Yakima Bankruptcy & Debt Lawyer, Washington, page 3

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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
1. Contact
2. Email
3. Refer
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6. Website
7. Profile

Kenneth D Colvin

Foreclosure, Credit & Debt, Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 48 Years

CONTACT

Yakima, WA 98907

Paul H Williams

Credit & Debt, Estate Planning, Commercial Real Estate, Bankruptcy

Status: Inactive Licensed: 23 Years

CONTACT

Yakima, WA 98907

Alma A Zuniga

Family Law, Divorce & Family Law, Consumer Rights, Consumer Bankruptcy

Status: In Good Standing Licensed: 17 Years

CONTACT

311 N 4Th St, Yakima, WA 98901

Michele Besso

Housing & Construction Defects, Real Estate, Employment Discrimination, Consumer Bankruptcy

Status: In Good Standing Licensed: 37 Years

CONTACT

311 N 4Th St, Yakima, WA 98901

Robert Jay Reynolds

Landlord-Tenant, Foreclosure, Federal, Bankruptcy

Status: In Good Standing Licensed: 50 Years

CONTACT

980 Lancaster Rd, Selah, WA 98942

Seth Michael Reynolds

Corporate, Credit & Debt, Collection, Consumer Bankruptcy

Status: In Good Standing Licensed: 13 Years

CONTACT

980 Lancaster Rd, Selah, WA 98942

Diana G. Parker

Administrative Law, Traffic, Estate Planning, Commercial Bankruptcy

Status: Inactive Licensed: 38 Years

CONTACT

3480 Birchfield Rd, Moxee, WA 98936

Dan Gilbreath

Landlord-Tenant, Collection, Litigation, Family Law

Status: Suspended Licensed: 21 Years

CONTACT

316 S 8Th Ave, Yakima, WA 98902

Lauren W. Dobbs

Landlord-Tenant, Business & Trade, Commercial Bankruptcy, Land Use & Zoning

Status: Deceased Licensed: 72 Years

CONTACT

24 N 2Nd St, Yakima, WA 98901

Michele Besso

Housing & Construction Defects, Real Estate, Employment Discrimination, Consumer Bankruptcy

Status: In Good Standing Licensed: 37 Years

CONTACT

311 N 4Th St, Yakima, WA 98901

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.

ABUSE

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because ... (more...)

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because the debtor appears to have enough disposable income to fund a Chapter 13 repayment plan.

GUARANTEED RESERVATION

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehic... (more...)

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehicle for you no matter when you show up. If you have a guaranteed reservation with a hotel, it must provide you with a room, either at that hotel or at another comparable establishment. If you have a guaranteed reservation with a car agency, it must provide you with a vehicle. The downside of a guaranteed reservation is that if you don't show up and haven't cancelled your reservation, you will be billed for one night in the room or one day's use of the vehicle.

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.

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.

LIQUIDATING PARTNER

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

FCBA

See Fair Credit Billing Act.

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.

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.

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Yakima Bankruptcy & Debt Lawyer, Washington, page 3

Sponsored Law Firm

Leavy Schultz Davis, P.S.

SPONSORED LAWYERS

Kenneth D Colvin

Paul H Williams

Alma A Zuniga

Michele Besso

Robert Jay Reynolds

Seth Michael Reynolds

Diana G. Parker

Dan Gilbreath

Lauren W. Dobbs

Michele Besso

TIPS

LEGAL TERMS

MEETING OF CREDITORS

ABUSE

GUARANTEED RESERVATION

REDEMPTION

BANKRUPTCY

LIQUIDATING PARTNER

FCBA

LIMITED PARTNERSHIP

PRESUMED ABUSE

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