Silver Lake Bankruptcy 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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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

John Timothy Lund

Welfare, Construction, Family Law, Criminal, Consumer Bankruptcy

Status: In Good Standing

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13 South Seventh Avenue, Saint Cloud, MN 56301

Richard J. Haefele

Litigation, Criminal, Bankruptcy

Status: In Good Standing

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1059 Stoughton Avenue, Chaska, MN 55318

Allen I Saeks

Estate Planning, Environmental Law Other, Securities, Bankruptcy

Status: In Good Standing Licensed: 68 Years

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14840 Pondview Cr, Crystal Bay, MN 55391

Amanda May Scharber

Bankruptcy

Status: In Good Standing

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13 South 7Th Avenue, Saint Cloud, MN 56301

Amanda Kristine Linden

General Practice

Status: In Good Standing Licensed: 12 Years

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3033 Campus Drive, Minneapolis, MN 55441

Andrew Jon Haugen

Family Law, Divorce, Child Custody, Bankruptcy

Status: In Good Standing Licensed: 12 Years

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276 Water St, Crystal Bay, MN 55331

Anne Marie Scoggin

Estate Planning, Environmental Law Other, Securities, Bankruptcy

Status: In Good Standing Licensed: 39 Years

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401 Carlson Parkway, Hopkins, MN 55305

Brian Anthony Chou

Workers' Compensation, Securities, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 21 Years

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3033 Campus Drive, Minneapolis, MN 55441

Caitlin Edna O'Rourke

Family Law, Divorce & Family Law, Bankruptcy, Slip & Fall Accident

Status: In Good Standing Licensed: 16 Years

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11070 183Rd Circle N.W., Elk River, MN 55330

Chad Anthony Kelsch

Landlord-Tenant, Construction, Collection, Bankruptcy

Status: In Good Standing

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3350 Annapolis Ln N, Minneapolis, MN 55447

800-923-0641

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LEGAL TERMS

COLLATERAL

Property that guarantees payment of a secured debt.

PRIORITY DEBT

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13... (more...)

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13 bankruptcy. Priority debts include alimony and child support, fees owed to the trustee and the attorney in the bankruptcy case, and wages owed to employees.

CHAPTER 13 BANKRUPTCY

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your inc... (more...)

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your income to pay all or a portion of the debts over three to five years. The minimum amount you must pay is roughly equal to the value of your nonexempt property. In addition, you must pledge your disposable net income -- after subtracting reasonable expenses -- for the period during which you are making payments. At the end of the three-to five-year period, the balance of what you owe on most debts is erased.

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.

NONEXEMPT PROPERTY

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typicall... (more...)

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typically includes valuable clothing (furs) and electronic equipment, an expensive car that's been paid off and most of the equity in your house. Compare exempt property.

NUISANCE FEES

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fe... (more...)

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fees, inactivity fees and fees for not carrying a balance from month to month. It's best to shop around and get rid of cards that have these fees attached.

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.

DEBT COLLECTOR

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe... (more...)

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe. Debt collectors can be relentless, often using scare tactics, humiliation and repeated phone calls to extract payments or promises to pay.

DEFINED CONTRIBUTION PLAN

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount ... (more...)

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount every month, or every year, for each employee. The employer usually pays a fixed percentage of an employee's wages or salary, although sometimes the amount is a fraction of the company's profits, with the size of each employee's pension share depending on the amount of wage or salary. Upon retirement, each employee's pension is determined by how much was contributed to the fund on behalf of that employee over the years, plus whatever earnings that money has accumulated as part of the investments of the entire pension fund.

SAMPLE LEGAL CASES

Sitek v. Striker

... Approximately one month later, Striker filed for Chapter 7 bankruptcy. Sitek argues that the bankruptcy proceedings voided the notice of cancellation and prejudiced her ability to exercise her statutory rights to cure the default or enjoin cancellation. ...

Fast v. Fast

... debt. Following the marriage dissolution, respondent filed for chapter 7 bankruptcy. 11 USC ch. 7 (2006). Appellant was listed as a creditor in the bankruptcy proceedings along with the debt owed to Wells Fargo. Although ...

McIntosh Cty. Bank v. Dorsey & Whitney

... M & S filed for Chapter 7 bankruptcy relief in January 2002. ... The bankruptcy court dismissed 28 banks' claims for lack of subject matter jurisdiction, abstained from hearing the remaining participants' claims, and denied Dorsey's motion for summary judgment. ...

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Silver Lake Bankruptcy Lawyer, Minnesota

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

John Timothy Lund

Richard J. Haefele

Allen I Saeks

Amanda May Scharber

Amanda Kristine Linden

Andrew Jon Haugen

Anne Marie Scoggin

Brian Anthony Chou

Caitlin Edna O'Rourke

Chad Anthony Kelsch

TIPS

LEGAL TERMS

COLLATERAL

PRIORITY DEBT

CHAPTER 13 BANKRUPTCY

DISPOSABLE INCOME

NONEXEMPT PROPERTY

NUISANCE FEES

ACCORD AND SATISFACTION

DEBT COLLECTOR

DEFINED CONTRIBUTION PLAN

SAMPLE LEGAL CASES

Sitek v. Striker

Fast v. Fast

McIntosh Cty. Bank v. Dorsey & Whitney

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