Yacolt Bankruptcy & Debt Lawyer, Washington, page 5

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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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Brian K Gerst

Estate Planning, Civil Rights, Contract, Collection

Status: In Good Standing Licensed: 22 Years

CONTACT

4001 Main St, Vancouver, WA 98663

Brian Earl Mackenzie

Estate Planning, Elder Law, Administrative Law, Bankruptcy

Status: In Good Standing Licensed: 13 Years

CONTACT

10000 Ne 7Th Ave, Vancouver, WA 98685

Philip G. Marshall

Land Use & Zoning, Estate Planning, Corporate, Commercial Bankruptcy

Status: In Good Standing Licensed: 50 Years

CONTACT

10000 Ne 7Th Ave, Vancouver, WA 98685

Scott Edward Russon

Landlord-Tenant, Civil Rights, Collection, Personal Injury

Status: In Good Standing Licensed: 24 Years

CONTACT

10000 Ne 7Th Ave, Vancouver, WA 98685

Brian A. Walker

Estate Planning, Family Law, Criminal, Bankruptcy

Status: In Good Standing Licensed: 28 Years

CONTACT

210 E 22Nd St, Vancouver, WA 98663

Brian Alan Walker

Federal Appellate Practice, Criminal, Civil Rights, Bankruptcy

Status: In Good Standing

CONTACT

210 E 22Nd St, Vancouver, WA 98663

Brian H Wolfe

Land Use & Zoning, Municipal, Corporate, Commercial Bankruptcy, Real Estate

Status: In Good Standing Licensed: 55 Years

CONTACT

303 E 16Th St, Vancouver, WA 98663

Jean Marie Mccoy

Commercial Real Estate, Landlord-Tenant, Foreclosure, Credit & Debt

Status: In Good Standing Licensed: 32 Years

CONTACT

Vancouver, WA 98666

Stanley F. Horak

Premises Liability, Wills, Bankruptcy, Wrongful Death

Status: In Good Standing Licensed: 47 Years

CONTACT

1104 Main St, Vancouver, WA 98660

Timothy James Dack

Commercial Real Estate, Litigation, Business & Trade, Credit & Debt

Status: In Good Standing

CONTACT

Vancouver, WA 98666

800-923-0641

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LEGAL TERMS

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.

REDEMPTION

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump s... (more...)

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump sum. For example, a debtor may redeem a car note by paying the lender the amount a retail vendor would charge for the car, considering its age and condition.

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.

INFRINGEMENT (OF TRADEMARK)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringeme... (more...)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringement turns on whether the defendant's use causes a likelihood of confusion in the average consumer. If a court determines that the average consumer would be confused, the owner of the original mark can prevent the other's use of the infringing mark and sometimes collect damages.

HOUSEHOLDER

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a ho... (more...)

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a homestead exemption and possibly other exemptions relating to the maintenance of the household.

CREDIT INSURANCE

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay o... (more...)

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay off the remaining balance. Federal and state consumer protection laws require the lender to disclose to existing and potential borrowers the terms and costs of obtaining credit insurance because it can affect the terms of the loan.

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.

INTEREST

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to ... (more...)

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to your balance. This means that if your loan or credit line has an interest rate of 8%, the holder adds 8% to the balance each year. More specifically, interest is calculated and added to your loan or credit line through a process called compounding. If interest is compounded daily, the balance will rise by 1/365th of 8% each day. If interest is compounded monthly, the balance will rise 1/12th of 8% at the start of each month.

LIABILITY

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pi... (more...)

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pipe bursts the day after Paul installs it, ruining the bathroom floor. This raises the issue of liability: Who is responsible for the damage? Peri claims that Paul is responsible, and sues him for the cost of hiring another plumber to fix the pipe and replacing the floor. Paul, in turn, claims that the pipe manufacturer is responsible, because they supplied him with faulty materials. Both Peri and Paul must prove their claims in court; if Paul and/or the manufacturer is found liable, one or both will have to pay damages to Peri. (2) Something for which a person is liable. For example, a debt is often called a liability.

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Yacolt Bankruptcy & Debt Lawyer, Washington, page 5

Sponsored Law Firm

Leavy Schultz Davis, P.S.

SPONSORED LAWYERS

Brian K Gerst

Brian Earl Mackenzie

Philip G. Marshall

Scott Edward Russon

Brian A. Walker

Brian Alan Walker

Brian H Wolfe

Jean Marie Mccoy

Stanley F. Horak

Timothy James Dack

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LEGAL TERMS

UNDUE HARDSHIP

REDEMPTION

CHAPTER 7 BANKRUPTCY

INFRINGEMENT (OF TRADEMARK)

HOUSEHOLDER

CREDIT INSURANCE

NONDISCHARGEABLE DEBTS

INTEREST

LIABILITY

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