Matlock Bankruptcy & Debt Lawyer, Washington, page 4

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Jason Newcombe
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Washington Law Group, PLLC
Proudly Serving The Greater Puget Sound RegionÂ» 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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Christopher Taylor

Litigation, Civil Rights, Administrative Law, Commercial Bankruptcy

Status: In Good Standing

CONTACT

203 4Th Ave E, Olympia, WA 98501

Mary C. Lobdell

Federal Appellate Practice, Administrative Law, Collection, Legal Malpractice

Status: In Good Standing Licensed: 36 Years

CONTACT

2100 Evergreen Park Dr Sw, Olympia, WA 98504

Jon Michael Anthony

Landlord-Tenant, Estate Planning, Business & Trade, Commercial Bankruptcy

Status: Deceased Licensed: 42 Years

CONTACT

2938 Limited Ln Nw, Olympia, WA 98502

Stephen Jacob Bean

Dispute Resolution, Employment Discrimination, Business & Trade, Commercial Bankruptcy

Status: In Good Standing Licensed: 59 Years

CONTACT

910 Lakeridge Way Sw, Olympia, WA 98502

Mark L. B. Wheeler

Landlord-Tenant, Estate Planning, Business & Trade, Commercial Bankruptcy

Status: In Good Standing Licensed: 36 Years

CONTACT

910 Lakeridge Way Sw, Olympia, WA 98502

James Randall

Land Use & Zoning, Foreclosure, Contract, Credit & Debt

Status: In Good Standing Licensed: 24 Years

CONTACT

910 Lakeridge Way Sw, Olympia, WA 98502

Steven P. Weinberg

Bankruptcy, Bankruptcy & Debt, Personal Injury, Accident & Injury

Status: Inactive Licensed: 46 Years

CONTACT

324 West Bay Dr Nw, Olympia, WA 98502

Brian Michael Barnes

Estate Planning, Family Law, Criminal, Bankruptcy

Status: In Good Standing Licensed: 29 Years

CONTACT

324 W Bay Dr Nw, Olympia, WA 98502

Heather T Christenson

Land Use & Zoning, Life & Health, Corporate, Commercial Bankruptcy

Status: In Good Standing Licensed: 26 Years

CONTACT

324 W Bay Dr Nw, Olympia, WA 98502

Jonathan Alexander Sprouffske

Landlord-Tenant, Estate Planning, Contract, Credit & Debt

Status: In Good Standing

CONTACT

825 5Th Ave Se, Olympia, WA 98501

800-923-0641

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LEGAL TERMS

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.

MEANS TEST

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income ... (more...)

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income for his or her state should be allowed to file for Chapter 7 bankruptcy.

C CORPORATION

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S c... (more...)

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S corporation, whose profits are passed through to shareholders and taxed on their personal returns under subchapter S of the Internal Revenue Code.

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.

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.

GARNISHMENT

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if ... (more...)

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if she loses a lawsuit filed by the creditor. Up to 25% of a person's wages can be deducted.

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 13 PLAN

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to ... (more...)

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to pay all mandatory debts -- for example, back child support, taxes, and mortgage arrearages -- as well as some or all unsecured, nonpriority debts, such as medical and credit card bills.

REDEMPTION

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump s... (more...)

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump sum. For example, a debtor may redeem a car note by paying the lender the amount a retail vendor would charge for the car, considering its age and condition.

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Matlock Bankruptcy & Debt Lawyer, Washington, page 4

Sponsored Law Firm

Washington Law Group, PLLC

SPONSORED LAWYERS

Christopher Taylor

Mary C. Lobdell

Jon Michael Anthony

Stephen Jacob Bean

Mark L. B. Wheeler

James Randall

Steven P. Weinberg

Brian Michael Barnes

Heather T Christenson

Jonathan Alexander Sprouffske

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LEGAL TERMS

FRAUDULENT TRANSFER

MEANS TEST

C CORPORATION

CHAPTER 7 BANKRUPTCY

MEETING OF CREDITORS

GARNISHMENT

LIMITED LIABILITY

CHAPTER 13 PLAN

REDEMPTION

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