Sequim Bankruptcy & Debt Lawyer, Washington

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Jason Newcombe
About Us | Services
Washington Law Group, PLLC
Proudly Serving The Greater Puget Sound RegionÂ» view map
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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Alan E. Millet

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

Status: In Good Standing

CONTACT

Sequim, WA 98382

Cherie Annette Gottschalk

Commercial Bankruptcy, Commercial Real Estate, Family Law, Real Estate

Status: In Good Standing Licensed: 44 Years

CONTACT

473 Towne Rd, Sequim, WA 98382

William Jeffrey Davis

Estate Planning, Civil Rights, Corporate, Collection

Status: In Good Standing Licensed: 43 Years

CONTACT

Sequim, WA 98382

Hugh Haffner

General Practice

Status: Inactive Licensed: 45 Years

CONTACT

Sequim, WA 98382

Paulette M. Waldron

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: In Good Standing Licensed: 28 Years

CONTACT

Sequim, WA 98382

Jessica Lynne Toth

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

Status: In Good Standing Licensed: 44 Years

CONTACT

495 W Spruce St, Sequim, WA 98382

Caitlin Helena Scales

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: Inactive Licensed: 44 Years

CONTACT

230 Rainview Ln, Sequim, WA 98382

Deborah I. Jacobs

Commercial Bankruptcy, Civil Rights, Family Law, Commercial Real Estate

Status: In Good Standing Licensed: 59 Years

CONTACT

495 W Spruce St, Sequim, WA 98382

Dawn L. Fleming

Commercial Bankruptcy, Commercial Real Estate, Labor Law, Intellectual Property

Status: In Good Standing Licensed: 45 Years

CONTACT

495 W Spruce St, Sequim, WA 98382

Sara J. Cole

Commercial Bankruptcy, Commercial Real Estate, Federal, Real Estate

Status: Inactive Licensed: 65 Years

CONTACT

1304 Heath Rd, Sequim, WA 98382

800-923-0641

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LEGAL TERMS

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.

COSIGNER

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for t... (more...)

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for the loan or debt. Many people use cosigners to qualify for a loan or credit card. Landlords may require a cosigner when renting to a student or someone with a poor credit history.

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.

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.

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.

GARNISHMENT

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if ... (more...)

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if she loses a lawsuit filed by the creditor. Up to 25% of a person's wages can be deducted.

C CORPORATION

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S c... (more...)

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S corporation, whose profits are passed through to shareholders and taxed on their personal returns under subchapter S of the Internal Revenue Code.

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.

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Sequim Bankruptcy & Debt Lawyer, Washington

Sponsored Law Firm

Washington Law Group, PLLC

SPONSORED LAWYERS

Alan E. Millet

Cherie Annette Gottschalk

William Jeffrey Davis

Hugh Haffner

Paulette M. Waldron

Jessica Lynne Toth

Caitlin Helena Scales

Deborah I. Jacobs

Dawn L. Fleming

Sara J. Cole

TIPS

LEGAL TERMS

FAIR LABOR STANDARDS ACT (FLSA)

COSIGNER

S CORPORATION

SOLE PROPRIETORSHIP

LIABILITY

SETOFF

GARNISHMENT

C CORPORATION

SECURED DEBT

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