Kirkland Bankruptcy & Debt Lawyer, Washington, page 4

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Jason Newcombe
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Washington Law Group, PLLC
10700 Meridian Ave N #108 Seattle, WA 98133Â» view map
Bankruptcy & Debt, Chapter 7, Chapter 13
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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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Gordon Y Hom

Corporate, Personal Injury, Landlord-Tenant, Commercial Bankruptcy

Status: In Good Standing Licensed: 18 Years

CONTACT

Bellevue, WA 98015

John Craddock Coart

Corporate, Estate Planning, Commercial Bankruptcy, Business & Trade

Status: Inactive Licensed: 59 Years

CONTACT

8805 Ne 20Th St, Bellevue, WA 98004

Andrew James Mcconnell

Traffic, Estate Planning, Family Law, Collection

Status: In Good Standing Licensed: 29 Years

CONTACT

1130 140Th Ave Ne, Bellevue, WA 98005

Robert Jindra

Health Care, DUI-DWI, Credit & Debt, Collection

Status: In Good Standing Licensed: 14 Years

CONTACT

Bellevue, WA 98009

David M. Barron

Status: In Good Standing Licensed: 36 Years

CONTACT

929 108Th Ave Ne, Bellevue, WA 98004

Daniel Edward Arildson

Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 30 Years

CONTACT

Bellevue, WA 98015

John Ashley Berry

Electronic Commerce, Business & Trade, Contract, Commercial Bankruptcy

Status: In Good Standing Licensed: 14 Years

CONTACT

3075 112Th Ave Ne, Bellevue, WA 98004

Christine Mcdonnell Coldiron

International Other, Oil & Gas, Corporate, Credit & Debt

Status: In Good Standing Licensed: 14 Years

CONTACT

18 158Th Pl Se, Bellevue, WA 98008

Frederic Paul Vimeux

International Other, Federal, Antitrust, Commercial Bankruptcy

Status: In Good Standing Licensed: 26 Years

CONTACT

1805 136Th Pl Ne, Bellevue, WA 98005

Ryan Marshall Yoke

Collection, Civil Rights, Traffic, Commercial Real Estate

Status: In Good Standing Licensed: 11 Years

CONTACT

1540 140Th Ave Ne, Bellevue, WA 98005

800-923-0641

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LEGAL TERMS

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.

FAIR LABOR STANDARDS ACT (FLSA)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements ... (more...)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements for overtime and places restrictions on child labor.

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.

DISCHARGEABLE DEBTS

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bill... (more...)

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bills and medical bills. Compare nondischargeable debts.

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.

GENERAL PARTNER

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the... (more...)

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the business's debts and obligations. A general partner's actions can legally bind the entire business. See also partnership, limited partnership.

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.

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.

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.

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Kirkland Bankruptcy & Debt Lawyer, Washington, page 4

Sponsored Law Firm

Washington Law Group, PLLC

SPONSORED LAWYERS

Gordon Y Hom

John Craddock Coart

Andrew James Mcconnell

Robert Jindra

David M. Barron

Daniel Edward Arildson

John Ashley Berry

Christine Mcdonnell Coldiron

Frederic Paul Vimeux

Ryan Marshall Yoke

TIPS

LEGAL TERMS

PREFERENCE

FAIR LABOR STANDARDS ACT (FLSA)

SUBROGATION

DISCHARGEABLE DEBTS

FRAUDULENT TRANSFER

GENERAL PARTNER

INTEREST

TOXIC TORT

GUARANTOR

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