Arlington Bankruptcy & Debt Lawyer, Washington, page 3

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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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Brian K. Hammer

Landlord-Tenant, Estate Planning, Business & Trade, Commercial Bankruptcy

Status: Inactive Licensed: 47 Years

CONTACT

Everett, WA 98206

David Douglas Spencer

Land Use & Zoning, International Other, Contract, Commercial Bankruptcy

Status: Deceased Licensed: 38 Years

CONTACT

1621 Lake Mount Dr, Snohomish, WA 98290

Kenneth Joseph Schneider

Tax, Foreclosure, Divorce & Family Law, Collection

Status: In Good Standing

FREE CONSULTATION

CONTACT

2015 33rd Street, Everett, WA 98201

Daniel Benn Ehrlich

Estate Planning, Family Law, Civil Rights, Collection

Status: In Good Standing

CONTACT

3228 Broadway, Everett, WA 98201

Susan Elizabeth Skelton

Power of Attorney, Traffic, Family Law, Bankruptcy

Status: In Good Standing

CONTACT

1812 Hewitt Ave, Everett, WA 98201

Daniel Benn Ehrlich

Estate Planning, Family Law, Civil Rights, Collection

Status: In Good Standing

CONTACT

3228 Broadway, Everett, WA 98201

David Roderick Coombs

Landlord-Tenant, Family Law, Credit & Debt, Bankruptcy & Debt

Status: In Good Standing Licensed: 10 Years

CONTACT

2822 Colby Avenue, Everett, WA 98201

Kenneth Joseph Schneider

Dispute Resolution, Insurance, Bankruptcy & Debt

Status: In Good Standing Licensed: 32 Years

CONTACT

2015 33rd St, Everett, WA 98201

Courtney Criss

Wills, Estate Planning, Estate, Bankruptcy

Status: In Good Standing Licensed: 16 Years

CONTACT

2305 97Th Dr Se, Lake Stevens, WA 98258

Tayah E. H. Smoot

International Tax, Estate Planning, Business & Trade, Commercial Bankruptcy

Status: In Good Standing Licensed: 15 Years

CONTACT

3128 Colby Ave, Everett, WA 98201

800-923-0641

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LEGAL TERMS

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.

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.

CURRENT MONTHLY INCOME

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding... (more...)

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding the bankruptcy filing. The debtor's current monthly income is used to determine whether the debtor can file for Chapter 7 bankruptcy, among other things.

LIMITED PARTNERSHIP

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner ... (more...)

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner or partners (called general partners) have unlimited personal liability. The key difference between a general and limited partner concerns management decision making--general partners run the business, and limited partners, who are usually passive investors, are not allowed to make day-to-day business decisions. If they do, they risk being treated as general partners with unlimited personal liability.

FAIR CREDIT BILLING ACT (FCBA)

A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days af... (more...)

A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days after it mailed the bill to you. The company must then correct the mistake, or at least acknowledge receipt of your letter within 30 days, and must correct the error within 90 days or explain why it believes the credit card statement is correct.

CREDIT INSURANCE

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay o... (more...)

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay off the remaining balance. Federal and state consumer protection laws require the lender to disclose to existing and potential borrowers the terms and costs of obtaining credit insurance because it can affect the terms of the loan.

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.

CYBERSQUATTING

Buying a domain name that reflects the name of a business or famous person with the intent of selling the name back to the business or celebrity for a profit. T... (more...)

Buying a domain name that reflects the name of a business or famous person with the intent of selling the name back to the business or celebrity for a profit. The Anticybersquatting Consumer Protection Act of 1999 authorizes a cybersquatting victim to file a federal lawsuit to regain a domain name or sue for financial compensation. Under the act, registering, selling or using a domain name with the intent to profit from someone else's good name is considered cybersquatting. Victims of cybersquatting can also use the provisions of the Uniform Domain Name Dispute Resolution Policy adopted by ICANN, an international tribunal administering domain names. This international policy results in arbitration of the dispute, not litigation.

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.

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Arlington Bankruptcy & Debt Lawyer, Washington, page 3

Sponsored Law Firm

Leavy Schultz Davis, P.S.

SPONSORED LAWYERS

Brian K. Hammer

David Douglas Spencer

Kenneth Joseph Schneider

Daniel Benn Ehrlich

Susan Elizabeth Skelton

Daniel Benn Ehrlich

David Roderick Coombs

Kenneth Joseph Schneider

Courtney Criss

Tayah E. H. Smoot

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LEGAL TERMS

FRAUDULENT TRANSFER

INTEREST

CURRENT MONTHLY INCOME

LIMITED PARTNERSHIP

FAIR CREDIT BILLING ACT (FCBA)

CREDIT INSURANCE

UNSECURED DEBT

CYBERSQUATTING

LIABILITY

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