Tacoma Bankruptcy Lawyer, Washington

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Jason Newcombe
About Us | Services
Washington Law Group, PLLC
201 St. Helens Ave #204 Tacoma, WA 98402Â» view map
Bankruptcy & Debt, Chapter 7, Chapter 13
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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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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

John Anton Sterbick

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Accident & Injury, Bankruptcy & Debt, Tax, Car Accident, Bankruptcy

For over 22 years, John A. Sterbick has been dedicated to providing thorough and experienced legal advice. Here at the Law Offices of John A. Sterbick... (more)

FREE CONSULTATION

CONTACT

800-878-4860

1010 South I Street, Tacoma, WA 98405

Kimberly Ann Macdonald

Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

5219 Pacific Ave, Tacoma, WA 98408

Annie Noelle Arbenz

Wills, Estate Planning, Business & Trade, Commercial Bankruptcy

Status: In Good Standing

CONTACT

2200 N 30Th St, Tacoma, WA 98403

Sheri L Nevlin

Commercial Real Estate, Foreclosure, Credit & Debt, Bankruptcy

Status: In Good Standing

CONTACT

Tacoma, WA 98464

Bertil F. Johnson

Estate Planning, Civil Rights, Insurance, Commercial Bankruptcy

Status: In Good Standing

CONTACT

920 Fawcett Ave, Tacoma, WA 98402

Christopher J Marston

Construction, Litigation, Business & Trade, Commercial Bankruptcy

Status: In Good Standing

CONTACT

920 Fawcett, Tacoma, WA 98401

Evan William Marques

Tax, Corporate, Contract, Commercial Bankruptcy

Status: In Good Standing Licensed: 16 Years

CONTACT

909 A Street, Tacoma, WA 98402

Mark E. Holcomb

Landlord-Tenant, Land Use & Zoning, Business & Trade, Commercial Bankruptcy

Status: In Good Standing

CONTACT

820 A St, Tacoma, WA 98402

Heather L Swann

Commercial Real Estate, Estate Planning, Family Law, Consumer Bankruptcy

Status: In Good Standing Licensed: 18 Years

CONTACT

201 S 34Th St, Tacoma, WA 98418

Richard H. Wooster

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

Status: In Good Standing

CONTACT

1901 S I St, Tacoma, WA 98405

800-923-0641

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LEGAL TERMS

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.

DEFINED CONTRIBUTION PLAN

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount ... (more...)

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount every month, or every year, for each employee. The employer usually pays a fixed percentage of an employee's wages or salary, although sometimes the amount is a fraction of the company's profits, with the size of each employee's pension share depending on the amount of wage or salary. Upon retirement, each employee's pension is determined by how much was contributed to the fund on behalf of that employee over the years, plus whatever earnings that money has accumulated as part of the investments of the entire pension fund.

CREDIT FILE

See credit report.

LIABILITY

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pi... (more...)

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pipe bursts the day after Paul installs it, ruining the bathroom floor. This raises the issue of liability: Who is responsible for the damage? Peri claims that Paul is responsible, and sues him for the cost of hiring another plumber to fix the pipe and replacing the floor. Paul, in turn, claims that the pipe manufacturer is responsible, because they supplied him with faulty materials. Both Peri and Paul must prove their claims in court; if Paul and/or the manufacturer is found liable, one or both will have to pay damages to Peri. (2) Something for which a person is liable. For example, a debt is often called a liability.

PRESUMED ABUSE

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means te... (more...)

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means test, the court will presume that the debtor has sufficient income to fund a Chapter 13 plan. In this situation, the debtor will not be allowed to proceed with a Chapter 7 bankruptcy unless the debtor can prove that he or she is not abusing the Chapter 7 bankruptcy remedy.

FRATERNAL BENEFIT SOCIETY BENEFITS

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal socie... (more...)

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal societies that provide benefits. Also called benefit society, benevolent society or mutual aid association benefits. Under bankruptcy laws, these benefits are virtually always considered exempt property.

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.

MEETING OF CREDITORS

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a f... (more...)

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a few questions. In a Chapter 7, the meeting of creditors lasts a few minutes and rarely do any creditors show up. In a Chapter 13 bankruptcy, one or two creditors may attend, especially if they disagree with some provision of your repayment plan.

COLLATERAL

Property that guarantees payment of a 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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Tacoma Bankruptcy Lawyer, Washington

Sponsored Law Firm

Washington Law Group, PLLC

SPONSORED LAWYERS

John Anton Sterbick

Kimberly Ann Macdonald

Annie Noelle Arbenz

Sheri L Nevlin

Bertil F. Johnson

Christopher J Marston

Evan William Marques

Mark E. Holcomb

Heather L Swann

Richard H. Wooster

TIPS

LEGAL TERMS

PREFERENCE

DEFINED CONTRIBUTION PLAN

CREDIT FILE

LIABILITY

PRESUMED ABUSE

FRATERNAL BENEFIT SOCIETY BENEFITS

DISCHARGEABLE DEBTS

MEETING OF CREDITORS

COLLATERAL

SAMPLE LEGAL CASES

Miller v. Campbell

Baldwin v. Silver

Krueger v. Tippett

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