Deming 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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Steven C. Hathaway

Real Estate, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

3811 Consolidation Avenue, Bellingham, WA 98227

Joseph C Abbott

Foreclosure, Estate Planning, Business & Trade, Commercial Bankruptcy

Status: In Good Standing Licensed: 51 Years

CONTACT

Everson, WA 98247

Karen Lynn Mullen

Bankruptcy

Status: Inactive Licensed: 46 Years

CONTACT

7 Tumbling Water Dr, Bellingham, WA 98229

Robert Joseph La Rocco

Family Law, Civil Rights, Bankruptcy, Personal Injury

Status: Suspended Licensed: 14 Years

CONTACT

1255 Lakeview St, Bellingham, WA 98229

William Hall Johnson

International Tax, Estate Planning, Corporate, Commercial Bankruptcy

Status: In Good Standing Licensed: 37 Years

CONTACT

2200 Rimland Dr, Bellingham, WA 98226

Emily Rose Mowrey

Commercial Real Estate, Estate Planning, Corporate, Credit & Debt

Status: In Good Standing

CONTACT

1313 E Maple St, Bellingham, WA 98225

Robert Joseph La Rocco

Family Law, DUI-DWI, Criminal, Bankruptcy & Debt

Status: In Good Standing

CONTACT

1313 E Maple St, Bellingham, WA 98225

Heather Wolf

Land Use & Zoning, Environmental Law Other, Corporate, Commercial Bankruptcy

Status: In Good Standing Licensed: 27 Years

CONTACT

230 E Champion St, Bellingham, WA 98225

Kirsten D. Barron

Land Use & Zoning, Employment Discrimination, Corporate, Commercial Bankruptcy

Status: In Good Standing Licensed: 31 Years

CONTACT

300 N Commercial St, Bellingham, WA 98227

Jack H Grant

Commercial Real Estate, Land Use & Zoning, Business & Trade, Commercial Bankruptcy

Status: In Good Standing Licensed: 41 Years

CONTACT

114 West Magnolia Street, Bellingham, WA 98225

800-923-0641

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LEGAL TERMS

BANKRUPTCY

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are ... (more...)

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are two types of bankruptcies -- liquidation, in which your debts are wiped out (discharged) and reorganization, in which you provide the court with a plan for how you intend to repay your debts. For both consumers and business, liquidation bankruptcy is called Chapter 7. For consumers, reorganization bankruptcy is called Chapter 13. Reorganization bankruptcy for consumers with an extraordinary amount of debt and for businesses is called Chapter 11. Reorganization bankruptcy for family farmers is called Chapter 12.

UNDUE HARDSHIP

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in t... (more...)

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in the future to pay off the loan may be able to show that repayment would be an undue hardship.

UNSECURED DEBT

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only reme... (more...)

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only remedy is to sue you and get a judgment. Compare secured debt.

NONEXEMPT PROPERTY

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typicall... (more...)

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typically includes valuable clothing (furs) and electronic equipment, an expensive car that's been paid off and most of the equity in your house. Compare exempt property.

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.

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.

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.

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.

FRATERNAL BENEFIT SOCIETY BENEFITS

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal socie... (more...)

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal societies that provide benefits. Also called benefit society, benevolent society or mutual aid association benefits. Under bankruptcy laws, these benefits are virtually always considered exempt property.

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Deming Bankruptcy & Debt Lawyer, Washington

Sponsored Law Firm

Leavy Schultz Davis, P.S.

SPONSORED LAWYERS

Steven C. Hathaway

Joseph C Abbott

Karen Lynn Mullen

Robert Joseph La Rocco

William Hall Johnson

Emily Rose Mowrey

Robert Joseph La Rocco

Heather Wolf

Kirsten D. Barron

Jack H Grant

TIPS

LEGAL TERMS

BANKRUPTCY

UNDUE HARDSHIP

UNSECURED DEBT

NONEXEMPT PROPERTY

PREFERENCE

BULK SALES LAW

MEANS TEST

WINDING UP

FRATERNAL BENEFIT SOCIETY BENEFITS

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