Thurston County, WA Bankruptcy & Debt Lawyers, page 5

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Jason Newcombe
About Us | Services
Washington Law Group, PLLC
3025 Limited Ln NW #206 Olympia, WA 98502Â» 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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Douglas Peter Wyckoff

Workers' Compensation, Employment, Collection, Bankruptcy & Debt

Status: In Good Standing Licensed: 46 Years

CONTACT

3420 14Th Ave Nw, Olympia, WA 98502

Douglas Dunbar Walsh

Litigation, Civil Rights, Administrative Law, Consumer Bankruptcy

Status: In Good Standing Licensed: 44 Years

CONTACT

7310 Steamboat Island Rd Nw, Olympia, WA 98502

Mary C. Lobdell

Federal Appellate Practice, Administrative Law, Collection, Legal Malpractice

Status: In Good Standing Licensed: 36 Years

CONTACT

2100 Evergreen Park Dr Sw, Olympia, WA 98504

Jennie Patton

Credit & Debt, Bankruptcy, Personal Injury, Accident & Injury

Status: In Good Standing Licensed: 29 Years

CONTACT

2018 Caton Way Sw, Olympia, WA 98502

C Scott Kee

Estate Planning, Insurance, Credit & Debt, Bankruptcy

Status: In Good Standing Licensed: 26 Years

CONTACT

324 W Bay Dr Nw, Olympia, WA 98502

Heather T Christenson

Land Use & Zoning, Life & Health, Corporate, Commercial Bankruptcy

Status: In Good Standing Licensed: 26 Years

CONTACT

324 W Bay Dr Nw, Olympia, WA 98502

Jay Allan Goldstein

Construction, Litigation, Life & Health, Commercial Bankruptcy

Status: In Good Standing Licensed: 33 Years

CONTACT

214 22Nd Ave Sw, Olympia, WA 98501

Jason M Zittel

Landlord-Tenant, Civil Rights, Contract, Credit & Debt

Status: In Good Standing Licensed: 34 Years

CONTACT

1800 Cooper Point Rd Sw, Olympia, WA 98502

Charles Harding Houser

Family Law, Business & Trade, Commercial Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 43 Years

CONTACT

324 W Bay Dr Nw, Olympia, WA 98502

Brian Michael Barnes

Estate Planning, Family Law, Criminal, Bankruptcy

Status: In Good Standing Licensed: 29 Years

CONTACT

324 W Bay Dr Nw, Olympia, WA 98502

800-923-0641

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LEGAL TERMS

MEETING OF CREDITORS

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a f... (more...)

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a few questions. In a Chapter 7, the meeting of creditors lasts a few minutes and rarely do any creditors show up. In a Chapter 13 bankruptcy, one or two creditors may attend, especially if they disagree with some provision of your repayment plan.

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.

NONDISCHARGEABLE DEBTS

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chap... (more...)

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chapter 13 bankruptcy, the nondischargeable debts will have to be paid in full during your plan or you will have a balance at the end of your case. Examples of nondischargeable debts include alimony and child support, most income tax debts, many student loans and debts for personal injury or death caused by drunk driving. Compare dischargeable debts.

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily fu... (more...)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily funded by voluntary donations from the creditors that receive payments from debtors repaying their debts through that office. Despite this criticism, most CCCS counselors provide clients with thorough and neutral advice.

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.

COLLATERAL

Property that guarantees payment of a secured debt.

FCRA

See Fair Credit Reporting Act.

FRAUDULENT TRANSFER

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee --... (more...)

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee -- for instance, when a debtor signs a car over to a relative to keep it out of the bankruptcy estate. Fraudulently transferred property can be recovered and sold by the trustee for the benefit of the creditors.

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Thurston County, WA Bankruptcy & Debt Lawyers, page 5

Sponsored Law Firm

Washington Law Group, PLLC

SPONSORED LAWYERS

Douglas Peter Wyckoff

Douglas Dunbar Walsh

Mary C. Lobdell

Jennie Patton

C Scott Kee

Heather T Christenson

Jay Allan Goldstein

Jason M Zittel

Charles Harding Houser

Brian Michael Barnes

TIPS

LEGAL TERMS

MEETING OF CREDITORS

CHAPTER 7 BANKRUPTCY

NONDISCHARGEABLE DEBTS

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

UNSECURED DEBT

PRESUMED ABUSE

COLLATERAL

FCRA

FRAUDULENT TRANSFER

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