Heisson Bankruptcy & Debt Lawyer, Washington, page 3

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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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Susanne Ruiz Rodriguez

Landlord-Tenant, Defect and Lemon Law, Lawsuit, Contract, Bankruptcy & Debt

Status: In Good Standing Licensed: 25 Years

CONTACT

532 Ne 3Rd Ave, Camas, WA 98607

Anna Hoest Waendelin

Consumer Bankruptcy, Bankruptcy, Bankruptcy & Debt, Contract

Status: In Good Standing Licensed: 34 Years

CONTACT

440 Ne 5Th Ave, Camas, WA 98607

Deborah Jacobs Nagano

Real Estate, Family Law, Credit & Debt, Bankruptcy

Status: In Good Standing Licensed: 47 Years

CONTACT

1187 Nw 10Th Ave, Camas, WA 98607

Laura Elizabeth Hazen

Commercial Real Estate, Estate Planning, Business & Trade, Commercial Bankruptcy

Status: In Good Standing

CONTACT

723 NE 4th Ave, Camas, WA 98607

Joy E. Zimmerman

Commercial Bankruptcy, Commercial Real Estate, Insurance, Personal Injury

Status: Inactive Licensed: 18 Years

CONTACT

4615 Nw 11Th Cir, Camas, WA 98607

Gretchen Kristen Curran

Litigation, Patent, Intellectual Property, Bankruptcy

Status: In Good Standing Licensed: 18 Years

CONTACT

5213 Nw 17Th Cir, Camas, WA 98607

Mark Edward Brubaker

Estate, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 27 Years

CONTACT

3250 Nw 20Th Cir, Camas, WA 98607

Joy D Temple

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: Inactive Licensed: 62 Years

CONTACT

2936 Nw Conrad Ct, Camas, WA 98607

Carrie J Peebles

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: Inactive Licensed: 79 Years

CONTACT

1323 Nw 32Nd Ave, Camas, WA 98607

Linda L. Fitz

Commercial Bankruptcy, Commercial Real Estate, Banking & Finance, Real Estate

Status: Inactive Licensed: 21 Years

CONTACT

19420 Se 20Th St, Camas, WA 98607

800-923-0641

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LEGAL TERMS

INTEREST

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to ... (more...)

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to your balance. This means that if your loan or credit line has an interest rate of 8%, the holder adds 8% to the balance each year. More specifically, interest is calculated and added to your loan or credit line through a process called compounding. If interest is compounded daily, the balance will rise by 1/365th of 8% each day. If interest is compounded monthly, the balance will rise 1/12th of 8% at the start of each month.

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemp... (more...)

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemptible because it has been damaged or destroyed.

MEETING OF CREDITORS

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a f... (more...)

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a few questions. In a Chapter 7, the meeting of creditors lasts a few minutes and rarely do any creditors show up. In a Chapter 13 bankruptcy, one or two creditors may attend, especially if they disagree with some provision of your repayment plan.

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.

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.

NUISANCE FEES

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fe... (more...)

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fees, inactivity fees and fees for not carrying a balance from month to month. It's best to shop around and get rid of cards that have these fees attached.

GUARANTOR

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. T... (more...)

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. The guarantor gives a 'guaranty,' which is an assurance that the debt or other obligation will be fulfilled.

CREDIT FILE

See credit report.

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.

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Heisson Bankruptcy & Debt Lawyer, Washington, page 3

Sponsored Law Firm

Leavy Schultz Davis, P.S.

SPONSORED LAWYERS

Susanne Ruiz Rodriguez

Anna Hoest Waendelin

Deborah Jacobs Nagano

Laura Elizabeth Hazen

Joy E. Zimmerman

Gretchen Kristen Curran

Mark Edward Brubaker

Joy D Temple

Carrie J Peebles

Linda L. Fitz

TIPS

LEGAL TERMS

INTEREST

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

MEETING OF CREDITORS

PRIORITY DEBT

FRAUDULENT TRANSFER

NUISANCE FEES

GUARANTOR

CREDIT FILE

S CORPORATION

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