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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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Lance R Heisler

✓ VERIFIED

Bankruptcy & Debt, Misdemeanor

Lance R Heisler is a practicing lawyer in the state of Minnesota handling bankruptcy matters.

CONTACT

507-663-1211

105 East 5Th Street, Northfield, MN 55057

Molly Patrice Davy

Divorce & Family Law, Consumer Bankruptcy

Status: In Good Standing Licensed: 7 Years

CONTACT

14985 Glazier Avenue, Apple Valley, MN 55124

Lauri Ann Schmid

Wills & Probate, Corporate, Bankruptcy

Status: In Good Standing Licensed: 27 Years

CONTACT

14985 Glazier Avenue, Apple Valley, MN 55124

Kimberly A Attema

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: Inactive Licensed: 54 Years

CONTACT

3105 W 135Th St, Burnsville, MN 55337

Linda L Bogut

Child Custody, DUI-DWI, Civil & Human Rights, Credit & Debt

Status: In Good Standing Licensed: 39 Years

CONTACT

40 Carriage Lane, Burnsville, MN 55306

Susan Marie Brewin

Divorce & Family Law, Criminal, Bankruptcy & Debt

Status: In Good Standing Licensed: 32 Years

CONTACT

1500 Mcandrews Rd W, Burnsville, MN 55337

Bethany C Kreisler

Wills & Probate, Contract, Land Use & Zoning, Bankruptcy

Status: In Good Standing Licensed: 15 Years

CONTACT

215 Fourth St N, Cannon Falls, MN 55009

Douglas Raymond Miller

Commercial Real Estate, Construction, Criminal, Consumer Bankruptcy

Status: Suspended Licensed: 36 Years

CONTACT

25525 Orchard Cir, Crystal Bay, MN 55331

Terry Allen Watkins

Bankruptcy, Divorce & Family Law

Status: In Good Standing Licensed: 17 Years

CONTACT

18166 Faribault Blvd, Faribault, MN 55021

Jessica Ann Hafemeyer

Defense Contracts, Wills & Probate, Family Law, Bankruptcy

Status: In Good Standing Licensed: 20 Years

CONTACT

415 Second Ave Nw, Faribault, MN 55021

800-923-0641

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LEGAL TERMS

TRADE NAME

The official name of a business, the one it uses on its letterhead and bank account when not dealing with consumers.

IRS EXPENSES

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income mu... (more...)

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income must use the IRS expenses to calculate their average net income in a Chapter 7 case, or their disposable income in a Chapter 13 case.

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.

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.

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.

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemp... (more...)

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemptible because it has been damaged or destroyed.

FDCPA

See Fair Debt Collections & Practices Act.

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.

BANKRUPTCY

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are ... (more...)

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are two types of bankruptcies -- liquidation, in which your debts are wiped out (discharged) and reorganization, in which you provide the court with a plan for how you intend to repay your debts. For both consumers and business, liquidation bankruptcy is called Chapter 7. For consumers, reorganization bankruptcy is called Chapter 13. Reorganization bankruptcy for consumers with an extraordinary amount of debt and for businesses is called Chapter 11. Reorganization bankruptcy for family farmers is called Chapter 12.

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Northfield Bankruptcy & Debt Lawyer, Minnesota

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

Lance R Heisler

Molly Patrice Davy

Lauri Ann Schmid

Kimberly A Attema

Linda L Bogut

Susan Marie Brewin

Bethany C Kreisler

Douglas Raymond Miller

Terry Allen Watkins

Jessica Ann Hafemeyer

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LEGAL TERMS

TRADE NAME

IRS EXPENSES

LIMITED PARTNERSHIP

CHAPTER 7 BANKRUPTCY

SOLE PROPRIETORSHIP

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

FDCPA

REDEMPTION

BANKRUPTCY

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