Bothell Bankruptcy & Debt Lawyer, Washington

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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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Jason Newcombe

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Criminal, Divorce & Family Law, Bankruptcy & Debt, Accident & Injury, Traffic

From our offices in Seattle and throughout the state of Washington, we help families solve difficult legal problems and move on with their lives. W... (more)

FREE CONSULTATION

CONTACT

800-699-2370

10700 Meridian Ave, Seattle, WA 98133

George Peter Klika

International Other, Land Use & Zoning, Bankruptcy, Estate Planning

Status: Licensed: 43 Years

CONTACT

Bothell, WA 98028

Jeffrey Richard Ouimet

Patent, Copyright, Business & Trade, Commercial Bankruptcy

Status: Licensed: 34 Years

CONTACT

1602 237Th Pl Sw, Bothell, WA 98021

Setareh Mahmoodi

Elder Law, Corporate, Collection, Estate

Status: Licensed: 14 Years

CONTACT

18222 104Th Ave Ne, Bothell, WA 98011

Douglas G Anderson

International Tax, Civil Rights, Corporate, Bankruptcy

Status: Licensed: 55 Years

CONTACT

18222 104Th Ave Ne, Bothell, WA 98011

Rodney T. Harmon

Civil Rights, Contract, Collection

Status: Licensed: 45 Years

CONTACT

P.O. Box 1066, Bothell, WA 98041

John Jacob Tollefsen

Bankruptcy, Business, International, Litigation, Securities

Status:

CONTACT

18225 8Th Pl W, Lynnwood, WA 98037

Daniel J Mills

Status: Licensed: 18 Years

CONTACT

14503 28Th Dr Se, Bothell, WA 98012

Jason M Casebolt

Contract, Personal Injury, Commercial Bankruptcy, Corporate

Status: Licensed: 15 Years

CONTACT

13300 Bothell Everett Hwy, Bothell, WA 98012

Claudia Elizabeth Augustine

Wills, Estate Planning, Business & Trade, Commercial Bankruptcy

Status: Licensed: 26 Years

CONTACT

Bothell, WA 98082

800-814-6700

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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.

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.

FDCPA

See Fair Debt Collections & Practices Act.

CREDIT FILE

See credit report.

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.

DISCHARGE (OF DEBTS)

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

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.

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.

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.

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Bothell Bankruptcy & Debt Lawyer, Washington

Sponsored Law Firm

Leavy Schultz Davis, P.S.

SPONSORED LAWYERS

Jason Newcombe

George Peter Klika

Jeffrey Richard Ouimet

Setareh Mahmoodi

Douglas G Anderson

Rodney T. Harmon

John Jacob Tollefsen

Daniel J Mills

Jason M Casebolt

Claudia Elizabeth Augustine

TIPS

LEGAL TERMS

SOLE PROPRIETORSHIP

WINDING UP

FDCPA

CREDIT FILE

DEBIT CARD

DISCHARGE (OF DEBTS)

LIMITED PARTNERSHIP

S CORPORATION

FAIR CREDIT BILLING ACT (FCBA)

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