Aberdeen Bankruptcy & Debt Lawyer, Washington

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Justine Koehle
About | Practice Areas
Leavy Schultz Davis, P.S.
2415 W Falls Ave Kennewick, WA 99336» view map
Bankruptcy & Debt
Serving your legal needs since 1947

Leavy Schultz Davis is one of the Mid-Columbia’s longest standing law firms serving Eastern Washington, Kennewick, Richland, Pasco, and the greater Tri-Cities area.

509-736-1330
1. Justine Koehle Kennewick, WA
  Attorney at Law- WA, 2017
  University of Kansas School of Law, J.D. 2017
2. AboutLeavy Schultz Davis, P.S.
  Serving your legal needs since 1947
3. Practice AreasExpertise
  Bankruptcy & Debt
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Michael G. Spencer

Family Law, Business & Trade, Commercial Bankruptcy, Personal Injury

Status: In Good Standing

CONTACT

506 Bel Aire Ave, Aberdeen, WA 98520

Michael Gary Spencer

Family Law, Business & Trade, Commercial Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 48 Years

CONTACT

506 Bel Aire Ave, Aberdeen, WA 98520

Gary Arnold Morean

Landlord-Tenant, Estate Planning, Family Law, Collection

Status: In Good Standing

CONTACT

120 E 1st St, Aberdeen, WA 98520

Garth L. Jones

Insurance, Consumer Bankruptcy, Personal Injury, Malpractice

Status: In Good Standing Licensed: 40 Years

CONTACT

413 8Th St, Hoquiam, WA 98550

Ray W Kahler

Insurance, Consumer Bankruptcy, Personal Injury, Malpractice, Accident & Injury

Status: In Good Standing Licensed: 28 Years

CONTACT

413 8Th St, Hoquiam, WA 98550

Paul Lester Stritmatter

Mass Torts, Insurance, Consumer Bankruptcy, Personal Injury, Malpractice

Status: In Good Standing Licensed: 55 Years

CONTACT

413 8th St, Hoquiam, WA 98550

Frank Martin Franciscovich

Commercial Real Estate, Estate Planning, Business & Trade, Commercial Bankruptcy, Personal Injury

Status: In Good Standing

CONTACT

341 W Wishkah St, Aberdeen, WA 98520

John Michael Clark

Insurance, Litigation, Bankruptcy, Family Law

Status: Suspended Licensed: 49 Years

CONTACT

312 W 2Nd St, Aberdeen, WA 98520

Hannah Grace Campbell

Civil Rights, Insurance, Credit & Debt, Personal Injury

Status: In Good Standing Licensed: 9 Years

CONTACT

115 S 1St St, Montesano, WA 98563

Steven Grant Mcneill

Estate Planning, Family Law, Credit & Debt, Personal Injury

Status: In Good Standing Licensed: 33 Years

CONTACT

107 E Marcy Ave, Montesano, WA 98563

800-923-0641

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LEGAL TERMS

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.

S CORPORATION

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status fro... (more...)

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status from the Internal Revenue Service. Electing to do business as an S corporation lets shareholders enjoy limited liability status, as would be true of any corporation, but be taxed like a partnership or sole proprietor. That is, instead of being taxed as a separate entity (as would be the case with a regular or C corporation) an S corporation is a pass-through tax entity: income taxes are reported and paid by the shareholders, not the S corporation. To qualify as an S corporation a number of IRS rules must be met, such as a limit of 75 shareholders and citizenship requirements.

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.

FCBA

See Fair Credit Billing Act.

NONPROFIT CORPORATION

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or f... (more...)

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or for some public purpose (such as a hospital, environmental organization or literary society). Nonprofit corporations, despite the name, can make a profit, but the business cannot be designed primarily for profit-making purposes, and the profits must be used for the benefit of the organization or purpose the corporation was created to help. When a nonprofit corporation dissolves, any remaining assets must be distributed to another nonprofit, not to board members. As with for-profit corporations, directors of nonprofit corporations are normally shielded from personal liability for the organization's debts. Some nonprofit corporations qualify for a federal tax exemption under _ 501(c)(3) of the Internal Revenue Code, with the result that contributions to the nonprofit are tax deductible by their donors.

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.

CREDIT COUNSELING

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Unde... (more...)

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Under the new bankruptcy law, a debtor must undergo credit counseling with an approved provider before filing for bankruptcy.

DISPOSABLE INCOME

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Ch... (more...)

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Chapter 13 plan.

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.

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Aberdeen Bankruptcy & Debt Lawyer, Washington

Sponsored Law Firm

Leavy Schultz Davis, P.S.

SPONSORED LAWYERS

Michael G. Spencer

Michael Gary Spencer

Gary Arnold Morean

Garth L. Jones

Ray W Kahler

Paul Lester Stritmatter

Frank Martin Franciscovich

John Michael Clark

Hannah Grace Campbell

Steven Grant Mcneill

TIPS

LEGAL TERMS

GARNISHMENT

S CORPORATION

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

FCBA

NONPROFIT CORPORATION

UNSECURED DEBT

CREDIT COUNSELING

DISPOSABLE INCOME

COSIGNER

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