Mossyrock Bankruptcy & Debt Lawyer, Washington, page 5

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Jason Newcombe
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Washington Law Group, PLLC
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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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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

James Randall

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

Status: In Good Standing Licensed: 24 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

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

Jonathan Alexander Sprouffske

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

Status: In Good Standing

CONTACT

825 5Th Ave Se, Olympia, WA 98501

Jill Elder

Child Custody, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

920 5th Ave, Seattle, WA 98104

Christopher Taylor

Litigation, Civil Rights, Administrative Law, Commercial Bankruptcy

Status: In Good Standing

CONTACT

203 4Th Ave E, Olympia, WA 98501

Loren Kiser

Landlord-Tenant, Civil Rights, Corporate, Collection

Status: In Good Standing Licensed: 27 Years

CONTACT

120 State Ave Ne, Olympia, WA 98501

Jennie Patton

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

Status: In Good Standing Licensed: 29 Years

CONTACT

2018 Caton Way Sw, Olympia, WA 98502

Jill Elaine Collins

Consumer Bankruptcy

Status: In Good Standing Licensed: 26 Years

CONTACT

521 Union Ave Se, Olympia, WA 98501

800-923-0641

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LEGAL TERMS

GENERAL PARTNER

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the... (more...)

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the business's debts and obligations. A general partner's actions can legally bind the entire business. See also partnership, limited partnership.

FRATERNAL BENEFIT SOCIETY BENEFITS

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal socie... (more...)

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal societies that provide benefits. Also called benefit society, benevolent society or mutual aid association benefits. Under bankruptcy laws, these benefits are virtually always considered exempt property.

ACCORD AND SATISFACTION

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collectin... (more...)

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collecting as much money as they can from debtors who cannot pay the full amount.

DISCHARGE (OF DEBTS)

A bankruptcy court's erasure of the debts of a person or business that has filed for bankruptcy.

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.

SECURED DEBT

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collater... (more...)

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collateral, to satisfy the debt if you default. Compare unsecured debt.

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).

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.

SETOFF

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a countercl... (more...)

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a counterclaim filed by a defendant in a lawsuit. Banks may try to exercise a setoff by taking money out of a deposit account to satisfy past due payments on a loan or credit card bill. Such an act is illegal under most circumstances.

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Mossyrock Bankruptcy & Debt Lawyer, Washington, page 5

Sponsored Law Firm

Washington Law Group, PLLC

SPONSORED LAWYERS

Stephen Jacob Bean

James Randall

Mark L. B. Wheeler

Mary C. Lobdell

Jonathan Alexander Sprouffske

Jill Elder

Christopher Taylor

Loren Kiser

Jennie Patton

Jill Elaine Collins

TIPS

LEGAL TERMS

GENERAL PARTNER

FRATERNAL BENEFIT SOCIETY BENEFITS

ACCORD AND SATISFACTION

DISCHARGE (OF DEBTS)

WINDING UP

SECURED DEBT

CREDIT REPORT

FAIR LABOR STANDARDS ACT (FLSA)

SETOFF

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