty. Bank v. Dorsey & Whitney

... M & S filed for Chapter 7 bankruptcy relief in January 2002. ... The bankruptcy court dismissed 28 banks' claims for lack of subject matter jurisdiction, abstained from hearing the remaining participants' claims, and denied Dorsey's motion for summary judgment. ...

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Ceylon Bankruptcy Lawyer, Minnesota

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

Sara Lynn Erickson

Michael Paul Edman

Gregory E Kuderer

Brandon Jay Edmundson

Sara Lynn Edmundson

Derrick Mitchell Greiner

Randall S Ringquist

Randall Scott Ringquist

James A Wilson

Darin Gerald Haugen

TIPS

LEGAL TERMS

UNDUE HARDSHIP

C CORPORATION

ADMINISTRATIVE EXPENSES

LIABILITY

WORKOUT

NONEXEMPT PROPERTY

DISCHARGEABLE DEBTS

SOLE PROPRIETORSHIP

FORBEARANCE

SAMPLE LEGAL CASES

Sitek v. Striker

Fast v. Fast

McIntosh Cty. Bank v. Dorsey & Whitney

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