Monticello 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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Craig A.B. Freeman

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Status: In Good Standing

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6900 Wedgwood Road, Osseo, MN 55311

Lukas Fabian Belflower

Landlord-Tenant, Estate, Contract, Collection

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201 W Seventh St, Albertville, MN 55362

Brian Aho

Bankruptcy & Debt, Divorce & Family Law, Business

Status: In Good Standing

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5721 La Centre Avenue, Albertville, MN 55301

Matthew Daniel Frie

Divorce & Family Law, Bankruptcy & Debt

Status: In Good Standing Licensed: 15 Years

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Patty Wisecup

Divorce, Divorce & Family Law, Bankruptcy & Debt, Medical Malpractice, Accident & Injury

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200 Central Ave., Buffalo, MN 55313

Joseph Richard Bazan

General Practice

Status: In Good Standing Licensed: 32 Years

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307 3Rd Avenue N.W., Buffalo, MN 55313

Robert W Reutiman

Commercial Real Estate, Wills, Wills & Probate, Estate, Consumer Bankruptcy

Status: In Good Standing Licensed: 55 Years

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305 E Rice St, Crystal Bay, MN 55391

Kirby C. Graff

Lawsuit & Dispute, Bankruptcy & Debt

Status: In Good Standing Licensed: 11 Years

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1905 E Wayzata Blvd, Crystal Bay, MN 55391

Michael C Mahoney

Employee Rights, Corporate, Banking & Finance, Bankruptcy

Status: In Good Standing

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109 Bushaway Rd, Crystal Bay, MN 55391

Katie Marie Jendro

Estate, Divorce & Family Law, Banking & Finance, Bankruptcy & Debt, Car Accident

Status: In Good Standing Licensed: 18 Years

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11070 183Rd Circle Nw, Elk River, MN 55330

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LEGAL TERMS

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.

DISPOSABLE INCOME

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Ch... (more...)

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Chapter 13 plan.

INTEREST

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to ... (more...)

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to your balance. This means that if your loan or credit line has an interest rate of 8%, the holder adds 8% to the balance each year. More specifically, interest is calculated and added to your loan or credit line through a process called compounding. If interest is compounded daily, the balance will rise by 1/365th of 8% each day. If interest is compounded monthly, the balance will rise 1/12th of 8% at the start of each month.

ABUSE

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because ... (more...)

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because the debtor appears to have enough disposable income to fund a Chapter 13 repayment plan.

CYBERSQUATTING

Buying a domain name that reflects the name of a business or famous person with the intent of selling the name back to the business or celebrity for a profit. T... (more...)

Buying a domain name that reflects the name of a business or famous person with the intent of selling the name back to the business or celebrity for a profit. The Anticybersquatting Consumer Protection Act of 1999 authorizes a cybersquatting victim to file a federal lawsuit to regain a domain name or sue for financial compensation. Under the act, registering, selling or using a domain name with the intent to profit from someone else's good name is considered cybersquatting. Victims of cybersquatting can also use the provisions of the Uniform Domain Name Dispute Resolution Policy adopted by ICANN, an international tribunal administering domain names. This international policy results in arbitration of the dispute, not litigation.

LIEN

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortg... (more...)

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortgages, home equity loans, car loans and personal loans for which you pledge property to guarantee repayment. Liens created without your consent are called nonconsensual liens, and include judgment liens (liens filed by a creditor who has sued you and obtained a judgment), tax liens and mechanics liens (liens filed by a contractor who worked on your house but wasn't paid).

BANKRUPTCY TRUSTEE

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is t... (more...)

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is to gather the debtor's nonexempt property, liquidate it and distribute it proportionally to her creditors. In a Chapter 13 case, the trustee's role is to receive the debtor's monthly payments and distribute them proportionally to her creditors.

SETOFF

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a countercl... (more...)

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a counterclaim filed by a defendant in a lawsuit. Banks may try to exercise a setoff by taking money out of a deposit account to satisfy past due payments on a loan or credit card bill. Such an act is illegal under most circumstances.

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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Monticello Bankruptcy & Debt Lawyer, Minnesota

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

Craig A.B. Freeman

Lukas Fabian Belflower

Brian Aho

Matthew Daniel Frie

Patty Wisecup

Joseph Richard Bazan

Robert W Reutiman

Kirby C. Graff

Michael C Mahoney

Katie Marie Jendro

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LEGAL TERMS

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DISPOSABLE INCOME

INTEREST

ABUSE

CYBERSQUATTING

LIEN

BANKRUPTCY TRUSTEE

SETOFF

GUARANTOR

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