Skykomish Reorganization Lawyer, Washington

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Joyce Heritage

Motor Vehicle, DUI-DWI, Criminal, Credit & Debt
Status:  In Good Standing           

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Donna J Campbell

Traffic, Family Law, Divorce & Family Law, Bankruptcy, Bankruptcy & Debt
Status:  In Good Standing           Licensed:  24 Years

Glenn Bishop

Estate Planning, Family Law, Civil Rights, Collection, Estate
Status:  In Good Standing           Licensed:  16 Years

Patricia Army

General Practice
Status:  In Good Standing           

Joelle Treharne

Commercial Bankruptcy, Commercial Real Estate, Real Estate
Status:  Inactive           Licensed:  56 Years

Roger Edwin Hawkes

Insurance, Bankruptcy, Personal Injury, Employment Discrimination
Status:  In Good Standing           Licensed:  51 Years

Kimberly L Belcher

Commercial Bankruptcy, Commercial Real Estate, Real Estate
Status:  In Good Standing           Licensed:  75 Years

Marcus Morissette

Military, Business & Trade, Corporate, Commercial Bankruptcy
Status:  In Good Standing           Licensed:  28 Years

Lawrence Freeman Brown

International Tax, Estate Planning, Business & Trade, Commercial Bankruptcy
Status:  In Good Standing           Licensed:  35 Years

Cynthia R Kosanke

Commercial Bankruptcy, Commercial Real Estate, Real Estate
Status:  Inactive           Licensed:  56 Years

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Free Help: Use This Form or Call 800-943-8690

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Call me for fastest results!
800-943-8690

Free Help: Use This Form or Call 800-943-8690

By submitting this lawyer request, I confirm I have read and agree to the Consent to Receive Messages from all messaging and voice technologies including Email, Text, Phone, Terms of Use, and Privacy Policy. Information provided is not privileged or confidential.

TIPS

Easily find Skykomish Reorganization Lawyers and Skykomish Reorganization Law Firms. For more attorneys, search all Bankruptcy & Debt areas including Bankruptcy, Collection, Credit & Debt and Workout attorneys.

LEGAL TERMS

PREFERENCE

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commer... (more...)
A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commercial creditors) and within one year for insider creditors (friends, family members, and business associates). Because a preference gives the creditor who received the payment an edge over other creditors in the bankruptcy case, the trustee can recover the preference (the amount of the payment) and distribute it among all of the creditors.

DISCHARGE (OF DEBTS)

A bankruptcy court's erasure of the debts of a person or business that has filed for bankruptcy.

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.

TRADE NAME

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

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.

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.

WORKOUT

A debtor's plan to take care of a debt, by paying it off or through loan forgiveness. Workouts are often created to avoid bankruptcy or foreclosure proceedings.

NO-FAULT INSURANCE

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain ... (more...)
Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain amount, regardless of who was at fault. The effect of no-fault insurance laws is to eliminate lawsuits in small accidents. The advantage is the prompt payment of medical bills and expenses. The downsides are that the amounts paid by no-fault policies are often not enough to fully cover a person's losses and that no-fault does not compensate for pain and suffering.

CHAPTER 13 PLAN

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to ... (more...)
A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to pay all mandatory debts -- for example, back child support, taxes, and mortgage arrearages -- as well as some or all unsecured, nonpriority debts, such as medical and credit card bills.