Polk County, MN Credit & Debt Lawyers, page 5

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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 Polk Credit & Debt lawyer.
Below are all Polk lawyers.

Kip O'Dean Fontaine

General Practice

Status: In Good Standing Licensed: 39 Years

CONTACT

17178 Ulland Drive S.E., Mentor, MN 56736

Lee E Wall

General Practice

Status: Suspended Licensed: 58 Years

CONTACT

1406 Stephens Drive, Crookston, MN 56716

Jerome J Mack

General Practice

Status: Suspended Licensed: 67 Years

CONTACT

911 Central Avenue N.W., East Grand Forks, MN 56721

Joan Rustad Dufault

General Practice

Status: Suspended Licensed: 37 Years

CONTACT

Fosston, MN 56542

Reathel Claire Giannonatti

General Practice

Status: Suspended Licensed: 34 Years

CONTACT

14385 360Th Street S.E., Mentor, MN 56736

David John Haberman

General Practice

Status: Suspended Licensed: 33 Years

CONTACT

East Grand Forks, MN 56721

Lynn Marie Brott

General Practice

Status: In Good Standing Licensed: 21 Years

CONTACT

10 Riverview Lane S.E., East Grand Forks, MN 56721

Eric Lee Gudmundson

General Practice

Status: In Good Standing Licensed: 28 Years

CONTACT

26300 Destiny Drive, Crookston, MN 56716

Timothy Wayne Mccann

General Practice

Status: Deceased Licensed: 28 Years

CONTACT

610 2Nd Ave Ne, East Grand Forks, MN 56721

Charles W Reynolds

General Practice

Status: In Good Standing Licensed: 46 Years

CONTACT

First National Bank Building, Crookston, MN 56716

800-923-0641

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LEGAL TERMS

HOUSEHOLDER

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a ho... (more...)

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a homestead exemption and possibly other exemptions relating to the maintenance of the household.

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.

CREDITOR

A person or entity (such as a bank) to whom a debt is owed.

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.

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.

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.

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.

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).

ADMINISTRATIVE EXPENSES

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Admi... (more...)

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Administrative costs are typically 10% of the debtor's total payments under the plan.

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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Polk County, MN Credit & Debt Lawyers, page 5

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

Kip O'Dean Fontaine

Lee E Wall

Jerome J Mack

Joan Rustad Dufault

Reathel Claire Giannonatti

David John Haberman

Lynn Marie Brott

Eric Lee Gudmundson

Timothy Wayne Mccann

Charles W Reynolds

TIPS

LEGAL TERMS

HOUSEHOLDER

C CORPORATION

CREDITOR

LIMITED PARTNERSHIP

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

LIABILITY

IRS EXPENSES

LIEN

ADMINISTRATIVE EXPENSES

SAMPLE LEGAL CASES

Baker v. Baker

US FEDERAL CREDIT UNION v. STARS & STRIKES, LLC

ATLANTIC CREDIT & FINANCE v. DUSTRUDE

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