Duluth Workout Lawyer, Minnesota

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Yvonne Michaud Novak

Estate, Consumer Bankruptcy, Limited Liability Companies, Trusts
Status:  In Good Standing           Licensed:  21 Years

Paul Voge

Land Use & Zoning, Litigation, Wills & Probate, Consumer Bankruptcy
Status:  In Good Standing           Licensed:  19 Years

Peter Cosmas Greenlee

Tax, Child Custody, Business Organization, Bankruptcy, Bankruptcy & Debt
Status:  In Good Standing           

Jennifer Lee Fry

Estate, Business, Bankruptcy & Debt
Status:  In Good Standing           Licensed:  11 Years

Jason David Hegg

Divorce & Family Law, Criminal, Business, Bankruptcy & Debt
Status:  In Good Standing           Licensed:  14 Years

Jason David Hegg

Divorce & Family Law, Criminal, Business, Bankruptcy & Debt
Status:  In Good Standing           Licensed:  14 Years

Peter J. Raukar

Lawsuit & Dispute, Employment, Bankruptcy & Debt, Slip & Fall Accident, Car Accident
Status:  In Good Standing           Licensed:  20 Years

Jennifer Lee Fry

Estate, Business, Bankruptcy & Debt
Status:  In Good Standing           Licensed:  11 Years

Jason David Hegg

Divorce & Family Law, Criminal, Business, Bankruptcy & Debt
Status:  In Good Standing           

David Allen Stromgren

Real Estate, Estate, Divorce & Family Law, Bankruptcy & Debt
Status:  In Good Standing           Licensed:  48 Years

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Free Help: Use This Form or Call 800-943-8690

Member Representative

Call me for fastest results!
800-943-8690

Free Help: Use This Form or Call 800-943-8690

By submitting this lawyer request, I confirm I have read and agree to the Consent to Receive Messages from all messaging and voice technologies including Email, Text, Phone, Terms of Use, and Privacy Policy. Information provided is not privileged or confidential.

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Easily find Duluth Workout Lawyers and Duluth Workout Law Firms. For more attorneys, search all Bankruptcy & Debt areas including Bankruptcy, Collection, Credit & Debt and Reorganization attorneys.

LEGAL TERMS

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.

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.

SETOFF

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a countercl... (more...)
A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a counterclaim filed by a defendant in a lawsuit. Banks may try to exercise a setoff by taking money out of a deposit account to satisfy past due payments on a loan or credit card bill. Such an act is illegal under most circumstances.

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.

CHAPTER 7 BANKRUPTCY

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 b... (more...)
The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 bankruptcy takes from three to six months, costs about $200, and commonly requires only one trip to the courthouse.

DISCHARGE (OF DEBTS)

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

DISCHARGEABLE DEBTS

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bill... (more...)
Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bills and medical bills. Compare nondischargeable debts.

CREDIT FILE

See credit report.

LIQUIDATING PARTNER

The member of an insolvent or dissolving partnership responsible for paying the debts and settling the accounts of the partnership.