Taconite Bankruptcy & Debt Lawyer, Minnesota, page 3

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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 Taconite Bankruptcy & Debt lawyer.
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Neal A Lano

General Practice

Status: Retired Licensed: 74 Years

CONTACT

515 Ne Second Avenue, Grand Rapids, MN 55744

Keith W Anderson

General Practice

Status: In Good Standing Licensed: 40 Years

CONTACT

520 Ne First Avenue, Grand Rapids, MN 55744

Joseph Campbell Stauffer

General Practice

Status: In Good Standing Licensed: 22 Years

CONTACT

520 Ne First Avenue, Grand Rapids, MN 55744

Eric Martin Glorvigen

General Practice

Status: In Good Standing Licensed: 10 Years

CONTACT

200 Ne 1St Avenue, Grand Rapids, MN 55744

Sarah L'Rae Mcbroom

General Practice

Status: In Good Standing Licensed: 15 Years

CONTACT

123 N.E. Fourth Street, Grand Rapids, MN 55744

D. Korey Wahwassuck

General Practice

Status: Inactive Licensed: 22 Years

CONTACT

123 N 4Th St, Grand Rapids, MN 55744

Jon A Maturi

General Practice

Status: In Good Standing Licensed: 48 Years

CONTACT

32455 Lakeview Drive, Grand Rapids, MN 55744

Gayle M Lovejoy

General Practice

Status: In Good Standing Licensed: 41 Years

CONTACT

404 Congdon Street, Coleraine, MN 55722

Winton J Mason

General Practice

Status: In Good Standing Licensed: 55 Years

CONTACT

Roosevelt Avenue, Coleraine, MN 55722

Charlotte Neigh

General Practice

Status: Suspended Licensed: 38 Years

CONTACT

25886 Spruce Drive, Bovey, MN 55709

800-923-0641

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LEGAL TERMS

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.

FCBA

See Fair Credit Billing Act.

WORKOUT

A debtor's plan to take care of a debt, by paying it off or through loan forgiveness. Workouts are often created to avoid bankruptcy or foreclosure proceedings.

NONEXEMPT PROPERTY

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typicall... (more...)

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typically includes valuable clothing (furs) and electronic equipment, an expensive car that's been paid off and most of the equity in your house. Compare exempt property.

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.

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.

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.

LOSS DAMAGE WAIVER (LDW)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it ofte... (more...)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it often duplicates coverage provided by the renter's regular car insurance and/or the credit card she uses to rent the car. Nevertheless, hard-sell practices by rental car agents often dupe people into buying LDWs they don't really need. LDW is also called 'collision damage waiver.'

CURRENT MONTHLY INCOME

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding... (more...)

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding the bankruptcy filing. The debtor's current monthly income is used to determine whether the debtor can file for Chapter 7 bankruptcy, among other things.

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Taconite Bankruptcy & Debt Lawyer, Minnesota, page 3

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

Neal A Lano

Keith W Anderson

Joseph Campbell Stauffer

Eric Martin Glorvigen

Sarah L'Rae Mcbroom

D. Korey Wahwassuck

Jon A Maturi

Gayle M Lovejoy

Winton J Mason

Charlotte Neigh

TIPS

LEGAL TERMS

COSIGNER

FCBA

WORKOUT

NONEXEMPT PROPERTY

LIMITED PARTNERSHIP

UNDUE HARDSHIP

PRESUMED ABUSE

LOSS DAMAGE WAIVER (LDW)

CURRENT MONTHLY INCOME

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