Rothsay Reorganization Lawyer, Minnesota

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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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Jessica M. Hibl

Real Estate, Divorce & Family Law, Criminal, Business

Status: In Good Standing Licensed: 13 Years

CONTACT

31 Tenth Ave SW, Pelican Rapids, MN 56572

Charles A Krekelberg

Landlord-Tenant, Defect and Lemon Law, Social Security, Labor Law

Status: Retired Licensed: 47 Years

CONTACT

10 North Broadway, Pelican Rapids, MN 56572

Tracey Rae Lindberg

Real Estate, Divorce & Family Law, Business, Accident & Injury

Status: In Good Standing Licensed: 36 Years

CONTACT

10 N. Broadway, Pelican Rapids, MN 56572

John Innes Allen

General Practice

Status: In Good Standing Licensed: 36 Years

CONTACT

407 Ninth St SE, Barnesville, MN 56514

Daniel Scott Palter

General Practice

Status: In Good Standing Licensed: 52 Years

CONTACT

Pelican Rapids, MN 56572

Kyle Lynn Carlson

General Practice

Status: In Good Standing Licensed: 26 Years

CONTACT

Barnesville, MN 56514

Michael James Gieseke

Real Estate, Divorce, DUI-DWI, Bankruptcy & Debt

Status: In Good Standing Licensed: 13 Years

CONTACT

55 2Nd Avenue S.W., Barnesville, MN 56514

William James Violet

General Practice

Status: In Good Standing Licensed: 26 Years

CONTACT

27708 88Th Avenue South, Hawley, MN 56549

Elizabeth Marie Hernandez

General Practice

Status: In Good Standing Licensed: 20 Years

CONTACT

23716 Stony Bar Circle, Pelican Rapids, MN 56572

Elizabeth Marie Hernandez

General Practice

Status: In Good Standing Licensed: 20 Years

CONTACT

23716 Stony Bar Circle, Pelican Rapids, MN 56572

800-923-0641

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LEGAL TERMS

DISCHARGEABLE DEBTS

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bill... (more...)

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bills and medical bills. Compare nondischargeable 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.

GRACE PERIOD

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you h... (more...)

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you have to pay interest on the amount of your purchases. Cash advances, however, usually have no grace period; interest begins to accumulate from the date of the withdrawal, even if you pay your bills on time. Also, some student loans give you a grace period after graduating or dropping out of school. During this time, you are not required to make payments on your loan.

TRADE DRESS

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape... (more...)

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape of Frangelico liqueur bottles. Trade dress can be protected under trademark law if a showing can be made that the average consumer would likely be confused as to product origin if another product were allowed to appear in similar dress.

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.

SECURED DEBT

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collater... (more...)

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collateral, to satisfy the debt if you default. Compare unsecured debt.

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).

FAIR CREDIT REPORTING ACT (FCRA)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to a... (more...)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to adopt reasonable procedures for gathering, maintaining and disseminating information and bars credit bureaus from reporting negative information that is older than seven years, except a bankruptcy, which may be reported for ten. If you notify a credit bureau of an error in your credit report, the FCRA requires the bureau to investigate your allegations within 30 days, review all information you provide, remove inaccurate and unverified information and adopt procedures to keep the information from reappearing. In addition, the law requires that creditors refrain from reporting incorrect information to credit bureaus.

ACCORD AND SATISFACTION

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collectin... (more...)

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collecting as much money as they can from debtors who cannot pay the full amount.

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Rothsay Reorganization Lawyer, Minnesota

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

Jessica M. Hibl

Charles A Krekelberg

Tracey Rae Lindberg

John Innes Allen

Daniel Scott Palter

Kyle Lynn Carlson

Michael James Gieseke

William James Violet

Elizabeth Marie Hernandez

Elizabeth Marie Hernandez

TIPS

LEGAL TERMS

DISCHARGEABLE DEBTS

DEBIT CARD

GRACE PERIOD

TRADE DRESS

SOLE PROPRIETORSHIP

SECURED DEBT

LIEN

FAIR CREDIT REPORTING ACT (FCRA)

ACCORD AND SATISFACTION

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