Saint Louis County, MN Credit & Debt Lawyers

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Shelley Engel Torvinen Lawyer

Shelley Engel Torvinen

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Divorce & Family Law, Divorce, Child Custody, Paternity, Wills & Probate

Protecting You, Your Family, Your Future, and Your Legal Rights. In most cases, divorces involve a great deal of stress for everyone involved as well ... (more)

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CONTACT

218-590-1995

Richard P. Holmstrom

Constitutional Law, Civil Rights, Securities, Antitrust
Status:  In Good Standing           

Chris Stocke

Lawsuit, Criminal
Status:  In Good Standing           

Robert Michael Kaner

Car Accident, Animal Bite, Slip & Fall Accident, Workers' Compensation, Criminal
Status:  In Good Standing           Licensed:  52 Years

Mikkel A. Long

Traffic, DUI-DWI, Criminal
Status:  In Good Standing           Licensed:  27 Years

David C. Keegan

Litigation, Domestic Violence & Neglect, Juvenile Law, DUI-DWI, Criminal
Status:  In Good Standing           Licensed:  47 Years

Mary Irene Johnson

Divorce & Family Law, Child Custody, Family Law
Status:  In Good Standing           Licensed:  32 Years

Robert Carl Falsani

Accident & Injury, Workers' Compensation, Personal Injury, Workers' Compensation, Social Security -- Disability
Status:  In Good Standing           

Aaron Robert Bransky

Elder Law, Estate Planning, Trusts, Trusts
Status:  In Good Standing           Licensed:  35 Years

Richard R. Burns

Other, Estate, Employment, Business
Status:  In Good Standing           Licensed:  53 Years

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TIPS

Easily find Minnesota Credit & Debt Lawyers and Minnesota Credit & Debt Law Firms for your location. Narrow your Credit & Debt attorney search for Minnesota by major city or a specific Minnesota city using the city list. Or search for Minnesota Credit & Debt attorneys by county. For more attorneys, search all Bankruptcy & Debt areas including Bankruptcy, Collection, Reorganization and Workout attorneys.

LEGAL TERMS

COLLATERAL

Property that guarantees payment of a secured debt.

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.

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.

LIQUIDATING PARTNER

The member of an insolvent or dissolving partnership responsible for paying the debts and settling the accounts of the partnership.

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.

NUISANCE FEES

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fe... (more...)
Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fees, inactivity fees and fees for not carrying a balance from month to month. It's best to shop around and get rid of cards that have these fees attached.

DISCHARGE (OF DEBTS)

A bankruptcy court's erasure of the debts of a person or business that has filed for bankruptcy.

DEFINED CONTRIBUTION PLAN

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount ... (more...)
A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount every month, or every year, for each employee. The employer usually pays a fixed percentage of an employee's wages or salary, although sometimes the amount is a fraction of the company's profits, with the size of each employee's pension share depending on the amount of wage or salary. Upon retirement, each employee's pension is determined by how much was contributed to the fund on behalf of that employee over the years, plus whatever earnings that money has accumulated as part of the investments of the entire pension fund.

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 §§ 1601-1667f (2000), by failing to follow a prescribed dispute-resolution procedure. ...