Nordland Bankruptcy & Debt Lawyer, Washington, page 2

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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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John Frederick Rodda

Employment Discrimination, Business & Trade, Commercial Bankruptcy, Electronic Commerce

Status: Deceased Licensed: 51 Years

CONTACT

22841 Singingwood Pl Ne, Kingston, WA 98346

Alan E. Millet

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

Status: In Good Standing

CONTACT

Sequim, WA 98382

William Jeffrey Davis

Estate Planning, Civil Rights, Corporate, Collection

Status: In Good Standing Licensed: 43 Years

CONTACT

Sequim, WA 98382

John Steven Peterson

Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 41 Years

CONTACT

Kingston, WA 98346

David Alan Roberts

Elder Law, Corporate, Credit & Debt, Personal Injury

Status: In Good Standing Licensed: 30 Years

CONTACT

Kingston, WA 98346

Charles M. Greenberg

Construction, Civil Rights, Contract, Collection

Status: In Good Standing

CONTACT

21612 Chinook Rd, Edmonds, WA 98020

Donald Tesch

Bankruptcy, Bankruptcy & Debt, Real Estate, Commercial Real Estate

Status: In Good Standing

CONTACT

126 3rd Ave S, Edmonds, WA 98020

Kimberly Jean Macleod

Immigration, Credit & Debt, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

126 3Rd Ave S, Edmonds, WA 98020

Eugene Nelson Bolin

Litigation, Consumer Bankruptcy, Personal Injury, Malpractice

Status: In Good Standing Licensed: 44 Years

CONTACT

144 Railroad Ave, Edmonds, WA 98020

Donald Temple Tesch

Immigration, Bankruptcy, Bankruptcy & Debt, Real Estate

Status: In Good Standing Licensed: 45 Years

CONTACT

126 3Rd Ave S, Edmonds, WA 98020

800-923-0641

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LEGAL TERMS

SOLE PROPRIETORSHIP

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, m... (more...)

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, meaning that business profits are reported and taxed on the owner's personal tax return. Setting up a sole proprietorship is cheap and easy since no legal formation documents need be filed with any governmental agency (although tax registration and other permit and license requirements may still apply). Once you file a fictitious name statement (assuming you don't use your own name) and obtain any required basic tax permits and business licenses, you'll be in business. The main downside of a sole proprietorship is that its owner is personally liable for all business debts.

CCCS

See Consumer Credit Counseling Service.

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.

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).

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.

MEANS TEST

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income ... (more...)

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income for his or her state should be allowed to file for Chapter 7 bankruptcy.

LIMITED PARTNERSHIP

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner ... (more...)

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner or partners (called general partners) have unlimited personal liability. The key difference between a general and limited partner concerns management decision making--general partners run the business, and limited partners, who are usually passive investors, are not allowed to make day-to-day business decisions. If they do, they risk being treated as general partners with unlimited personal liability.

NONEXEMPT PROPERTY

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typicall... (more...)

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typically includes valuable clothing (furs) and electronic equipment, an expensive car that's been paid off and most of the equity in your house. Compare exempt property.

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.

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Nordland Bankruptcy & Debt Lawyer, Washington, page 2

Sponsored Law Firm

Leavy Schultz Davis, P.S.

SPONSORED LAWYERS

John Frederick Rodda

Alan E. Millet

William Jeffrey Davis

John Steven Peterson

David Alan Roberts

Charles M. Greenberg

Donald Tesch

Kimberly Jean Macleod

Eugene Nelson Bolin

Donald Temple Tesch

TIPS

LEGAL TERMS

SOLE PROPRIETORSHIP

CCCS

SETOFF

CREDIT REPORT

SECURED DEBT

MEANS TEST

LIMITED PARTNERSHIP

NONEXEMPT PROPERTY

NUISANCE FEES

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