Matlock Bankruptcy & Debt Lawyer, Washington, page 4

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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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Glenda Moore

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: Inactive Licensed: 58 Years

CONTACT

7681 Ne North Shore Rd, Belfair, WA 98528

Shaun Watchie Perry

Land Use & Zoning, Corporate, Contract, Commercial Bankruptcy

Status: In Good Standing

CONTACT

Grapeview, WA 98546

Michael George Gusa

Landlord-Tenant, Real Estate, Collection, Bankruptcy

Status: In Good Standing

FREE CONSULTATION

CONTACT

1700 Cooper Point Road S.W., Olympia, WA 98502

Kathryn M. Oien

Commercial Bankruptcy, Commercial Real Estate, Federal, Real Estate

Status: Inactive Licensed: 40 Years

CONTACT

6741 Se Arcadia Rd, Shelton, WA 98584

Michael D. Bohannon

Foreclosure, Contract, Banking & Finance, Credit & Debt

Status: In Good Standing Licensed: 40 Years

CONTACT

6441 Ne North Shore Rd, Belfair, WA 98528

Stan Brazington

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: Inactive Licensed: 54 Years

CONTACT

4032 Forest Park St Nw, Olympia, WA 98502

Douglas Dunbar Walsh

Litigation, Civil Rights, Administrative Law, Consumer Bankruptcy

Status: In Good Standing Licensed: 44 Years

CONTACT

7310 Steamboat Island Rd Nw, Olympia, WA 98502

Charles R Houle

Family Law, Civil Rights, Contract, Bankruptcy

Status: In Good Standing Licensed: 25 Years

CONTACT

Belfair, WA 98528

Pam M Hodgen

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: Inactive Licensed: 81 Years

CONTACT

5017 Ne North Shore Rd, Belfair, WA 98528

Colleen M. Reamer

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: In Good Standing Licensed: 54 Years

CONTACT

Belfair, WA 98528

800-923-0641

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LEGAL TERMS

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.

NONPROFIT CORPORATION

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or f... (more...)

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or for some public purpose (such as a hospital, environmental organization or literary society). Nonprofit corporations, despite the name, can make a profit, but the business cannot be designed primarily for profit-making purposes, and the profits must be used for the benefit of the organization or purpose the corporation was created to help. When a nonprofit corporation dissolves, any remaining assets must be distributed to another nonprofit, not to board members. As with for-profit corporations, directors of nonprofit corporations are normally shielded from personal liability for the organization's debts. Some nonprofit corporations qualify for a federal tax exemption under _ 501(c)(3) of the Internal Revenue Code, with the result that contributions to the nonprofit are tax deductible by their donors.

LIABILITY

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pi... (more...)

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pipe bursts the day after Paul installs it, ruining the bathroom floor. This raises the issue of liability: Who is responsible for the damage? Peri claims that Paul is responsible, and sues him for the cost of hiring another plumber to fix the pipe and replacing the floor. Paul, in turn, claims that the pipe manufacturer is responsible, because they supplied him with faulty materials. Both Peri and Paul must prove their claims in court; if Paul and/or the manufacturer is found liable, one or both will have to pay damages to Peri. (2) Something for which a person is liable. For example, a debt is often called a liability.

FORBEARANCE

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily ... (more...)

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily postponing or reducing the borrower's payments.

DOING BUSINESS AS (DBA)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or ... (more...)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or similar document with the appropriate agency -- for example, the county clerk. This enables consumers to discover the names of the business owners, which is important if a consumer needs to sue the business.

CREDIT REPORT

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you m... (more...)

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you make the payments on time, as well as personal history, such as your former addresses, employment record and lawsuits in which you have been involved. An estimated 50% of all credit reports contain errors, such as accounts that don't belong to you, an incorrect account status or information reported that is older than seven years (ten years in the case of a bankruptcy).

DEBT COLLECTOR

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe... (more...)

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe. Debt collectors can be relentless, often using scare tactics, humiliation and repeated phone calls to extract payments or promises to pay.

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.

TRUTH IN LENDING ACT (TILA)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disc... (more...)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disclose the terms of a loan, including the total amount of the loan, the annual interest rate and the number, amount and due dates of all payments necessary to repay the loan. The TILA requires additional disclosures and places many restrictions on mortgages.

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Matlock Bankruptcy & Debt Lawyer, Washington, page 4

Sponsored Law Firm

Leavy Schultz Davis, P.S.

SPONSORED LAWYERS

Glenda Moore

Shaun Watchie Perry

Michael George Gusa

Kathryn M. Oien

Michael D. Bohannon

Stan Brazington

Douglas Dunbar Walsh

Charles R Houle

Pam M Hodgen

Colleen M. Reamer

TIPS

LEGAL TERMS

REDEMPTION

NONPROFIT CORPORATION

LIABILITY

FORBEARANCE

DOING BUSINESS AS (DBA)

CREDIT REPORT

DEBT COLLECTOR

WORKOUT

TRUTH IN LENDING ACT (TILA)

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