Elkton Bankruptcy & 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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M. Thomas Lenway

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

Status: In Good Standing

FREE CONSULTATION

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Lenway Law Office, Austin, MN 55912

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

Status: In Good Standing

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208 Main Street W., Kasson, MN 55944

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

Karl Kruger

Estate Planning, Bankruptcy, Welfare, Family Law, Criminal

Status: In Good Standing

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9 First St Nw, Rochester, MN 55901

Kristine L. Dicke

Bankruptcy, Welfare, Dispute Resolution, Family Law, Criminal

Status: In Good Standing Licensed: 37 Years

CONTACT

407 14Th St Nw, Rochester, MN 55903

Paul W Bucher

Business, Real Estate, Bankruptcy, Estate

Status: In Good Standing Licensed: 44 Years

CONTACT

30 3rd Street SE, Rochester, MN 55904

800-923-0641

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LEGAL TERMS

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.

IRS EXPENSES

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income mu... (more...)

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income must use the IRS expenses to calculate their average net income in a Chapter 7 case, or their disposable income in a Chapter 13 case.

401(K) PLAN

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income ... (more...)

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income taxes on the amount invested and any earnings are due until the employee withdraws money from the fund.

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.

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.

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.

DEBIT CARD

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can ... (more...)

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can also be used at stores to pay for goods and services in place of a check. Unlike a credit card, a debit card automatically withdraws money from your checking account at the time of the transaction. Debit cards are regulated by the Electronic Funds Transfer Act.

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.

LIMITED LIABILITY

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or ... (more...)

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or a person who invests in a corporation (a shareholder) generally stands to lose only the amount of money invested in the business. This means that if the business folds, creditors cannot seize or sell an owner's home, car, or other personal assets.

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Elkton Bankruptcy & Debt 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

John Charles Beatty

Karl Kruger

Kristine L. Dicke

Paul W Bucher

TIPS

LEGAL TERMS

DEFINED CONTRIBUTION PLAN

IRS EXPENSES

401(K) PLAN

CHAPTER 13 PLAN

INTEREST

C CORPORATION

DEBIT CARD

INFRINGEMENT (OF TRADEMARK)

LIMITED LIABILITY

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