Sumner Bankruptcy & Debt Lawyer, Washington

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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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Jason Andre

Corporate, Estate Planning, Federal, Commercial Bankruptcy

Status: In Good Standing Licensed: 11 Years

CONTACT

1931 69Th St Se, Auburn, WA 98092

Hamilton McJunkin

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: Inactive Licensed: 68 Years

CONTACT

21612 22Nd St E, Bonney Lake, WA 98391

Rayell Ann Wright

Commercial Bankruptcy, Federal, Commercial Real Estate, Real Estate

Status: In Good Standing Licensed: 56 Years

CONTACT

19413 State Route 410 E, Bonney Lake, WA 98391

Joel Bennett Espelien

Status: In Good Standing Licensed: 28 Years

CONTACT

2024 Channel Rd E, Bonney Lake, WA 98391

John Stuart Woodburne

Bankruptcy

Status: Inactive Licensed: 53 Years

CONTACT

605 Ofarrell Cutoff Rd E, Bonney Lake, WA 98391

Cynthia A. Jenkins

Commercial Bankruptcy, International Tax, Commercial Real Estate, Real Estate

Status: Inactive Licensed: 64 Years

CONTACT

10507 180Th Ave E, Bonney Lake, WA 98391

Joel Bennett Espelien

Status: In Good Standing Licensed: 28 Years

CONTACT

2024 Channel Rd E, Bonney Lake, WA 98391

Kathryn Brooks

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: Inactive Licensed: 56 Years

CONTACT

11007 183Rd Avenue Pl E, Bonney Lake, WA 98391

Ransom Hatch Young

Estate, Divorce & Family Law, Bankruptcy & Debt, Securities

Status: In Good Standing

CONTACT

5709 189Th Ave E, Bonney Lake, WA 98391

Marilyn K Brown

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: Inactive Licensed: 71 Years

CONTACT

18208 101St St E, Bonney Lake, WA 98391

800-923-0641

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LEGAL TERMS

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.

SOLE PROPRIETORSHIP

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, m... (more...)

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, meaning that business profits are reported and taxed on the owner's personal tax return. Setting up a sole proprietorship is cheap and easy since no legal formation documents need be filed with any governmental agency (although tax registration and other permit and license requirements may still apply). Once you file a fictitious name statement (assuming you don't use your own name) and obtain any required basic tax permits and business licenses, you'll be in business. The main downside of a sole proprietorship is that its owner is personally liable for all business debts.

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.

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working fo... (more...)

A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working for collection agencies. The law does not apply to creditors collecting their own debts. This law has greatly improved conditions for debtors, although more than a few debt collectors ignore the law. If a collection agency violates the law, debtors can contact the Federal Trade Commission for help.

CURRENT MONTHLY INCOME

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding... (more...)

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding the bankruptcy filing. The debtor's current monthly income is used to determine whether the debtor can file for Chapter 7 bankruptcy, among other things.

DEBT COLLECTOR

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe... (more...)

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe. Debt collectors can be relentless, often using scare tactics, humiliation and repeated phone calls to extract payments or promises to pay.

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.

GARNISHMENT

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if ... (more...)

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if she loses a lawsuit filed by the creditor. Up to 25% of a person's wages can be deducted.

Sumner Bankruptcy & Debt Lawyer, Washington

Sponsored Law Firm

Leavy Schultz Davis, P.S.

SPONSORED LAWYERS

Jason Andre

Hamilton McJunkin

Rayell Ann Wright

Joel Bennett Espelien

John Stuart Woodburne

Cynthia A. Jenkins

Joel Bennett Espelien

Kathryn Brooks

Ransom Hatch Young

Marilyn K Brown

TIPS

LEGAL TERMS

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

SOLE PROPRIETORSHIP

NONPROFIT CORPORATION

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

CURRENT MONTHLY INCOME

DEBT COLLECTOR

PRESUMED ABUSE

GARNISHMENT

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