Loman 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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Molly J. French

Government, Employment, Family Law, Divorce & Family Law

Status: In Good Standing

CONTACT

345 6th Avenue, International Falls, MN 56649

Megan Dyan Bond

State and Local, Natural Resources, Environmental Law, Divorce & Family Law

Status: In Good Standing Licensed: 10 Years

CONTACT

International Falls, MN 56649

Joseph M Boyle

Child Custody, Criminal, Civil Rights, Bankruptcy

Status: In Good Standing Licensed: 51 Years

CONTACT

210 Shorewood Drive, International Falls, MN 56649

Jerrod A. Shermoen

Family Law, Education, Personal Injury, Criminal, Employment

Status: In Good Standing Licensed: 27 Years

CONTACT

345 6Th Avenue, International Falls, MN 56649

Michael A. Jaksa

Workers' Compensation, Personal Injury, Mesothelioma

Status: In Good Standing Licensed: 42 Years

CONTACT

345 6Th Avenue, International Falls, MN 56649

Jerrod Anthony Shermoen

Family Law, Education, Personal Injury, Criminal, Employment

Status: In Good Standing

CONTACT

345 6Th Avenue, International Falls, MN 56649

Steven A Nelson

Family Law, Criminal, Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 52 Years

CONTACT

210 Fourth Avenue, International Falls, MN 56649

Steven M Shermoen

General Practice

Status: In Good Standing Licensed: 48 Years

CONTACT

501 Fourth Street, International Falls, MN 56649

Molly Jo French

Criminal

Status: In Good Standing Licensed: 17 Years

CONTACT

715 4Th Street, International Falls, MN 56649

Daniel Lee Griffith

Motor Vehicle, Estate, Child Custody, Divorce & Family Law

Status: In Good Standing Licensed: 31 Years

CONTACT

343 3Rd Street, International Falls, MN 56649

800-923-0641

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LEGAL TERMS

401(K) PLAN

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income ... (more...)

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income taxes on the amount invested and any earnings are due until the employee withdraws money from the fund.

DEBIT CARD

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can ... (more...)

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can also be used at stores to pay for goods and services in place of a check. Unlike a credit card, a debit card automatically withdraws money from your checking account at the time of the transaction. Debit cards are regulated by the Electronic Funds Transfer Act.

FCBA

See Fair Credit Billing Act.

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.

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.

GUARANTEED RESERVATION

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehic... (more...)

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehicle for you no matter when you show up. If you have a guaranteed reservation with a hotel, it must provide you with a room, either at that hotel or at another comparable establishment. If you have a guaranteed reservation with a car agency, it must provide you with a vehicle. The downside of a guaranteed reservation is that if you don't show up and haven't cancelled your reservation, you will be billed for one night in the room or one day's use of the vehicle.

LIQUIDATING PARTNER

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

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.

FAIR CREDIT REPORTING ACT (FCRA)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to a... (more...)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to adopt reasonable procedures for gathering, maintaining and disseminating information and bars credit bureaus from reporting negative information that is older than seven years, except a bankruptcy, which may be reported for ten. If you notify a credit bureau of an error in your credit report, the FCRA requires the bureau to investigate your allegations within 30 days, review all information you provide, remove inaccurate and unverified information and adopt procedures to keep the information from reappearing. In addition, the law requires that creditors refrain from reporting incorrect information to credit bureaus.

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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Loman Credit & Debt Lawyer, Minnesota

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

Molly J. French

Megan Dyan Bond

Joseph M Boyle

Jerrod A. Shermoen

Michael A. Jaksa

Jerrod Anthony Shermoen

Steven A Nelson

Steven M Shermoen

Molly Jo French

Daniel Lee Griffith

TIPS

LEGAL TERMS

401(K) PLAN

DEBIT CARD

FCBA

LIMITED PARTNERSHIP

CHAPTER 13 PLAN

GUARANTEED RESERVATION

LIQUIDATING PARTNER

S CORPORATION

FAIR CREDIT REPORTING ACT (FCRA)

SAMPLE LEGAL CASES

Baker v. Baker

US FEDERAL CREDIT UNION v. STARS & STRIKES, LLC

ATLANTIC CREDIT & FINANCE v. DUSTRUDE

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