Duvall Bankruptcy & Debt Lawyer, Washington, page 5

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Jason Newcombe
About Us | Services
Washington Law Group, PLLC
10700 Meridian Ave N #108 Seattle, WA 98133Â» view map
Bankruptcy & Debt, Chapter 7, Chapter 13
CONTACT US FOR A CONSULTATION

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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Michael O'Rourke

Administrative Law, Bankruptcy, International Other, Litigation

Status: In Good Standing

CONTACT

10675 Willows Road, Ne, Redmond, WA 98052

Richard Jerabek

Commercial Real Estate, Electronic Commerce, Business & Trade, Commercial Bankruptcy

Status: In Good Standing Licensed: 23 Years

CONTACT

999 Lake Dr, Issaquah, WA 98027

John Constans Ely

Estate Planning, Family Law, Business & Trade, Commercial Bankruptcy

Status: In Good Standing Licensed: 28 Years

CONTACT

18530 156Th Ave Ne, Woodinville, WA 98072

Robert Alan Bohrer

Labor Law, Credit & Debt, Estate Planning, Life & Health

Status: In Good Standing Licensed: 51 Years

CONTACT

15600 Ne 8Th St, Bellevue, WA 98008

David Martin Newman

Civil & Human Rights, Collection, Bankruptcy & Debt, Personal Injury

Status: In Good Standing

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16019 Se 9Th St, Bellevue, WA 98008

Craig Austin Farris

Intellectual Property, Securities, Contract, Commercial Bankruptcy

Status: In Good Standing Licensed: 22 Years

CONTACT

15010 Ne 36Th St, Redmond, WA 98052

Daniel Lee Hembree

Landlord-Tenant, Civil Rights, Contract, Collection

Status: In Good Standing Licensed: 19 Years

CONTACT

21 Avenue, Snohomish, WA 98290

Stuart W Carson

Land Use & Zoning, Federal, Business & Trade, Commercial Bankruptcy

Status: In Good Standing Licensed: 28 Years

CONTACT

20 6Th Ave Ne, Issaquah, WA 98027

Landon R. Estep

Contract, Commercial Bankruptcy, Administrative Law, Business & Trade

Status: In Good Standing Licensed: 66 Years

CONTACT

1300 170Th Pl Ne, Bellevue, WA 98008

Matthew James Astle

Corporate, Copyright, Commercial Bankruptcy, Contract

Status: In Good Standing Licensed: 18 Years

CONTACT

2419 222Nd Ave Ne, Issaquah, WA 98074

800-923-0641

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LEGAL TERMS

GARNISHMENT

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if ... (more...)

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if she loses a lawsuit filed by the creditor. Up to 25% of a person's wages can be deducted.

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.

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.

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.

SUBROGATION

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off i... (more...)

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off its injured claimant takes the legal rights the claimant has against a third party that caused the injury, and sues that third party.

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.

SETOFF

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a countercl... (more...)

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a counterclaim filed by a defendant in a lawsuit. Banks may try to exercise a setoff by taking money out of a deposit account to satisfy past due payments on a loan or credit card bill. Such an act is illegal under most circumstances.

TOXIC TORT

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and su... (more...)

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and suffering.

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.

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Duvall Bankruptcy & Debt Lawyer, Washington, page 5

Sponsored Law Firm

Washington Law Group, PLLC

SPONSORED LAWYERS

Michael O'Rourke

Richard Jerabek

John Constans Ely

Robert Alan Bohrer

David Martin Newman

Craig Austin Farris

Daniel Lee Hembree

Stuart W Carson

Landon R. Estep

Matthew James Astle

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LEGAL TERMS

GARNISHMENT

LIABILITY

CURRENT MONTHLY INCOME

DEBIT CARD

SUBROGATION

SOLE PROPRIETORSHIP

SETOFF

TOXIC TORT

CHAPTER 7 BANKRUPTCY

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