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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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Christopher A. Jensen

Lawsuit & Dispute, Business, Real Estate Other, Credit & Debt, Construction

Licensed: 14 Years

FREE CONSULTATION

CONTACT

1221 Fourth Ave. East, Shakopee, MN 55379

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

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

Michael Joseph Ropella

General Practice

Status: In Good Standing

CONTACT

7300 147Th St West, Saint Paul, MN 55124

Phaedra Jean Howard

Commercial Real Estate, Real Estate, Litigation, Trade Associations, Credit & Debt

Status: In Good Standing Licensed: 25 Years

CONTACT

8050 W 78Th St, Minneapolis, MN 55439

Joel Alan Hilgendorf

Commercial Real Estate, Divorce, Misdemeanor, Credit & Debt

Status: In Good Standing Licensed: 23 Years

CONTACT

8050 W 78Th St, Minneapolis, MN 55439

J. D. Haas

Civil Rights, Credit & Debt, Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 27 Years

CONTACT

1120 E 80Th St, Minneapolis, MN 55420

Morgan William Kavanaugh

Construction, Discrimination, Insurance, Credit & Debt

Status: In Good Standing Licensed: 14 Years

CONTACT

7300 Metro Blvd, Minneapolis, MN 55439

Kathleen Marie Tiaden

Credit & Debt, Social Security, Family Law, International Other

Status: In Good Standing Licensed: 17 Years

CONTACT

9632 Elliot Ave S, Minneapolis, MN 55420

Dale Scott Erickson

Credit & Debt, Health Care Other, Business & Trade, Litigation

Status: In Good Standing Licensed: 26 Years

CONTACT

7650 Edinborough Way, Minneapolis, MN 55435

800-923-0641

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LEGAL TERMS

DOING BUSINESS AS (DBA)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or ... (more...)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or similar document with the appropriate agency -- for example, the county clerk. This enables consumers to discover the names of the business owners, which is important if a consumer needs to sue the business.

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.

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.

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.

BANKRUPTCY

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are ... (more...)

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are two types of bankruptcies -- liquidation, in which your debts are wiped out (discharged) and reorganization, in which you provide the court with a plan for how you intend to repay your debts. For both consumers and business, liquidation bankruptcy is called Chapter 7. For consumers, reorganization bankruptcy is called Chapter 13. Reorganization bankruptcy for consumers with an extraordinary amount of debt and for businesses is called Chapter 11. Reorganization bankruptcy for family farmers is called Chapter 12.

CHAPTER 13 PLAN

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to ... (more...)

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to pay all mandatory debts -- for example, back child support, taxes, and mortgage arrearages -- as well as some or all unsecured, nonpriority debts, such as medical and credit card bills.

FCBA

See Fair Credit Billing Act.

SECRET WARRANTY PROGRAM

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid... (more...)

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid a recall and the accompanying bad press. Secret warranties are rarely advertised by the manufacturer, so consumers must pursue the manufacturer to discover and take advantage of them. A few states require manufacturers to notify car buyers when they adopt secret warranty programs.

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.

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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Cleveland Credit & Debt Lawyer, Minnesota

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

Christopher A. Jensen

Linda L Bogut

Tracy Jean Halliday

Michael Joseph Ropella

Phaedra Jean Howard

Joel Alan Hilgendorf

J. D. Haas

Morgan William Kavanaugh

Kathleen Marie Tiaden

Dale Scott Erickson

TIPS

LEGAL TERMS

DOING BUSINESS AS (DBA)

LIMITED PARTNERSHIP

GUARANTOR

BULK SALES LAW

BANKRUPTCY

CHAPTER 13 PLAN

FCBA

SECRET WARRANTY PROGRAM

UNSECURED DEBT

SAMPLE LEGAL CASES

Baker v. Baker

US FEDERAL CREDIT UNION v. STARS & STRIKES, LLC

ATLANTIC CREDIT & FINANCE v. DUSTRUDE

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