Koochiching County, MN Credit & Debt Lawyers

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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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2. Email
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Not enough matches for Koochiching Credit & Debt lawyer.
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Molly J. French

Government, Employment, Family Law, Divorce & Family Law

Status: In Good Standing

CONTACT

345 6th Avenue, International Falls, MN 56649

Jerrod A. Shermoen

Family Law, Education, Personal Injury, Criminal, Employment

Status: In Good Standing Licensed: 27 Years

CONTACT

345 6Th Avenue, International Falls, MN 56649

Michael A. Jaksa

Workers' Compensation, Personal Injury, Mesothelioma

Status: In Good Standing Licensed: 42 Years

CONTACT

345 6Th Avenue, International Falls, MN 56649

Megan Dyan Bond

State and Local, Natural Resources, Environmental Law, Divorce & Family Law

Status: In Good Standing Licensed: 10 Years

CONTACT

International Falls, MN 56649

Jerrod Anthony Shermoen

Family Law, Education, Personal Injury, Criminal, Employment

Status: In Good Standing

CONTACT

345 6Th Avenue, International Falls, MN 56649

Ronald P Bowman

General Practice

Status: In Good Standing Licensed: 43 Years

CONTACT

3541 County Road 130, International Falls, MN 56649

Steven A Nelson

Family Law, Criminal, Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 52 Years

CONTACT

210 Fourth Avenue, 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

Roberta B. Diller

General Practice

Status: Retired Licensed: 30 Years

CONTACT

3534 Hwy 53, International Falls, MN 56649

Kimberly Anne Wimmer

General Practice

Status: In Good Standing Licensed: 22 Years

CONTACT

Littlefork, MN 56653

800-923-0641

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LEGAL TERMS

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.

LIABILITY

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pi... (more...)

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pipe bursts the day after Paul installs it, ruining the bathroom floor. This raises the issue of liability: Who is responsible for the damage? Peri claims that Paul is responsible, and sues him for the cost of hiring another plumber to fix the pipe and replacing the floor. Paul, in turn, claims that the pipe manufacturer is responsible, because they supplied him with faulty materials. Both Peri and Paul must prove their claims in court; if Paul and/or the manufacturer is found liable, one or both will have to pay damages to Peri. (2) Something for which a person is liable. For example, a debt is often called a liability.

GUARANTEED RESERVATION

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehic... (more...)

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehicle for you no matter when you show up. If you have a guaranteed reservation with a hotel, it must provide you with a room, either at that hotel or at another comparable establishment. If you have a guaranteed reservation with a car agency, it must provide you with a vehicle. The downside of a guaranteed reservation is that if you don't show up and haven't cancelled your reservation, you will be billed for one night in the room or one day's use of the vehicle.

COLLECTION AGENCY

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the d... (more...)

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the debt themselves, typically through letters (called 'dunning' letters) and telephone calls. Collection agencies are regulated by the federal Fair Debt Collection Practices Act. Unfortunately, too many collectors ignore this law.

FDCPA

See Fair Debt Collections & Practices Act.

FRAUDULENT TRANSFER

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee --... (more...)

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee -- for instance, when a debtor signs a car over to a relative to keep it out of the bankruptcy estate. Fraudulently transferred property can be recovered and sold by the trustee for the benefit of the creditors.

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.

SOLE PROPRIETORSHIP

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, m... (more...)

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, meaning that business profits are reported and taxed on the owner's personal tax return. Setting up a sole proprietorship is cheap and easy since no legal formation documents need be filed with any governmental agency (although tax registration and other permit and license requirements may still apply). Once you file a fictitious name statement (assuming you don't use your own name) and obtain any required basic tax permits and business licenses, you'll be in business. The main downside of a sole proprietorship is that its owner is personally liable for all business debts.

DISCHARGE (OF DEBTS)

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

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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Koochiching County, MN Credit & Debt Lawyers

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

Molly J. French

Jerrod A. Shermoen

Michael A. Jaksa

Megan Dyan Bond

Jerrod Anthony Shermoen

Ronald P Bowman

Steven A Nelson

Joseph M Boyle

Roberta B. Diller

Kimberly Anne Wimmer

TIPS

LEGAL TERMS

LIMITED PARTNERSHIP

LIABILITY

GUARANTEED RESERVATION

COLLECTION AGENCY

FDCPA

FRAUDULENT TRANSFER

MEETING OF CREDITORS

SOLE PROPRIETORSHIP

DISCHARGE (OF DEBTS)

SAMPLE LEGAL CASES

Baker v. Baker

US FEDERAL CREDIT UNION v. STARS & STRIKES, LLC

ATLANTIC CREDIT & FINANCE v. DUSTRUDE

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