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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Cynthia Ann Julin

Real Estate, Lawsuit & Dispute, Government, Estate

Status: In Good Standing Licensed: 11 Years

CONTACT

318 E. Main Street, 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

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

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

Mark R Hellerud

General Practice

Status: In Good Standing Licensed: 42 Years

CONTACT

Ada, MN 56510

Robert E Wright

General Practice

Status: Suspended Licensed: 67 Years

CONTACT

Felton, MN 56536

Stephanie Borgen

General Practice

Status: Suspended Licensed: 23 Years

CONTACT

6290 200 Avenue N., Georgetown, MN 56546

800-923-0641

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LEGAL TERMS

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.

GENERAL PARTNER

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the... (more...)

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the business's debts and obligations. A general partner's actions can legally bind the entire business. See also partnership, limited partnership.

AUTOMATIC STAY

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities,... (more...)

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities, such as filing or continuing lawsuits, making written requests for payment, or notifying credit reporting bureaus of an unpaid 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.

COSIGNER

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for t... (more...)

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for the loan or debt. Many people use cosigners to qualify for a loan or credit card. Landlords may require a cosigner when renting to a student or someone with a poor credit history.

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.

LIQUIDATING PARTNER

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

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.

GUARANTOR

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. T... (more...)

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. The guarantor gives a 'guaranty,' which is an assurance that the debt or other obligation will be fulfilled.

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Hendrum Bankruptcy & Debt Lawyer, Minnesota

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

Cynthia Ann Julin

Deborah Schaefer Kukowski

Deborah Schaefer Kukowski

Elizabeth Brandt Brainard

Elizabeth Brandt Brainard

James David Brue

Mark R. Hellerud

Mark R Hellerud

Robert E Wright

Stephanie Borgen

TIPS

LEGAL TERMS

LIABILITY

GENERAL PARTNER

AUTOMATIC STAY

DEFINED CONTRIBUTION PLAN

COSIGNER

NONEXEMPT PROPERTY

LIQUIDATING PARTNER

ADMINISTRATIVE EXPENSES

GUARANTOR

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