Bellevue Bankruptcy Lawyer, Washington

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Minh T. Tran
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Arrow Law Group, PLLC
1904 3rd Ave., Ste 930, Seattle, WA 98101 » view map
King County Bankruptcy Lawyer
Where Results Matter

Arrow Law Group works together to devote their practice to helping people resolve issues related to debts, personal injury, family law, criminal defense, and immigration.

800-821-3170
1. Minh T. Tran Seattle, WA
  Attorney At Law - WA, 2009
  Michigan State, J.D.
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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

Jeffrey Bruce Wells

Bankruptcy, Bankruptcy & Debt

Status:

CONTACT

500 Union Street, Seattle, WA 98101

William A. Buchanan

Family Law, Bankruptcy, Divorce & Family Law

Status: Licensed: 46 Years

CONTACT

1520 140Th Ave Ne, Bellevue, WA 98005

Keil A Larsen

Commercial Real Estate, Estate Planning, Corporate, Commercial Bankruptcy

Status:

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11120 Ne 2Nd St, Bellevue, WA 98004

Brian Donald Endter

Electronic Commerce, Business & Trade, Corporate, Commercial Bankruptcy

Status: Licensed: 23 Years

CONTACT

601 108Th Ave Ne, Bellevue, WA 98004

Michelle Hayden Bomberger

Intellectual Property, Corporate, Contract, Commercial Bankruptcy

Status:

CONTACT

11130 Ne 33Rd Pl, Bellevue, WA 98004

Jim G. Griffin

Bankruptcy & Debt, Bankruptcy, Divorce & Family Law, Estate

Status:

FREE CONSULTATION

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1530 140th Ave. NE #111, Bellevue, WA 98005

Aaron Michael Streit

International Other, Immigration, Corporate, Commercial Bankruptcy

Status: Licensed: 15 Years

CONTACT

Bellevue, WA 98015

Sukhvinder Kaur Awla

Civil Rights, Insurance, Bankruptcy, Personal Injury

Status: Licensed: 18 Years

CONTACT

Bellevue, WA 98015

Qing Cai

International Other, Federal, Corporate, Commercial Bankruptcy

Status: Licensed: 34 Years

CONTACT

355 118th Ave SE, Bellevue, WA 98005

Peter Roland Buck

Securities, Business & Trade, Corporate, Commercial Bankruptcy

Status: Licensed: 30 Years

CONTACT

275 118Th Ave Se, Bellevue, WA 98005

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LEGAL TERMS

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.

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.

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.

DISCHARGEABLE DEBTS

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bill... (more...)

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bills and medical bills. Compare nondischargeable debts.

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.

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.

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.

CREDIT COUNSELING

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Unde... (more...)

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Under the new bankruptcy law, a debtor must undergo credit counseling with an approved provider before filing for bankruptcy.

S CORPORATION

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status fro... (more...)

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status from the Internal Revenue Service. Electing to do business as an S corporation lets shareholders enjoy limited liability status, as would be true of any corporation, but be taxed like a partnership or sole proprietor. That is, instead of being taxed as a separate entity (as would be the case with a regular or C corporation) an S corporation is a pass-through tax entity: income taxes are reported and paid by the shareholders, not the S corporation. To qualify as an S corporation a number of IRS rules must be met, such as a limit of 75 shareholders and citizenship requirements.

SAMPLE LEGAL CASES

Miller v. Campbell

... OWENS, J. Â¶ 1 We originally granted review of this case to determine whether judicial estoppel should apply to prevent a plaintiff from pursuing a claim of childhood sexual abuse after he failed to disclose the claim as an asset in prior chapter 7 bankruptcy proceedings. ...

Baldwin v. Silver

... SWEENEY, J. Â¶ 1 The equitable doctrine of judicial estoppel precludes, among other things, a party from later asserting a claim that it failed to list in bankruptcy schedules. ... 172 Â¶ 4 The Silvers filed for chapter 7 bankruptcy in February 2007. ...

Krueger v. Tippett

... 3 The Kruegers filed for bankruptcy in 1981. In 1985, the bankruptcy trustee entered into an agreement with the Tippetts. The agreement abandoned the bankruptcy estate's interest in the life insurance policy and some other Krueger assets. ...

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Bellevue Bankruptcy Lawyer, Washington

Sponsored Law Firm

Arrow Law Group, PLLC

SPONSORED LAWYERS

Jeffrey Bruce Wells

William A. Buchanan

Keil A Larsen

Brian Donald Endter

Michelle Hayden Bomberger

Jim G. Griffin

Aaron Michael Streit

Sukhvinder Kaur Awla

Qing Cai

Peter Roland Buck

TIPS

LEGAL TERMS

INTEREST

CHAPTER 7 BANKRUPTCY

ACCORD AND SATISFACTION

DISCHARGEABLE DEBTS

ABUSE

FRAUDULENT TRANSFER

REDEMPTION

CREDIT COUNSELING

S CORPORATION

SAMPLE LEGAL CASES

Miller v. Campbell

Baldwin v. Silver

Krueger v. Tippett

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