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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 Anton Sterbick

✓ VERIFIED

Accident & Injury, Bankruptcy & Debt, Tax, Car Accident, Bankruptcy

For over 22 years, John A. Sterbick has been dedicated to providing thorough and experienced legal advice. Here at the Law Offices of John A. Sterbick... (more)

FREE CONSULTATION

CONTACT

800-878-4860

1010 South I Street, Tacoma, WA 98405

Jason Newcombe

✓ VERIFIED

Criminal, Divorce & Family Law, Bankruptcy & Debt, Accident & Injury, Traffic

From our offices in Seattle and throughout the state of Washington, we help families solve difficult legal problems and move on with their lives. ... (more)

FREE CONSULTATION

CONTACT

800-699-2370

201 St. Helens Ave, Tacoma, WA 98402

Jason Scott Newcombe

✓ VERIFIED

Criminal, Divorce & Family Law, Bankruptcy & Debt, Accident & Injury, Traffic

From our offices in Seattle and throughout the state of Washington, we help families solve difficult legal problems and move on with their lives. W... (more)

FREE CONSULTATION

CONTACT

206-624-3644

16000 Christensen Rd, Tukwila, WA 98188

Minh T. Tran

✓ VERIFIED

Real Estate, Bankruptcy & Debt, Personal Injury, Animal Bite, Car Accident

Minh Tran practice is focused on bankruptcy and civil litigation at the Arrow Law Group, PLLC. The law firm also represents clients in personal injury... (more)

FREE CONSULTATION

CONTACT

800-821-3170

12020 SE 60th St, Bellevue, WA 98006

Bradley Eugene Gearheard

Family Law, Civil Rights, Credit & Debt, Personal Injury

Status: In Good Standing Licensed: 34 Years

CONTACT

1206 Wells St, Enumclaw, WA 98022

Brandon Michael Skyles

Corporate, International Other, Commercial Bankruptcy, Business & Trade

Status: In Good Standing Licensed: 9 Years

CONTACT

23020 103Rd Street Ct E, Buckley, WA 98321

Shannon M. W. Kraft

Landlord-Tenant, Estate Planning, Corporate, Bankruptcy

Status: In Good Standing Licensed: 31 Years

CONTACT

8910 Main St E, Bonney Lake, WA 98391

William F Wright

Land Use & Zoning, Dispute Resolution, Administrative Law, Commercial Bankruptcy

Status: In Good Standing Licensed: 23 Years

CONTACT

8910 Main St E, Bonney Lake, WA 98391

Kristi Linn Scholz-O'Leary

Contract, Land Use & Zoning, Commercial Bankruptcy, Business & Trade

Status: In Good Standing Licensed: 19 Years

CONTACT

13921 Mccutcheon Rd E, Orting, WA 98360

John Stuart Woodburne

Bankruptcy

Status: Inactive Licensed: 53 Years

CONTACT

605 Ofarrell Cutoff Rd E, Bonney Lake, WA 98391

800-923-0641

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LEGAL TERMS

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.

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.

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.

MEANS TEST

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income ... (more...)

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income for his or her state should be allowed to file for Chapter 7 bankruptcy.

BANKRUPTCY

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are ... (more...)

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are two types of bankruptcies -- liquidation, in which your debts are wiped out (discharged) and reorganization, in which you provide the court with a plan for how you intend to repay your debts. For both consumers and business, liquidation bankruptcy is called Chapter 7. For consumers, reorganization bankruptcy is called Chapter 13. Reorganization bankruptcy for consumers with an extraordinary amount of debt and for businesses is called Chapter 11. Reorganization bankruptcy for family farmers is called Chapter 12.

CHAPTER 7 BANKRUPTCY

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 b... (more...)

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 bankruptcy takes from three to six months, costs about $200, and commonly requires only one trip to the courthouse.

FRATERNAL BENEFIT SOCIETY BENEFITS

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal socie... (more...)

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal societies that provide benefits. Also called benefit society, benevolent society or mutual aid association benefits. Under bankruptcy laws, these benefits are virtually always considered exempt property.

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.

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Buckley Bankruptcy & Debt Lawyer, Washington

Sponsored Law Firm

Leavy Schultz Davis, P.S.

SPONSORED LAWYERS

John Anton Sterbick

Jason Newcombe

Jason Scott Newcombe

Minh T. Tran

Bradley Eugene Gearheard

Brandon Michael Skyles

Shannon M. W. Kraft

William F Wright

Kristi Linn Scholz-O'Leary

John Stuart Woodburne

TIPS

LEGAL TERMS

S CORPORATION

CURRENT MONTHLY INCOME

ACCORD AND SATISFACTION

LIMITED PARTNERSHIP

MEANS TEST

BANKRUPTCY

CHAPTER 7 BANKRUPTCY

FRATERNAL BENEFIT SOCIETY BENEFITS

CHAPTER 13 PLAN

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