Springdale Bankruptcy & Debt Lawyer, Washington, 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
3. Refer
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7. Profile

Scott Dean Meyer

Corporate, International Other, Employment Discrimination, Consumer Bankruptcy

Status: In Good Standing Licensed: 29 Years

CONTACT

1603 S Garfield Rd, Airway Heights, WA 99001

Kim Taylor Dunn

Credit & Debt, Collection, Consumer Bankruptcy, International Tax

Status: In Good Standing Licensed: 34 Years

CONTACT

2631 W Dell Dr, Spokane, WA 99208

William J Sorcinelli

Estate Planning, Civil Rights, Collection, Personal Injury

Status: Inactive Licensed: 45 Years

CONTACT

2610 W Woodside Ave, Spokane, WA 99208

Kristen B. Coriell

Business & Trade, Corporate, Contract, Commercial Bankruptcy

Status: In Good Standing Licensed: 29 Years

CONTACT

13222 N Washington Ct, Spokane, WA 99208

Paul J. Wasson

Criminal, Collection, Bankruptcy & Debt

Status: In Good Standing Licensed: 50 Years

CONTACT

2318 W Gordon Ave, Spokane, WA 99205

Steven Schneider

Bankruptcy & Debt, Lawsuit & Dispute, Business, Real Estate

Status: In Good Standing

FREE CONSULTATION

CONTACT

203 N. Washington Street, Spokane, WA 99201

Gregory R. Heline

Lawsuit & Dispute, Business, Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 46 Years

CONTACT

1903 N Ash St, Spokane, WA 99205

Pamela Hazelton Rohr

Litigation, Estate Planning, Business & Trade, Commercial Bankruptcy

Status: In Good Standing

CONTACT

Spokane, WA 99214

Pamela Hazelton Rohr

Litigation, Estate Planning, Business & Trade, Commercial Bankruptcy

Status: In Good Standing

CONTACT

Spokane, WA 99214

Kenneth K. Watts

Estate Planning, Family Law, Civil Rights, Bankruptcy

Status: Inactive Licensed: 49 Years

CONTACT

4920 N Nevada St, Spokane, WA 99207

800-923-0641

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LEGAL TERMS

SUBROGATION

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off i... (more...)

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off its injured claimant takes the legal rights the claimant has against a third party that caused the injury, and sues that third party.

HOUSEHOLDER

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a ho... (more...)

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a homestead exemption and possibly other exemptions relating to the maintenance of the household.

PRIORITY DEBT

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13... (more...)

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13 bankruptcy. Priority debts include alimony and child support, fees owed to the trustee and the attorney in the bankruptcy case, and wages owed to employees.

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.

BANKRUPTCY TRUSTEE

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is t... (more...)

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is to gather the debtor's nonexempt property, liquidate it and distribute it proportionally to her creditors. In a Chapter 13 case, the trustee's role is to receive the debtor's monthly payments and distribute them proportionally to her creditors.

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.

INTEREST

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to ... (more...)

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to your balance. This means that if your loan or credit line has an interest rate of 8%, the holder adds 8% to the balance each year. More specifically, interest is calculated and added to your loan or credit line through a process called compounding. If interest is compounded daily, the balance will rise by 1/365th of 8% each day. If interest is compounded monthly, the balance will rise 1/12th of 8% at the start of each month.

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).

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.

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Springdale Bankruptcy & Debt Lawyer, Washington, page 2

Sponsored Law Firm

Leavy Schultz Davis, P.S.

SPONSORED LAWYERS

Scott Dean Meyer

Kim Taylor Dunn

William J Sorcinelli

Kristen B. Coriell

Paul J. Wasson

Steven Schneider

Gregory R. Heline

Pamela Hazelton Rohr

Pamela Hazelton Rohr

Kenneth K. Watts

TIPS

LEGAL TERMS

SUBROGATION

HOUSEHOLDER

PRIORITY DEBT

CREDIT INSURANCE

BANKRUPTCY TRUSTEE

PREFERENCE

INTEREST

CREDIT REPORT

CHAPTER 7 BANKRUPTCY

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