Bremerton Bankruptcy & Debt Lawyer, Washington, page 3

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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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John Joseph Mitchell

Litigation, Child Custody, Credit & Debt, Collection

Status: Inactive Licensed: 42 Years

CONTACT

Bainbridge Island, WA 98110

Jeremie Lipton

Corporate, Construction, Commercial Bankruptcy, Contract

Status: In Good Standing Licensed: 23 Years

CONTACT

Bainbridge Island, WA 98110

Kenneth L. Kambich

Federal, Corporate, Contract, Commercial Bankruptcy

Status: In Good Standing Licensed: 26 Years

CONTACT

600 Kitsap St, Port Orchard, WA 98366

Tracy Elizabeth Digiovanni

Land Use & Zoning, Federal, Contract, Commercial Bankruptcy

Status: In Good Standing Licensed: 36 Years

CONTACT

600 Kitsap St, Port Orchard, WA 98366

John Paul Brody

Elder Law, Contract, Credit & Debt, Personal Injury

Status: Inactive

CONTACT

1083 Sw Bay St, Port Orchard, WA 98366

Grant Smith

Bankruptcy, Personal Injury, Mass Torts, Accident & Injury

Status: In Good Standing Licensed: 30 Years

CONTACT

9301 Linder Way Nw, Silverdale, WA 98383

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

James E. Ryan

Land Use & Zoning, Estate Planning, Business & Trade, Commercial Bankruptcy, Commercial Real Estate

Status: In Good Standing Licensed: 50 Years

CONTACT

9657 Levin Rd Nw, Silverdale, WA 98383

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

Dale Parham

Bankruptcy

Status: Deceased Licensed: 22 Years

CONTACT

9534 Horizon Ln Se, Port Orchard, WA 98367

800-923-0641

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LEGAL TERMS

WINDING UP

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, a... (more...)

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, all with the ultimate goal of liquidating or closing down a corporation or partnership.

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.

FCBA

See Fair Credit Billing Act.

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.

FRAUDULENT TRANSFER

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee --... (more...)

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee -- for instance, when a debtor signs a car over to a relative to keep it out of the bankruptcy estate. Fraudulently transferred property can be recovered and sold by the trustee for the benefit of the creditors.

DEBT COLLECTOR

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe... (more...)

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe. Debt collectors can be relentless, often using scare tactics, humiliation and repeated phone calls to extract payments or promises to pay.

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.

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.'

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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Bremerton Bankruptcy & Debt Lawyer, Washington, page 3

Sponsored Law Firm

Leavy Schultz Davis, P.S.

SPONSORED LAWYERS

John Joseph Mitchell

Jeremie Lipton

Kenneth L. Kambich

Tracy Elizabeth Digiovanni

John Paul Brody

Grant Smith

Thomas Randolph Dreiling

James E. Ryan

Kenyon P. Kellogg

Dale Parham

TIPS

LEGAL TERMS

WINDING UP

FAIR CREDIT REPORTING ACT (FCRA)

FCBA

SOLE PROPRIETORSHIP

FRAUDULENT TRANSFER

DEBT COLLECTOR

LIMITED LIABILITY

LOSS DAMAGE WAIVER (LDW)

C CORPORATION

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