Saint Stephen Bankruptcy & Debt 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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Alex Ron Schoephoerster

Estate Planning, Environmental Law Other, Securities, Bankruptcy

Status: In Good Standing Licensed: 9 Years

CONTACT

3800 8Th Street N., Saint Cloud, MN 56303

Andrew Joseph Steil

Real Estate, Litigation, Bankruptcy & Debt

Status: In Good Standing Licensed: 18 Years

CONTACT

1010 W St Germain St, Kimball, MN 56301

Andrew Joseph Steil

Commercial Real Estate, Litigation, Lending, Banking & Finance, Bankruptcy Litigation

Status: In Good Standing Licensed: 18 Years

CONTACT

1010 W St Germain St, Kimball, MN 56301

Andrew Robert Pearson

Identity Theft, Civil Rights, Collection, Car Accident

Status: In Good Standing

CONTACT

1505 Division Street, Waite Park, MN 56387

Brian John Schoenborn

Estate Planning, Environmental Law Other, Securities, Bankruptcy

Status: In Good Standing Licensed: 29 Years

CONTACT

3800 8Th Street N., Saint Cloud, MN 56303

Caleb Clarence Rannow

Divorce & Family Law, Business, Bankruptcy & Debt, Accident & Injury

Status: In Good Standing Licensed: 8 Years

CONTACT

1015 W. Saint Germain Street, Saint Cloud, MN 56301

Jacob Palmer Petersen

General Practice

Status: In Good Standing Licensed: 3 Years

CONTACT

1015 W St Germain Street, Kimball, MN 56301

Jeffrey Albert Peterson

Commercial Real Estate, Agriculture, Banking & Finance, Bankruptcy & Debt

Status: In Good Standing Licensed: 23 Years

CONTACT

1010 W St Germain Ave, Kimball, MN 56301

John Allan Abress

Construction, Litigation, Trademark, Bankruptcy

Status: In Good Standing

CONTACT

1011 Second Street North, Saint Cloud, MN 56302

John T Lund

Welfare, Construction, Family Law, Criminal, Consumer Bankruptcy

Status: In Good Standing Licensed: 43 Years

CONTACT

41 Riverside Drive N.E., Saint Cloud, MN 56304

800-923-0641

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LEGAL TERMS

INTEREST

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to ... (more...)

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to your balance. This means that if your loan or credit line has an interest rate of 8%, the holder adds 8% to the balance each year. More specifically, interest is calculated and added to your loan or credit line through a process called compounding. If interest is compounded daily, the balance will rise by 1/365th of 8% each day. If interest is compounded monthly, the balance will rise 1/12th of 8% at the start of each month.

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.

INFRINGEMENT (OF TRADEMARK)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringeme... (more...)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringement turns on whether the defendant's use causes a likelihood of confusion in the average consumer. If a court determines that the average consumer would be confused, the owner of the original mark can prevent the other's use of the infringing mark and sometimes collect damages.

401(K) PLAN

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income ... (more...)

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income taxes on the amount invested and any earnings are due until the employee withdraws money from the fund.

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.

GARNISHMENT

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if ... (more...)

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if she loses a lawsuit filed by the creditor. Up to 25% of a person's wages can be deducted.

COLLECTION AGENCY

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the d... (more...)

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the debt themselves, typically through letters (called 'dunning' letters) and telephone calls. Collection agencies are regulated by the federal Fair Debt Collection Practices Act. Unfortunately, too many collectors ignore this law.

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.

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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Saint Stephen Bankruptcy & Debt Lawyer, Minnesota

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

Alex Ron Schoephoerster

Andrew Joseph Steil

Andrew Joseph Steil

Andrew Robert Pearson

Brian John Schoenborn

Caleb Clarence Rannow

Jacob Palmer Petersen

Jeffrey Albert Peterson

John Allan Abress

John T Lund

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LEGAL TERMS

INTEREST

C CORPORATION

INFRINGEMENT (OF TRADEMARK)

401(K) PLAN

HOUSEHOLDER

GARNISHMENT

COLLECTION AGENCY

LIMITED PARTNERSHIP

BANKRUPTCY

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