Methow 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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2. Email
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Lyle Beecher Higgins

General Practice

Status: Suspended Licensed: 84 Years

CONTACT

Chelan, WA 98816

Robert A. Hildie

General Practice

Status: In Good Standing Licensed: 24 Years

CONTACT

11155 Railroad Creek, Chelan, WA 98816

Lisa M Larrick

Estate, Divorce & Family Law

Status: In Good Standing Licensed: 18 Years

CONTACT

2216 W Prospect St, Chelan, WA 98816

Mark Emerson Hodges

Foreclosure, International Tax, Electronic Commerce, Corporate

Status: In Good Standing Licensed: 39 Years

CONTACT

312 E Trow Ave, Chelan, WA 98816

Linda J Candler

General Practice

Status: Inactive Licensed: 41 Years

CONTACT

246 W Manson Hwy, Chelan, WA 98816

David H. Cook

Real Estate, Traffic, Social Security, Divorce & Family Law

Status: In Good Standing Licensed: 37 Years

CONTACT

126 Grandview Ln, Chelan, WA 98816

David H. Cook

Construction, Copyright, Employment Discrimination, Corporate

Status: In Good Standing Licensed: 37 Years

CONTACT

126 Grandview Ln, Chelan, WA 98816

David H. Cook

Corporate, Elder Law, Estate Planning, Real Estate

Status: In Good Standing

CONTACT

126 Grandview Ln, Chelan, WA 98816

Robert Anthony Castrodale

Real Estate, Traffic, Lawsuit & Dispute, Immigration

Status: In Good Standing Licensed: 60 Years

CONTACT

203 E Highland Ave, Chelan, WA 98816

James Vincent Garrison

Employee Rights

Status: In Good Standing Licensed: 22 Years

CONTACT

2314 W High St, Chelan, WA 98816

800-923-0641

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LEGAL TERMS

S CORPORATION

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status fro... (more...)

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status from the Internal Revenue Service. Electing to do business as an S corporation lets shareholders enjoy limited liability status, as would be true of any corporation, but be taxed like a partnership or sole proprietor. That is, instead of being taxed as a separate entity (as would be the case with a regular or C corporation) an S corporation is a pass-through tax entity: income taxes are reported and paid by the shareholders, not the S corporation. To qualify as an S corporation a number of IRS rules must be met, such as a limit of 75 shareholders and citizenship requirements.

BANKRUPTCY TRUSTEE

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is t... (more...)

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is to gather the debtor's nonexempt property, liquidate it and distribute it proportionally to her creditors. In a Chapter 13 case, the trustee's role is to receive the debtor's monthly payments and distribute them proportionally to her creditors.

LIQUIDATING PARTNER

The member of an insolvent or dissolving partnership responsible for paying the debts and settling the accounts of the partnership.

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.

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.

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.

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.

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.

WINDING UP

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, a... (more...)

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, all with the ultimate goal of liquidating or closing down a corporation or partnership.

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Methow Bankruptcy & Debt Lawyer, Washington, page 3

Sponsored Law Firm

Leavy Schultz Davis, P.S.

SPONSORED LAWYERS

Lyle Beecher Higgins

Robert A. Hildie

Lisa M Larrick

Mark Emerson Hodges

Linda J Candler

David H. Cook

David H. Cook

David H. Cook

Robert Anthony Castrodale

James Vincent Garrison

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LEGAL TERMS

S CORPORATION

BANKRUPTCY TRUSTEE

LIQUIDATING PARTNER

C CORPORATION

DISCHARGEABLE DEBTS

CHAPTER 7 BANKRUPTCY

FAIR LABOR STANDARDS ACT (FLSA)

WORKOUT

WINDING UP

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