Elmo Bankruptcy Lawyer, Montana

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Daniel S. Morgan
About | Practice Areas
Morgan Law Offices
210 E Pine St., Suite 200 Missoula, MT 59802» view map
Bankruptcy & Debt
Dedicated. Knowledgeable. Compassionate.

We are dedicated to providing individualized attention to your case. We are thorough and efficient as we help you meet your financial goals.

800-937-8821
1. Daniel S. Morgan Missoula, MT
  Attorney at Law - MT, 1995
  University of Montana J.D. 1995
2. AboutMorgan Law Offices
  Dedicated. Knowledgeable. Compassionate.
3. Practice AreasExpertise
  Bankruptcy & Debt
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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

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Francis J. Sweeney

Commercial Real Estate, Family Law, Business & Trade, Consumer Bankruptcy

Status: In Good Standing Licensed: 45 Years

CONTACT

100 2Nd St E, Whitefish, MT 59937

Francis Sweeney

Commercial Real Estate, Family Law, Business & Trade, Consumer Bankruptcy

Status: In Good Standing Licensed: 45 Years

CONTACT

100 2Nd St E, Whitefish, MT 59937

800-923-0641

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LEGAL TERMS

NUISANCE FEES

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fe... (more...)

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fees, inactivity fees and fees for not carrying a balance from month to month. It's best to shop around and get rid of cards that have these fees attached.

REAFFIRMATION

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing deb... (more...)

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing debt after the bankruptcy case is over. For instance, a debtor might make a reaffirmation agreement with the holder of a car note that the debtor can keep the car and must continue to pay the debt after bankruptcy.

MEETING OF CREDITORS

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a f... (more...)

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a few questions. In a Chapter 7, the meeting of creditors lasts a few minutes and rarely do any creditors show up. In a Chapter 13 bankruptcy, one or two creditors may attend, especially if they disagree with some provision of your repayment plan.

UNSECURED DEBT

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only reme... (more...)

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only remedy is to sue you and get a judgment. Compare secured debt.

REDEMPTION

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump s... (more...)

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump sum. For example, a debtor may redeem a car note by paying the lender the amount a retail vendor would charge for the car, considering its age and condition.

CREDITOR

A person or entity (such as a bank) to whom a debt is owed.

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.

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.

COLLATERAL

Property that guarantees payment of a secured debt.

SAMPLE LEGAL CASES

State v. McWilliams

... 6 4. Whether the District Court erred in sentencing McWilliams to pay restitution of sums that had been discharged by his bankruptcy proceeding. Factual and Procedural Background. ... 12 McWilliams and his wife had filed for Chapter 13 bankruptcy in May 1997. ...

Stipe v. First Interstate Bank

... The Stipes then sought bankruptcy protection. Because the Stipes lacked sufficient resources to care for the cattle, the Bankruptcy court granted FIB relief from the automatic bankruptcy stay, which allowed FIB to pursue non-bankruptcy remedies to repossess the cattle. ...

Dovey v. BNSF RAILWAY COMPANY

... BACKGROUND. Â¶4 Dovey had financial difficulties which ultimately led him to file for bankruptcy. He first met with his bankruptcy attorney Steven Winship ("Winship") on June 1, 2004. ... 7 On October 21, 2004, Dovey filed a Chapter 7 petition for bankruptcy. ...

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Elmo Bankruptcy Lawyer, Montana

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Morgan Law Offices

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