Seattle Credit & Debt Lawyer, Washington

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Jason Newcombe
About Us | Services
Washington Law Group, PLLC
10700 Meridian Ave N #108 Seattle, WA 98133Â» view map
Bankruptcy & Debt, Chapter 7, Chapter 13
CONTACT US FOR A CONSULTATION

Bankruptcy is unquestionably one of the most powerful financial tools on the planet. Yet, many people struggle for years before even learning how easy it can be to qualify.

800-699-2370
1. Jason Newcombe Seattle, WA
  Attorney at Law - WA, 1999
  Boston College Law School, J.D. - 1997
2. About UsServing Washington
  Offices in Seattle, Bellevue, Tacoma, Everett, and Olympia
3. ServicesExperienced Attorneys
  We always offer a free initial consultation and case evaluation
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Thomas F McGrath

Credit & Debt

Status: In Good Standing

FREE CONSULTATION

CONTACT

13555 Bel Red Road, Bellevue, WA 98005

W John Sinsheimer

Credit & Debt

Status: In Good Standing

CONTACT

1001 4th Ave, Seattle, WA 98154

Erin C Walters

Landlord-Tenant, Litigation, Federal Appellate Practice, Credit & Debt

Status: In Good Standing Licensed: 17 Years

CONTACT

601 Union St, Seattle, WA 98101

R. Mark Chattin

Landlord-Tenant, Housing & Construction Defects, Real Estate, Credit & Debt

Status: In Good Standing Licensed: 32 Years

CONTACT

20025 Se 302Nd Ct, Kent, WA 98042

Bruce Joseph Borrus

Contract, Credit & Debt, Bankruptcy

Status: In Good Standing Licensed: 43 Years

CONTACT

1001 Fourth Avenue, Seattle, WA 98154

Jason Edward Wax

Foreclosure, Litigation, Credit & Debt, Collection

Status: In Good Standing Licensed: 74 Years

CONTACT

2033 6Th Ave, Seattle, WA 98121

John Michael Terpin

Civil Rights, Contract, Credit & Debt, Personal Injury

Status: In Good Standing Licensed: 18 Years

CONTACT

Seattle, WA 98194

Tuella O Sykes

Foreclosure, International Tax, Business & Trade, Credit & Debt

Status: In Good Standing Licensed: 19 Years

CONTACT

Seattle, WA 98114

Anthony V Harris

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

Status: In Good Standing Licensed: 19 Years

CONTACT

Seattle, WA 98124

Yaamini Sharma

General Practice

Status: In Good Standing

CONTACT

2033 6Th Ave, Seattle, WA 98121

800-923-0641

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LEGAL TERMS

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.

DISCHARGE (OF DEBTS)

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

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.

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.

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.

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.

CREDITOR

A person or entity (such as a bank) to whom a debt is owed.

DOING BUSINESS AS (DBA)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or ... (more...)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or similar document with the appropriate agency -- for example, the county clerk. This enables consumers to discover the names of the business owners, which is important if a consumer needs to sue the business.

TRUTH IN LENDING ACT (TILA)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disc... (more...)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disclose the terms of a loan, including the total amount of the loan, the annual interest rate and the number, amount and due dates of all payments necessary to repay the loan. The TILA requires additional disclosures and places many restrictions on mortgages.

SAMPLE LEGAL CASES

Discover Bank v. Bridges

... HOUGHTON, J. Â¶ 1 John and Julie Bridges appeal the trial court's grant of summary judgment on their credit card debt to Discover Bank. ... We reverse and remand. FACTS. Â¶ 2 Discover Bank filed a complaint against the Bridges, seeking payment of a credit card debt. ...

Brown v. Household Realty Corp.

... This debt consolidation reduced the Browns' total monthly payments for home loans and consumer credit accounts. ... 6 The same day, the Browns obtained from Household a second position line of credit to consolidate additional unsecured debt. ...

BOEING EMPLOYEES'CREDIT UNION v. Burns

... [2]. Â¶ 2 Here, Boeing Employees' Credit Union (BECU) is the holder of a subordinate deed of trust for ... [4] Accordingly, BECU is entitled to the surplus sales funds that are sufficient to satisfy the Burnses' unpaid debt to BECU. [5] We reverse and remand for further proceedings. ...

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Seattle Credit & Debt Lawyer, Washington

Sponsored Law Firm

Washington Law Group, PLLC

SPONSORED LAWYERS

Thomas F McGrath

W John Sinsheimer

Erin C Walters

R. Mark Chattin

Bruce Joseph Borrus

Jason Edward Wax

John Michael Terpin

Tuella O Sykes

Anthony V Harris

Yaamini Sharma

TIPS

LEGAL TERMS

SOLE PROPRIETORSHIP

DISCHARGE (OF DEBTS)

BANKRUPTCY

REPOSSESSION

GENERAL PARTNER

WINDING UP

CREDITOR

DOING BUSINESS AS (DBA)

TRUTH IN LENDING ACT (TILA)

SAMPLE LEGAL CASES

Discover Bank v. Bridges

Brown v. Household Realty Corp.

BOEING EMPLOYEES'CREDIT UNION v. Burns

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