Saint Hilaire 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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Kevin Thomas Duffy

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

Status: In Good Standing Licensed: 43 Years

CONTACT

1008 W 2Nd St, Thief River Falls, MN 56701

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

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

Shelly A. Thompson

General Practice

Status: In Good Standing

CONTACT

Thief River Falls, MN 56701

Shelly Ann Thompson

General Practice

Status: In Good Standing Licensed: 13 Years

CONTACT

208 N Labree Avenue, Thief River Falls, MN 56701

Delray Lynn Sparby

General Practice

Status: In Good Standing Licensed: 37 Years

CONTACT

312 N. Main Avenue, Thief River Falls, MN 56701

Paul J Ihle

General Practice

Status: Retired Licensed: 48 Years

CONTACT

312 N. Main Avenue, Thief River Falls, MN 56701

Kurt J Marben

General Practice

Status: In Good Standing Licensed: 47 Years

CONTACT

325 Spruce Avenue South, Thief River Falls, MN 56701

Joyce K. Christensen

General Practice

Status: Inactive Licensed: 46 Years

CONTACT

346 N Kendall Ave, Thief River Falls, MN 56701

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LEGAL TERMS

HOUSEHOLDER

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a ho... (more...)

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a homestead exemption and possibly other exemptions relating to the maintenance of the household.

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.

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.

DISCHARGEABLE DEBTS

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bill... (more...)

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bills and medical bills. Compare nondischargeable debts.

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.

TOXIC TORT

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and su... (more...)

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and suffering.

CHAPTER 7 BANKRUPTCY

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 b... (more...)

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 bankruptcy takes from three to six months, costs about $200, and commonly requires only one trip to the courthouse.

PREFERENCE

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commer... (more...)

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commercial creditors) and within one year for insider creditors (friends, family members, and business associates). Because a preference gives the creditor who received the payment an edge over other creditors in the bankruptcy case, the trustee can recover the preference (the amount of the payment) and distribute it among all of the creditors.

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.

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Saint Hilaire Collection Lawyer, Minnesota

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

Kevin Thomas Duffy

Michael Lee Jorgenson

Nathan Allen Haase

Richard Sather

Shelly A. Thompson

Shelly Ann Thompson

Delray Lynn Sparby

Paul J Ihle

Kurt J Marben

Joyce K. Christensen

TIPS

LEGAL TERMS

HOUSEHOLDER

PRESUMED ABUSE

WORKOUT

DISCHARGEABLE DEBTS

IRS EXPENSES

TOXIC TORT

CHAPTER 7 BANKRUPTCY

PREFERENCE

S CORPORATION

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