Knife River 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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Paul Voge

Land Use & Zoning, Litigation, Wills & Probate, Consumer Bankruptcy

Status: In Good Standing Licensed: 19 Years

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6254 Ryan Road, Duluth, MN 55804

Cynthia Louise Kosiak

Motor Vehicle, Lawsuit & Dispute, Employee Rights, Employment, Bankruptcy

Status: In Good Standing Licensed: 36 Years

CONTACT

732 13Th Ave, Two Harbors, MN 55616

Jason David Hegg

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

Status: In Good Standing

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2021 E. 6Th Street, Duluth, MN 55812

Jason David Hegg

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

Status: In Good Standing

CONTACT

2021 E. 6Th Street, Duluth, MN 55812

Jason David Hegg

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

Status: In Good Standing Licensed: 14 Years

CONTACT

2021 E. 6Th Street, Duluth, MN 55812

Jason David Hegg

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

Status: In Good Standing Licensed: 14 Years

CONTACT

2021 E. 6Th Street, Duluth, MN 55812

John F. Hedtke

Bankruptcy & Debt, Estate Planning, Real Estate

Status: In Good Standing

FREE CONSULTATION

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1217 E. 1St Street, Duluth, MN 55805

Jennifer Lee Fry

Estate, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 11 Years

CONTACT

26 E Superior St, Duluth, MN 55802

Jennifer Lee Fry

Estate, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 11 Years

CONTACT

26 E Superior St, Duluth, MN 55802

Frederick A Dudderar

Lawsuit & Dispute, Bankruptcy & Debt

Status: In Good Standing Licensed: 43 Years

CONTACT

130 W. Superior Street, Duluth, MN 55802

800-923-0641

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LEGAL TERMS

COLLATERAL

Property that guarantees payment of a secured debt.

BULK SALES LAW

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to ... (more...)

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to conduct a bulk sale of business assets -- that is, get rid of an unusually large amount of inventory, merchandise or equipment -- the business owner must typically publish a notice of the sale and give written notice to creditors. Then, the owner must set up an account to hold the funds from the sale for a brief period of time during which creditors may make claims against the money. The prohibition against bulk sales is spelled out in the Uniform Commercial Code -- and laws modeled on the UCC have been generally adopted throughout the country.

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working fo... (more...)

A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working for collection agencies. The law does not apply to creditors collecting their own debts. This law has greatly improved conditions for debtors, although more than a few debt collectors ignore the law. If a collection agency violates the law, debtors can contact the Federal Trade Commission for help.

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.

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.

CHAPTER 7 BANKRUPTCY

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 b... (more...)

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 bankruptcy takes from three to six months, costs about $200, and commonly requires only one trip to the courthouse.

SECURED DEBT

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collater... (more...)

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collateral, to satisfy the debt if you default. Compare unsecured debt.

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.

DISCHARGE (OF DEBTS)

A bankruptcy court's erasure of the debts of a person or business that has filed for bankruptcy.

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Knife River Bankruptcy & Debt Lawyer, Minnesota

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

Paul Voge

Cynthia Louise Kosiak

Jason David Hegg

Jason David Hegg

Jason David Hegg

Jason David Hegg

John F. Hedtke

Jennifer Lee Fry

Jennifer Lee Fry

Frederick A Dudderar

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LEGAL TERMS

COLLATERAL

BULK SALES LAW

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

GUARANTOR

COSIGNER

CHAPTER 7 BANKRUPTCY

SECURED DEBT

GENERAL PARTNER

DISCHARGE (OF DEBTS)

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