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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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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

John Anton Sterbick

✓ VERIFIED

Accident & Injury, Bankruptcy & Debt, Tax, Car Accident, Bankruptcy

For over 22 years, John A. Sterbick has been dedicated to providing thorough and experienced legal advice. Here at the Law Offices of John A. Sterbick... (more)

FREE CONSULTATION

CONTACT

800-878-4860

1010 South I Street, Tacoma, WA 98405

John David Huhs

Commercial Real Estate, Foreclosure, Credit & Debt, Bankruptcy

Status: In Good Standing

CONTACT

5806 119Th Ave Se, Bellevue, WA 98006

Sandra H. Murphy

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: Inactive Licensed: 51 Years

CONTACT

2871 Hyland St, Dupont, WA 98327

Sharlene M Blanchat

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: Suspended Licensed: 94 Years

CONTACT

1301 Se Dale St, East Wenatchee, WA 98802

James C. Barrett

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: Inactive Licensed: 55 Years

CONTACT

4601 149Th Pl Se, Everett, WA 98208

Anthony George Panagiotu

Merger & Acquisition, Pension & Benefits, Business Successions, Commercial Bankruptcy

Status: In Good Standing Licensed: 38 Years

CONTACT

14 35Th Avenue Ct Nw, Gig Harbor, WA 98335

Jennifer M Frost

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: In Good Standing Licensed: 7 Years

CONTACT

403 Point Fosdick Dr Nw, Gig Harbor, WA 98335

Shellie Lyn Holden

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: Deceased Licensed: 73 Years

CONTACT

3176 Horsehead Bay Dr Nw, Gig Harbor, WA 98335

Venita Michelle Lang

Litigation, Corporate, Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 36 Years

CONTACT

6212 34Th St Nw, Gig Harbor, WA 98335

Laura Ann Baumann

Securities, Commercial Bankruptcy, Contract, Corporate

Status: In Good Standing Licensed: 20 Years

CONTACT

3120 Harborview Dr, Gig Harbor, WA 98335

800-923-0641

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LEGAL TERMS

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.

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.

FAIR CREDIT REPORTING ACT (FCRA)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to a... (more...)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to adopt reasonable procedures for gathering, maintaining and disseminating information and bars credit bureaus from reporting negative information that is older than seven years, except a bankruptcy, which may be reported for ten. If you notify a credit bureau of an error in your credit report, the FCRA requires the bureau to investigate your allegations within 30 days, review all information you provide, remove inaccurate and unverified information and adopt procedures to keep the information from reappearing. In addition, the law requires that creditors refrain from reporting incorrect information to credit bureaus.

UNSECURED DEBT

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only reme... (more...)

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only remedy is to sue you and get a judgment. Compare secured debt.

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.

LIMITED PARTNERSHIP

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner ... (more...)

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner or partners (called general partners) have unlimited personal liability. The key difference between a general and limited partner concerns management decision making--general partners run the business, and limited partners, who are usually passive investors, are not allowed to make day-to-day business decisions. If they do, they risk being treated as general partners with unlimited personal liability.

LIQUIDATING PARTNER

The member of an insolvent or dissolving partnership responsible for paying the debts and settling the accounts of the partnership.

UNDUE HARDSHIP

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in t... (more...)

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in the future to pay off the loan may be able to show that repayment would be an undue hardship.

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.

SAMPLE LEGAL CASES

Miller v. Campbell

... OWENS, J. Â¶ 1 We originally granted review of this case to determine whether judicial estoppel should apply to prevent a plaintiff from pursuing a claim of childhood sexual abuse after he failed to disclose the claim as an asset in prior chapter 7 bankruptcy proceedings. ...

Baldwin v. Silver

... SWEENEY, J. Â¶ 1 The equitable doctrine of judicial estoppel precludes, among other things, a party from later asserting a claim that it failed to list in bankruptcy schedules. ... 172 Â¶ 4 The Silvers filed for chapter 7 bankruptcy in February 2007. ...

Krueger v. Tippett

... 3 The Kruegers filed for bankruptcy in 1981. In 1985, the bankruptcy trustee entered into an agreement with the Tippetts. The agreement abandoned the bankruptcy estate's interest in the life insurance policy and some other Krueger assets. ...

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Steilacoom Bankruptcy Lawyer, Washington

Sponsored Law Firm

Leavy Schultz Davis, P.S.

SPONSORED LAWYERS

John Anton Sterbick

John David Huhs

Sandra H. Murphy

Sharlene M Blanchat

James C. Barrett

Anthony George Panagiotu

Jennifer M Frost

Shellie Lyn Holden

Venita Michelle Lang

Laura Ann Baumann

TIPS

LEGAL TERMS

WINDING UP

SUBROGATION

FAIR CREDIT REPORTING ACT (FCRA)

UNSECURED DEBT

PRESUMED ABUSE

LIMITED PARTNERSHIP

LIQUIDATING PARTNER

UNDUE HARDSHIP

LIMITED LIABILITY

SAMPLE LEGAL CASES

Miller v. Campbell

Baldwin v. Silver

Krueger v. Tippett

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