Kabetogama Bankruptcy & Debt Lawyer, Minnesota, page 2

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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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Not enough matches for Kabetogama Bankruptcy & Debt lawyer.
Below are all Kabetogama lawyers.

Matthew Jon Faulkner

General Practice

Status: In Good Standing Licensed: 11 Years

CONTACT

315 19Th Streetreet East, International Falls, MN 56649

Peter N Hemstad

General Practice

Status: Retired Licensed: 60 Years

CONTACT

1982 County Road 138, International Falls, MN 56649

Joseph M Boyle

Child Custody, Criminal, Civil Rights, Bankruptcy

Status: In Good Standing Licensed: 51 Years

CONTACT

210 Shorewood Drive, International Falls, MN 56649

Sherril Ann Gautreaux

General Practice

Status: Suspended Licensed: 30 Years

CONTACT

3231 County Road 93, International Falls, MN 56649

Daniel Lee Griffith

Motor Vehicle, Estate, Child Custody, Divorce & Family Law

Status: In Good Standing Licensed: 31 Years

CONTACT

343 3Rd Street, International Falls, MN 56649

Molly Jo French

Criminal

Status: In Good Standing Licensed: 17 Years

CONTACT

715 4Th Street, International Falls, MN 56649

Charles H Leduc

Government, Criminal, Accident & Injury

Status: In Good Standing Licensed: 45 Years

CONTACT

2121 Town Road, International Falls, MN 56649

Jerome W Shermoen

General Practice

Status: Suspended Licensed: 56 Years

CONTACT

International Falls, MN 56649

Patricia A Reinhart

General Practice

Status: In Good Standing Licensed: 47 Years

CONTACT

2113 3Rd Ave E, International Falls, MN 56649

Tara Denise Long

General Practice

Status: In Good Standing Licensed: 21 Years

CONTACT

2942 Co Rd 2 North, International Falls, MN 56649

800-923-0641

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LEGAL TERMS

S CORPORATION

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status fro... (more...)

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status from the Internal Revenue Service. Electing to do business as an S corporation lets shareholders enjoy limited liability status, as would be true of any corporation, but be taxed like a partnership or sole proprietor. That is, instead of being taxed as a separate entity (as would be the case with a regular or C corporation) an S corporation is a pass-through tax entity: income taxes are reported and paid by the shareholders, not the S corporation. To qualify as an S corporation a number of IRS rules must be met, such as a limit of 75 shareholders and citizenship requirements.

C CORPORATION

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S c... (more...)

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S corporation, whose profits are passed through to shareholders and taxed on their personal returns under subchapter S of the Internal Revenue Code.

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.

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily fu... (more...)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily funded by voluntary donations from the creditors that receive payments from debtors repaying their debts through that office. Despite this criticism, most CCCS counselors provide clients with thorough and neutral advice.

DEFINED CONTRIBUTION PLAN

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount ... (more...)

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount every month, or every year, for each employee. The employer usually pays a fixed percentage of an employee's wages or salary, although sometimes the amount is a fraction of the company's profits, with the size of each employee's pension share depending on the amount of wage or salary. Upon retirement, each employee's pension is determined by how much was contributed to the fund on behalf of that employee over the years, plus whatever earnings that money has accumulated as part of the investments of the entire pension fund.

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working fo... (more...)

A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working for collection agencies. The law does not apply to creditors collecting their own debts. This law has greatly improved conditions for debtors, although more than a few debt collectors ignore the law. If a collection agency violates the law, debtors can contact the Federal Trade Commission for help.

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.

MEETING OF CREDITORS

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a f... (more...)

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a few questions. In a Chapter 7, the meeting of creditors lasts a few minutes and rarely do any creditors show up. In a Chapter 13 bankruptcy, one or two creditors may attend, especially if they disagree with some provision of your repayment plan.

REDEMPTION

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump s... (more...)

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump sum. For example, a debtor may redeem a car note by paying the lender the amount a retail vendor would charge for the car, considering its age and condition.

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Kabetogama Bankruptcy & Debt Lawyer, Minnesota, page 2

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

Matthew Jon Faulkner

Peter N Hemstad

Joseph M Boyle

Sherril Ann Gautreaux

Daniel Lee Griffith

Molly Jo French

Charles H Leduc

Jerome W Shermoen

Patricia A Reinhart

Tara Denise Long

TIPS

LEGAL TERMS

S CORPORATION

C CORPORATION

CHAPTER 13 PLAN

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

DEFINED CONTRIBUTION PLAN

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

PRESUMED ABUSE

MEETING OF CREDITORS

REDEMPTION

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