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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

David K. Snyder

Business, Real Estate, Municipal, Bankruptcy

Status: In Good Standing

CONTACT

56 East Broadway Avenue, Forest Lake, MN 55025

Timothy Helmer Baland

Commercial Leasing, Landlord-Tenant, Consumer Bankruptcy, Real Estate

Status: In Good Standing Licensed: 18 Years

CONTACT

2140 4th Ave, Anoka, MN 55303

Margaret Morrison Bondy

Corporate, Copyright, Commercial Bankruptcy, Patent

Status: In Good Standing Licensed: 21 Years

CONTACT

1 Vista Way, Bethel, MN 55303

Michael John Sheridan

Commercial Real Estate, Elder Law, Consumer Bankruptcy, Bankruptcy

Status: In Good Standing

CONTACT

2006 1St Ave. N., Bethel, MN 55303

Michael John Sheridan

General Practice

Status: In Good Standing Licensed: 16 Years

CONTACT

2006 1St Ave. N., Bethel, MN 55303

Joseph Richard Bazan

General Practice

Status: In Good Standing Licensed: 31 Years

CONTACT

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

Jacob G. Peterson

Commercial Real Estate, Litigation, Employment, Commercial Bankruptcy, Contract

Status: In Good Standing

CONTACT

200-3Rd Avenue, Ne, Cambridge, MN 55008

Michael J Evens

Contract, Health Care Other, Consumer Bankruptcy

Status: In Good Standing

CONTACT

2256 128Th Court Ne, Circle Pines, MN 55449

Jillian Carla Karas

Environmental Law Other, Elder Law, Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 12 Years

CONTACT

12798 Petersburg St Ne, Circle Pines, MN 55449

Caitlin Edna O'Rourke

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

Status: In Good Standing Licensed: 16 Years

CONTACT

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

800-923-0641

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LEGAL TERMS

CREDIT REPORT

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you m... (more...)

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you make the payments on time, as well as personal history, such as your former addresses, employment record and lawsuits in which you have been involved. An estimated 50% of all credit reports contain errors, such as accounts that don't belong to you, an incorrect account status or information reported that is older than seven years (ten years in the case of a bankruptcy).

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.

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.

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.

LIMITED LIABILITY

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or ... (more...)

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or a person who invests in a corporation (a shareholder) generally stands to lose only the amount of money invested in the business. This means that if the business folds, creditors cannot seize or sell an owner's home, car, or other personal assets.

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.

BULK SALES LAW

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to ... (more...)

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to conduct a bulk sale of business assets -- that is, get rid of an unusually large amount of inventory, merchandise or equipment -- the business owner must typically publish a notice of the sale and give written notice to creditors. Then, the owner must set up an account to hold the funds from the sale for a brief period of time during which creditors may make claims against the money. The prohibition against bulk sales is spelled out in the Uniform Commercial Code -- and laws modeled on the UCC have been generally adopted throughout the country.

FRATERNAL BENEFIT SOCIETY BENEFITS

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal socie... (more...)

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal societies that provide benefits. Also called benefit society, benevolent society or mutual aid association benefits. Under bankruptcy laws, these benefits are virtually always considered exempt property.

CREDIT FILE

See credit report.

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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Stanchfield Bankruptcy Lawyer, Minnesota

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

David K. Snyder

Timothy Helmer Baland

Margaret Morrison Bondy

Michael John Sheridan

Michael John Sheridan

Joseph Richard Bazan

Jacob G. Peterson

Michael J Evens

Jillian Carla Karas

Caitlin Edna O'Rourke

TIPS

LEGAL TERMS

CREDIT REPORT

UNSECURED DEBT

PRIORITY DEBT

NONEXEMPT PROPERTY

LIMITED LIABILITY

DEBT COLLECTOR

BULK SALES LAW

FRATERNAL BENEFIT SOCIETY BENEFITS

CREDIT FILE

SAMPLE LEGAL CASES

Sitek v. Striker

Fast v. Fast

McIntosh Cty. Bank v. Dorsey & Whitney

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