Snohomish County, WA Bankruptcy & Debt Lawyers, 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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Teri E Johnson

Immigration, Child Custody, Misdemeanor, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

19105 36Th Ave W, Lynnwood, WA 98036

John Tollefsen

Litigation, International, Securities, Bankruptcy

Status: In Good Standing

CONTACT

18225 8Th Pl W, Lynnwood, WA 98037

John Jacob Tollefsen

Litigation, International, Securities, Bankruptcy

Status: In Good Standing

CONTACT

18225 8Th Pl W, Lynnwood, WA 98037

Daniel Benn Ehrlich

Estate Planning, Family Law, Civil Rights, Collection

Status: In Good Standing

CONTACT

3228 Broadway, Everett, WA 98201

Daniel Lee Hembree

Landlord-Tenant, Civil Rights, Contract, Collection

Status: In Good Standing Licensed: 19 Years

CONTACT

21 Avenue, Snohomish, WA 98290

Charles M. Greenberg

Construction, Civil Rights, Contract, Collection

Status: In Good Standing

CONTACT

21612 Chinook Rd, Edmonds, WA 98020

Michael Shannon O'Meara

Employment Discrimination, Civil Rights, Corporate, Collection

Status: In Good Standing Licensed: 15 Years

CONTACT

1602 Virginia Ave, Everett, WA 98201

Young Suk Oh

Civil Rights, Contract, Bankruptcy

Status: In Good Standing Licensed: 25 Years

CONTACT

4100 194th St SW, Lynnwood, WA 98036

Gregory L. Davies

Family Law, Civil Rights, Credit & Debt, Personal Injury

Status: In Good Standing

CONTACT

3721 Colby Ave, Everett, WA 98201

Debra Jean Venhaus

Disability, Administrative Law, Consumer Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 31 Years

CONTACT

Bothell, WA 98082

800-923-0641

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LEGAL TERMS

CCCS

See Consumer Credit Counseling Service.

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.

CREDIT REPORT

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you m... (more...)

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you make the payments on time, as well as personal history, such as your former addresses, employment record and lawsuits in which you have been involved. An estimated 50% of all credit reports contain errors, such as accounts that don't belong to you, an incorrect account status or information reported that is older than seven years (ten years in the case of a bankruptcy).

LIMITED LIABILITY

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or ... (more...)

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or a person who invests in a corporation (a shareholder) generally stands to lose only the amount of money invested in the business. This means that if the business folds, creditors cannot seize or sell an owner's home, car, or other personal assets.

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.

CREDIT BUREAU

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit... (more...)

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit card companies that use the information to screen applicants for loans and credit cards. There are three major credit bureaus, Equifax, Experian and Trans Union, and they are regulated by the federal Fair Credit Reporting Act.

ACCORD AND SATISFACTION

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collectin... (more...)

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collecting as much money as they can from debtors who cannot pay the full amount.

NONDISCHARGEABLE DEBTS

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chap... (more...)

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chapter 13 bankruptcy, the nondischargeable debts will have to be paid in full during your plan or you will have a balance at the end of your case. Examples of nondischargeable debts include alimony and child support, most income tax debts, many student loans and debts for personal injury or death caused by drunk driving. Compare dischargeable debts.

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.

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Snohomish County, WA Bankruptcy & Debt Lawyers, page 2

Sponsored Law Firm

Leavy Schultz Davis, P.S.

SPONSORED LAWYERS

Teri E Johnson

John Tollefsen

John Jacob Tollefsen

Daniel Benn Ehrlich

Daniel Lee Hembree

Charles M. Greenberg

Michael Shannon O'Meara

Young Suk Oh

Gregory L. Davies

Debra Jean Venhaus

TIPS

LEGAL TERMS

CCCS

SECURED DEBT

CREDIT REPORT

LIMITED LIABILITY

WINDING UP

CREDIT BUREAU

ACCORD AND SATISFACTION

NONDISCHARGEABLE DEBTS

CHAPTER 13 BANKRUPTCY

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