Bainbridge Island Bankruptcy & Debt Lawyer, Washington, page 4

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Jason Newcombe
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Washington Law Group, PLLC
Proudly Serving The Greater Puget Sound RegionÂ» view map
Bankruptcy & Debt, Chapter 7, Chapter 13
CONTACT US FOR A CONSULTATION

Bankruptcy is unquestionably one of the most powerful financial tools on the planet. Yet, many people struggle for years before even learning how easy it can be to qualify.

800-699-2370
1. Jason Newcombe Seattle, WA
  Attorney at Law - WA, 1999
  Boston College Law School, J.D. - 1997
2. About UsServing Washington
  Offices in Seattle, Bellevue, Tacoma, Everett, and Olympia
3. ServicesExperienced Attorneys
  We always offer a free initial consultation and case evaluation
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Sara Deirdre Longley

International Tax, Estate Planning, Contract, Commercial Bankruptcy

Status: In Good Standing Licensed: 17 Years

CONTACT

1734 Nw Market St, Seattle, WA 98107

Gwyn Elizabeth Staton

Estate Planning, Civil Rights, Corporate, Collection

Status: In Good Standing Licensed: 45 Years

CONTACT

2284 W Commodore Way, Seattle, WA 98199

Scott Martin Ellerby

Estate Planning, Civil Rights, Banking & Finance, Collection, Trusts

Status: In Good Standing Licensed: 38 Years

CONTACT

2401 Nw 65Th St, Seattle, WA 98117

Erin Monica Karp

Patent, Copyright, Corporate, Commercial Bankruptcy

Status: Deceased Licensed: 25 Years

CONTACT

2208 Nw Market St, Seattle, WA 98107

Todd P Kimball

Estate Planning, Business & Trade, Commercial Bankruptcy, Bankruptcy

Status: In Good Standing Licensed: 33 Years

CONTACT

1417 Nw 54Th St, Seattle, WA 98107

John Scott Hicks

Electronic Commerce, Business & Trade, Contract, Commercial Bankruptcy

Status: In Good Standing Licensed: 41 Years

CONTACT

5215 Ballard Ave Nw, Seattle, WA 98107

B Regina Taylor

Estate Planning, Family Law, Civil Rights, Bankruptcy, Land Use & Zoning

Status: In Good Standing Licensed: 22 Years

CONTACT

10030 Silverdale Way Nw, Silverdale, WA 98383

George Jay Jensen

DUI-DWI, Credit & Debt, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 23 Years

CONTACT

5215 Ballard Avenue NW, Seattle, WA 98107

Anne E Krepick

International Tax, Business & Trade, Corporate, Commercial Bankruptcy

Status: In Good Standing Licensed: 19 Years

CONTACT

3621 W Barrett St, Seattle, WA 98199

Michael Robert Morrison

Government, Family Law, Credit & Debt, Bankruptcy

Status: In Good Standing Licensed: 31 Years

CONTACT

3100 Nw Bucklin Hill Rd, Silverdale, WA 98383

800-923-0641

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LEGAL TERMS

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.

LIMITED LIABILITY

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or ... (more...)

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or a person who invests in a corporation (a shareholder) generally stands to lose only the amount of money invested in the business. This means that if the business folds, creditors cannot seize or sell an owner's home, car, or other personal assets.

INFRINGEMENT (OF TRADEMARK)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringeme... (more...)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringement turns on whether the defendant's use causes a likelihood of confusion in the average consumer. If a court determines that the average consumer would be confused, the owner of the original mark can prevent the other's use of the infringing mark and sometimes collect damages.

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.

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.

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.

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily fu... (more...)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily funded by voluntary donations from the creditors that receive payments from debtors repaying their debts through that office. Despite this criticism, most CCCS counselors provide clients with thorough and neutral advice.

LIEN

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortg... (more...)

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortgages, home equity loans, car loans and personal loans for which you pledge property to guarantee repayment. Liens created without your consent are called nonconsensual liens, and include judgment liens (liens filed by a creditor who has sued you and obtained a judgment), tax liens and mechanics liens (liens filed by a contractor who worked on your house but wasn't paid).

Bainbridge Island Bankruptcy & Debt Lawyer, Washington, page 4

Sponsored Law Firm

Washington Law Group, PLLC

SPONSORED LAWYERS

Sara Deirdre Longley

Gwyn Elizabeth Staton

Scott Martin Ellerby

Erin Monica Karp

Todd P Kimball

John Scott Hicks

B Regina Taylor

George Jay Jensen

Anne E Krepick

Michael Robert Morrison

TIPS

LEGAL TERMS

CURRENT MONTHLY INCOME

LIMITED LIABILITY

INFRINGEMENT (OF TRADEMARK)

MEETING OF CREDITORS

SOLE PROPRIETORSHIP

DISPOSABLE INCOME

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

LIEN

CREDITOR

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