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Minh T. Tran
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Arrow Law Group, PLLC
1904 3rd Ave., Ste 930, Seattle, WA 98101 » view map
King County Bankruptcy Lawyer
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Arrow Law Group works together to devote their practice to helping people resolve issues related to debts, personal injury, family law, criminal defense, and immigration.

800-821-3170
1. Minh T. Tran Seattle, WA
  Attorney At Law - WA, 2009
  Michigan State, J.D.
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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

John Anton Sterbick

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Accident & Injury, Bankruptcy & Debt, Tax, Car Accident, Bankruptcy

For over 22 years, John A. Sterbick has been dedicated to providing thorough and experienced legal advice. Here at the Law Offices of John A. Sterbick... (more)

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800-878-4860

1010 South I Street, Tacoma, WA 98405

Daniel R. Whitmore

Consumer Protection, Bad Faith Insurance, Antitrust, Bankruptcy

Status: In Good Standing

FREE CONSULTATION

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1711 West Nickerson Street, Seattle, WA 98119

Jeffrey Bruce Wells

Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

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500 Union Street, Seattle, WA 98101

Stephen Garvey

Consumer Bankruptcy, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

7100 Evergreen Way, Everett, WA 98203

Jeffrey C. Wishko

Complex Litigation, Cleanup & Superfund, Collective Bargaining, Bankruptcy Litigation

Status: In Good Standing

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2918 Colby Avenue, Everett, WA 98201

Andrew O. Carrington

Wills & Probate, Contract, Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 34 Years

CONTACT

500 Union St, Seattle, WA 98101

Jason Ellis Anderson

Foreclosure, International Tax, Consumer Protection, Credit & Debt, Bankruptcy

Status: In Good Standing Licensed: 22 Years

CONTACT

20935 6th Ave S, Seattle, WA 98198

Mona Smith

Litigation, Estate Planning, Business & Trade, Commercial Bankruptcy

Status: In Good Standing Licensed: 40 Years

CONTACT

500 Union St, Seattle, WA 98101

Noel Christopher Howe

Intellectual Property, Corporate, Contract, Commercial Bankruptcy

Status: In Good Standing Licensed: 29 Years

CONTACT

801 2Nd Ave, Seattle, WA 98104

Samantha Ann Schmidt

Status: In Good Standing Licensed: 22 Years

CONTACT

113 Cherry St, Seattle, WA 98104

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.

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.

UNDUE HARDSHIP

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in t... (more...)

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in the future to pay off the loan may be able to show that repayment would be an undue hardship.

REDEMPTION

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump s... (more...)

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump sum. For example, a debtor may redeem a car note by paying the lender the amount a retail vendor would charge for the car, considering its age and condition.

CREDIT INSURANCE

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay o... (more...)

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay off the remaining balance. Federal and state consumer protection laws require the lender to disclose to existing and potential borrowers the terms and costs of obtaining credit insurance because it can affect the terms of the loan.

DOING BUSINESS AS (DBA)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or ... (more...)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or similar document with the appropriate agency -- for example, the county clerk. This enables consumers to discover the names of the business owners, which is important if a consumer needs to sue the business.

FORBEARANCE

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily ... (more...)

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily postponing or reducing the borrower's payments.

TRADE NAME

The official name of a business, the one it uses on its letterhead and bank account when not dealing with consumers.

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.

SAMPLE LEGAL CASES

Miller v. Campbell

... OWENS, J. Â¶ 1 We originally granted review of this case to determine whether judicial estoppel should apply to prevent a plaintiff from pursuing a claim of childhood sexual abuse after he failed to disclose the claim as an asset in prior chapter 7 bankruptcy proceedings. ...

Baldwin v. Silver

... SWEENEY, J. Â¶ 1 The equitable doctrine of judicial estoppel precludes, among other things, a party from later asserting a claim that it failed to list in bankruptcy schedules. ... 172 Â¶ 4 The Silvers filed for chapter 7 bankruptcy in February 2007. ...

Krueger v. Tippett

... 3 The Kruegers filed for bankruptcy in 1981. In 1985, the bankruptcy trustee entered into an agreement with the Tippetts. The agreement abandoned the bankruptcy estate's interest in the life insurance policy and some other Krueger assets. ...

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Seattle Bankruptcy Lawyer, Washington

Sponsored Law Firm

Arrow Law Group, PLLC

SPONSORED LAWYERS

John Anton Sterbick

Daniel R. Whitmore

Jeffrey Bruce Wells

Stephen Garvey

Jeffrey C. Wishko

Andrew O. Carrington

Jason Ellis Anderson

Mona Smith

Noel Christopher Howe

Samantha Ann Schmidt

TIPS

LEGAL TERMS

S CORPORATION

LIMITED PARTNERSHIP

UNDUE HARDSHIP

REDEMPTION

CREDIT INSURANCE

DOING BUSINESS AS (DBA)

FORBEARANCE

TRADE NAME

SETOFF

SAMPLE LEGAL CASES

Miller v. Campbell

Baldwin v. Silver

Krueger v. Tippett

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