Manitowoc County, WI Credit & Debt Lawyers, page 6

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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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Not enough matches for Manitowoc Credit & Debt lawyer.
Below are all Manitowoc lawyers.

John M. Cashman

Estate, Divorce & Family Law, Civil & Human Rights

Status: In Good Standing Licensed: 51 Years

CONTACT

1509 Torrison Drive, Manitowoc, WI 54220

Steven J. Rollins

Government

Status: In Good Standing Licensed: 36 Years

CONTACT

1010 S 8Th St, Manitowoc, WI 54220

Michael C. Griesbach

Other, Lawsuit & Dispute, Civil & Human Rights, Accident & Injury

Status: In Good Standing Licensed: 39 Years

CONTACT

830 N 12Th St, Manitowoc, WI 54220

Alison C. Petri

Real Estate, Estate, Civil & Human Rights

Status: In Good Standing Licensed: 19 Years

CONTACT

21 Maritime Dr, Manitowoc, WI 54221

Patricia A. Koppa

Government

Status: In Good Standing Licensed: 40 Years

CONTACT

1010 S 8Th St, Manitowoc, WI 54220

Jill L. Vendetti

General Practice

Status: In Good Standing Licensed: 18 Years

CONTACT

300 E Walnut St, Manitowoc, WI 54220

Gail A. Prost

Criminal

Status: In Good Standing Licensed: 37 Years

CONTACT

1010 S 8Th St, Manitowoc, WI 54220

Patrick L. Willis

General Practice

Status: In Good Standing Licensed: 50 Years

CONTACT

3605 Briarwood Ln, Manitowoc, WI 54220

Laura Jean Wolf

Health Care Other, Corporate, Medical Malpractice

Status: In Good Standing Licensed: 44 Years

CONTACT

1415 S Rapids Rd, Manitowoc, WI 54220

Jerilyn M. Dietz

Traffic, Lawsuit & Dispute, Wrongful Termination, Divorce & Family Law

Status: In Good Standing Licensed: 21 Years

CONTACT

823 Marshall St, Manitowoc, WI 54221

800-923-0641

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LEGAL TERMS

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.

FCRA

See Fair Credit Reporting Act.

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.

LIQUIDATING PARTNER

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

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.

IRS EXPENSES

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income mu... (more...)

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income must use the IRS expenses to calculate their average net income in a Chapter 7 case, or their disposable income in a Chapter 13 case.

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.

WORKOUT

A debtor's plan to take care of a debt, by paying it off or through loan forgiveness. Workouts are often created to avoid bankruptcy or foreclosure proceedings.

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.

SAMPLE LEGAL CASES

HARBOR CREDIT UNION v. SAMP

... 1 BLANCHARD, J. Harbor Credit Union obtained a judgment of foreclosure on real estate owned by Christopher Samp based on Samp's default on a first mortgage and note. ... So Mr. Samp would be walking away without any debt to [Harbor] in regard to those two loans.". ...

IN RE THE MARRIAGE OF CHON v. Sorensen

... 4 The trial court found that Sorenson overpaid maintenance, essentially cancelling out the credit card debt. ... The court expressly found credible Sorenson's testimony regarding the payment of the credit card debt. We defer to the circuit court's credibility determinations. Wis. Stat. ...

IN RE THE MARRIAGE OF IVERSON v. Iverson

... Jean agreed to "maintain average inventory in the store" and further agreed that "she will not increase the credit card debt against the business beyond $50,000." Lowell agreed to pay Jean a $40,000 cash equalization payment from his share of the net sale proceeds of ...

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Manitowoc County, WI Credit & Debt Lawyers, page 6

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

John M. Cashman

Steven J. Rollins

Michael C. Griesbach

Alison C. Petri

Patricia A. Koppa

Jill L. Vendetti

Gail A. Prost

Patrick L. Willis

Laura Jean Wolf

Jerilyn M. Dietz

TIPS

LEGAL TERMS

UNDUE HARDSHIP

FCRA

CHAPTER 13 PLAN

LIQUIDATING PARTNER

CREDIT INSURANCE

IRS EXPENSES

GRACE PERIOD

WORKOUT

S CORPORATION

SAMPLE LEGAL CASES

HARBOR CREDIT UNION v. SAMP

IN RE THE MARRIAGE OF CHON v. Sorensen

IN RE THE MARRIAGE OF IVERSON v. Iverson

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