Stacy Credit & Debt Lawyer, Minnesota, page 2

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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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Alan W Falconer

Construction, Real Estate, Business, Credit & Debt

Status: In Good Standing

CONTACT

100 S. 5Th Street, Minneapolis, MN 55402

Caitlin R. Dowling

Foreclosure, Real Estate, Lending, Credit & Debt

Status: In Good Standing

CONTACT

7616 Currell Boulevard, Saint Paul, MN 55125

Truman Wallace Schabilion

Credit & Debt, Litigation, Collection, Workout, Children's Rights

Status: In Good Standing

CONTACT

332 Minnesota Street, Saint Paul, MN 55101

Robert J Pratte

Business, Dispute Resolution, Prosecution, Credit & Debt

Status: In Good Standing Licensed: 48 Years

CONTACT

80 S 8Th St, Minneapolis, MN 55402

Craig Edward Enos

Consumer Rights, Business, Credit & Debt, Antitrust

Status: In Good Standing Licensed: 28 Years

CONTACT

1911 Park Ave, Minneapolis, MN 55404

Saul A. Bernick

Tax, Corporate, Business, Credit & Debt

Status: In Good Standing Licensed: 57 Years

CONTACT

5500 Wayzata Blvd, Minneapolis, MN 55416

Mark H.B. Williamson

Merger & Acquisition, Public Offerings, Lending, Credit & Debt

Status: In Good Standing Licensed: 37 Years

CONTACT

6369 Merrimac Ln N, Maple Grove, MN 55311

Ronald Lundquist

Criminal, Credit & Debt, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 28 Years

FREE CONSULTATION

CONTACT

3470 Washington Drive, Eagan, MN 55122

David G Keller

Wills & Probate, Estate Planning, Credit & Debt, Bankruptcy

Status: In Good Standing

CONTACT

3459 Washington Drive, Saint Paul, MN 55122

Jerome Michael Porter

Transportation & Shipping, Traffic, Litigation, Credit & Debt

Status: In Good Standing

CONTACT

1260 Yankee Doodle Road, Saint Paul, MN 55121

800-923-0641

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LEGAL TERMS

LIMITED LIABILITY

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or ... (more...)

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or a person who invests in a corporation (a shareholder) generally stands to lose only the amount of money invested in the business. This means that if the business folds, creditors cannot seize or sell an owner's home, car, or other personal assets.

GENERAL PARTNER

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the... (more...)

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the business's debts and obligations. A general partner's actions can legally bind the entire business. See also partnership, limited partnership.

CHAPTER 7 BANKRUPTCY

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 b... (more...)

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 bankruptcy takes from three to six months, costs about $200, and commonly requires only one trip to the courthouse.

FCRA

See Fair Credit Reporting Act.

GUARANTEED RESERVATION

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehic... (more...)

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehicle for you no matter when you show up. If you have a guaranteed reservation with a hotel, it must provide you with a room, either at that hotel or at another comparable establishment. If you have a guaranteed reservation with a car agency, it must provide you with a vehicle. The downside of a guaranteed reservation is that if you don't show up and haven't cancelled your reservation, you will be billed for one night in the room or one day's use of the vehicle.

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.

SETOFF

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a countercl... (more...)

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a counterclaim filed by a defendant in a lawsuit. Banks may try to exercise a setoff by taking money out of a deposit account to satisfy past due payments on a loan or credit card bill. Such an act is illegal under most circumstances.

FAIR CREDIT BILLING ACT (FCBA)

A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days af... (more...)

A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days after it mailed the bill to you. The company must then correct the mistake, or at least acknowledge receipt of your letter within 30 days, and must correct the error within 90 days or explain why it believes the credit card statement is correct.

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

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Stacy Credit & Debt Lawyer, Minnesota, page 2

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

Alan W Falconer

Caitlin R. Dowling

Truman Wallace Schabilion

Robert J Pratte

Craig Edward Enos

Saul A. Bernick

Mark H.B. Williamson

Ronald Lundquist

David G Keller

Jerome Michael Porter

TIPS

LEGAL TERMS

LIMITED LIABILITY

GENERAL PARTNER

CHAPTER 7 BANKRUPTCY

FCRA

GUARANTEED RESERVATION

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

SETOFF

FAIR CREDIT BILLING ACT (FCBA)

DEFINED CONTRIBUTION PLAN

SAMPLE LEGAL CASES

Baker v. Baker

US FEDERAL CREDIT UNION v. STARS & STRIKES, LLC

ATLANTIC CREDIT & FINANCE v. DUSTRUDE

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