Portage County, WI Credit & Debt Lawyers

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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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Below are all Portage lawyers.

Jason Todd Studinski

Animal Bite, Class Action, Insurance, Premises Liability, Nursing Home

Status: In Good Standing Licensed: 26 Years

CONTACT

2810 Gilman Dr, Plover, WI 54467

William Love

General Practice

Status: Inactive Licensed: 51 Years

CONTACT

909 Ridge Road, Stevens Point, WI 54481

Bradley Yanke

Lawsuit & Dispute, Employment, Divorce & Family Law, Criminal

Status: In Good Standing Licensed: 13 Years

CONTACT

1257 Main St, Stevens Point, WI 54481

Jennifer James Kehoe

Mass Torts, Trucking, Elder Law, Bad Faith Insurance, Accident & Injury

Status: In Good Standing Licensed: 28 Years

CONTACT

2810 Gilman Dr, Plover, WI 54467

Daniel L. Rosenow

Government, Employment

Status: In Good Standing Licensed: 11 Years

CONTACT

1800 Northpoint Dr, Stevens Point, WI 54481

Paul A. Anderson

Estate, Wrongful Termination, Misdemeanor

Status: In Good Standing Licensed: 30 Years

CONTACT

1001 Union St, Stevens Point, WI 54481

Mark S. Henkel

Traffic, Lawsuit & Dispute, Wills & Probate, Employment

Status: In Good Standing

CONTACT

3133 Church St, Stevens Point, WI 54481

Eric R. Johnson

Landlord-Tenant, Traffic, Lawsuit & Dispute, Wills & Probate

Status: In Good Standing

CONTACT

2925 Post Road, Stevens Point, WI 54481

David A. Ray

Landlord-Tenant, Traffic, Lawsuit & Dispute, Estate

Status: In Good Standing

CONTACT

2900 Hoover Rd, Stevens Point, WI 54481

Maurice G. Rice

Real Estate, Estate, Civil & Human Rights, Business

Status: In Good Standing Licensed: 58 Years

CONTACT

1257 Main St, Stevens Point, WI 54481

800-923-0641

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LEGAL TERMS

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.

LIABILITY

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pi... (more...)

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pipe bursts the day after Paul installs it, ruining the bathroom floor. This raises the issue of liability: Who is responsible for the damage? Peri claims that Paul is responsible, and sues him for the cost of hiring another plumber to fix the pipe and replacing the floor. Paul, in turn, claims that the pipe manufacturer is responsible, because they supplied him with faulty materials. Both Peri and Paul must prove their claims in court; if Paul and/or the manufacturer is found liable, one or both will have to pay damages to Peri. (2) Something for which a person is liable. For example, a debt is often called a liability.

CREDITOR

A person or entity (such as a bank) to whom a debt is owed.

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.

ACCORD AND SATISFACTION

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collectin... (more...)

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collecting as much money as they can from debtors who cannot pay the full amount.

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.

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.

C CORPORATION

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S c... (more...)

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S corporation, whose profits are passed through to shareholders and taxed on their personal returns under subchapter S of the Internal Revenue Code.

SECRET WARRANTY PROGRAM

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid... (more...)

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid a recall and the accompanying bad press. Secret warranties are rarely advertised by the manufacturer, so consumers must pursue the manufacturer to discover and take advantage of them. A few states require manufacturers to notify car buyers when they adopt secret warranty programs.

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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Portage County, WI Credit & Debt Lawyers

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

Jason Todd Studinski

William Love

Bradley Yanke

Jennifer James Kehoe

Daniel L. Rosenow

Paul A. Anderson

Mark S. Henkel

Eric R. Johnson

David A. Ray

Maurice G. Rice

TIPS

LEGAL TERMS

UNSECURED DEBT

LIABILITY

CREDITOR

REAFFIRMATION

ACCORD AND SATISFACTION

GRACE PERIOD

TRUTH IN LENDING ACT (TILA)

C CORPORATION

SECRET WARRANTY PROGRAM

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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