Kirkland Bankruptcy & Debt Lawyer, Washington, page 4

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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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Kevin Lee Britt

Commercial Real Estate, Foreclosure, Real Estate, Collection

Status: In Good Standing Licensed: 22 Years

CONTACT

6227 40Th Ave Ne, Seattle, WA 98115

Gabriel Steven Galanda

Litigation, International Tax, Business & Trade, Commercial Bankruptcy

Status: In Good Standing Licensed: 24 Years

CONTACT

8606 35Th Ave Ne, Seattle, WA 98115

Lars Anderson

Land Use & Zoning, Estate Planning, Business & Trade, Commercial Bankruptcy

Status: In Good Standing Licensed: 17 Years

CONTACT

5507 35Th Ave Ne, Seattle, WA 98105

William A. Buchanan

Bankruptcy & Debt, Family Law, Estate Planning, Divorce

Status: In Good Standing Licensed: 46 Years

CONTACT

1520 140th Ave NE, Bellevue, WA 98005

Jim G. Griffin

Bankruptcy & Debt, Bankruptcy, Divorce & Family Law, Estate

Status: In Good Standing

FREE CONSULTATION

CONTACT

1530 140th Ave. NE #111, Bellevue, WA 98005

Rodney T. Harmon

Civil Rights, Contract, Collection

Status: In Good Standing Licensed: 44 Years

CONTACT

P.O. Box 1066, Bothell, WA 98041

Douglas G Anderson

International Tax, Civil Rights, Corporate, Bankruptcy

Status: In Good Standing Licensed: 54 Years

CONTACT

18222 104Th Ave Ne, Bothell, WA 98011

Setareh Mahmoodi

Elder Law, Corporate, Collection, Estate

Status: In Good Standing Licensed: 13 Years

CONTACT

18222 104Th Ave Ne, Bothell, WA 98011

Eric Ronald Hultman

Construction Liens, Litigation, State Appellate Practice, Commercial Bankruptcy

Status: In Good Standing Licensed: 37 Years

CONTACT

218 Main St, Kirkland, WA 98033

Scott K. Morris

International Other, Electronic Commerce, Business & Trade, Commercial Bankruptcy

Status: In Good Standing Licensed: 48 Years

CONTACT

11184 Champagne Point Rd Ne, Kirkland, WA 98034

800-923-0641

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LEGAL TERMS

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.

NONPROFIT CORPORATION

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or f... (more...)

A legal structure authorized by state law allowing people to come together to either benefit members of an organization (a club, or mutual benefit society) or for some public purpose (such as a hospital, environmental organization or literary society). Nonprofit corporations, despite the name, can make a profit, but the business cannot be designed primarily for profit-making purposes, and the profits must be used for the benefit of the organization or purpose the corporation was created to help. When a nonprofit corporation dissolves, any remaining assets must be distributed to another nonprofit, not to board members. As with for-profit corporations, directors of nonprofit corporations are normally shielded from personal liability for the organization's debts. Some nonprofit corporations qualify for a federal tax exemption under _ 501(c)(3) of the Internal Revenue Code, with the result that contributions to the nonprofit are tax deductible by their donors.

CCCS

See Consumer Credit Counseling Service.

DEFINED CONTRIBUTION PLAN

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount ... (more...)

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount every month, or every year, for each employee. The employer usually pays a fixed percentage of an employee's wages or salary, although sometimes the amount is a fraction of the company's profits, with the size of each employee's pension share depending on the amount of wage or salary. Upon retirement, each employee's pension is determined by how much was contributed to the fund on behalf of that employee over the years, plus whatever earnings that money has accumulated as part of the investments of the entire pension fund.

BANKRUPTCY

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are ... (more...)

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are two types of bankruptcies -- liquidation, in which your debts are wiped out (discharged) and reorganization, in which you provide the court with a plan for how you intend to repay your debts. For both consumers and business, liquidation bankruptcy is called Chapter 7. For consumers, reorganization bankruptcy is called Chapter 13. Reorganization bankruptcy for consumers with an extraordinary amount of debt and for businesses is called Chapter 11. Reorganization bankruptcy for family farmers is called Chapter 12.

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.

CHAPTER 13 PLAN

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to ... (more...)

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to pay all mandatory debts -- for example, back child support, taxes, and mortgage arrearages -- as well as some or all unsecured, nonpriority debts, such as medical and credit card bills.

NONEXEMPT PROPERTY

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typicall... (more...)

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typically includes valuable clothing (furs) and electronic equipment, an expensive car that's been paid off and most of the equity in your house. Compare exempt property.

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.

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Kirkland Bankruptcy & Debt Lawyer, Washington, page 4

Sponsored Law Firm

Washington Law Group, PLLC

SPONSORED LAWYERS

Kevin Lee Britt

Gabriel Steven Galanda

Lars Anderson

William A. Buchanan

Jim G. Griffin

Rodney T. Harmon

Douglas G Anderson

Setareh Mahmoodi

Eric Ronald Hultman

Scott K. Morris

TIPS

LEGAL TERMS

FORBEARANCE

NONPROFIT CORPORATION

CCCS

DEFINED CONTRIBUTION PLAN

BANKRUPTCY

FAIR CREDIT BILLING ACT (FCBA)

CHAPTER 13 PLAN

NONEXEMPT PROPERTY

SETOFF

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