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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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Aaron A. Dean

Foreclosure, Construction, Litigation, Workout

Status: In Good Standing Licensed: 20 Years

CONTACT

225 S 6th St, Minneapolis, MN 55402

John Patrick Pavelko

Mass Torts, White Collar Crime, Corporate, Workout

Status: In Good Standing Licensed: 8 Years

CONTACT

200 Sixth Street South, Minneapolis, MN 55402

Daniel George Billingham Jensen

Construction, Litigation, Employee Rights, Workout

Status: In Good Standing Licensed: 8 Years

CONTACT

7760 France Avenue South, Minneapolis, MN 55435

Xuehua Lu

White Collar Crime, Corporate Governance, Corporate, Workout

Status: In Good Standing Licensed: 8 Years

CONTACT

200 S. 6Th Street, Minneapolis, MN 55454

Noah Mackenzie Huisman

White Collar Crime, Merger & Acquisition, Corporate, Workout

Status: In Good Standing Licensed: 7 Years

CONTACT

200 S. 6Th Street, Minneapolis, MN 55402

Ralph L. Moore

Commercial Real Estate, Foreclosure, Workout, Commercial Bankruptcy

Status: In Good Standing

CONTACT

2700 S Broadway St, New Ulm, MN 56073

Kyle Mitchell Johnson

Commercial Real Estate, Lending, Workout

Status: In Good Standing Licensed: 13 Years

CONTACT

600 Inwood Ave N, Saint Paul, MN 55125

Truman Wallace Schabilion

Credit & Debt, Litigation, Collection, Workout, Children's Rights

Status: In Good Standing

CONTACT

332 Minnesota Street, Saint Paul, MN 55101

Kaleb Ebba Edossa Rumicho

White Collar Crime, Corporate Governance, Corporate, Workout

Status: In Good Standing Licensed: 7 Years

CONTACT

75 Rev. Dr. Martin Luther King Jr. Blvd, Saint Paul, MN 55155

800-923-0641

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LEGAL TERMS

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.

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.

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.

UNDUE HARDSHIP

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in t... (more...)

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in the future to pay off the loan may be able to show that repayment would be an undue hardship.

LIEN

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortg... (more...)

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortgages, home equity loans, car loans and personal loans for which you pledge property to guarantee repayment. Liens created without your consent are called nonconsensual liens, and include judgment liens (liens filed by a creditor who has sued you and obtained a judgment), tax liens and mechanics liens (liens filed by a contractor who worked on your house but wasn't paid).

CREDIT FILE

See credit report.

FDCPA

See Fair Debt Collections & Practices Act.

NONDISCHARGEABLE DEBTS

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chap... (more...)

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chapter 13 bankruptcy, the nondischargeable debts will have to be paid in full during your plan or you will have a balance at the end of your case. Examples of nondischargeable debts include alimony and child support, most income tax debts, many student loans and debts for personal injury or death caused by drunk driving. Compare dischargeable debts.

DEBIT CARD

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can ... (more...)

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can also be used at stores to pay for goods and services in place of a check. Unlike a credit card, a debit card automatically withdraws money from your checking account at the time of the transaction. Debit cards are regulated by the Electronic Funds Transfer Act.

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Minneapolis Workout Lawyer, Minnesota

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

Aaron A. Dean

John Patrick Pavelko

Daniel George Billingham Jensen

Xuehua Lu

Noah Mackenzie Huisman

Ralph L. Moore

Kyle Mitchell Johnson

Truman Wallace Schabilion

Kaleb Ebba Edossa Rumicho

TIPS

LEGAL TERMS

401(K) PLAN

GARNISHMENT

S CORPORATION

UNDUE HARDSHIP

LIEN

CREDIT FILE

FDCPA

NONDISCHARGEABLE DEBTS

DEBIT CARD

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