Aberdeen 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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Deborah Kay French

Commercial Real Estate, Dispute Resolution, Contract, Commercial Bankruptcy

Status: Inactive Licensed: 69 Years

CONTACT

522 West Wishkah, Aberdeen, WA 98520

Raymond W Holliday

Commercial Bankruptcy, Commercial Real Estate, Insurance, Collection

Status: Inactive Licensed: 53 Years

CONTACT

218 W 9Th St, Aberdeen, WA 98520

Linda A. Ellis

Commercial Bankruptcy, Civil Rights, Estate Planning, Federal

Status: Suspended Licensed: 58 Years

CONTACT

3680 Wishkah Rd, Aberdeen, WA 98520

John Mcvay Clarke

General Practice

Status: Suspended Licensed: 68 Years

CONTACT

312 W 2Nd St, Aberdeen, WA 98520

John Michael Clark

Insurance, Litigation, Bankruptcy, Family Law

Status: Suspended Licensed: 49 Years

CONTACT

312 W 2Nd St, Aberdeen, WA 98520

Nancy A Tikka

Commercial Bankruptcy, Employment Discrimination, Civil Rights, Estate Planning

Status: Inactive Licensed: 57 Years

CONTACT

3666 Wishkah Rd, Aberdeen, WA 98520

Michael Gary Spencer

Family Law, Business & Trade, Commercial Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 48 Years

CONTACT

506 Bel Aire Ave, Aberdeen, WA 98520

Michael G. Spencer

Family Law, Business & Trade, Commercial Bankruptcy, Personal Injury

Status: In Good Standing

CONTACT

506 Bel Aire Ave, Aberdeen, WA 98520

Kelsey M. Bodnar

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: In Good Standing Licensed: 59 Years

CONTACT

522 West Wishkah, Aberdeen, WA 98520

Patricia A Allman

Commercial Bankruptcy, Commercial Real Estate, Real Estate

Status: Inactive Licensed: 21 Years

CONTACT

17 Rustemeyer Rd, Aberdeen, WA 98520

800-923-0641

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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.

NUISANCE FEES

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fe... (more...)

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fees, inactivity fees and fees for not carrying a balance from month to month. It's best to shop around and get rid of cards that have these fees attached.

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.

CCCS

See Consumer Credit Counseling Service.

CREDIT BUREAU

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit... (more...)

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit card companies that use the information to screen applicants for loans and credit cards. There are three major credit bureaus, Equifax, Experian and Trans Union, and they are regulated by the federal Fair Credit Reporting Act.

GENERAL PARTNER

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the... (more...)

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the business's debts and obligations. A general partner's actions can legally bind the entire business. See also partnership, limited partnership.

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.

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.

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.

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Aberdeen Bankruptcy & Debt Lawyer, Washington

Sponsored Law Firm

Leavy Schultz Davis, P.S.

SPONSORED LAWYERS

Deborah Kay French

Raymond W Holliday

Linda A. Ellis

John Mcvay Clarke

John Michael Clark

Nancy A Tikka

Michael Gary Spencer

Michael G. Spencer

Kelsey M. Bodnar

Patricia A Allman

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LEGAL TERMS

S CORPORATION

NUISANCE FEES

PREFERENCE

CCCS

CREDIT BUREAU

GENERAL PARTNER

PRESUMED ABUSE

REDEMPTION

DISCHARGEABLE DEBTS

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