Lakebay Bankruptcy & Debt Lawyer, Washington

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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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George Peter Rose

Family Law, Elder Law, Bankruptcy

Status: Licensed: 50 Years

CONTACT

1903 61St Ave Nw, Gig Harbor, WA 98335

Wayne Beale Knight

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

Status: Licensed: 68 Years

CONTACT

3715 165Th Ave N, Lakebay, WA 98349

Mary Elizabeth Solan

Contract, Landlord-Tenant, Residential Real Estate, Contract, Commercial Bankruptcy

Status: Licensed: 28 Years

CONTACT

P.O. Box 2183, Gig Harbor, WA 98335

Ralph Wilhem Flick

International Tax, Estate Planning, Business & Trade, Commercial Bankruptcy

Status: Licensed: 30 Years

CONTACT

4423 Point Fosdick Dr, Gig Harbor, WA 98335

Nathan D Sukhia

Estate Planning, Civil Rights, Collection, Personal Injury

Status: Licensed: 24 Years

CONTACT

5800 Soundview Dr, Gig Harbor, WA 98335

Mark Ronald Roberts

Construction, Municipal, Business & Trade, Commercial Bankruptcy

Status: Licensed: 36 Years

CONTACT

7525 Pioneer Way, Gig Harbor, WA 98335

Michael Wayne Johns

Construction, Civil Rights, Business & Trade, Commercial Bankruptcy

Status: Licensed: 33 Years

CONTACT

7525 Pioneer Way, Gig Harbor, WA 98335

Michael M. K. Hemphill

Land Use & Zoning, Construction, Business & Trade, Commercial Bankruptcy

Status: Licensed: 28 Years

CONTACT

7525 Pioneer Way, Gig Harbor, WA 98335

David C Gillman

Personal Injury, DUI-DWI, Bankruptcy, Landlord-Tenant, Criminal

Status: Licensed: 25 Years

CONTACT

7512 Stanich, Gig Harbor, WA 98335

Alessandro Canali

Commercial Real Estate, International Other, Contract, Commercial Bankruptcy

Status: Licensed: 23 Years

CONTACT

7512 Stanich Ln, Gig Harbor, WA 98335

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LEGAL TERMS

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.

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.

C CORPORATION

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S c... (more...)

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S corporation, whose profits are passed through to shareholders and taxed on their personal returns under subchapter S of the Internal Revenue Code.

FCBA

See Fair Credit Billing Act.

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.

PREFERENCE

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commer... (more...)

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commercial creditors) and within one year for insider creditors (friends, family members, and business associates). Because a preference gives the creditor who received the payment an edge over other creditors in the bankruptcy case, the trustee can recover the preference (the amount of the payment) and distribute it among all of the creditors.

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.

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.

SOLE PROPRIETORSHIP

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, m... (more...)

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, meaning that business profits are reported and taxed on the owner's personal tax return. Setting up a sole proprietorship is cheap and easy since no legal formation documents need be filed with any governmental agency (although tax registration and other permit and license requirements may still apply). Once you file a fictitious name statement (assuming you don't use your own name) and obtain any required basic tax permits and business licenses, you'll be in business. The main downside of a sole proprietorship is that its owner is personally liable for all business debts.

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Lakebay Bankruptcy & Debt Lawyer, Washington

Sponsored Law Firm

Leavy Schultz Davis, P.S.

SPONSORED LAWYERS

George Peter Rose

Wayne Beale Knight

Mary Elizabeth Solan

Ralph Wilhem Flick

Nathan D Sukhia

Mark Ronald Roberts

Michael Wayne Johns

Michael M. K. Hemphill

David C Gillman

Alessandro Canali

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LEGAL TERMS

HOUSEHOLDER

FRAUDULENT TRANSFER

C CORPORATION

FCBA

S CORPORATION

PREFERENCE

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

CHAPTER 7 BANKRUPTCY

SOLE PROPRIETORSHIP

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