Lake Park 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 Lake Park Bankruptcy & Debt lawyer.
Below are all Lake Park lawyers.

William James Violet

General Practice

Status: In Good Standing Licensed: 26 Years

CONTACT

27708 88Th Avenue South, Hawley, MN 56549

Zenas Baer

Juvenile Law, Real Estate, Motor Vehicle, Immigration, DUI-DWI

Status: In Good Standing Licensed: 44 Years

CONTACT

331 Sixth St, Hawley, MN 56549

Jeffrey David Stowman

Industry Specialties, Accident & Injury, Civil Rights

Status: In Good Standing

CONTACT

1100 West Lake Dr, Detroit Lakes, MN 56502

Jeffrey David Stowman

Industry Specialties, Accident & Injury, Civil Rights

Status: In Good Standing

CONTACT

1100 West Lake Dr, Detroit Lakes, MN 56502

Jerald L. Engelman

Landlord-Tenant, Immigration, Social Security, Car Accident, Slip & Fall Accident

Status: In Good Standing Licensed: 50 Years

CONTACT

21792 Floyd Lake Dr, Detroit Lakes, MN 56501

Samuel Stephen Rufer

Real Estate, Lawsuit & Dispute, Business, Accident & Injury

Status: In Good Standing Licensed: 21 Years

CONTACT

903 Washington Ave, Detroit Lakes, MN 56501

Charles A. Seuntjens

Landlord-Tenant, Estate, Divorce & Family Law, Business

Status: In Good Standing

CONTACT

903 Washington Ave, Detroit Lakes, MN 56501

Charlie Andrew Seuntjens

Divorce, Car Accident

Status: In Good Standing Licensed: 19 Years

CONTACT

903 Washington Ave, Detroit Lakes, MN 56501

Samuel Stephen Rufer

Real Estate, Lawsuit & Dispute, Business, Accident & Injury

Status: In Good Standing Licensed: 21 Years

CONTACT

903 Washington Ave, Detroit Lakes, MN 56501

Thomas Peter Winters

Corporate, Family Law, Estate Planning, International Other

Status: In Good Standing

CONTACT

904 Lake Ave, Detroit Lakes, MN 56501

800-923-0641

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LEGAL TERMS

SUBROGATION

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off i... (more...)

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off its injured claimant takes the legal rights the claimant has against a third party that caused the injury, and sues that third party.

CREDIT INSURANCE

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay o... (more...)

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay off the remaining balance. Federal and state consumer protection laws require the lender to disclose to existing and potential borrowers the terms and costs of obtaining credit insurance because it can affect the terms of the loan.

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.

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.

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.

CHAPTER 13 BANKRUPTCY

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your inc... (more...)

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your income to pay all or a portion of the debts over three to five years. The minimum amount you must pay is roughly equal to the value of your nonexempt property. In addition, you must pledge your disposable net income -- after subtracting reasonable expenses -- for the period during which you are making payments. At the end of the three-to five-year period, the balance of what you owe on most debts is erased.

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.

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.

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemp... (more...)

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemptible because it has been damaged or destroyed.

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Lake Park Bankruptcy & Debt Lawyer, Minnesota

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

William James Violet

Zenas Baer

Jeffrey David Stowman

Jeffrey David Stowman

Jerald L. Engelman

Samuel Stephen Rufer

Charles A. Seuntjens

Charlie Andrew Seuntjens

Samuel Stephen Rufer

Thomas Peter Winters

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LEGAL TERMS

SUBROGATION

CREDIT INSURANCE

LIMITED PARTNERSHIP

UNSECURED DEBT

LIMITED LIABILITY

CHAPTER 13 BANKRUPTCY

GUARANTOR

S CORPORATION

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

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