Touchet 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
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Amy Elizabeth Phillips Hess

Estate, Civil & Human Rights, Bankruptcy & Debt

Status: In Good Standing Licensed: 17 Years

CONTACT

5 W Alder St, Walla Walla, WA 99362

Tiffany Troy

General Practice

Status: In Good Standing Licensed: 11 Years

CONTACT

6 E Alder St, Walla Walla, WA 99362

Rene Erm

Family Law, Criminal, Credit & Debt, Bankruptcy

Status: In Good Standing Licensed: 29 Years

CONTACT

6 E Alder St, Walla Walla, WA 99362

Judith A. Shulman

Land Use & Zoning, Business & Trade, Administrative Law, Commercial Bankruptcy

Status: In Good Standing Licensed: 44 Years

CONTACT

123 E Main St, Walla Walla, WA 99362

John Scott Matheson

Land Use & Zoning, Estate Planning, Business & Trade, Commercial Bankruptcy

Status: Inactive Licensed: 47 Years

CONTACT

29007 S Oak St, Kennewick, WA 99337

Damien Joshua Sinnott

Litigation, Civil Rights, Business & Trade, Commercial Bankruptcy

Status: In Good Standing Licensed: 21 Years

CONTACT

621 Lincoln St, Walla Walla, WA 99362

Carol J. Thompson

Commercial Bankruptcy, Commercial Real Estate, Real Estate, Estate Planning

Status: Inactive Licensed: 32 Years

CONTACT

206 S Division St, Walla Walla, WA 99362

Kol W Medina

Tax, International Tax, Corporate, Commercial Bankruptcy

Status: In Good Standing Licensed: 23 Years

CONTACT

505 Stone Creek Pl, Walla Walla, WA 99362

Sally J. Erb

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: Inactive Licensed: 45 Years

CONTACT

33 E Main St, Walla Walla, WA 99362

LaRae L Martin

Commercial Real Estate, Real Estate, Federal, Commercial Bankruptcy

Status: In Good Standing Licensed: 57 Years

CONTACT

Walla Walla, WA 99362

800-923-0641

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LEGAL TERMS

DISCHARGE (OF DEBTS)

A bankruptcy court's erasure of the debts of a person or business that has filed for bankruptcy.

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.

BANKRUPTCY

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are ... (more...)

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are two types of bankruptcies -- liquidation, in which your debts are wiped out (discharged) and reorganization, in which you provide the court with a plan for how you intend to repay your debts. For both consumers and business, liquidation bankruptcy is called Chapter 7. For consumers, reorganization bankruptcy is called Chapter 13. Reorganization bankruptcy for consumers with an extraordinary amount of debt and for businesses is called Chapter 11. Reorganization bankruptcy for family farmers is called Chapter 12.

CHAPTER 13 PLAN

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to ... (more...)

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to pay all mandatory debts -- for example, back child support, taxes, and mortgage arrearages -- as well as some or all unsecured, nonpriority debts, such as medical and credit card bills.

ACCORD AND SATISFACTION

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collectin... (more...)

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collecting as much money as they can from debtors who cannot pay the full amount.

TRADE DRESS

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape... (more...)

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape of Frangelico liqueur bottles. Trade dress can be protected under trademark law if a showing can be made that the average consumer would likely be confused as to product origin if another product were allowed to appear in similar dress.

COLLATERAL

Property that guarantees payment of a secured debt.

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.

IRS EXPENSES

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income mu... (more...)

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income must use the IRS expenses to calculate their average net income in a Chapter 7 case, or their disposable income in a Chapter 13 case.

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Touchet Bankruptcy & Debt Lawyer, Washington, page 2

Sponsored Law Firm

Leavy Schultz Davis, P.S.

SPONSORED LAWYERS

Amy Elizabeth Phillips Hess

Tiffany Troy

Rene Erm

Judith A. Shulman

John Scott Matheson

Damien Joshua Sinnott

Carol J. Thompson

Kol W Medina

Sally J. Erb

LaRae L Martin

TIPS

LEGAL TERMS

DISCHARGE (OF DEBTS)

LIMITED PARTNERSHIP

BANKRUPTCY

CHAPTER 13 PLAN

ACCORD AND SATISFACTION

TRADE DRESS

COLLATERAL

SUBROGATION

IRS EXPENSES

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