Darrington Bankruptcy & Debt Lawyer, Washington

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Jason Newcombe
About Us | Services
Washington Law Group, PLLC
1721 Hewitt Ave #521 Everett, WA 98201Â» view map
Bankruptcy & Debt, Chapter 7, Chapter 13
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Bankruptcy is unquestionably one of the most powerful financial tools on the planet. Yet, many people struggle for years before even learning how easy it can be to qualify.

800-699-2370
1. Jason Newcombe Seattle, WA
  Attorney at Law - WA, 1999
  Boston College Law School, J.D. - 1997
2. About UsServing Washington
  Offices in Seattle, Bellevue, Tacoma, Everett, and Olympia
3. ServicesExperienced Attorneys
  We always offer a free initial consultation and case evaluation
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Not enough matches for Darrington Bankruptcy & Debt lawyer.
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Mark Timothy Higgins

General Practice

Status: Inactive Licensed: 46 Years

CONTACT

Darrington, WA 98241

Joseph Paul Williams

Malpractice, Federal Appellate Practice, Personal Injury

Status: Suspended Licensed: 21 Years

CONTACT

Darrington, WA 98241

Charles Robert Meyer

General Practice

Status: Inactive Licensed: 48 Years

CONTACT

Sultan, WA 98294

Kenneth A. Lee

General Practice

Status: Deceased Licensed: 53 Years

CONTACT

31214 Swede Heaven Rd, Arlington, WA 98223

Kem Hunter

General Practice

Status: Inactive Licensed: 24 Years

CONTACT

Index, WA 98256

Morris Clair Looysen

General Practice

Status: Deceased Licensed: 70 Years

CONTACT

Granite Falls, WA 98252

Catherine Elizabeth Frost

General Practice

Status: Suspended Licensed: 23 Years

CONTACT

Granite Falls, WA 98252

Jack James Lobdell

General Practice

Status: Inactive Licensed: 71 Years

CONTACT

Gold Bar, WA 98251

Michael B. Ramirez

General Practice

Status: In Good Standing Licensed: 18 Years

CONTACT

Gold Bar, WA 98251

David Ross Pitkin

General Practice

Status: Inactive Licensed: 59 Years

CONTACT

43100 Reiter Rd, Gold Bar, WA 98251

800-923-0641

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LEGAL TERMS

COLLATERAL

Property that guarantees payment of a secured debt.

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.

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.

FCRA

See Fair Credit Reporting Act.

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.

LIQUIDATING PARTNER

The member of an insolvent or dissolving partnership responsible for paying the debts and settling the accounts of the partnership.

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.

LIABILITY

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pi... (more...)

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pipe bursts the day after Paul installs it, ruining the bathroom floor. This raises the issue of liability: Who is responsible for the damage? Peri claims that Paul is responsible, and sues him for the cost of hiring another plumber to fix the pipe and replacing the floor. Paul, in turn, claims that the pipe manufacturer is responsible, because they supplied him with faulty materials. Both Peri and Paul must prove their claims in court; if Paul and/or the manufacturer is found liable, one or both will have to pay damages to Peri. (2) Something for which a person is liable. For example, a debt is often called a liability.

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Darrington Bankruptcy & Debt Lawyer, Washington

Sponsored Law Firm

Washington Law Group, PLLC

SPONSORED LAWYERS

Mark Timothy Higgins

Joseph Paul Williams

Charles Robert Meyer

Kenneth A. Lee

Kem Hunter

Morris Clair Looysen

Catherine Elizabeth Frost

Jack James Lobdell

Michael B. Ramirez

David Ross Pitkin

TIPS

LEGAL TERMS

COLLATERAL

S CORPORATION

PREFERENCE

DISPOSABLE INCOME

FCRA

FRAUDULENT TRANSFER

LIQUIDATING PARTNER

REAFFIRMATION

LIABILITY

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