Maple Lake Collection 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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Ryan Dale Peterson

✓ VERIFIED

Credit & Debt, Collection, Landlord-Tenant, Identity Theft

Ryan Peterson is a former debt collection attorney turned consumer rights expert and advocate. After graduating from William Mitchell law school in 20... (more)

CONTACT

612-367-6568

5201 Eden Avenue, Edina, MN 55436

Craig A.B. Freeman

Collection, Construction, Construction Liens

Status: In Good Standing

CONTACT

6900 Wedgwood Road, Osseo, MN 55311

Andrew Brian Kalis

Estate Planning, Workers' Compensation, Family Law, Collection

Status: In Good Standing

FREE CONSULTATION

CONTACT

8401 Wayzata Boulevard, Minneapolis, MN 55426

Lukas Fabian Belflower

Landlord-Tenant, Estate, Contract, Collection

Status: In Good Standing

CONTACT

201 W Seventh St, Albertville, MN 55362

Mark Hansen

Securities Fraud , Collection, Bankruptcy

Status: In Good Standing Licensed: 31 Years

CONTACT

Saint Cloud, MN 56302

Andrew Robert Pearson

Identity Theft, Civil Rights, Collection, Car Accident

Status: In Good Standing

CONTACT

1505 Division Street, Waite Park, MN 56387

D. Scott Berry

Construction, Estate Planning, Divorce, Collection

Status: In Good Standing

CONTACT

206 South Rum River Dr, Princeton, MN 55371

Craig T. Dokken

Construction, Corporate, Banking & Finance, Collection

Status: In Good Standing Licensed: 37 Years

CONTACT

6900 Wedgwood Rd N, Maple Grove, MN 55311

Jodi Marie Terzich

Family Law, Divorce, Divorce & Family Law, Collection

Status: In Good Standing Licensed: 27 Years

CONTACT

11284 86Th Ave N, Maple Grove, MN 55369

Jesse Anthony Horoshak

Business, Collection, Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 17 Years

CONTACT

6445 Sycamore Court North, Osseo, MN 55369

800-923-0641

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LEGAL TERMS

SOLE PROPRIETORSHIP

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, m... (more...)

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, meaning that business profits are reported and taxed on the owner's personal tax return. Setting up a sole proprietorship is cheap and easy since no legal formation documents need be filed with any governmental agency (although tax registration and other permit and license requirements may still apply). Once you file a fictitious name statement (assuming you don't use your own name) and obtain any required basic tax permits and business licenses, you'll be in business. The main downside of a sole proprietorship is that its owner is personally liable for all business debts.

FRATERNAL BENEFIT SOCIETY BENEFITS

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal socie... (more...)

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal societies that provide benefits. Also called benefit society, benevolent society or mutual aid association benefits. Under bankruptcy laws, these benefits are virtually always considered exempt property.

PRESUMED ABUSE

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means te... (more...)

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means test, the court will presume that the debtor has sufficient income to fund a Chapter 13 plan. In this situation, the debtor will not be allowed to proceed with a Chapter 7 bankruptcy unless the debtor can prove that he or she is not abusing the Chapter 7 bankruptcy remedy.

REAFFIRMATION

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing deb... (more...)

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing debt after the bankruptcy case is over. For instance, a debtor might make a reaffirmation agreement with the holder of a car note that the debtor can keep the car and must continue to pay the debt after bankruptcy.

FORBEARANCE

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily ... (more...)

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily postponing or reducing the borrower's payments.

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.

TRUTH IN LENDING ACT (TILA)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disc... (more...)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disclose the terms of a loan, including the total amount of the loan, the annual interest rate and the number, amount and due dates of all payments necessary to repay the loan. The TILA requires additional disclosures and places many restrictions on mortgages.

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.

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.

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Maple Lake Collection Lawyer, Minnesota

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

Ryan Dale Peterson

Craig A.B. Freeman

Andrew Brian Kalis

Lukas Fabian Belflower

Mark Hansen

Andrew Robert Pearson

D. Scott Berry

Craig T. Dokken

Jodi Marie Terzich

Jesse Anthony Horoshak

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LEGAL TERMS

SOLE PROPRIETORSHIP

FRATERNAL BENEFIT SOCIETY BENEFITS

PRESUMED ABUSE

REAFFIRMATION

FORBEARANCE

FAIR CREDIT REPORTING ACT (FCRA)

TRUTH IN LENDING ACT (TILA)

LIMITED LIABILITY

GUARANTOR

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