Sammamish 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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Jennifer Delgrosso Gore

Federal, Business & Trade, Contract, Commercial Bankruptcy

Status: In Good Standing Licensed: 20 Years

CONTACT

16934 Se 47Th St, Bellevue, WA 98006

Hector E Quiroga

Immigration, Family Law, Divorce & Family Law, Bankruptcy, Personal Injury

Status: In Good Standing

CONTACT

16760 SE 58th Pl, Bellevue, WA 98006

Shona Catriona Smith

International Other, Securities, Corporate, Commercial Bankruptcy

Status: In Good Standing Licensed: 21 Years

CONTACT

4450 163Rd Pl Se, Bellevue, WA 98006

Lacey Alynn Noel

Immigration, Civil Rights, Contract, Credit & Debt

Status: In Good Standing Licensed: 22 Years

CONTACT

2018 156Th Ave Ne, Bellevue, WA 98007

Henry James Corscadden

Business & Trade, Corporate, Administrative Law, Commercial Bankruptcy

Status: In Good Standing Licensed: 36 Years

CONTACT

4957 Lakemont Blvd Se, Bellevue, WA 98006

Jung-Ock Shin Starrett

Intellectual Property, Corporate, Contract, Consumer Bankruptcy

Status: Inactive Licensed: 19 Years

CONTACT

5640 173Rd Ave Se, Bellevue, WA 98006

Christina Carmichael

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: Inactive Licensed: 10 Years

CONTACT

15934 SE 41st Pl, Bellevue, WA 98006

Sarah Kung

Commercial Bankruptcy, Environmental Law Other, Real Estate, Commercial Real Estate

Status: In Good Standing Licensed: 54 Years

CONTACT

12504 Se 54Th St, Bellevue, WA 98006

Sherri L. Austin

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: Suspended Licensed: 90 Years

CONTACT

3326 160Th Avenue Se, Bellevue, WA 98008

Sandra L. Duffin

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: Suspended Licensed: 83 Years

CONTACT

2218 166Th Pl Ne, Bellevue, WA 98008

800-923-0641

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LEGAL TERMS

SECRET WARRANTY PROGRAM

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid... (more...)

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid a recall and the accompanying bad press. Secret warranties are rarely advertised by the manufacturer, so consumers must pursue the manufacturer to discover and take advantage of them. A few states require manufacturers to notify car buyers when they adopt secret warranty programs.

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.

LIQUIDATING PARTNER

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

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.

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.

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.

DEFINED CONTRIBUTION PLAN

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount ... (more...)

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount every month, or every year, for each employee. The employer usually pays a fixed percentage of an employee's wages or salary, although sometimes the amount is a fraction of the company's profits, with the size of each employee's pension share depending on the amount of wage or salary. Upon retirement, each employee's pension is determined by how much was contributed to the fund on behalf of that employee over the years, plus whatever earnings that money has accumulated as part of the investments of the entire pension fund.

PRESUMED ABUSE

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means te... (more...)

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means test, the court will presume that the debtor has sufficient income to fund a Chapter 13 plan. In this situation, the debtor will not be allowed to proceed with a Chapter 7 bankruptcy unless the debtor can prove that he or she is not abusing the Chapter 7 bankruptcy remedy.

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Sammamish Bankruptcy & Debt Lawyer, Washington, page 2

Sponsored Law Firm

Leavy Schultz Davis, P.S.

SPONSORED LAWYERS

Jennifer Delgrosso Gore

Hector E Quiroga

Shona Catriona Smith

Lacey Alynn Noel

Henry James Corscadden

Jung-Ock Shin Starrett

Christina Carmichael

Sarah Kung

Sherri L. Austin

Sandra L. Duffin

TIPS

LEGAL TERMS

SECRET WARRANTY PROGRAM

BULK SALES LAW

LIQUIDATING PARTNER

SECURED DEBT

WINDING UP

FRAUDULENT TRANSFER

CHAPTER 13 BANKRUPTCY

DEFINED CONTRIBUTION PLAN

PRESUMED ABUSE

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