Wheaton Bankruptcy & Debt Lawyer, Minnesota, page 4

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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 Wheaton Bankruptcy & Debt lawyer.
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Timothy E J Fox

General Practice

Status: In Good Standing Licensed: 48 Years

CONTACT

809 North 12Th Street, Breckenridge, MN 56520

Lynnae Laurel Glieden Lina

Power of Attorney, Elder Law

Status: In Good Standing Licensed: 19 Years

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215 Atlantic Avenue, Morris, MN 56267

Jason Gregory Lina

Lawsuit & Dispute

Status: In Good Standing Licensed: 19 Years

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215 Atlantic Avenue, Morris, MN 56267

Michael M Fluegel

General Practice

Status: Deceased Licensed: 51 Years

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215 Atlantic Ave, Morris, MN 56267

Charles C Glasrud

General Practice

Status: In Good Standing Licensed: 43 Years

CONTACT

400 Colorado Avenue, Morris, MN 56267

Terrance P Collins

General Practice

Status: Deceased Licensed: 60 Years

CONTACT

400 Colorado Ave, Morris, MN 56267

Donald R Giberson

General Practice

Status: Suspended Licensed: 73 Years

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300 E 3Rd Street, Morris, MN 56267

John D Sullivan

General Practice

Status: Suspended

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Chokio, MN 56221

Elizabeth J Hinds

General Practice

Status: Inactive Licensed: 42 Years

CONTACT

331 S Columbia Avenue, Morris, MN 56267

C J Benson

General Practice

Status: Suspended Licensed: 93 Years

CONTACT

109 Pacific Ave, Ortonville, MN 56278

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LEGAL TERMS

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.

DEBT COLLECTOR

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe... (more...)

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe. Debt collectors can be relentless, often using scare tactics, humiliation and repeated phone calls to extract payments or promises to pay.

FCRA

See Fair Credit Reporting Act.

CREDIT INSURANCE

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay o... (more...)

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay off the remaining balance. Federal and state consumer protection laws require the lender to disclose to existing and potential borrowers the terms and costs of obtaining credit insurance because it can affect the terms of the loan.

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.

UNSECURED DEBT

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only reme... (more...)

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only remedy is to sue you and get a judgment. Compare secured debt.

SECRET WARRANTY PROGRAM

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid... (more...)

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid a recall and the accompanying bad press. Secret warranties are rarely advertised by the manufacturer, so consumers must pursue the manufacturer to discover and take advantage of them. A few states require manufacturers to notify car buyers when they adopt secret warranty programs.

MEETING OF CREDITORS

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a f... (more...)

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a few questions. In a Chapter 7, the meeting of creditors lasts a few minutes and rarely do any creditors show up. In a Chapter 13 bankruptcy, one or two creditors may attend, especially if they disagree with some provision of your repayment plan.

REAFFIRMATION

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing deb... (more...)

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing debt after the bankruptcy case is over. For instance, a debtor might make a reaffirmation agreement with the holder of a car note that the debtor can keep the car and must continue to pay the debt after bankruptcy.

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Wheaton Bankruptcy & Debt Lawyer, Minnesota, page 4

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

Timothy E J Fox

Lynnae Laurel Glieden Lina

Jason Gregory Lina

Michael M Fluegel

Charles C Glasrud

Terrance P Collins

Donald R Giberson

John D Sullivan

Elizabeth J Hinds

C J Benson

TIPS

LEGAL TERMS

SOLE PROPRIETORSHIP

DEBT COLLECTOR

FCRA

CREDIT INSURANCE

SETOFF

UNSECURED DEBT

SECRET WARRANTY PROGRAM

MEETING OF CREDITORS

REAFFIRMATION

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