Kelso 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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Stewart Dean Feil

Contract, Constitutional Law, Estate Planning, Commercial Bankruptcy

Status: In Good Standing Licensed: 14 Years

CONTACT

Kelso, WA 98626

Cheryl A Chambers

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: Suspended Licensed: 19 Years

CONTACT

362 Maranatha Rd, Kelso, WA 98626

Candy S. Fountain

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: Inactive Licensed: 40 Years

CONTACT

625 Carroll Rd, Kelso, WA 98626

Deanna L Cornelison

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: In Good Standing Licensed: 44 Years

CONTACT

103 Carrolls Ave, Carrolls, WA 98609

Marlene K. Coleman

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: Suspended Licensed: 85 Years

CONTACT

Carrolls, WA 98609

Norman C. Dick

Insurance, Collection, Litigation, Civil Rights

Status: Inactive Licensed: 41 Years

CONTACT

133 Beacon Hill Dr, Longview, WA 98632

Elizabeth Lee Marrs

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: In Good Standing Licensed: 44 Years

CONTACT

1011 Washington Way, Longview, WA 98632

Dannette L. Wicken

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: In Good Standing Licensed: 78 Years

CONTACT

1011 Washington Way, Longview, WA 98632

Shannon Zoe Imboden

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: In Good Standing Licensed: 89 Years

CONTACT

1011 Washington Way, Longview, WA 98632

Deena Louise Dolbey

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: In Good Standing Licensed: 45 Years

CONTACT

1011 Washington Way, Longview, WA 98632

800-923-0641

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LEGAL TERMS

BULK SALES LAW

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to ... (more...)

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to conduct a bulk sale of business assets -- that is, get rid of an unusually large amount of inventory, merchandise or equipment -- the business owner must typically publish a notice of the sale and give written notice to creditors. Then, the owner must set up an account to hold the funds from the sale for a brief period of time during which creditors may make claims against the money. The prohibition against bulk sales is spelled out in the Uniform Commercial Code -- and laws modeled on the UCC have been generally adopted throughout the country.

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.

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.

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.

FCRA

See Fair Credit Reporting Act.

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.

CREDIT FILE

See credit report.

PRESUMED ABUSE

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means te... (more...)

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means test, the court will presume that the debtor has sufficient income to fund a Chapter 13 plan. In this situation, the debtor will not be allowed to proceed with a Chapter 7 bankruptcy unless the debtor can prove that he or she is not abusing the Chapter 7 bankruptcy remedy.

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.

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Kelso Bankruptcy & Debt Lawyer, Washington

Sponsored Law Firm

Leavy Schultz Davis, P.S.

SPONSORED LAWYERS

Stewart Dean Feil

Cheryl A Chambers

Candy S. Fountain

Deanna L Cornelison

Marlene K. Coleman

Norman C. Dick

Elizabeth Lee Marrs

Dannette L. Wicken

Shannon Zoe Imboden

Deena Louise Dolbey

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LEGAL TERMS

BULK SALES LAW

LIMITED LIABILITY

CHAPTER 7 BANKRUPTCY

CURRENT MONTHLY INCOME

FCRA

SETOFF

CREDIT FILE

PRESUMED ABUSE

SUBROGATION

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