Clearlake Bankruptcy & Debt Lawyer, Washington

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Jason Newcombe
About Us | Services
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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John Russel Shultz

Civil Rights, Administrative Law, Bankruptcy, Accident & Injury

Status: In Good Standing Licensed: 42 Years

CONTACT

127 E. Fairhaven Avenue, Burlington, WA 98233

Terence G. Carroll

Divorce, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 39 Years

CONTACT

709 S 1St St, Mount Vernon, WA 98273

Rachelle Marie Eason

Estate Planning, Family Law, Business & Trade, Bankruptcy

Status: In Good Standing Licensed: 25 Years

CONTACT

725 S 1St St, Mount Vernon, WA 98273

Cawood King Bebout

Immigration, Bankruptcy

Status: In Good Standing Licensed: 41 Years

CONTACT

1014 Opal Ln, Burlington, WA 98233

Cawood King Bebout

Immigration, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 41 Years

CONTACT

1023 S 3rd St, Mount Vernon, WA 98273

Brian Edward Clark

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

Status: In Good Standing Licensed: 46 Years

CONTACT

Mount Vernon, WA 98273

Richard Mark Sybrandy

Contract, Credit & Debt, Civil Rights, Family Law

Status: In Good Standing Licensed: 29 Years

CONTACT

Mount Vernon, WA 98273

Michael Andrew Winslow

Construction, Estate Planning, Business & Trade, Commercial Bankruptcy

Status: In Good Standing

CONTACT

519 Columbine Ct, Mount Vernon, WA 98273

Matthew T. Halliday

Employment Discrimination, Life & Health, Commercial Bankruptcy, Labor Law

Status: In Good Standing Licensed: 34 Years

CONTACT

23871 Nookachamp Hills Dr, Mount Vernon, WA 98274

Vivian Leigh White

Bankruptcy, Family Law, Estate Planning, Federal

Status: Suspended Licensed: 31 Years

CONTACT

Mount Vernon, WA 98273

800-923-0641

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LEGAL TERMS

CCCS

See Consumer Credit Counseling Service.

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.

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.

GUARANTEED RESERVATION

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehic... (more...)

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehicle for you no matter when you show up. If you have a guaranteed reservation with a hotel, it must provide you with a room, either at that hotel or at another comparable establishment. If you have a guaranteed reservation with a car agency, it must provide you with a vehicle. The downside of a guaranteed reservation is that if you don't show up and haven't cancelled your reservation, you will be billed for one night in the room or one day's use of the vehicle.

NONEXEMPT PROPERTY

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typicall... (more...)

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typically includes valuable clothing (furs) and electronic equipment, an expensive car that's been paid off and most of the equity in your house. Compare exempt property.

BANKRUPTCY TRUSTEE

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is t... (more...)

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is to gather the debtor's nonexempt property, liquidate it and distribute it proportionally to her creditors. In a Chapter 13 case, the trustee's role is to receive the debtor's monthly payments and distribute them proportionally to her creditors.

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.

REDEMPTION

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump s... (more...)

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump sum. For example, a debtor may redeem a car note by paying the lender the amount a retail vendor would charge for the car, considering its age and condition.

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.

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Clearlake Bankruptcy & Debt Lawyer, Washington

Sponsored Law Firm

Washington Law Group, PLLC

SPONSORED LAWYERS

John Russel Shultz

Terence G. Carroll

Rachelle Marie Eason

Cawood King Bebout

Cawood King Bebout

Brian Edward Clark

Richard Mark Sybrandy

Michael Andrew Winslow

Matthew T. Halliday

Vivian Leigh White

TIPS

LEGAL TERMS

CCCS

FRATERNAL BENEFIT SOCIETY BENEFITS

SETOFF

GUARANTEED RESERVATION

NONEXEMPT PROPERTY

BANKRUPTCY TRUSTEE

S CORPORATION

REDEMPTION

SOLE PROPRIETORSHIP

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