Rice 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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Not enough matches for Rice Credit & Debt lawyer.
Below are all Rice lawyers.

Jonathan Kim Reppe

✓ VERIFIED

Criminal, DUI-DWI, Divorce & Family Law, Real Estate, Business

Relax As We Lift Your Legal Worries Off Your Shoulders.

Mr. Reppe developed a passion for helping individuals with their legal problems while working as a public defender early in his career. He moved on to... (more)

CONTACT

800-709-9681

107 6th Street, Northfield, MN 55057

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

Adam Jeffrey Dowd

Lawsuit & Dispute, Wrongful Termination, Civil & Human Rights, Accident & Injury

Status: In Good Standing

CONTACT

Northfield, MN 55057

Alison Mckinley Flannery

General Practice

Status: Inactive Licensed: 17 Years

CONTACT

1504 Cannon Valley Drive, Northfield, MN 55057

Amy Marie Gernon

General Practice

Status: In Good Standing Licensed: 24 Years

CONTACT

201 Winona Street, Northfield, MN 55057

Anne Marie Archambault

General Practice

Status: In Good Standing Licensed: 15 Years

CONTACT

1506 30Th Street N.W., Faribault, MN 55021

Barbara Keough Lundergan

General Practice

Status: Deceased Licensed: 60 Years

CONTACT

311 Water St, Northfield, MN 55057

Brian Matthew Mortenson

General Practice

Status: In Good Standing Licensed: 14 Years

CONTACT

218 3Rd St Nw, Faribault, MN 55021

Brian Scott Ahrens

General Practice

Status: Suspended Licensed: 21 Years

CONTACT

1017 Saint Olaf Avenue, Northfield, MN 55057

Brittney Orin Ackerman

Civil Rights, Family Law, Estate Planning, Construction, Welfare

Status: In Good Standing

CONTACT

311 S Water St S, Northfield, MN 55057

800-923-0641

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LEGAL TERMS

PRESUMED ABUSE

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means te... (more...)

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means test, the court will presume that the debtor has sufficient income to fund a Chapter 13 plan. In this situation, the debtor will not be allowed to proceed with a Chapter 7 bankruptcy unless the debtor can prove that he or she is not abusing the Chapter 7 bankruptcy remedy.

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.

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.

REAFFIRMATION

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing deb... (more...)

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing debt after the bankruptcy case is over. For instance, a debtor might make a reaffirmation agreement with the holder of a car note that the debtor can keep the car and must continue to pay the debt after bankruptcy.

COSIGNER

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for t... (more...)

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for the loan or debt. Many people use cosigners to qualify for a loan or credit card. Landlords may require a cosigner when renting to a student or someone with a poor credit history.

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.

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working fo... (more...)

A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working for collection agencies. The law does not apply to creditors collecting their own debts. This law has greatly improved conditions for debtors, although more than a few debt collectors ignore the law. If a collection agency violates the law, debtors can contact the Federal Trade Commission for help.

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.

CHAPTER 13 BANKRUPTCY

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your inc... (more...)

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your income to pay all or a portion of the debts over three to five years. The minimum amount you must pay is roughly equal to the value of your nonexempt property. In addition, you must pledge your disposable net income -- after subtracting reasonable expenses -- for the period during which you are making payments. At the end of the three-to five-year period, the balance of what you owe on most debts is erased.

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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Rice County, MN Credit & Debt Lawyers

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

Jonathan Kim Reppe

Lance R Heisler

Adam Jeffrey Dowd

Alison Mckinley Flannery

Amy Marie Gernon

Anne Marie Archambault

Barbara Keough Lundergan

Brian Matthew Mortenson

Brian Scott Ahrens

Brittney Orin Ackerman

TIPS

LEGAL TERMS

PRESUMED ABUSE

SOLE PROPRIETORSHIP

S CORPORATION

REAFFIRMATION

COSIGNER

HOUSEHOLDER

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

REDEMPTION

CHAPTER 13 BANKRUPTCY

SAMPLE LEGAL CASES

Baker v. Baker

US FEDERAL CREDIT UNION v. STARS & STRIKES, LLC

ATLANTIC CREDIT & FINANCE v. DUSTRUDE

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