Sequim Bankruptcy & Debt Lawyer, Washington, page 2

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Jason Newcombe
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Washington Law Group, PLLC
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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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Stacy A. Bradshaw

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: Inactive Licensed: 53 Years

CONTACT

Sequim, WA 98382

Esther Ann Snowden

Elder Law, Land Use & Zoning, Business & Trade, Commercial Bankruptcy

Status: Inactive Licensed: 38 Years

CONTACT

720 E Washington St, Sequim, WA 98382

Erin Edinger

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: Suspended Licensed: 88 Years

CONTACT

133 E Prairie St, Sequim, WA 98382

Charmayne Diane Hurlbut

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: Suspended Licensed: 44 Years

CONTACT

Sequim, WA 98382

Sandra Wilton

Elder Law, Corporate, Credit & Debt, Personal Injury

Status: In Good Standing Licensed: 31 Years

CONTACT

65 Juniper Mobile Est, Sequim, WA 98382

Sean Patrick Butler

Status: In Good Standing Licensed: 19 Years

CONTACT

1400 W Washington St, Sequim, WA 98382

Gail Marie Sumpter

Dispute Resolution, Trusts, Administrative Law, Bankruptcy

Status: Inactive Licensed: 44 Years

CONTACT

383 Riverview Dr, Sequim, WA 98382

Patricia Lee Jackson

Estate Planning, Family Law, Civil Rights, Collection, Divorce

Status: In Good Standing Licensed: 44 Years

CONTACT

Carlsborg, WA 98324

Olivia Anne d'Acquisto

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: Suspended Licensed: 45 Years

CONTACT

Carlsborg, WA 98324

Leland L. Bull

General Practice

Status: In Good Standing Licensed: 57 Years

CONTACT

172 Vistas Dr, Sequim, WA 98382

800-923-0641

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LEGAL TERMS

AUTOMATIC STAY

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities,... (more...)

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities, such as filing or continuing lawsuits, making written requests for payment, or notifying credit reporting bureaus of an unpaid debt.

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.

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.

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.

INFRINGEMENT (OF TRADEMARK)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringeme... (more...)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringement turns on whether the defendant's use causes a likelihood of confusion in the average consumer. If a court determines that the average consumer would be confused, the owner of the original mark can prevent the other's use of the infringing mark and sometimes collect damages.

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.

DEBIT CARD

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can ... (more...)

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can also be used at stores to pay for goods and services in place of a check. Unlike a credit card, a debit card automatically withdraws money from your checking account at the time of the transaction. Debit cards are regulated by the Electronic Funds Transfer Act.

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.

BANKRUPTCY

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are ... (more...)

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are two types of bankruptcies -- liquidation, in which your debts are wiped out (discharged) and reorganization, in which you provide the court with a plan for how you intend to repay your debts. For both consumers and business, liquidation bankruptcy is called Chapter 7. For consumers, reorganization bankruptcy is called Chapter 13. Reorganization bankruptcy for consumers with an extraordinary amount of debt and for businesses is called Chapter 11. Reorganization bankruptcy for family farmers is called Chapter 12.

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Sequim Bankruptcy & Debt Lawyer, Washington, page 2

Sponsored Law Firm

Washington Law Group, PLLC

SPONSORED LAWYERS

Stacy A. Bradshaw

Esther Ann Snowden

Erin Edinger

Charmayne Diane Hurlbut

Sandra Wilton

Sean Patrick Butler

Gail Marie Sumpter

Patricia Lee Jackson

Olivia Anne d'Acquisto

Leland L. Bull

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LEGAL TERMS

AUTOMATIC STAY

CHAPTER 7 BANKRUPTCY

CREDIT INSURANCE

LIABILITY

INFRINGEMENT (OF TRADEMARK)

SOLE PROPRIETORSHIP

DEBIT CARD

PRESUMED ABUSE

BANKRUPTCY

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