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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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Kyra Myers Blair

Bankruptcy, Business, Government, Education

Status: Licensed: 18 Years

CONTACT

29320 Ne 62Nd Pl, Carnation, WA 98014

Nancy Ann Gass

Estate Planning, Family Law, Contract, Bankruptcy

Status: Licensed: 10 Years

CONTACT

Carnation, WA 98014

Cynthia L Brouillette

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: Licensed: 86 Years

CONTACT

4750 327Th Ave Ne, Carnation, WA 98014

Barbara L. Bishop

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: Licensed: 67 Years

CONTACT

Duvall, WA 98019

Mia Andrea Tobler

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: Licensed: 69 Years

CONTACT

Duvall, WA 98019

Lawrence Freeman Brown

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

Status: Licensed: 36 Years

CONTACT

Fall City, WA 98024

Cynthia R Kosanke

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: Licensed: 57 Years

CONTACT

Fall City, WA 98024

Marianne M. Kuehnell

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: Licensed: 76 Years

CONTACT

30624 Se Issaquah Fall City Rd, Fall City, WA 98024

David Westgor

Intellectual Property, Corporate, Contract, Commercial Bankruptcy

Status: Licensed: 32 Years

CONTACT

20433 Ne 37Th Way, Issaquah, WA 98074

Todd K Skoglund

Construction, Labor Law, Contract, Credit & Debt

Status: Licensed: 25 Years

CONTACT

704 228Th Ave Ne, Issaquah, WA 98074

800-814-6700

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LEGAL TERMS

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.

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.

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.

FORBEARANCE

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily ... (more...)

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily postponing or reducing the borrower's payments.

TRADE NAME

The official name of a business, the one it uses on its letterhead and bank account when not dealing with consumers.

MEANS TEST

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income ... (more...)

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income for his or her state should be allowed to file for Chapter 7 bankruptcy.

GRACE PERIOD

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you h... (more...)

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you have to pay interest on the amount of your purchases. Cash advances, however, usually have no grace period; interest begins to accumulate from the date of the withdrawal, even if you pay your bills on time. Also, some student loans give you a grace period after graduating or dropping out of school. During this time, you are not required to make payments on your loan.

REAFFIRMATION

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing deb... (more...)

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing debt after the bankruptcy case is over. For instance, a debtor might make a reaffirmation agreement with the holder of a car note that the debtor can keep the car and must continue to pay the debt after bankruptcy.

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Startup Bankruptcy & Debt Lawyer, Washington

Sponsored Law Firm

Leavy Schultz Davis, P.S.

SPONSORED LAWYERS

Kyra Myers Blair

Nancy Ann Gass

Cynthia L Brouillette

Barbara L. Bishop

Mia Andrea Tobler

Lawrence Freeman Brown

Cynthia R Kosanke

Marianne M. Kuehnell

David Westgor

Todd K Skoglund

TIPS

LEGAL TERMS

S CORPORATION

CHAPTER 7 BANKRUPTCY

INFRINGEMENT (OF TRADEMARK)

SOLE PROPRIETORSHIP

FORBEARANCE

TRADE NAME

MEANS TEST

GRACE PERIOD

REAFFIRMATION

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