South Cle Elum Credit & 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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Joyce Heritage

Motor Vehicle, DUI-DWI, Criminal, Credit & Debt

Status: In Good Standing

FREE CONSULTATION

CONTACT

Cle ELum, WA 98922

Charles Raymond Steinberg

Employment Discrimination, Elder Law, Insurance, Credit & Debt, Personal Injury

Status: Deceased Licensed: 30 Years

CONTACT

323 N Miller St, Wenatchee, WA 98801

Joseph Robert Jackson

Estate Planning, Family Law, Corporate, Credit & Debt

Status: In Good Standing Licensed: 42 Years

CONTACT

Wenatchee, WA 98807

Steven Arden Zimmerman

Dispute Resolution, Credit & Debt, Collection, Bankruptcy

Status: In Good Standing Licensed: 48 Years

CONTACT

124 N Wenatchee Ave, Wenatchee, WA 98801

Christina Marie Davitt

Estate Planning, Elder Law, Life & Health, Credit & Debt

Status: In Good Standing Licensed: 19 Years

CONTACT

1 5Th St, Wenatchee, WA 98801

Susan Cawley

Family Law, Insurance, Contract, Credit & Debt

Status: In Good Standing Licensed: 43 Years

CONTACT

630 N Chelan Ave, Wenatchee, WA 98801

Seth Michael Reynolds

Corporate, Credit & Debt, Collection, Consumer Bankruptcy

Status: In Good Standing Licensed: 13 Years

CONTACT

980 Lancaster Rd, Selah, WA 98942

Patrick Alan TRUE

Family Law, Credit & Debt, Personal Injury, Criminal, Child Custody

Status: In Good Standing Licensed: 28 Years

CONTACT

303 E D St, Yakima, WA 98901

Meredith O. Bruch

Foreclosure, Housing & Construction Defects, Dispute Resolution, Credit & Debt

Status: In Good Standing

CONTACT

311 N 4Th St, Yakima, WA 98901

800-923-0641

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LEGAL TERMS

NONPROFIT CORPORATION

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or f... (more...)

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or for some public purpose (such as a hospital, environmental organization or literary society). Nonprofit corporations, despite the name, can make a profit, but the business cannot be designed primarily for profit-making purposes, and the profits must be used for the benefit of the organization or purpose the corporation was created to help. When a nonprofit corporation dissolves, any remaining assets must be distributed to another nonprofit, not to board members. As with for-profit corporations, directors of nonprofit corporations are normally shielded from personal liability for the organization's debts. Some nonprofit corporations qualify for a federal tax exemption under _ 501(c)(3) of the Internal Revenue Code, with the result that contributions to the nonprofit are tax deductible by their donors.

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.

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.

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.

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.

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.

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemp... (more...)

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemptible because it has been damaged or destroyed.

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.

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.

SAMPLE LEGAL CASES

Discover Bank v. Bridges

... HOUGHTON, J. Â¶ 1 John and Julie Bridges appeal the trial court's grant of summary judgment on their credit card debt to Discover Bank. ... We reverse and remand. FACTS. Â¶ 2 Discover Bank filed a complaint against the Bridges, seeking payment of a credit card debt. ...

Brown v. Household Realty Corp.

... This debt consolidation reduced the Browns' total monthly payments for home loans and consumer credit accounts. ... 6 The same day, the Browns obtained from Household a second position line of credit to consolidate additional unsecured debt. ...

BOEING EMPLOYEES'CREDIT UNION v. Burns

... [2]. Â¶ 2 Here, Boeing Employees' Credit Union (BECU) is the holder of a subordinate deed of trust for ... [4] Accordingly, BECU is entitled to the surplus sales funds that are sufficient to satisfy the Burnses' unpaid debt to BECU. [5] We reverse and remand for further proceedings. ...

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South Cle Elum Credit & Debt Lawyer, Washington

Sponsored Law Firm

Washington Law Group, PLLC

SPONSORED LAWYERS

Joyce Heritage

Charles Raymond Steinberg

Joseph Robert Jackson

Steven Arden Zimmerman

Christina Marie Davitt

Susan Cawley

Seth Michael Reynolds

Patrick Alan TRUE

Meredith O. Bruch

TIPS

LEGAL TERMS

NONPROFIT CORPORATION

C CORPORATION

PRESUMED ABUSE

GENERAL PARTNER

BANKRUPTCY

CHAPTER 7 BANKRUPTCY

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

LIMITED LIABILITY

WORKOUT

SAMPLE LEGAL CASES

Discover Bank v. Bridges

Brown v. Household Realty Corp.

BOEING EMPLOYEES'CREDIT UNION v. Burns

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