Hamilton 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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2. Email
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7. Profile

Christine S Ybarra

Corporate, Litigation, Employment Discrimination, Commercial Bankruptcy

Status: In Good Standing Licensed: 15 Years

CONTACT

1825 8Th St, Sedro Woolley, WA 98284

Deborah Kay Flick

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: In Good Standing Licensed: 95 Years

CONTACT

425 Commercial St, Mount Vernon, WA 98273

Diane M Mills

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: In Good Standing Licensed: 49 Years

CONTACT

111 E George Hopper Rd, Burlington, WA 98233

Jean A. Crandall

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: Inactive Licensed: 68 Years

CONTACT

3210 E Fir St, Mount Vernon, WA 98273

John Graham Kamb

Bankruptcy & Debt, Divorce & Family Law, Accident & Injury, Estate

Status: In Good Standing Licensed: 68 Years

CONTACT

702 Main St, Mount Vernon, WA 98273

John Thomas Burke

Estate Planning, Contract, Commercial Bankruptcy

Status: In Good Standing Licensed: 18 Years

CONTACT

605 S 3Rd St, Mount Vernon, WA 98273

Julie M. Dixon

Commercial Bankruptcy, Landlord-Tenant, Elder Law, Estate Planning

Status: In Good Standing Licensed: 62 Years

CONTACT

425 Commercial St, Mount Vernon, WA 98273

Karen F Ashley

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: In Good Standing Licensed: 56 Years

CONTACT

816 Sauk Mountain Dr, Sedro Woolley, WA 98284

Karen Lynn Mullen

Bankruptcy

Status: Inactive Licensed: 46 Years

CONTACT

7 Tumbling Water Dr, Bellingham, WA 98229

Kari Anne Pittenridge

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: In Good Standing Licensed: 44 Years

CONTACT

111 E George Hopper Rd, Burlington, WA 98233

800-923-0641

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LEGAL TERMS

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.

DISPOSABLE INCOME

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Ch... (more...)

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Chapter 13 plan.

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.

ABUSE

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because ... (more...)

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because the debtor appears to have enough disposable income to fund a Chapter 13 repayment plan.

SUBROGATION

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off i... (more...)

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off its injured claimant takes the legal rights the claimant has against a third party that caused the injury, and sues that third party.

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.

TOXIC TORT

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and su... (more...)

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and suffering.

WORKOUT

A debtor's plan to take care of a debt, by paying it off or through loan forgiveness. Workouts are often created to avoid bankruptcy or foreclosure proceedings.

COSIGNER

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for t... (more...)

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for the loan or debt. Many people use cosigners to qualify for a loan or credit card. Landlords may require a cosigner when renting to a student or someone with a poor credit history.

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Hamilton Bankruptcy & Debt Lawyer, Washington, page 2

Sponsored Law Firm

Leavy Schultz Davis, P.S.

SPONSORED LAWYERS

Christine S Ybarra

Deborah Kay Flick

Diane M Mills

Jean A. Crandall

John Graham Kamb

John Thomas Burke

Julie M. Dixon

Karen F Ashley

Karen Lynn Mullen

Kari Anne Pittenridge

TIPS

LEGAL TERMS

SOLE PROPRIETORSHIP

DISPOSABLE INCOME

CHAPTER 7 BANKRUPTCY

ABUSE

SUBROGATION

FRATERNAL BENEFIT SOCIETY BENEFITS

TOXIC TORT

WORKOUT

COSIGNER

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