Henning Credit & 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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Amyann Werner Mursu

Elder Law, Estate Planning, Estate Administration

Status: In Good Standing Licensed: 22 Years

CONTACT

89 Bay View Road, Ottertail, MN 56571

Bruce N Reuther

General Practice

Status: Deceased Licensed: 68 Years

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203 S. Hwy 78, Ottertail, MN 56571

Dale G Cox

General Practice

Status: In Good Standing Licensed: 50 Years

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22552 County Highway 5, Henning, MN 56551

Eric James Lilly

General Practice

Status: In Good Standing Licensed: 16 Years

CONTACT

117 Sunset Dr., Ottertail, MN 56571

Jesi Goetze

General Practice

Status: In Good Standing Licensed: 2 Years

CONTACT

14678 Tomten Rd, Parkers Prairie, MN 56361

Katherine Rae Carlson

General Practice

Status: Suspended Licensed: 39 Years

CONTACT

57048 Co Highway 136, Parkers Prairie, MN 56361

Mark F Hansen

General Practice

Status: In Good Standing Licensed: 52 Years

CONTACT

44351 Hawes Beach Road, White Earth, MN 56591

Patrick Anthony Campbell

General Practice

Status: In Good Standing Licensed: 13 Years

CONTACT

50709 Cty Highway 134, Henning, MN 56551

Richard Edward Bosse

Power of Attorney, Landlord-Tenant, Real Estate, Accident & Injury, Mass Torts

Status: In Good Standing Licensed: 52 Years

CONTACT

104 Lake Blvd E, Ottertail, MN 56571

William Monty Strehlow

General Practice

Status: Deceased Licensed: 75 Years

CONTACT

30605 State Hwy. 78, Ottertail, MN 56571

800-923-0641

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LEGAL TERMS

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.

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.

CREDIT FILE

See credit report.

FDCPA

See Fair Debt Collections & Practices Act.

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.

CREDIT COUNSELING

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Unde... (more...)

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Under the new bankruptcy law, a debtor must undergo credit counseling with an approved provider before filing for bankruptcy.

GRACE PERIOD

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you h... (more...)

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you have to pay interest on the amount of your purchases. Cash advances, however, usually have no grace period; interest begins to accumulate from the date of the withdrawal, even if you pay your bills on time. Also, some student loans give you a grace period after graduating or dropping out of school. During this time, you are not required to make payments on your loan.

S CORPORATION

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status fro... (more...)

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status from the Internal Revenue Service. Electing to do business as an S corporation lets shareholders enjoy limited liability status, as would be true of any corporation, but be taxed like a partnership or sole proprietor. That is, instead of being taxed as a separate entity (as would be the case with a regular or C corporation) an S corporation is a pass-through tax entity: income taxes are reported and paid by the shareholders, not the S corporation. To qualify as an S corporation a number of IRS rules must be met, such as a limit of 75 shareholders and citizenship requirements.

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.

SAMPLE LEGAL CASES

Baker v. Baker

... Id. Attorney Fees. In late 2003, the parties agreed that Dr. Baker would pay off approximately $43,500 of Ms. Baker's credit card debt. The debt included expenditures for the couple's home, groceries, and gifts for their children and grandchildren. ...

US FEDERAL CREDIT UNION v. STARS & STRIKES, LLC

... In 2005 and 2006, Stars & Strikes borrowed $8 million from US Federal Credit Union (USFCU). ... when USFCU foreclosed on its mortgages and bought all of the mortgaged property at a sheriff's foreclosure sale for $8,612,141.02, the amount of the business's outstanding debt. ...

ATLANTIC CREDIT & FINANCE v. DUSTRUDE

... On appeal, appellant contends that he is not required to pay the credit card debt because respondent violated the Truth In Lending Act (TILA), 15 USC Â§Â§ 1601-1667f (2000), by failing to follow a prescribed dispute-resolution procedure. ...

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Henning Credit & Debt Lawyer, Minnesota

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

Amyann Werner Mursu

Bruce N Reuther

Dale G Cox

Eric James Lilly

Jesi Goetze

Katherine Rae Carlson

Mark F Hansen

Patrick Anthony Campbell

Richard Edward Bosse

William Monty Strehlow

TIPS

LEGAL TERMS

SETOFF

UNDUE HARDSHIP

CREDIT FILE

FDCPA

NONEXEMPT PROPERTY

CREDIT COUNSELING

GRACE PERIOD

S CORPORATION

AUTOMATIC STAY

SAMPLE LEGAL CASES

Baker v. Baker

US FEDERAL CREDIT UNION v. STARS & STRIKES, LLC

ATLANTIC CREDIT & FINANCE v. DUSTRUDE

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