Bellingham 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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Steven C. Hathaway

Real Estate, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

3811 Consolidation Avenue, Bellingham, WA 98227

Susan Jo Sucee

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: Inactive Licensed: 13 Years

CONTACT

928 36Th St, Bellingham, WA 98229

Regan Walker Ryan

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: Suspended Licensed: 21 Years

CONTACT

3509 Larrabee Ave, Bellingham, WA 98229

Deborah K. Lee

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: Inactive Licensed: 69 Years

CONTACT

1415 37Th St, Bellingham, WA 98229

Lisa Amini

General Practice

Status: Suspended Licensed: 22 Years

CONTACT

336 36Th Street, Bellingham, WA 98225

Gae Victoria Mackenzie

Business & Trade, Corporate, Contract, Commercial Bankruptcy

Status: In Good Standing Licensed: 50 Years

CONTACT

803 Highland Dr, Bellingham, WA 98225

Emily Rose Mowrey

Commercial Real Estate, Estate Planning, Corporate, Credit & Debt

Status: In Good Standing

CONTACT

1313 E Maple St, Bellingham, WA 98225

Robert Joseph La Rocco

Family Law, DUI-DWI, Criminal, Bankruptcy & Debt

Status: In Good Standing

CONTACT

1313 E Maple St, Bellingham, WA 98225

Matt Beaty

Bankruptcy, Estate Planning, Estate, Wills

Status: In Good Standing Licensed: 17 Years

CONTACT

1313 E Maple St, Bellingham, WA 98225

Zachary Bryant

Landlord-Tenant, Patent, Immigration, Business, Bankruptcy

Status: In Good Standing Licensed: 13 Years

CONTACT

1200 Old Fairhaven Pkwy, Bellingham, WA 98225

800-923-0641

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LEGAL TERMS

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.

FCBA

See Fair Credit Billing Act.

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.

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.

LOSS DAMAGE WAIVER (LDW)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it ofte... (more...)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it often duplicates coverage provided by the renter's regular car insurance and/or the credit card she uses to rent the car. Nevertheless, hard-sell practices by rental car agents often dupe people into buying LDWs they don't really need. LDW is also called 'collision damage waiver.'

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.

PREFERENCE

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commer... (more...)

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commercial creditors) and within one year for insider creditors (friends, family members, and business associates). Because a preference gives the creditor who received the payment an edge over other creditors in the bankruptcy case, the trustee can recover the preference (the amount of the payment) and distribute it among all of the creditors.

TRUTH IN LENDING ACT (TILA)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disc... (more...)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disclose the terms of a loan, including the total amount of the loan, the annual interest rate and the number, amount and due dates of all payments necessary to repay the loan. The TILA requires additional disclosures and places many restrictions on mortgages.

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.

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Bellingham Bankruptcy & Debt Lawyer, Washington

Sponsored Law Firm

Leavy Schultz Davis, P.S.

SPONSORED LAWYERS

Steven C. Hathaway

Susan Jo Sucee

Regan Walker Ryan

Deborah K. Lee

Lisa Amini

Gae Victoria Mackenzie

Emily Rose Mowrey

Robert Joseph La Rocco

Matt Beaty

Zachary Bryant

TIPS

LEGAL TERMS

MEETING OF CREDITORS

FCBA

CHAPTER 13 PLAN

S CORPORATION

LOSS DAMAGE WAIVER (LDW)

NONPROFIT CORPORATION

PREFERENCE

TRUTH IN LENDING ACT (TILA)

LIMITED PARTNERSHIP

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