Medina 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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John Alfred Long

Contract, Credit & Debt, Commercial Real Estate, Public Finance

Status: In Good Standing Licensed: 54 Years

CONTACT

16626 Ne 19Th Pl, Bellevue, WA 98008

Katrin M Gist

Corporate, Federal, Commercial Bankruptcy, Business & Trade

Status: Inactive Licensed: 99 Years

CONTACT

929 108Th Ave Ne, Bellevue, WA 98004

Michael Ryan Beers

Securities, Commercial Bankruptcy, Corporate, Business & Trade

Status: In Good Standing Licensed: 19 Years

CONTACT

Bellevue, WA 98009

David Paul Williams

Construction, Estate Planning, Corporate, Collection, Real Estate

Status: In Good Standing Licensed: 45 Years

CONTACT

Bellevue, WA 98009

Kimberlee Kay Porter

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: In Good Standing Licensed: 44 Years

CONTACT

11747 Ne 1St St, Bellevue, WA 98005

W. Theodore Vander Wel

Lawsuit, Personal Injury, Employment Discrimination, Collection

Status: In Good Standing

CONTACT

1540 140Th Ave Ne, Bellevue, WA 98005

Rhys Matthew Farren

Land Use & Zoning, Federal, Civil Rights, Credit & Debt

Status: In Good Standing Licensed: 35 Years

CONTACT

929 108Th Ave Ne, Bellevue, WA 98004

Frederic Paul Vimeux

International Other, Federal, Antitrust, Commercial Bankruptcy

Status: In Good Standing Licensed: 26 Years

CONTACT

1805 136Th Pl Ne, Bellevue, WA 98005

Crissa Cugini

Commercial Real Estate, Land Use & Zoning, Business & Trade, Commercial Bankruptcy

Status: In Good Standing Licensed: 39 Years

CONTACT

929 108Th Ave Ne, Bellevue, WA 98004

Andrew S. Brassington

Contract, International Other, Commercial Bankruptcy, Corporate

Status: In Good Standing Licensed: 36 Years

CONTACT

8714 Ne 21St St, Bellevue, WA 98004

800-923-0641

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LEGAL TERMS

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.

ABUSE

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because ... (more...)

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because the debtor appears to have enough disposable income to fund a Chapter 13 repayment plan.

FCBA

See Fair Credit Billing Act.

FAIR CREDIT REPORTING ACT (FCRA)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to a... (more...)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to adopt reasonable procedures for gathering, maintaining and disseminating information and bars credit bureaus from reporting negative information that is older than seven years, except a bankruptcy, which may be reported for ten. If you notify a credit bureau of an error in your credit report, the FCRA requires the bureau to investigate your allegations within 30 days, review all information you provide, remove inaccurate and unverified information and adopt procedures to keep the information from reappearing. In addition, the law requires that creditors refrain from reporting incorrect information to credit bureaus.

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.

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.

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.

TRADE NAME

The official name of a business, the one it uses on its letterhead and bank account when not dealing with consumers.

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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Medina Bankruptcy & Debt Lawyer, Washington, page 3

Sponsored Law Firm

Leavy Schultz Davis, P.S.

SPONSORED LAWYERS

John Alfred Long

Katrin M Gist

Michael Ryan Beers

David Paul Williams

Kimberlee Kay Porter

W. Theodore Vander Wel

Rhys Matthew Farren

Frederic Paul Vimeux

Crissa Cugini

Andrew S. Brassington

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LEGAL TERMS

CHAPTER 13 PLAN

ABUSE

FCBA

FAIR CREDIT REPORTING ACT (FCRA)

PRESUMED ABUSE

PRIORITY DEBT

WORKOUT

TRADE NAME

REDEMPTION

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