Thorp Bankruptcy Lawyer, Washington, page 3

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Jason Newcombe
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Washington Law Group, PLLC
Proudly Serving The Greater Puget Sound RegionÂ» 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

Alma A Zuniga

Family Law, Divorce & Family Law, Consumer Rights, Consumer Bankruptcy

Status: In Good Standing Licensed: 17 Years

CONTACT

311 N 4Th St, Yakima, WA 98901

Kenneth D Colvin

Foreclosure, Credit & Debt, Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 48 Years

CONTACT

Yakima, WA 98907

Paul H Williams

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

Status: Inactive Licensed: 23 Years

CONTACT

Yakima, WA 98907

Michele Besso

Housing & Construction Defects, Real Estate, Employment Discrimination, Consumer Bankruptcy

Status: In Good Standing Licensed: 37 Years

CONTACT

311 N 4Th St, Yakima, WA 98901

Lauren W. Dobbs

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

Status: Deceased Licensed: 72 Years

CONTACT

24 N 2Nd St, Yakima, WA 98901

Michael Jerome Thorner

Land Use & Zoning, Estate Planning, Life & Health, Commercial Bankruptcy

Status: In Good Standing

CONTACT

Yakima, WA 98907

Terry C Schmalz

Land Use & Zoning, Environmental Law Other, Business & Trade, Commercial Bankruptcy

Status: In Good Standing Licensed: 59 Years

CONTACT

Yakima, WA 98907

Michael Frederick Shinn

Land Use & Zoning, Elder Law, Business & Trade, Commercial Bankruptcy

Status: In Good Standing Licensed: 40 Years

CONTACT

Yakima, WA 98907

Van Noy Culpepper

Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 49 Years

CONTACT

Yakima, WA 98907

Thomas D. Nagle

Bankruptcy

Status: Deceased Licensed: 42 Years

CONTACT

Yakima, WA 98903

800-923-0641

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LEGAL TERMS

DISCHARGE (OF DEBTS)

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

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).

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.

GUARANTOR

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. T... (more...)

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. The guarantor gives a 'guaranty,' which is an assurance that the debt or other obligation will be fulfilled.

SECURED DEBT

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collater... (more...)

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collateral, to satisfy the debt if you default. Compare unsecured debt.

FRAUDULENT TRANSFER

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee --... (more...)

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee -- for instance, when a debtor signs a car over to a relative to keep it out of the bankruptcy estate. Fraudulently transferred property can be recovered and sold by the trustee for the benefit of the creditors.

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.

CHAPTER 13 BANKRUPTCY

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your inc... (more...)

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your income to pay all or a portion of the debts over three to five years. The minimum amount you must pay is roughly equal to the value of your nonexempt property. In addition, you must pledge your disposable net income -- after subtracting reasonable expenses -- for the period during which you are making payments. At the end of the three-to five-year period, the balance of what you owe on most debts is erased.

CCCS

See Consumer Credit Counseling Service.

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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Thorp Bankruptcy Lawyer, Washington, page 3

Sponsored Law Firm

Washington Law Group, PLLC

SPONSORED LAWYERS

Alma A Zuniga

Kenneth D Colvin

Paul H Williams

Michele Besso

Lauren W. Dobbs

Michael Jerome Thorner

Terry C Schmalz

Michael Frederick Shinn

Van Noy Culpepper

Thomas D. Nagle

TIPS

LEGAL TERMS

DISCHARGE (OF DEBTS)

LIEN

DEBIT CARD

GUARANTOR

SECURED DEBT

FRAUDULENT TRANSFER

GENERAL PARTNER

CHAPTER 13 BANKRUPTCY

CCCS

SAMPLE LEGAL CASES

Miller v. Campbell

Baldwin v. Silver

Krueger v. Tippett

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