Hendrum 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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2. Email
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Not enough matches for Hendrum Bankruptcy & Debt lawyer.
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Stephanie Borgen

General Practice

Status: Suspended Licensed: 23 Years

CONTACT

6290 200 Avenue N., Georgetown, MN 56546

Cynthia Ann Julin

Real Estate, Lawsuit & Dispute, Government, Estate

Status: In Good Standing Licensed: 11 Years

CONTACT

318 E. Main Street, Ada, MN 56510

Mark R. Hellerud

Lawsuit & Dispute, Criminal, Civil & Human Rights, Accident & Injury

Status: In Good Standing Licensed: 41 Years

CONTACT

12 Third Ave E, Ada, MN 56510

Elizabeth Brandt Brainard

Motor Vehicle, Class Action, Immigration, Wills & Probate

Status: In Good Standing Licensed: 10 Years

CONTACT

16 Third Ave E, Ada, MN 56510

Elizabeth Brandt Brainard

Landlord-Tenant, Motor Vehicle, Dispute Resolution, Immigration

Status: In Good Standing Licensed: 10 Years

CONTACT

16 Third Ave E, Ada, MN 56510

James David Brue

General Practice

Status: In Good Standing Licensed: 17 Years

CONTACT

16 3Rd Avenue E., Ada, MN 56510

Susan Rantala Nelson

General Practice

Status: Inactive Licensed: 38 Years

CONTACT

2315 250Th Street, Ada, MN 56510

Thomas A Opheim

General Practice

Status: Suspended Licensed: 49 Years

CONTACT

503 Lily Lane, Ada, MN 56510

Deborah Schaefer Kukowski

General Practice

Status: In Good Standing Licensed: 33 Years

CONTACT

1999 150Th Ave N, Georgetown, MN 56546

Deborah Schaefer Kukowski

General Practice

Status: In Good Standing Licensed: 33 Years

CONTACT

1999 150Th Ave N, Georgetown, MN 56546

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LEGAL TERMS

GARNISHMENT

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if ... (more...)

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if she loses a lawsuit filed by the creditor. Up to 25% of a person's wages can be deducted.

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.

PREFERENCE

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commer... (more...)

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commercial creditors) and within one year for insider creditors (friends, family members, and business associates). Because a preference gives the creditor who received the payment an edge over other creditors in the bankruptcy case, the trustee can recover the preference (the amount of the payment) and distribute it among all of the creditors.

COLLATERAL

Property that guarantees payment of a secured debt.

BANKRUPTCY TRUSTEE

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is t... (more...)

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is to gather the debtor's nonexempt property, liquidate it and distribute it proportionally to her creditors. In a Chapter 13 case, the trustee's role is to receive the debtor's monthly payments and distribute them proportionally to her creditors.

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.

WINDING UP

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, a... (more...)

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, all with the ultimate goal of liquidating or closing down a corporation or partnership.

SETOFF

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a countercl... (more...)

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a counterclaim filed by a defendant in a lawsuit. Banks may try to exercise a setoff by taking money out of a deposit account to satisfy past due payments on a loan or credit card bill. Such an act is illegal under most circumstances.

MEANS TEST

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income ... (more...)

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income for his or her state should be allowed to file for Chapter 7 bankruptcy.

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Hendrum Bankruptcy & Debt Lawyer, Minnesota

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

Stephanie Borgen

Cynthia Ann Julin

Mark R. Hellerud

Elizabeth Brandt Brainard

Elizabeth Brandt Brainard

James David Brue

Susan Rantala Nelson

Thomas A Opheim

Deborah Schaefer Kukowski

Deborah Schaefer Kukowski

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LEGAL TERMS

GARNISHMENT

CHAPTER 13 PLAN

PREFERENCE

COLLATERAL

BANKRUPTCY TRUSTEE

LIMITED LIABILITY

WINDING UP

SETOFF

MEANS TEST

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