Snoqualmie Bankruptcy & Debt Lawyer, Washington, page 5

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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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John L. O'Brien

Landlord-Tenant, Divorce, Criminal, Bankruptcy

Status: In Good Standing Licensed: 61 Years

CONTACT

Issaquah, WA 98027

Larry R Schreiter

Land Use & Zoning, Estate Planning, Corporate, Commercial Bankruptcy

Status: In Good Standing Licensed: 46 Years

CONTACT

Issaquah, WA 98027

Richard Jerabek

Commercial Real Estate, Electronic Commerce, Business & Trade, Commercial Bankruptcy

Status: In Good Standing Licensed: 23 Years

CONTACT

999 Lake Dr, Issaquah, WA 98027

Andrew Lyn Symons

Commercial Real Estate, Land Use & Zoning, Business & Trade, Commercial Bankruptcy

Status: In Good Standing Licensed: 50 Years

CONTACT

735 Nw Datewood Dr, Issaquah, WA 98027

Troy-Lynn Newell

Commercial Bankruptcy, Real Estate, Commercial Real Estate

Status: Inactive Licensed: 76 Years

CONTACT

Issaquah, WA 98027

Raemy K Fenrich

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: In Good Standing Licensed: 71 Years

CONTACT

371 Ne Gilman Blvd, Issaquah, WA 98027

Heather Joy Cimuchowski

Insurance, Corporate, Administrative Law, Commercial Bankruptcy

Status: In Good Standing Licensed: 24 Years

CONTACT

999 Lake Dr, Issaquah, WA 98027

Karen I. Raines

Environmental Law Other, Business & Trade, Corporate, Commercial Bankruptcy

Status: In Good Standing Licensed: 29 Years

CONTACT

999 Lake Dr, Issaquah, WA 98027

Janet A. Irons

Estate Planning, Litigation, Business & Trade, Commercial Bankruptcy

Status: In Good Standing Licensed: 42 Years

CONTACT

Issaquah, WA 98027

Christopher John Breunig

Corporate, Communication & Media Law, Copyright, Commercial Bankruptcy

Status: In Good Standing Licensed: 31 Years

CONTACT

999 Lake Dr, Issaquah, WA 98027

800-923-0641

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LEGAL TERMS

GENERAL PARTNER

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the... (more...)

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the business's debts and obligations. A general partner's actions can legally bind the entire business. See also partnership, limited partnership.

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.

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.

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.

CREDIT FILE

See credit report.

GUARANTOR

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. T... (more...)

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. The guarantor gives a 'guaranty,' which is an assurance that the debt or other obligation will be fulfilled.

TOXIC TORT

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and su... (more...)

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and suffering.

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).

GRACE PERIOD

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you h... (more...)

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you have to pay interest on the amount of your purchases. Cash advances, however, usually have no grace period; interest begins to accumulate from the date of the withdrawal, even if you pay your bills on time. Also, some student loans give you a grace period after graduating or dropping out of school. During this time, you are not required to make payments on your loan.

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Snoqualmie Bankruptcy & Debt Lawyer, Washington, page 5

Sponsored Law Firm

Washington Law Group, PLLC

SPONSORED LAWYERS

John L. O'Brien

Larry R Schreiter

Richard Jerabek

Andrew Lyn Symons

Troy-Lynn Newell

Raemy K Fenrich

Heather Joy Cimuchowski

Karen I. Raines

Janet A. Irons

Christopher John Breunig

TIPS

LEGAL TERMS

GENERAL PARTNER

LIABILITY

C CORPORATION

NO-FAULT INSURANCE

CREDIT FILE

GUARANTOR

TOXIC TORT

CREDIT REPORT

GRACE PERIOD

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