Vernon Center 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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Kimberly Anne Literovich

Commercial Real Estate, Estate, Corporate, Collection

Status: In Good Standing Licensed: 19 Years

CONTACT

100 Warren St, Mankato, MN 56001

Andrea Lieser

Collection, Personal Injury, Estate Planning, Dispute Resolution

Status: In Good Standing

CONTACT

201 North Broad Street, Mankato, MN 56002

Renee Cecile Rubish

Litigation, Agriculture, Collection, Medical Malpractice, Car Accident

Status: In Good Standing

CONTACT

151 St Andrews Ct, Mankato, MN 56001

Halverson Law Office

Bankruptcy, Real Estate

Status: In Good Standing

CONTACT

600 S 2Nd St, Mankato, MN 56001

Herbert Kroon

Mediation, Family Law, Juvenile Law, Criminal, Bankruptcy

Status: In Good Standing

CONTACT

503 Cornelia St, Mankato, MN 56003

Herbert C Kroon

Family Law, Juvenile Law, Criminal, Bankruptcy

Status: In Good Standing

CONTACT

503 Cornelia St, Mankato, MN 56003

Herbert C Kroon

Mediation, Divorce, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 45 Years

CONTACT

503 Cornelia St, Mankato, MN 56003

Stephen John Behm

Consumer Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 28 Years

CONTACT

403 S Broad St, Mankato, MN 56002

Charles Trong Nguyen

General Practice

Status: In Good Standing Licensed: 7 Years

CONTACT

11 Civic Center Plaza, Mankato, MN 56001

Mark C Halverson

Transportation & Shipping, Bankruptcy, Trusts

Status: In Good Standing Licensed: 44 Years

CONTACT

Mankato, MN 56002

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LEGAL TERMS

WINDING UP

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, a... (more...)

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, all with the ultimate goal of liquidating or closing down a corporation or partnership.

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.

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.

CURRENT MONTHLY INCOME

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding... (more...)

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding the bankruptcy filing. The debtor's current monthly income is used to determine whether the debtor can file for Chapter 7 bankruptcy, among other things.

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.

MEANS TEST

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income ... (more...)

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income for his or her state should be allowed to file for Chapter 7 bankruptcy.

NONDISCHARGEABLE DEBTS

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chap... (more...)

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chapter 13 bankruptcy, the nondischargeable debts will have to be paid in full during your plan or you will have a balance at the end of your case. Examples of nondischargeable debts include alimony and child support, most income tax debts, many student loans and debts for personal injury or death caused by drunk driving. Compare dischargeable debts.

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.

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Vernon Center Collection Lawyer, Minnesota

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

Kimberly Anne Literovich

Andrea Lieser

Renee Cecile Rubish

Halverson Law Office

Herbert Kroon

Herbert C Kroon

Herbert C Kroon

Stephen John Behm

Charles Trong Nguyen

Mark C Halverson

TIPS

LEGAL TERMS

WINDING UP

FRATERNAL BENEFIT SOCIETY BENEFITS

LIABILITY

CREDITOR

CURRENT MONTHLY INCOME

UNSECURED DEBT

MEANS TEST

NONDISCHARGEABLE DEBTS

PRIORITY DEBT

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