Lane County, OR Workout Lawyers

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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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Raymond J. Bradley

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Accident & Injury, Car Accident, Personal Injury, Admiralty & Maritime, Wrongful Death

Since 1970, the Law Offices of Ray Bradley has distinguished itself as one of the premier Personal Injury law firms in Eugene, OR, Portland Oregon, an... (more)

FREE CONSULTATION

CONTACT

800-745-6310

700 Lawrence St, Eugene, OR 97401

Wilson "Bo" Muhlheim

Corporate, Credit & Debt, Bankruptcy Litigation, Bankruptcy

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CONTACT

88 East Broadway, Eugene, OR 97401

Hugh Duvall

Military, White Collar Crime, DUI-DWI, Criminal

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FREE CONSULTATION

CONTACT

856 Olive Street, Eugene, OR 97401

Joe Metcalfe

Computer Law, Copyright, Criminal, DUI-DWI

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FREE CONSULTATION

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856 Olive Street, Eugene, OR 97401

Gloria J. Trainor

Products Liability, Personal Injury, Mental Health, Litigation, Mass Torts

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975 Oak Street, Citizen's Building, Eugene, OR 97401

Travis L. Sydow

Wills & Probate, Securities, Franchising, Banking & Finance

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CONTACT

4710 Village Plaza Loop, Eugene, OR 97401

Marianne G. Dugan

Environmental Law, Employment, Consumer Rights, Civil Rights, Credit & Debt

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CONTACT

259 E. 5th Ave., Eugene, OR 97401

Natalie C. Scott

Federal Appellate Practice, Children's Rights, Bankruptcy Litigation, Bankruptcy

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CONTACT

The Scott Law Group, Eugene, OR 97401

David A. Hill

Traffic, DUI-DWI, Criminal

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FREE CONSULTATION

CONTACT

1147 High Street, Eugene, OR 97401

Jacob K. Clifton

Wills & Probate, Estate Planning, Business Organization, Administrative Law

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CONTACT

975 Oak Street, Citizen's Building, Eugene, OR 97401

800-814-6700

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LEGAL TERMS

DISPOSABLE INCOME

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Ch... (more...)

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Chapter 13 plan.

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.

BULK SALES LAW

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to ... (more...)

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to conduct a bulk sale of business assets -- that is, get rid of an unusually large amount of inventory, merchandise or equipment -- the business owner must typically publish a notice of the sale and give written notice to creditors. Then, the owner must set up an account to hold the funds from the sale for a brief period of time during which creditors may make claims against the money. The prohibition against bulk sales is spelled out in the Uniform Commercial Code -- and laws modeled on the UCC have been generally adopted throughout the country.

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.

DEFINED CONTRIBUTION PLAN

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount ... (more...)

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount every month, or every year, for each employee. The employer usually pays a fixed percentage of an employee's wages or salary, although sometimes the amount is a fraction of the company's profits, with the size of each employee's pension share depending on the amount of wage or salary. Upon retirement, each employee's pension is determined by how much was contributed to the fund on behalf of that employee over the years, plus whatever earnings that money has accumulated as part of the investments of the entire pension fund.

FAIR LABOR STANDARDS ACT (FLSA)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements ... (more...)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements for overtime and places restrictions on child labor.

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.

SETOFF

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a countercl... (more...)

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a counterclaim filed by a defendant in a lawsuit. Banks may try to exercise a setoff by taking money out of a deposit account to satisfy past due payments on a loan or credit card bill. Such an act is illegal under most circumstances.

WINDING UP

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, a... (more...)

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, all with the ultimate goal of liquidating or closing down a corporation or partnership.

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Lane County, OR Workout Lawyers

Sponsored Law Firm

Leavy Schultz Davis, P.S.

SPONSORED LAWYERS

Raymond J. Bradley

Wilson "Bo" Muhlheim

Hugh Duvall

Joe Metcalfe

Gloria J. Trainor

Travis L. Sydow

Marianne G. Dugan

Natalie C. Scott

David A. Hill

Jacob K. Clifton

TIPS

LEGAL TERMS

DISPOSABLE INCOME

REDEMPTION

BULK SALES LAW

IRS EXPENSES

DEFINED CONTRIBUTION PLAN

FAIR LABOR STANDARDS ACT (FLSA)

SUBROGATION

SETOFF

WINDING UP

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