Seattle Bankruptcy Lawyer, Washington, page 5

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Minh T. Tran
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Arrow Law Group, PLLC
1904 3rd Ave., Ste 930, Seattle, WA 98101 » view map
King County Bankruptcy Lawyer
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Arrow Law Group works together to devote their practice to helping people resolve issues related to debts, personal injury, family law, criminal defense, and immigration.

800-821-3170
1. Minh T. Tran Seattle, WA
  Attorney At Law - WA, 2009
  Michigan State, J.D.
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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

Patrick Joseph Dinio Santos

Status: In Good Standing Licensed: 18 Years

CONTACT

500 Union St, Seattle, WA 98101

Jeffrey Bruce Wells

Health Care, Employment, Bankruptcy, Property Damage

Status: In Good Standing

CONTACT

500 Union St, Seattle, WA 98101

Jeremy Neill Talton

Litigation, Civil Rights, Administrative Law, Consumer Bankruptcy

Status: In Good Standing Licensed: 18 Years

CONTACT

500 Union St, Seattle, WA 98101

Jack Michael Lovejoy

Securities, Civil Rights, Employment Discrimination, Commercial Bankruptcy

Status: In Good Standing Licensed: 19 Years

CONTACT

1001 4th Ave, Seattle, WA 98154

James Richard Woeppel

Admiralty & Maritime, Corporate, Contract, Commercial Bankruptcy

Status: In Good Standing Licensed: 46 Years

CONTACT

1001 4th Ave, Seattle, WA 98154

Dori Vicken Karjian

Corporate, Contract, Commercial Bankruptcy

Status: In Good Standing Licensed: 25 Years

CONTACT

701 Fifth Avenue, Seattle, WA 98104

Christopher Cavallar Mason

Litigation, Employment Discrimination, Business & Trade, Commercial Bankruptcy

Status: In Good Standing

CONTACT

701 5th Ave, Seattle, WA 98104

Jeff Smyth

Corporate, Litigation, Electronic Commerce, Dissolution

Status: In Good Standing

CONTACT

701 5th Ave, Seattle, WA 98104

Jon C Perry

Lawsuit & Dispute, Divorce & Family Law, Business, Bankruptcy

Status: In Good Standing Licensed: 33 Years

CONTACT

701 5Th Ave, Seattle, WA 98104

Tammy Shou-Tian Spellacy

Corporate, Contract, Commercial Bankruptcy, Legal Malpractice

Status: In Good Standing Licensed: 16 Years

CONTACT

701 5th Ave., Seattle, WA 98104

800-923-0641

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LEGAL TERMS

REPOSSESSION

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and ... (more...)

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and has not attempted to work with the lender to resolve the problem. A repossessor can't use force to get at your car, but he can legally hot-wire it and even drive it out of your unlocked garage.

LIEN

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortg... (more...)

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortgages, home equity loans, car loans and personal loans for which you pledge property to guarantee repayment. Liens created without your consent are called nonconsensual liens, and include judgment liens (liens filed by a creditor who has sued you and obtained a judgment), tax liens and mechanics liens (liens filed by a contractor who worked on your house but wasn't paid).

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.

AUTOMATIC STAY

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities,... (more...)

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities, such as filing or continuing lawsuits, making written requests for payment, or notifying credit reporting bureaus of an unpaid debt.

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.

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.

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.

DEBIT CARD

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can ... (more...)

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can also be used at stores to pay for goods and services in place of a check. Unlike a credit card, a debit card automatically withdraws money from your checking account at the time of the transaction. Debit cards are regulated by the Electronic Funds Transfer Act.

ADMINISTRATIVE EXPENSES

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Admi... (more...)

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Administrative costs are typically 10% of the debtor's total payments under the plan.

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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Seattle Bankruptcy Lawyer, Washington, page 5

Sponsored Law Firm

Arrow Law Group, PLLC

SPONSORED LAWYERS

Patrick Joseph Dinio Santos

Jeffrey Bruce Wells

Jeremy Neill Talton

Jack Michael Lovejoy

James Richard Woeppel

Dori Vicken Karjian

Christopher Cavallar Mason

Jeff Smyth

Jon C Perry

Tammy Shou-Tian Spellacy

TIPS

LEGAL TERMS

REPOSSESSION

LIEN

DISPOSABLE INCOME

AUTOMATIC STAY

UNSECURED DEBT

INTEREST

MEANS TEST

DEBIT CARD

ADMINISTRATIVE EXPENSES

SAMPLE LEGAL CASES

Miller v. Campbell

Baldwin v. Silver

Krueger v. Tippett

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