Cosmopolis Bankruptcy 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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2. Email
3. Refer
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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

C Scott Kee

Estate Planning, Insurance, Credit & Debt, Bankruptcy

Status: In Good Standing Licensed: 26 Years

CONTACT

324 W Bay Dr Nw, Olympia, WA 98502

Charles Harding Houser

Family Law, Business & Trade, Commercial Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 43 Years

CONTACT

324 W Bay Dr Nw, Olympia, WA 98502

Cynthia Tisdale Sanderson

State Government, Business & Trade, Administrative Law, Commercial Bankruptcy

Status: In Good Standing Licensed: 22 Years

CONTACT

1805 6Th Ave Sw, Olympia, WA 98502

Jay Allan Goldstein

Construction, Litigation, Life & Health, Commercial Bankruptcy

Status: In Good Standing Licensed: 32 Years

CONTACT

214 22Nd Ave Sw, Olympia, WA 98501

Kirk M. Veis

Land Use & Zoning, Corporate, Contract, Commercial Bankruptcy

Status: In Good Standing Licensed: 41 Years

CONTACT

1115 W Bay Dr Nw, Olympia, WA 98502

Jon Michael Anthony

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

Status: Deceased Licensed: 42 Years

CONTACT

2938 Limited Ln Nw, Olympia, WA 98502

Christopher Taylor

Litigation, Civil Rights, Administrative Law, Commercial Bankruptcy

Status: In Good Standing

CONTACT

203 4Th Ave E, Olympia, WA 98501

Nicole Marie Potebnya

Construction, Environmental Law Other, Corporate, Commercial Bankruptcy

Status: In Good Standing Licensed: 19 Years

CONTACT

Olympia, WA 98507

Shawn Michael Bunce

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

Status: In Good Standing Licensed: 22 Years

CONTACT

300 Deschutes Way Sw, Olympia, WA 98501

Richard G Phillips

Land Use & Zoning, Corporate, Contract, Commercial Bankruptcy

Status: In Good Standing

CONTACT

Olympia, WA 98508

800-923-0641

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LEGAL TERMS

BULK SALES LAW

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to ... (more...)

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to conduct a bulk sale of business assets -- that is, get rid of an unusually large amount of inventory, merchandise or equipment -- the business owner must typically publish a notice of the sale and give written notice to creditors. Then, the owner must set up an account to hold the funds from the sale for a brief period of time during which creditors may make claims against the money. The prohibition against bulk sales is spelled out in the Uniform Commercial Code -- and laws modeled on the UCC have been generally adopted throughout the country.

IRS EXPENSES

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income mu... (more...)

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income must use the IRS expenses to calculate their average net income in a Chapter 7 case, or their disposable income in a Chapter 13 case.

CREDIT BUREAU

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit... (more...)

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit card companies that use the information to screen applicants for loans and credit cards. There are three major credit bureaus, Equifax, Experian and Trans Union, and they are regulated by the federal Fair Credit Reporting Act.

FORBEARANCE

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily ... (more...)

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily postponing or reducing the borrower's payments.

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.

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.

COLLATERAL

Property that guarantees payment of a secured debt.

DOING BUSINESS AS (DBA)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or ... (more...)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or similar document with the appropriate agency -- for example, the county clerk. This enables consumers to discover the names of the business owners, which is important if a consumer needs to sue the business.

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.

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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Cosmopolis Bankruptcy Lawyer, Washington, page 3

Sponsored Law Firm

Leavy Schultz Davis, P.S.

SPONSORED LAWYERS

C Scott Kee

Charles Harding Houser

Cynthia Tisdale Sanderson

Jay Allan Goldstein

Kirk M. Veis

Jon Michael Anthony

Christopher Taylor

Nicole Marie Potebnya

Shawn Michael Bunce

Richard G Phillips

TIPS

LEGAL TERMS

BULK SALES LAW

IRS EXPENSES

CREDIT BUREAU

FORBEARANCE

PREFERENCE

INTEREST

COLLATERAL

DOING BUSINESS AS (DBA)

GRACE PERIOD

SAMPLE LEGAL CASES

Miller v. Campbell

Baldwin v. Silver

Krueger v. Tippett

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