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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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John R. Stoebner

Bankruptcy, Real Estate, Landlord-Tenant, Commercial Real Estate

Status: In Good Standing Licensed: 39 Years

CONTACT

120 So Sixth St, Minneapolis, MN 55402

William Z. Pentelovitch

Class Action, Age Discrimination, Antitrust, Bankruptcy Litigation

Status: In Good Standing Licensed: 47 Years

CONTACT

90 South Seventh Street, Minneapolis, MN 55402

Amy J. Swedberg

Commercial Banks, Banking & Finance, Commercial Bankruptcy, Bankruptcy

Status: In Good Standing Licensed: 25 Years

CONTACT

3300 Wells Fargo Center, Minneapolis, MN 55402

Brian J. Klein

Banking & Finance, Bankruptcy, Corporate, Casinos

Status: In Good Standing Licensed: 33 Years

CONTACT

3300 Wells Fargo Center, Minneapolis, MN 55402

Terri Ann Running

Corporate, Banking & Finance, Bankruptcy Litigation, Bankruptcy

Status: In Good Standing Licensed: 28 Years

CONTACT

100 South Fifth Street, Minneapolis, MN 55402

Ralph V. Mitchell

Real Estate, Corporate, Business Organization, Bankruptcy

Status: In Good Standing Licensed: 34 Years

CONTACT

120 S 6Th St, Minneapolis, MN 55402

Julia A. Christians

Other, Reorganization, Bankruptcy

Status: In Good Standing Licensed: 37 Years

CONTACT

120 S 6Th Street, Minneapolis, MN 55402

Rosanne H. Wirth

Trusts, Corporate, Credit & Debt, Bankruptcy

Status: In Good Standing Licensed: 39 Years

CONTACT

120 South 6Th Street, Minneapolis, MN 55402

Michael T. Etmund

Litigation, Corporate, Contract, Collection

Status: In Good Standing Licensed: 17 Years

CONTACT

150 S Fifth St, Minneapolis, MN 55402

Michael R. Nixt

Business Organization, Banking & Finance, Corporate, Bankruptcy

Status: In Good Standing Licensed: 28 Years

CONTACT

150 South Fifth Street, Minneapolis, MN 55402

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LEGAL TERMS

CREDIT REPORT

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you m... (more...)

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you make the payments on time, as well as personal history, such as your former addresses, employment record and lawsuits in which you have been involved. An estimated 50% of all credit reports contain errors, such as accounts that don't belong to you, an incorrect account status or information reported that is older than seven years (ten years in the case of a bankruptcy).

FCRA

See Fair Credit Reporting Act.

FRATERNAL BENEFIT SOCIETY BENEFITS

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal socie... (more...)

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal societies that provide benefits. Also called benefit society, benevolent society or mutual aid association benefits. Under bankruptcy laws, these benefits are virtually always considered exempt property.

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.

GARNISHMENT

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if ... (more...)

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if she loses a lawsuit filed by the creditor. Up to 25% of a person's wages can be deducted.

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.

CURRENT MONTHLY INCOME

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding... (more...)

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding the bankruptcy filing. The debtor's current monthly income is used to determine whether the debtor can file for Chapter 7 bankruptcy, among other things.

401(K) PLAN

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income ... (more...)

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income taxes on the amount invested and any earnings are due until the employee withdraws money from the fund.

PRIORITY DEBT

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13... (more...)

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13 bankruptcy. Priority debts include alimony and child support, fees owed to the trustee and the attorney in the bankruptcy case, and wages owed to employees.

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Minneapolis Bankruptcy & Debt Lawyer, Minnesota, page 4

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

John R. Stoebner

William Z. Pentelovitch

Amy J. Swedberg

Brian J. Klein

Terri Ann Running

Ralph V. Mitchell

Julia A. Christians

Rosanne H. Wirth

Michael T. Etmund

Michael R. Nixt

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LEGAL TERMS

CREDIT REPORT

FCRA

FRATERNAL BENEFIT SOCIETY BENEFITS

C CORPORATION

GARNISHMENT

MEETING OF CREDITORS

CURRENT MONTHLY INCOME

401(K) PLAN

PRIORITY DEBT

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