Red Lake Falls Bankruptcy & Debt Lawyer, Minnesota, page 2

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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 Red Lake Falls Bankruptcy & Debt lawyer.
Below are all Red Lake Falls lawyers.

Charles Alan Stock

Lawsuit & Dispute, Employment, Bankruptcy & Debt, Accident & Injury

Status: In Good Standing Licensed: 32 Years

CONTACT

407 N. Broadway, Crookston, MN 56716

Matthew James Rust

General Practice

Status: In Good Standing Licensed: 18 Years

CONTACT

407 N. Broadway, Crookston, MN 56716

Daniel Loren Rust

Traffic, Divorce & Family Law, Criminal, Civil Rights

Status: In Good Standing Licensed: 47 Years

CONTACT

407 N. Broadway, Crookston, MN 56716

Anne Marie Rasmusson

Criminal, Family Law

Status: In Good Standing Licensed: 17 Years

CONTACT

407 N. Broadway, Crookston, MN 56716

Michael Lee Jorgenson

Divorce & Family Law, Bankruptcy, Slip & Fall Accident

Status: In Good Standing Licensed: 37 Years

CONTACT

119 W Second Street, Thief River Falls, MN 56701

Wayne H Swanson

Real Estate, Lawsuit & Dispute, Estate, Accident & Injury

Status: In Good Standing Licensed: 50 Years

CONTACT

23544 265Th Street S.W., Crookston, MN 56716

Tracey Lynn Knutson

Real Estate, Employment, Divorce & Family Law, Criminal

Status: In Good Standing Licensed: 21 Years

CONTACT

201 1/2 North Broadway, Crookston, MN 56716

Nathan Allen Haase

General Practice

Status: In Good Standing Licensed: 11 Years

CONTACT

312 Main Ave N, Thief River Falls, MN 56701

Richard Sather

Real Estate, Wills & Probate, Criminal, Personal Injury

Status: In Good Standing Licensed: 43 Years

CONTACT

311 Main Ave N, Thief River Falls, MN 56701

Dennis L Johnson

General Practice

Status: Retired Licensed: 43 Years

CONTACT

10632 Center Avenue South, Saint Hilaire, MN 56754

800-923-0641

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LEGAL TERMS

COLLATERAL

Property that guarantees payment of a secured debt.

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.

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.

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.

COLLECTION AGENCY

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the d... (more...)

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the debt themselves, typically through letters (called 'dunning' letters) and telephone calls. Collection agencies are regulated by the federal Fair Debt Collection Practices Act. Unfortunately, too many collectors ignore this law.

GENERAL PARTNER

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the... (more...)

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the business's debts and obligations. A general partner's actions can legally bind the entire business. See also partnership, limited partnership.

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.

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).

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.

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Red Lake Falls Bankruptcy & Debt Lawyer, Minnesota, page 2

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

Charles Alan Stock

Matthew James Rust

Daniel Loren Rust

Anne Marie Rasmusson

Michael Lee Jorgenson

Wayne H Swanson

Tracey Lynn Knutson

Nathan Allen Haase

Richard Sather

Dennis L Johnson

TIPS

LEGAL TERMS

COLLATERAL

SOLE PROPRIETORSHIP

GUARANTOR

UNDUE HARDSHIP

COLLECTION AGENCY

GENERAL PARTNER

IRS EXPENSES

LIEN

SETOFF

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