Elgin Bankruptcy & Debt Lawyer, Oregon

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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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Martin J Birnbaum

General Practice

Status: Inactive Licensed: 40 Years

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68552 Hunter Rd, Summerville, OR 97876

Deanna Jean Shirley Williams

General Practice

Status: In Good Standing Licensed: 35 Years

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Enterprise, OR 97828

George M Galloway

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Status: In Good Standing Licensed: 49 Years

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Cove, OR 97824

Ronald Dean Schenck

General Practice

Status: Suspended Licensed: 62 Years

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Wallowa, OR 97885

Ronald D Schenck

General Practice

Status: Suspended Licensed: 62 Years

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Wallowa, OR 97885

Roland W Johnson

General Practice

Status: In Good Standing Licensed: 47 Years

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Wallowa, OR 97885

Wade P Bettis

Traffic, Immigration, Wrongful Termination, Divorce & Family Law

Status: In Good Standing Licensed: 52 Years

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1906 4th St, La Grande, OR 97850

James Aron Schaeffer

Business Organization, Criminal, Family Law

Status: In Good Standing Licensed: 21 Years

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2110 Cove Ave, La Grande, OR 97850

William L. Reynolds

General Practice

Status: Retired Licensed: 62 Years

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Enterprise, OR 97828

Alyssa Diane Slater

Estate, Divorce, Divorce & Family Law, Medical Malpractice

Status: In Good Standing Licensed: 22 Years

CONTACT

107 Depot St, La Grande, OR 97850

800-923-0641

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LEGAL TERMS

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.

SECURED DEBT

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collater... (more...)

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collateral, to satisfy the debt if you default. Compare unsecured debt.

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.

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.

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.

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.

FDCPA

See Fair Debt Collections & Practices Act.

FCRA

See Fair Credit Reporting Act.

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.

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Elgin Bankruptcy & Debt Lawyer, Oregon

Sponsored Law Firm

Leavy Schultz Davis, P.S.

SPONSORED LAWYERS

Martin J Birnbaum

Deanna Jean Shirley Williams

George M Galloway

Ronald Dean Schenck

Ronald D Schenck

Roland W Johnson

Wade P Bettis

James Aron Schaeffer

William L. Reynolds

Alyssa Diane Slater

TIPS

LEGAL TERMS

SETOFF

SECURED DEBT

CREDIT BUREAU

SOLE PROPRIETORSHIP

FRAUDULENT TRANSFER

NONEXEMPT PROPERTY

FDCPA

FCRA

SUBROGATION

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