Wanamingo Credit & Debt 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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Dan A. Ribble

Corporate, Credit & Debt, Property Damage, Labor Law

Status: In Good Standing

CONTACT

13575 Hilary Path, Hastings, MN 55033

Dan Ribble

Corporate, Credit & Debt, Property Damage, Labor Law

Status: In Good Standing Licensed: 93 Years

CONTACT

13575 Hilary Path, Hastings, MN 55033

Michael Joseph Ropella

General Practice

Status: In Good Standing

CONTACT

7300 147Th St West, Saint Paul, MN 55124

Amy Stephens York

General Practice

Status: In Good Standing

CONTACT

8617 W Point Douglas Rd S, Cottage Grove, MN 55016

Amy Stephens York

Oil & Gas, Employee Rights, Family Law, Credit & Debt

Status: In Good Standing

CONTACT

8617 W Point Douglas Rd S, Cottage Grove, MN 55016

Linda L Bogut

Child Custody, DUI-DWI, Civil & Human Rights, Credit & Debt

Status: In Good Standing Licensed: 39 Years

CONTACT

40 Carriage Lane, Burnsville, MN 55306

Arin Elizabeth Berkson

Bankruptcy, Credit & Debt

Status: Retired

CONTACT

610 Opperman Dr, Saint Paul, MN 55123

Tracy Jean Halliday

Wills & Probate, Construction Liens, Litigation, Credit & Debt

Status: In Good Standing Licensed: 19 Years

CONTACT

12550 West Frontage Road, Burnsville, MN 55337

Jerome Michael Porter

Transportation & Shipping, Traffic, Litigation, Credit & Debt

Status: In Good Standing

CONTACT

1260 Yankee Doodle Road, Saint Paul, MN 55121

Ronald Lundquist

Criminal, Credit & Debt, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 28 Years

FREE CONSULTATION

CONTACT

3470 Washington Drive, Eagan, MN 55122

800-923-0641

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LEGAL TERMS

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.

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.

TRADE DRESS

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape... (more...)

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape of Frangelico liqueur bottles. Trade dress can be protected under trademark law if a showing can be made that the average consumer would likely be confused as to product origin if another product were allowed to appear in similar dress.

GUARANTOR

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. T... (more...)

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. The guarantor gives a 'guaranty,' which is an assurance that the debt or other obligation will be fulfilled.

DISCHARGE (OF DEBTS)

A bankruptcy court's erasure of the debts of a person or business that has filed for bankruptcy.

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.

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.

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.

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.

SAMPLE LEGAL CASES

Baker v. Baker

... Id. Attorney Fees. In late 2003, the parties agreed that Dr. Baker would pay off approximately $43,500 of Ms. Baker's credit card debt. The debt included expenditures for the couple's home, groceries, and gifts for their children and grandchildren. ...

US FEDERAL CREDIT UNION v. STARS & STRIKES, LLC

... In 2005 and 2006, Stars & Strikes borrowed $8 million from US Federal Credit Union (USFCU). ... when USFCU foreclosed on its mortgages and bought all of the mortgaged property at a sheriff's foreclosure sale for $8,612,141.02, the amount of the business's outstanding debt. ...

ATLANTIC CREDIT & FINANCE v. DUSTRUDE

... On appeal, appellant contends that he is not required to pay the credit card debt because respondent violated the Truth In Lending Act (TILA), 15 USC Â§Â§ 1601-1667f (2000), by failing to follow a prescribed dispute-resolution procedure. ...

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Wanamingo Credit & Debt Lawyer, Minnesota

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

Dan A. Ribble

Dan Ribble

Michael Joseph Ropella

Amy Stephens York

Amy Stephens York

Linda L Bogut

Arin Elizabeth Berkson

Tracy Jean Halliday

Jerome Michael Porter

Ronald Lundquist

TIPS

LEGAL TERMS

PREFERENCE

BULK SALES LAW

TRADE DRESS

GUARANTOR

DISCHARGE (OF DEBTS)

PRESUMED ABUSE

WINDING UP

UNSECURED DEBT

DEBT COLLECTOR

SAMPLE LEGAL CASES

Baker v. Baker

US FEDERAL CREDIT UNION v. STARS & STRIKES, LLC

ATLANTIC CREDIT & FINANCE v. DUSTRUDE

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