Bainbridge Island 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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Daniel R. Whitmore

Consumer Protection, Bad Faith Insurance, Antitrust, Bankruptcy

Status: In Good Standing

FREE CONSULTATION

CONTACT

1711 West Nickerson Street, Seattle, WA 98119

Alexander Sether Kleinberg

Litigation, Electronic Commerce, Banking & Finance, Credit & Debt

Status: In Good Standing Licensed: 21 Years

CONTACT

4941 Lynwood Center Rd Ne, Bainbridge Island, WA 98110

William Edward Bartholdt

Securities, Business & Trade, Corporate, Commercial Bankruptcy

Status: In Good Standing Licensed: 42 Years

CONTACT

370 Grow Ave Nw, Bainbridge Island, WA 98110

Michael Dennis Dwyer

Electronic Commerce, Business & Trade, Corporate, Commercial Bankruptcy

Status: In Good Standing Licensed: 52 Years

CONTACT

6337 Ne Hidden Cove Rd, Bainbridge Island, WA 98110

Jeremie Lipton

Corporate, Construction, Commercial Bankruptcy, Contract

Status: In Good Standing Licensed: 23 Years

CONTACT

Bainbridge Island, WA 98110

John Joseph Mitchell

Litigation, Child Custody, Credit & Debt, Collection

Status: Inactive Licensed: 42 Years

CONTACT

Bainbridge Island, WA 98110

John Joseph Mitchell

Estate Planning, Bankruptcy, Natural Resources, Dispute Resolution, Personal Injury

Status: Inactive Licensed: 69 Years

CONTACT

Bainbridge Island, WA 98110

Cheryl A. Williams

Commercial Real Estate, Business & Trade, Contract, Commercial Bankruptcy

Status: In Good Standing Licensed: 39 Years

CONTACT

271 Wyatt Way Ne, Bainbridge Island, WA 98110

Angela Maria Michael

General Practice

Status: In Good Standing Licensed: 22 Years

CONTACT

8489 Madison Ave N, Bainbridge Island, WA 98110

Mary R. Powers

Real Estate, Bankruptcy & Debt

Status: In Good Standing

CONTACT

2426 Soundview Dr Ne, Bainbridge Island, WA 98110

800-923-0641

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LEGAL TERMS

NONDISCHARGEABLE DEBTS

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chap... (more...)

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chapter 13 bankruptcy, the nondischargeable debts will have to be paid in full during your plan or you will have a balance at the end of your case. Examples of nondischargeable debts include alimony and child support, most income tax debts, many student loans and debts for personal injury or death caused by drunk driving. Compare dischargeable debts.

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.

LIABILITY

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pi... (more...)

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pipe bursts the day after Paul installs it, ruining the bathroom floor. This raises the issue of liability: Who is responsible for the damage? Peri claims that Paul is responsible, and sues him for the cost of hiring another plumber to fix the pipe and replacing the floor. Paul, in turn, claims that the pipe manufacturer is responsible, because they supplied him with faulty materials. Both Peri and Paul must prove their claims in court; if Paul and/or the manufacturer is found liable, one or both will have to pay damages to Peri. (2) Something for which a person is liable. For example, a debt is often called a liability.

CHAPTER 13 PLAN

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to ... (more...)

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to pay all mandatory debts -- for example, back child support, taxes, and mortgage arrearages -- as well as some or all unsecured, nonpriority debts, such as medical and credit card bills.

BULK SALES LAW

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to ... (more...)

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to conduct a bulk sale of business assets -- that is, get rid of an unusually large amount of inventory, merchandise or equipment -- the business owner must typically publish a notice of the sale and give written notice to creditors. Then, the owner must set up an account to hold the funds from the sale for a brief period of time during which creditors may make claims against the money. The prohibition against bulk sales is spelled out in the Uniform Commercial Code -- and laws modeled on the UCC have been generally adopted throughout the country.

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.

FAIR LABOR STANDARDS ACT (FLSA)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements ... (more...)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements for overtime and places restrictions on child labor.

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.

C CORPORATION

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S c... (more...)

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S corporation, whose profits are passed through to shareholders and taxed on their personal returns under subchapter S of the Internal Revenue Code.

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Bainbridge Island Bankruptcy & Debt Lawyer, Washington

Sponsored Law Firm

Leavy Schultz Davis, P.S.

SPONSORED LAWYERS

Daniel R. Whitmore

Alexander Sether Kleinberg

William Edward Bartholdt

Michael Dennis Dwyer

Jeremie Lipton

John Joseph Mitchell

John Joseph Mitchell

Cheryl A. Williams

Angela Maria Michael

Mary R. Powers

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LEGAL TERMS

NONDISCHARGEABLE DEBTS

CURRENT MONTHLY INCOME

LIABILITY

CHAPTER 13 PLAN

BULK SALES LAW

CREDIT INSURANCE

FAIR LABOR STANDARDS ACT (FLSA)

DISPOSABLE INCOME

C CORPORATION

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