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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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2. Email
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Susan Joyce Friedman

Patent, Copyright, Trusts, Credit & Debt

Status: Inactive Licensed: 32 Years

CONTACT

26520 Ne 15Th St, Kirkland, WA 98053

Elizabeth M. Quick

Bankruptcy, Consumer Protection, Credit & Debt, Estate Planning

Status: In Good Standing

FREE CONSULTATION

CONTACT

247 10th Ave, Kirkland, WA 98033

Adam G Hughes

General Practice

Status: In Good Standing Licensed: 21 Years

CONTACT

14245 79Th Ave Ne, Kirkland, WA 98034

Jeffrey King Grinnell

Dispute Resolution, Electronic Commerce, Credit & Debt, Collection

Status: In Good Standing Licensed: 45 Years

CONTACT

Kirkland, WA 98073

John P. Plovie

Federal, Identity Theft, Credit & Debt, Collection

Status: Inactive Licensed: 43 Years

CONTACT

Kirkland, WA 98073

Jared Trevor Varnes

International Tax, Foreclosure, Credit & Debt, Bankruptcy

Status: Inactive Licensed: 23 Years

CONTACT

Kirkland, WA 98083

Jeffrey A. Coop

General Practice

Status: In Good Standing Licensed: 28 Years

CONTACT

11250 Kirkland Way, Kirkland, WA 98033

Emily Ruth Hansen

Guardianships & Conservatorships, Civil Rights, Insurance, Credit & Debt

Status: In Good Standing Licensed: 46 Years

CONTACT

8410 Se 71St St, Mercer Island, WA 98040

Brent Richard Irvin

Litigation, Foreign Investment, Corporate, Credit & Debt

Status: In Good Standing Licensed: 21 Years

CONTACT

7510 Se 71St St, Mercer Island, WA 98040

Mark Jarmuth

Elder Law, Credit & Debt, Family Law, Bankruptcy

Status: Inactive Licensed: 31 Years

CONTACT

8610 164Th Ave Ne, Redmond, WA 98052

800-923-0641

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LEGAL TERMS

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.

S CORPORATION

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status fro... (more...)

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status from the Internal Revenue Service. Electing to do business as an S corporation lets shareholders enjoy limited liability status, as would be true of any corporation, but be taxed like a partnership or sole proprietor. That is, instead of being taxed as a separate entity (as would be the case with a regular or C corporation) an S corporation is a pass-through tax entity: income taxes are reported and paid by the shareholders, not the S corporation. To qualify as an S corporation a number of IRS rules must be met, such as a limit of 75 shareholders and citizenship requirements.

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.

GRACE PERIOD

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you h... (more...)

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you have to pay interest on the amount of your purchases. Cash advances, however, usually have no grace period; interest begins to accumulate from the date of the withdrawal, even if you pay your bills on time. Also, some student loans give you a grace period after graduating or dropping out of school. During this time, you are not required to make payments on your loan.

CHAPTER 7 BANKRUPTCY

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 b... (more...)

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 bankruptcy takes from three to six months, costs about $200, and commonly requires only one trip to the courthouse.

HOUSEHOLDER

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a ho... (more...)

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a homestead exemption and possibly other exemptions relating to the maintenance of the household.

FAIR LABOR STANDARDS ACT (FLSA)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements ... (more...)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements for overtime and places restrictions on child labor.

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemp... (more...)

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemptible because it has been damaged or destroyed.

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.

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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Bellevue Credit & Debt Lawyer, Washington, page 5

Sponsored Law Firm

Leavy Schultz Davis, P.S.

SPONSORED LAWYERS

Susan Joyce Friedman

Elizabeth M. Quick

Adam G Hughes

Jeffrey King Grinnell

John P. Plovie

Jared Trevor Varnes

Jeffrey A. Coop

Emily Ruth Hansen

Brent Richard Irvin

Mark Jarmuth

TIPS

LEGAL TERMS

DISPOSABLE INCOME

S CORPORATION

UNSECURED DEBT

GRACE PERIOD

CHAPTER 7 BANKRUPTCY

HOUSEHOLDER

FAIR LABOR STANDARDS ACT (FLSA)

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

PRESUMED ABUSE

SAMPLE LEGAL CASES

Discover Bank v. Bridges

Brown v. Household Realty Corp.

BOEING EMPLOYEES'CREDIT UNION v. Burns

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