Fox Island Bankruptcy & Debt Lawyer, Washington, page 5

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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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Julie C. Rho

Federal, Family Law, Criminal, Bankruptcy

Status: In Good Standing

CONTACT

4003 6Th Ave, Tacoma, WA 98406

James Haynes Burnett

Bankruptcy, Traffic

Status: In Good Standing Licensed: 31 Years

CONTACT

9315 Gravelly Lake Dr Sw, Tacoma, WA 98499

Julie Beth Oates Watson

Bankruptcy, Consumer Bankruptcy, Bankruptcy & Debt, Bankruptcy & Debt, Real Estate

Status: In Good Standing Licensed: 45 Years

CONTACT

5515 Steilacoom BLVD SW, Lakewood, WA 98499

Jack Gary Orr

Commercial Real Estate, Corporate, Contract, Commercial Bankruptcy

Status: In Good Standing Licensed: 48 Years

CONTACT

2610 N Alder St, Tacoma, WA 98407

Glenn Andrew Harris

Bankruptcy, Civil Rights, Family Law, Estate Planning

Status: Deceased Licensed: 34 Years

CONTACT

3110 N 30Th St, Tacoma, WA 98407

Lark Pelling

Contract, Dispute Resolution, Commercial Bankruptcy, Legal Malpractice

Status: In Good Standing Licensed: 18 Years

CONTACT

23615 147Th Ave Sw, Vashon, WA 98070

Russell J Atkatsh

Landlord-Tenant, Traffic, Family Law, Bankruptcy

Status: In Good Standing Licensed: 21 Years

CONTACT

9315 Gravelly Lake Dr Sw, Tacoma, WA 98499

Jessica Jozefowicz

Commercial Real Estate, Employment Discrimination, Civil Rights, Collection

Status: In Good Standing Licensed: 20 Years

CONTACT

9315 Gravelly Lake Dr Sw, Tacoma, WA 98499

Joseph Matthew Woodland

Family Law, Criminal, Contract, Consumer Bankruptcy

Status: In Good Standing Licensed: 37 Years

CONTACT

9315 Gravelly Lake Dr Sw, Tacoma, WA 98499

G. Patrick Healy

Land Use & Zoning, Business & Trade, Contract, Commercial Bankruptcy

Status: In Good Standing Licensed: 52 Years

CONTACT

10 Mare Vista Ter, Tacoma, WA 98403

800-923-0641

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LEGAL TERMS

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.

NONPROFIT CORPORATION

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or f... (more...)

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or for some public purpose (such as a hospital, environmental organization or literary society). Nonprofit corporations, despite the name, can make a profit, but the business cannot be designed primarily for profit-making purposes, and the profits must be used for the benefit of the organization or purpose the corporation was created to help. When a nonprofit corporation dissolves, any remaining assets must be distributed to another nonprofit, not to board members. As with for-profit corporations, directors of nonprofit corporations are normally shielded from personal liability for the organization's debts. Some nonprofit corporations qualify for a federal tax exemption under _ 501(c)(3) of the Internal Revenue Code, with the result that contributions to the nonprofit are tax deductible by their donors.

CURRENT MONTHLY INCOME

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding... (more...)

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding the bankruptcy filing. The debtor's current monthly income is used to determine whether the debtor can file for Chapter 7 bankruptcy, among other things.

FAIR CREDIT REPORTING ACT (FCRA)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to a... (more...)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to adopt reasonable procedures for gathering, maintaining and disseminating information and bars credit bureaus from reporting negative information that is older than seven years, except a bankruptcy, which may be reported for ten. If you notify a credit bureau of an error in your credit report, the FCRA requires the bureau to investigate your allegations within 30 days, review all information you provide, remove inaccurate and unverified information and adopt procedures to keep the information from reappearing. In addition, the law requires that creditors refrain from reporting incorrect information to credit bureaus.

CYBERSQUATTING

Buying a domain name that reflects the name of a business or famous person with the intent of selling the name back to the business or celebrity for a profit. T... (more...)

Buying a domain name that reflects the name of a business or famous person with the intent of selling the name back to the business or celebrity for a profit. The Anticybersquatting Consumer Protection Act of 1999 authorizes a cybersquatting victim to file a federal lawsuit to regain a domain name or sue for financial compensation. Under the act, registering, selling or using a domain name with the intent to profit from someone else's good name is considered cybersquatting. Victims of cybersquatting can also use the provisions of the Uniform Domain Name Dispute Resolution Policy adopted by ICANN, an international tribunal administering domain names. This international policy results in arbitration of the dispute, not litigation.

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.

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.

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.

DISCHARGE (OF DEBTS)

A bankruptcy court's erasure of the debts of a person or business that has filed for bankruptcy.

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Fox Island Bankruptcy & Debt Lawyer, Washington, page 5

Sponsored Law Firm

Leavy Schultz Davis, P.S.

SPONSORED LAWYERS

Julie C. Rho

James Haynes Burnett

Julie Beth Oates Watson

Jack Gary Orr

Glenn Andrew Harris

Lark Pelling

Russell J Atkatsh

Jessica Jozefowicz

Joseph Matthew Woodland

G. Patrick Healy

TIPS

LEGAL TERMS

REDEMPTION

NONPROFIT CORPORATION

CURRENT MONTHLY INCOME

FAIR CREDIT REPORTING ACT (FCRA)

CYBERSQUATTING

GENERAL PARTNER

PREFERENCE

SETOFF

DISCHARGE (OF DEBTS)

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