Grapeview 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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Carol L Ohail

Commercial Bankruptcy, Insurance, Litigation, Civil Rights

Status: In Good Standing Licensed: 57 Years

CONTACT

190 E Lakeshore Dr, Allyn, WA 98524

Myrna R Wood

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: Inactive Licensed: 57 Years

CONTACT

Belfair, WA 98528

Colleen M. Reamer

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: In Good Standing Licensed: 54 Years

CONTACT

Belfair, WA 98528

Pam M Hodgen

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: Inactive Licensed: 81 Years

CONTACT

5017 Ne North Shore Rd, Belfair, WA 98528

Charles R Houle

Family Law, Civil Rights, Contract, Bankruptcy

Status: In Good Standing Licensed: 24 Years

CONTACT

Belfair, WA 98528

Michael D. Bohannon

Foreclosure, Contract, Banking & Finance, Credit & Debt

Status: In Good Standing Licensed: 40 Years

CONTACT

6441 Ne North Shore Rd, Belfair, WA 98528

Glenda Moore

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: Inactive Licensed: 58 Years

CONTACT

7681 Ne North Shore Rd, Belfair, WA 98528

Cheryl A. Burris

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: Inactive Licensed: 85 Years

CONTACT

15505 176Th Ave Nw, Gig Harbor, WA 98329

Shaun Watchie Perry

Land Use & Zoning, Corporate, Contract, Commercial Bankruptcy

Status: In Good Standing

CONTACT

Grapeview, WA 98546

Terri Ann Kesteren

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: Suspended Licensed: 44 Years

CONTACT

18225 30Th Street Kp N, Lakebay, WA 98349

800-923-0641

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LEGAL TERMS

PRIORITY DEBT

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13... (more...)

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13 bankruptcy. Priority debts include alimony and child support, fees owed to the trustee and the attorney in the bankruptcy case, and wages owed to employees.

REAFFIRMATION

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing deb... (more...)

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing debt after the bankruptcy case is over. For instance, a debtor might make a reaffirmation agreement with the holder of a car note that the debtor can keep the car and must continue to pay the debt after bankruptcy.

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.

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.

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.

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.

SECURED DEBT

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collater... (more...)

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collateral, to satisfy the debt if you default. Compare unsecured debt.

GRACE PERIOD

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you h... (more...)

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you have to pay interest on the amount of your purchases. Cash advances, however, usually have no grace period; interest begins to accumulate from the date of the withdrawal, even if you pay your bills on time. Also, some student loans give you a grace period after graduating or dropping out of school. During this time, you are not required to make payments on your loan.

LIABILITY

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pi... (more...)

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pipe bursts the day after Paul installs it, ruining the bathroom floor. This raises the issue of liability: Who is responsible for the damage? Peri claims that Paul is responsible, and sues him for the cost of hiring another plumber to fix the pipe and replacing the floor. Paul, in turn, claims that the pipe manufacturer is responsible, because they supplied him with faulty materials. Both Peri and Paul must prove their claims in court; if Paul and/or the manufacturer is found liable, one or both will have to pay damages to Peri. (2) Something for which a person is liable. For example, a debt is often called a liability.

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Grapeview Bankruptcy & Debt Lawyer, Washington

Sponsored Law Firm

Leavy Schultz Davis, P.S.

SPONSORED LAWYERS

Carol L Ohail

Myrna R Wood

Colleen M. Reamer

Pam M Hodgen

Charles R Houle

Michael D. Bohannon

Glenda Moore

Cheryl A. Burris

Shaun Watchie Perry

Terri Ann Kesteren

TIPS

LEGAL TERMS

PRIORITY DEBT

REAFFIRMATION

NONEXEMPT PROPERTY

PREFERENCE

REDEMPTION

CURRENT MONTHLY INCOME

SECURED DEBT

GRACE PERIOD

LIABILITY

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