Tacoma Bankruptcy & Debt Lawyer, Washington, page 5

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Jason Newcombe
About Us | Services
Washington Law Group, PLLC
201 St. Helens Ave #204 Tacoma, WA 98402Â» view map
Bankruptcy & Debt, Chapter 7, Chapter 13
CONTACT US FOR A CONSULTATION

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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Joseph H. Gordon

Landlord-Tenant, Dispute Resolution, Civil Rights, Collection

Status: Deceased Licensed: 90 Years

CONTACT

Tacoma, WA 98401

Kelley Ann Orr

Estate Planning, Elder Law, Corporate, Collection

Status: In Good Standing Licensed: 8 Years

CONTACT

1201 Pacific Ave, Tacoma, WA 98402

Edward Lawrence Rossback

Juvenile Law, Traffic, Estate Planning, Bankruptcy

Status: Deceased Licensed: 11 Years

CONTACT

818 Yakima Ave, Tacoma, WA 98405

Terrence Joseph Donahue

Federal, Banking & Finance, Credit & Debt, Collection

Status: In Good Standing Licensed: 39 Years

CONTACT

909 A St, Tacoma, WA 98402

David Benjamin Petrich

Estate Planning, Elder Law, Business & Trade, Commercial Bankruptcy

Status: In Good Standing Licensed: 35 Years

CONTACT

909 A St, Tacoma, WA 98402

Dale Louis Carlisle

Corporate, Land Use & Zoning, Dispute Resolution, Commercial Bankruptcy

Status: Deceased Licensed: 64 Years

CONTACT

738 Broadway, Tacoma, WA 98402

Kelsey Mackenzie Brown

Estate Planning, Civil Rights, Contract, Commercial Bankruptcy

Status: In Good Standing

CONTACT

1003 N Whitman St, Tacoma, WA 98406

Kelsey Mackenzie Brown

Estate Planning, Civil Rights, Contract, Commercial Bankruptcy

Status: In Good Standing

CONTACT

1003 N Whitman St, Tacoma, WA 98406

Mark Barshfield Anderson

Civil Rights, Corporate, Collection, Personal Injury

Status: In Good Standing

CONTACT

821 Dock St, Tacoma, WA 98402

Thomas Ted Osinski

Litigation, Entertainment, Business & Trade, Commercial Bankruptcy

Status: In Good Standing Licensed: 21 Years

CONTACT

535 Dock St, Tacoma, WA 98402

800-923-0641

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LEGAL TERMS

COLLECTION AGENCY

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the d... (more...)

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the debt themselves, typically through letters (called 'dunning' letters) and telephone calls. Collection agencies are regulated by the federal Fair Debt Collection Practices Act. Unfortunately, too many collectors ignore this law.

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.

COLLATERAL

Property that guarantees payment of a secured debt.

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.

LIQUIDATING PARTNER

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

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.

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.

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.

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.

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Tacoma Bankruptcy & Debt Lawyer, Washington, page 5

Sponsored Law Firm

Washington Law Group, PLLC

SPONSORED LAWYERS

Joseph H. Gordon

Kelley Ann Orr

Edward Lawrence Rossback

Terrence Joseph Donahue

David Benjamin Petrich

Dale Louis Carlisle

Kelsey Mackenzie Brown

Kelsey Mackenzie Brown

Mark Barshfield Anderson

Thomas Ted Osinski

TIPS

LEGAL TERMS

COLLECTION AGENCY

GUARANTOR

COLLATERAL

FAIR CREDIT REPORTING ACT (FCRA)

LIQUIDATING PARTNER

UNSECURED DEBT

DEBT COLLECTOR

SOLE PROPRIETORSHIP

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

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