Brush Prairie Bankruptcy & Debt Lawyer, Washington, page 2

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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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Barbara J. Backman

Insurance, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 34 Years

CONTACT

219 Nw 20Th Ave, Battle Ground, WA 98604

Gayle M Pearrow

Commercial Bankruptcy, Commercial Real Estate, Estate Planning, Real Estate

Status: Inactive Licensed: 45 Years

CONTACT

2210 W Main St, Battle Ground, WA 98604

Patrick Edward Byrnes

Litigation, Electronic Commerce, Business & Trade, Commercial Bankruptcy

Status: In Good Standing Licensed: 12 Years

CONTACT

400 N Commercial St, Bellingham, WA 98225

Mitchell Gene Faber

Commercial Real Estate, Corporate, Contract, Commercial Bankruptcy

Status: In Good Standing

CONTACT

400 N Commercial St, Bellingham, WA 98225

Philip Angelo Serka

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

Status: In Good Standing

CONTACT

400 N Commercial St, Bellingham, WA 98225

John Richard Bachofner

Litigation, Family Law, Bankruptcy, Medical Malpractice

Status: In Good Standing Licensed: 36 Years

CONTACT

4437 Nw Oregon St, Camas, WA 98607

Valerie C Moore

Commercial Bankruptcy, Federal, Commercial Real Estate, Real Estate

Status: In Good Standing Licensed: 70 Years

CONTACT

Camas, WA 98607

Angela Jean Ashton

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: In Good Standing Licensed: 30 Years

CONTACT

7512 Nw Payne St, Camas, WA 98607

Kim Lee Becker

Commercial Bankruptcy, Estate, Commercial Real Estate, Insurance, Litigation

Status: In Good Standing Licensed: 45 Years

CONTACT

2128 Nw Hood Dr, Camas, WA 98607

Karen Louise Osborne

Wills & Probate, Trusts, Estate Planning, Estate, Bankruptcy

Status: In Good Standing Licensed: 8 Years

CONTACT

9721 NE Livingston Mountain Ct, Camas, WA 98607

800-923-0641

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LEGAL TERMS

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.

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemp... (more...)

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemptible because it has been damaged or destroyed.

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.

UNDUE HARDSHIP

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in t... (more...)

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in the future to pay off the loan may be able to show that repayment would be an undue hardship.

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.

GARNISHMENT

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if ... (more...)

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if she loses a lawsuit filed by the creditor. Up to 25% of a person's wages can be deducted.

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.

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.

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.

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Brush Prairie Bankruptcy & Debt Lawyer, Washington, page 2

Sponsored Law Firm

Leavy Schultz Davis, P.S.

SPONSORED LAWYERS

Barbara J. Backman

Gayle M Pearrow

Patrick Edward Byrnes

Mitchell Gene Faber

Philip Angelo Serka

John Richard Bachofner

Valerie C Moore

Angela Jean Ashton

Kim Lee Becker

Karen Louise Osborne

TIPS

LEGAL TERMS

INFRINGEMENT (OF TRADEMARK)

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

S CORPORATION

UNDUE HARDSHIP

LIMITED PARTNERSHIP

GARNISHMENT

GUARANTOR

BULK SALES LAW

MEETING OF CREDITORS

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