Greenbank Bankruptcy & Debt Lawyer, Washington, page 4

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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
CONTACT US FOR A CONSULTATION

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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Steven B Shea

Estate, Family Law, Divorce & Family Law, Credit & Debt

Status: In Good Standing Licensed: 45 Years

CONTACT

3014 Hoyt Ave, Everett, WA 98201

Donald Temple Tesch

Immigration, Bankruptcy, Bankruptcy & Debt, Real Estate

Status: In Good Standing Licensed: 45 Years

CONTACT

126 3Rd Ave S, Edmonds, WA 98020

Thomas Francis Mcdonough

Civil Rights, Insurance, Collection, Personal Injury, Car Accident

Status: In Good Standing Licensed: 44 Years

CONTACT

510 Bell St, Edmonds, WA 98020

Richard Douglas Wurdeman

Corporate, Land Use & Zoning, Federal, Commercial Bankruptcy

Status: In Good Standing Licensed: 45 Years

CONTACT

707 Main St, Edmonds, WA 98020

Peter Mcfadden

Landlord-Tenant, Collection, Traffic, Immigration

Status: Inactive Licensed: 20 Years

CONTACT

3020 Rucker Ave, Everett, WA 98201

James H. Johanson

Estate Planning, Business & Trade, Commercial Bankruptcy, Personal Injury

Status: In Good Standing

CONTACT

7009 212Th St Sw, Edmonds, WA 98026

Young Suk Oh

Civil Rights, Contract, Bankruptcy

Status: In Good Standing Licensed: 25 Years

CONTACT

4100 194th St SW, Lynnwood, WA 98036

Steven Marlow Palmer

Real Estate, Health Care Other, Estate, Misdemeanor, Bankruptcy

Status: In Good Standing Licensed: 15 Years

CONTACT

3400 188th St SW, Lynnwood, WA 98037

Teri Ellen Johnson

Bankruptcy & Debt, Personal Injury

Status: In Good Standing

CONTACT

19105 36Th Ave W, Lynnwood, WA 98036

Teri E Johnson

Immigration, Child Custody, Misdemeanor, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

19105 36Th Ave W, Lynnwood, WA 98036

800-923-0641

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LEGAL TERMS

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.

CREDIT BUREAU

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit... (more...)

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit card companies that use the information to screen applicants for loans and credit cards. There are three major credit bureaus, Equifax, Experian and Trans Union, and they are regulated by the federal Fair Credit Reporting Act.

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.

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.

CREDIT COUNSELING

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Unde... (more...)

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Under the new bankruptcy law, a debtor must undergo credit counseling with an approved provider before filing for bankruptcy.

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.

NONDISCHARGEABLE DEBTS

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chap... (more...)

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chapter 13 bankruptcy, the nondischargeable debts will have to be paid in full during your plan or you will have a balance at the end of your case. Examples of nondischargeable debts include alimony and child support, most income tax debts, many student loans and debts for personal injury or death caused by drunk driving. Compare dischargeable debts.

NONPROFIT CORPORATION

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or f... (more...)

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or for some public purpose (such as a hospital, environmental organization or literary society). Nonprofit corporations, despite the name, can make a profit, but the business cannot be designed primarily for profit-making purposes, and the profits must be used for the benefit of the organization or purpose the corporation was created to help. When a nonprofit corporation dissolves, any remaining assets must be distributed to another nonprofit, not to board members. As with for-profit corporations, directors of nonprofit corporations are normally shielded from personal liability for the organization's debts. Some nonprofit corporations qualify for a federal tax exemption under _ 501(c)(3) of the Internal Revenue Code, with the result that contributions to the nonprofit are tax deductible by their donors.

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.

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Greenbank Bankruptcy & Debt Lawyer, Washington, page 4

Sponsored Law Firm

Washington Law Group, PLLC

SPONSORED LAWYERS

Steven B Shea

Donald Temple Tesch

Thomas Francis Mcdonough

Richard Douglas Wurdeman

Peter Mcfadden

James H. Johanson

Young Suk Oh

Steven Marlow Palmer

Teri Ellen Johnson

Teri E Johnson

TIPS

LEGAL TERMS

GUARANTEED RESERVATION

CREDIT BUREAU

S CORPORATION

NONEXEMPT PROPERTY

CREDIT COUNSELING

FRAUDULENT TRANSFER

NONDISCHARGEABLE DEBTS

NONPROFIT CORPORATION

LIMITED LIABILITY

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