The Power of Charging Orders

Tangible Personal Property Lists

By Victoria Lewis

Using Tangible Personal Property Lists Creating a Will is a crucial tool in planning for you and your family’s future. Wills are important to control where your assets will go upon death, to name the person who will care for your property or children, and to state your general wishes regarding funeral arrangements. Once created,…

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Interest Rates in Contracts – What Contractors Need to Know About Usury Laws

By Victoria Lewis

What are Usury Laws? Usury laws are designed to protect consumers from excessive interest rates on loans and other types of credit. Whether your contract allows for payments over time or simply includes a late fee for overdue payments, usury laws determine the maximum amount of interest you can charge. For most contracts in Minnesota,…

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The Power of Charging Orders

By Victoria Lewis

Satisfying Judgments Using Business Entities in Minnesota A charging order is a tool that a creditor can use to try to satisfy a judgment of a debtor. The charging order is charged against a debtor’s interest in a partnership or LLC and attaches to the distributions the debtor would normally receive from the entity until…

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