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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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David B. Russell

General Practice

Status: In Good Standing

FREE CONSULTATION

CONTACT

505 King Street, La Crosse, WI 54602

David L. Abt

Accident & Injury, Bankruptcy & Debt, Divorce & Family Law, Real Estate, Personal Injury

Status: In Good Standing Licensed: 47 Years

CONTACT

210 N Main St, Westby, WI 54667

George C. Wilbur

Bankruptcy & Debt, Criminal, Real Estate, Business, Lawsuit & Dispute

Status: In Good Standing Licensed: 28 Years

CONTACT

104 W Main St, La Farge, WI 54639

Matthew J. Krawczyk

Corporate, Business Organization, Banking & Finance, Bankruptcy

Status: In Good Standing Licensed: 17 Years

CONTACT

16535 W Bluemound Rd, Brookfield, WI 53005

Daniel Kaminsky

Employee Rights, Corporate, Credit & Debt, Medical Malpractice

Status: In Good Standing Licensed: 26 Years

CONTACT

531 Fond Du Lac Ave, Fond Du Lac, WI 54935

Sibylle H. Tasker

Real Estate, Government, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 27 Years

CONTACT

1950 Elm Tree Rd, Elm Grove, WI 53122

Rachel Lyn Taknint

Government, Bankruptcy, Litigation, Business

Status: Suspended Licensed: 39 Years

CONTACT

2804 E Newberry Blvd, Milwaukee, WI 53211

Daphne Webb

Environmental Law Other, Workers' Compensation, Bankruptcy, Products Liability

Status: In Good Standing Licensed: 51 Years

CONTACT

222 W Washington Ave, Madison, WI 53701

Bryan D. Woods

Real Estate, Divorce & Family Law, Business, Bankruptcy

Status: In Good Standing Licensed: 52 Years

CONTACT

2 E Mifflin St, Madison, WI 53703

Ryan Scott Lovitz

Environmental Law Other, Business, Bankruptcy, Products Liability

Status: In Good Standing Licensed: 18 Years

CONTACT

10801 Corporate Dr, Pleasant Prairie, WI 53158

800-923-0641

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LEGAL TERMS

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.

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.

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.

SUBROGATION

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off i... (more...)

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off its injured claimant takes the legal rights the claimant has against a third party that caused the injury, and sues that third party.

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.

FAIR CREDIT REPORTING ACT (FCRA)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to a... (more...)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to adopt reasonable procedures for gathering, maintaining and disseminating information and bars credit bureaus from reporting negative information that is older than seven years, except a bankruptcy, which may be reported for ten. If you notify a credit bureau of an error in your credit report, the FCRA requires the bureau to investigate your allegations within 30 days, review all information you provide, remove inaccurate and unverified information and adopt procedures to keep the information from reappearing. In addition, the law requires that creditors refrain from reporting incorrect information to credit bureaus.

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.

CREDIT INSURANCE

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay o... (more...)

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay off the remaining balance. Federal and state consumer protection laws require the lender to disclose to existing and potential borrowers the terms and costs of obtaining credit insurance because it can affect the terms of the loan.

LIMITED PARTNERSHIP

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner ... (more...)

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner or partners (called general partners) have unlimited personal liability. The key difference between a general and limited partner concerns management decision making--general partners run the business, and limited partners, who are usually passive investors, are not allowed to make day-to-day business decisions. If they do, they risk being treated as general partners with unlimited personal liability.

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Viroqua Bankruptcy & Debt Lawyer, Wisconsin

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

David B. Russell

David L. Abt

George C. Wilbur

Matthew J. Krawczyk

Daniel Kaminsky

Sibylle H. Tasker

Rachel Lyn Taknint

Daphne Webb

Bryan D. Woods

Ryan Scott Lovitz

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LEGAL TERMS

DISPOSABLE INCOME

WORKOUT

NONEXEMPT PROPERTY

SUBROGATION

DEBT COLLECTOR

FAIR CREDIT REPORTING ACT (FCRA)

IRS EXPENSES

CREDIT INSURANCE

LIMITED PARTNERSHIP

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