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
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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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Jeanne D Suliere

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: Deceased Licensed: 92 Years

CONTACT

546 Wood Ave Sw, Bainbridge Island, WA 98110

Ramie Natalie O'Neill

Bankruptcy & Debt, Litigation, Credit & Debt, Electronic Commerce

Status: In Good Standing Licensed: 61 Years

CONTACT

560 Wood Ave SW, Bainbridge Island, WA 98110

Michelle Ann Blackmon

Corporate, Banking & Finance, Credit & Debt

Status: In Good Standing Licensed: 13 Years

CONTACT

125 Ferncliff Ave Ne, Bainbridge Island, WA 98110

Daniel Charles Gallagher

Employment Discrimination, Civil Rights, Contract, Consumer Bankruptcy

Status: In Good Standing Licensed: 32 Years

CONTACT

10611 Battle Point Dr Ne, Bainbridge Island, WA 98110

Grant E. Courtney

Foreclosure, Agriculture, Civil Rights, Credit & Debt

Status: In Good Standing Licensed: 38 Years

CONTACT

5000 Ne North Tolo Rd, Bainbridge Island, WA 98110

Shelby L Caufman

Commercial Bankruptcy, Environmental Law Other, Real Estate, Commercial Real Estate

Status: In Good Standing Licensed: 44 Years

CONTACT

8164 Ne Yeti Ln, Bainbridge Island, WA 98110

Malisa Lenora Gurule

Collection, Bankruptcy & Debt

Status: Deceased Licensed: 61 Years

CONTACT

12169 Arrow Point Loop NE, Bainbridge Island, WA 98110

Kenyon P. Kellogg

Land Use & Zoning, Estate Planning, Corporate, Commercial Bankruptcy

Status: In Good Standing Licensed: 53 Years

CONTACT

5609 Crystal Springs Dr Ne, Bainbridge Island, WA 98110

Lincoln J. Miller

Estate Planning, Civil Rights, Business & Trade, Commercial Bankruptcy

Status: In Good Standing

CONTACT

4566 Flying Goat Ave Ne, Bainbridge Island, WA 98110

Thomas Randolph Dreiling

Collection, Dispute Resolution, Civil Rights, Construction

Status: In Good Standing Licensed: 52 Years

CONTACT

4448 Rockaway Beach Rd Ne, Bainbridge Island, WA 98110

800-923-0641

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LEGAL TERMS

GENERAL PARTNER

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the... (more...)

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the business's debts and obligations. A general partner's actions can legally bind the entire business. See also partnership, limited partnership.

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.

ACCORD AND SATISFACTION

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collectin... (more...)

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collecting as much money as they can from debtors who cannot pay the full amount.

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.

LIMITED PARTNERSHIP

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner ... (more...)

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner or partners (called general partners) have unlimited personal liability. The key difference between a general and limited partner concerns management decision making--general partners run the business, and limited partners, who are usually passive investors, are not allowed to make day-to-day business decisions. If they do, they risk being treated as general partners with unlimited personal liability.

FCRA

See Fair Credit Reporting Act.

GUARANTOR

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. T... (more...)

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. The guarantor gives a 'guaranty,' which is an assurance that the debt or other obligation will be fulfilled.

FAIR CREDIT REPORTING ACT (FCRA)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to a... (more...)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to adopt reasonable procedures for gathering, maintaining and disseminating information and bars credit bureaus from reporting negative information that is older than seven years, except a bankruptcy, which may be reported for ten. If you notify a credit bureau of an error in your credit report, the FCRA requires the bureau to investigate your allegations within 30 days, review all information you provide, remove inaccurate and unverified information and adopt procedures to keep the information from reappearing. In addition, the law requires that creditors refrain from reporting incorrect information to credit bureaus.

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.

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Bainbridge Island Bankruptcy & Debt Lawyer, Washington, page 4

Sponsored Law Firm

Washington Law Group, PLLC

SPONSORED LAWYERS

Jeanne D Suliere

Ramie Natalie O'Neill

Michelle Ann Blackmon

Daniel Charles Gallagher

Grant E. Courtney

Shelby L Caufman

Malisa Lenora Gurule

Kenyon P. Kellogg

Lincoln J. Miller

Thomas Randolph Dreiling

TIPS

LEGAL TERMS

GENERAL PARTNER

CURRENT MONTHLY INCOME

ACCORD AND SATISFACTION

UNSECURED DEBT

LIMITED PARTNERSHIP

FCRA

GUARANTOR

FAIR CREDIT REPORTING ACT (FCRA)

SETOFF

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