Mineral Bankruptcy 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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2. Email
3. Refer
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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

Steven Lynn Stovall

Commercial Real Estate, Estate Planning, Contract, Commercial Bankruptcy

Status: In Good Standing Licensed: 23 Years

CONTACT

2606 Marietta St, Steilacoom, WA 98388

Richard Drake Bozarth

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

Status: In Good Standing Licensed: 48 Years

CONTACT

1201 24Th Avenue Ct, Milton, WA 98354

Kenneth E. Rossback

Immigration, Criminal, Credit & Debt, Bankruptcy

Status: Deceased Licensed: 34 Years

CONTACT

3701 Center St, Tacoma, WA 98409

Richard H. Wooster

Labor Law, Civil Rights, Corporate, Commercial Bankruptcy, Employment

Status: In Good Standing

CONTACT

1901 S I St, Tacoma, WA 98405

Gregory R. Tolbert

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

Status: In Good Standing Licensed: 35 Years

CONTACT

9603 39Th Loop Ne, Lacey, WA 98516

Russell Andrew Knight

Commercial Real Estate, Civil Rights, Business & Trade, Commercial Bankruptcy

Status: In Good Standing Licensed: 16 Years

CONTACT

1501 Dock St, Tacoma, WA 98402

Kelly Ann Delaat-Maher

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

Status: In Good Standing Licensed: 28 Years

CONTACT

1501 Dock St, Tacoma, WA 98402

Robert Louis Michaels

Estate Planning, Business & Trade, Corporate, Bankruptcy

Status: In Good Standing Licensed: 40 Years

CONTACT

1501 Dock St, Tacoma, WA 98402

Michael Gregory Malaier

State Government, Government, Bankruptcy

Status: In Good Standing Licensed: 21 Years

CONTACT

2122 Commerce St, Tacoma, WA 98402

Terry Lynn Brink

Real Estate, Child Custody, Transactions, Bankruptcy

Status: In Good Standing Licensed: 36 Years

CONTACT

1201 Pacific Ave, Tacoma, WA 98402

800-923-0641

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LEGAL TERMS

FORBEARANCE

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily ... (more...)

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily postponing or reducing the borrower's payments.

PRIORITY DEBT

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13... (more...)

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13 bankruptcy. Priority debts include alimony and child support, fees owed to the trustee and the attorney in the bankruptcy case, and wages owed to employees.

CHAPTER 7 BANKRUPTCY

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 b... (more...)

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 bankruptcy takes from three to six months, costs about $200, and commonly requires only one trip to the courthouse.

LIQUIDATING PARTNER

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

INTEREST

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to ... (more...)

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to your balance. This means that if your loan or credit line has an interest rate of 8%, the holder adds 8% to the balance each year. More specifically, interest is calculated and added to your loan or credit line through a process called compounding. If interest is compounded daily, the balance will rise by 1/365th of 8% each day. If interest is compounded monthly, the balance will rise 1/12th of 8% at the start of each month.

LIMITED LIABILITY

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or ... (more...)

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or a person who invests in a corporation (a shareholder) generally stands to lose only the amount of money invested in the business. This means that if the business folds, creditors cannot seize or sell an owner's home, car, or other personal assets.

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.

COLLECTION AGENCY

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the d... (more...)

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the debt themselves, typically through letters (called 'dunning' letters) and telephone calls. Collection agencies are regulated by the federal Fair Debt Collection Practices Act. Unfortunately, too many collectors ignore this law.

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.

SAMPLE LEGAL CASES

Miller v. Campbell

... OWENS, J. Â¶ 1 We originally granted review of this case to determine whether judicial estoppel should apply to prevent a plaintiff from pursuing a claim of childhood sexual abuse after he failed to disclose the claim as an asset in prior chapter 7 bankruptcy proceedings. ...

Baldwin v. Silver

... SWEENEY, J. Â¶ 1 The equitable doctrine of judicial estoppel precludes, among other things, a party from later asserting a claim that it failed to list in bankruptcy schedules. ... 172 Â¶ 4 The Silvers filed for chapter 7 bankruptcy in February 2007. ...

Krueger v. Tippett

... 3 The Kruegers filed for bankruptcy in 1981. In 1985, the bankruptcy trustee entered into an agreement with the Tippetts. The agreement abandoned the bankruptcy estate's interest in the life insurance policy and some other Krueger assets. ...

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Mineral Bankruptcy Lawyer, Washington, page 5

Sponsored Law Firm

Leavy Schultz Davis, P.S.

SPONSORED LAWYERS

Steven Lynn Stovall

Richard Drake Bozarth

Kenneth E. Rossback

Richard H. Wooster

Gregory R. Tolbert

Russell Andrew Knight

Kelly Ann Delaat-Maher

Robert Louis Michaels

Michael Gregory Malaier

Terry Lynn Brink

TIPS

LEGAL TERMS

FORBEARANCE

PRIORITY DEBT

CHAPTER 7 BANKRUPTCY

LIQUIDATING PARTNER

INTEREST

LIMITED LIABILITY

DISCHARGEABLE DEBTS

COLLECTION AGENCY

UNSECURED DEBT

SAMPLE LEGAL CASES

Miller v. Campbell

Baldwin v. Silver

Krueger v. Tippett

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