Mercer Island Bankruptcy & Debt Lawyer, Washington, page 3

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Jason Newcombe
About Us | Services
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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Sukhvinder Kaur Awla

Civil Rights, Insurance, Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 17 Years

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Bellevue, WA 98015

Aaron Michael Streit

International Other, Immigration, Corporate, Commercial Bankruptcy

Status: In Good Standing Licensed: 15 Years

CONTACT

Bellevue, WA 98015

Sam Tang

Employment Discrimination, Contract, Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 16 Years

CONTACT

12020 Se 60Th St, Bellevue, WA 98006

Horace Lee

Environmental Law Other, Workers' Compensation, Insurance, Collection

Status: In Good Standing

CONTACT

9832 60Th Ave S, Seattle, WA 98118

Anessa Ellen Novasio

Labor Law, Employment Discrimination, Family Law, Bankruptcy

Status: In Good Standing Licensed: 54 Years

CONTACT

3815 S Othello St, Seattle, WA 98118

D. Benjamin Lee

Contract, Land Use & Zoning, Commercial Bankruptcy, Immigration

Status: In Good Standing Licensed: 40 Years

CONTACT

1300 114Th Ave Se, Bellevue, WA 98004

Dorothy Euikyung Kim

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

Status: In Good Standing Licensed: 12 Years

CONTACT

12600 Se 38Th St, Bellevue, WA 98006

Patricia Marie Petersen

Commercial Real Estate, Labor Law, Corporate, Commercial Bankruptcy

Status: In Good Standing Licensed: 34 Years

CONTACT

506 Lakeside Ave S, Seattle, WA 98144

Andrew Brownell Kingston

International Other, Corporate, Banking & Finance, Commercial Bankruptcy

Status: In Good Standing Licensed: 37 Years

CONTACT

506 Lakeside Ave S, Seattle, WA 98144

Michael Ryan Beers

Securities, Commercial Bankruptcy, Corporate, Business & Trade

Status: In Good Standing Licensed: 19 Years

CONTACT

Bellevue, WA 98009

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.

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.

CHAPTER 13 BANKRUPTCY

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your inc... (more...)

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your income to pay all or a portion of the debts over three to five years. The minimum amount you must pay is roughly equal to the value of your nonexempt property. In addition, you must pledge your disposable net income -- after subtracting reasonable expenses -- for the period during which you are making payments. At the end of the three-to five-year period, the balance of what you owe on most debts is erased.

CCCS

See Consumer Credit Counseling Service.

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.

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.

COLLECTION AGENCY

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the d... (more...)

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the debt themselves, typically through letters (called 'dunning' letters) and telephone calls. Collection agencies are regulated by the federal Fair Debt Collection Practices Act. Unfortunately, too many collectors ignore this law.

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.

401(K) PLAN

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income ... (more...)

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income taxes on the amount invested and any earnings are due until the employee withdraws money from the fund.

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Mercer Island Bankruptcy & Debt Lawyer, Washington, page 3

Sponsored Law Firm

Washington Law Group, PLLC

SPONSORED LAWYERS

Sukhvinder Kaur Awla

Aaron Michael Streit

Sam Tang

Horace Lee

Anessa Ellen Novasio

D. Benjamin Lee

Dorothy Euikyung Kim

Patricia Marie Petersen

Andrew Brownell Kingston

Michael Ryan Beers

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LEGAL TERMS

FRAUDULENT TRANSFER

DOING BUSINESS AS (DBA)

CHAPTER 13 BANKRUPTCY

CCCS

C CORPORATION

PRIORITY DEBT

COLLECTION AGENCY

GARNISHMENT

401(K) PLAN

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