Nooksack Bankruptcy & Debt Lawyer, Washington

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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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Steven C. Hathaway

Real Estate, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

3811 Consolidation Avenue, Bellingham, WA 98227

Judith B. Visser

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: Inactive Licensed: 85 Years

CONTACT

862 Autumn Ln, Bellingham, WA 98229

Nancy Albanese

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: In Good Standing Licensed: 57 Years

CONTACT

1720 Iowa St, Bellingham, WA 98229

Karen Lynn Mullen

Bankruptcy

Status: Inactive Licensed: 46 Years

CONTACT

7 Tumbling Water Dr, Bellingham, WA 98229

Zachary Bryant

Landlord-Tenant, Patent, Immigration, Business, Bankruptcy

Status: In Good Standing Licensed: 13 Years

CONTACT

1200 Old Fairhaven Pkwy, Bellingham, WA 98225

Deborah K. Lee

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: Inactive Licensed: 69 Years

CONTACT

1415 37Th St, Bellingham, WA 98229

Regan Walker Ryan

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: Suspended Licensed: 21 Years

CONTACT

3509 Larrabee Ave, Bellingham, WA 98229

Lynne Dee Derry

Commercial Bankruptcy, Commercial Real Estate, Contract, Estate Planning

Status: Inactive Licensed: 45 Years

CONTACT

191 Polo Park Dr, Bellingham, WA 98229

Oral Shane Balloun

Intellectual Property, Government, Estate, Bankruptcy & Debt

Status: In Good Standing Licensed: 13 Years

CONTACT

355 Harris Ave, Bellingham, WA 98225

O. Shane Balloun

Estate Planning, Civil Rights, Corporate, Credit & Debt

Status: In Good Standing Licensed: 12 Years

CONTACT

355 Harris Ave, Bellingham, WA 98225

800-923-0641

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LEGAL TERMS

BULK SALES LAW

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to ... (more...)

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to conduct a bulk sale of business assets -- that is, get rid of an unusually large amount of inventory, merchandise or equipment -- the business owner must typically publish a notice of the sale and give written notice to creditors. Then, the owner must set up an account to hold the funds from the sale for a brief period of time during which creditors may make claims against the money. The prohibition against bulk sales is spelled out in the Uniform Commercial Code -- and laws modeled on the UCC have been generally adopted throughout the country.

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.

LIMITED LIABILITY

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or ... (more...)

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or a person who invests in a corporation (a shareholder) generally stands to lose only the amount of money invested in the business. This means that if the business folds, creditors cannot seize or sell an owner's home, car, or other personal assets.

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.

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.

NUISANCE FEES

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fe... (more...)

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fees, inactivity fees and fees for not carrying a balance from month to month. It's best to shop around and get rid of cards that have these fees attached.

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.

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.

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.

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Nooksack Bankruptcy & Debt Lawyer, Washington

Sponsored Law Firm

Leavy Schultz Davis, P.S.

SPONSORED LAWYERS

Steven C. Hathaway

Judith B. Visser

Nancy Albanese

Karen Lynn Mullen

Zachary Bryant

Deborah K. Lee

Regan Walker Ryan

Lynne Dee Derry

Oral Shane Balloun

O. Shane Balloun

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LEGAL TERMS

BULK SALES LAW

401(K) PLAN

LIMITED LIABILITY

GENERAL PARTNER

CHAPTER 7 BANKRUPTCY

NUISANCE FEES

LIABILITY

SETOFF

PRIORITY DEBT

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