Lilliwaup 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

Theresa Elizabeth Tilton

Estate Planning, Civil Rights, Business & Trade, Commercial Bankruptcy

Status: Inactive Licensed: 41 Years

CONTACT

6768 Bethel Rd Se, Port Orchard, WA 98367

Wesley A Larson

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

Status: In Good Standing Licensed: 23 Years

CONTACT

423 Pacific Ave, Bremerton, WA 98337

John Michael Liebert

Estate Planning, Guardianships & Conservatorships, Civil Rights, Bankruptcy

Status: Inactive

CONTACT

Bremerton, WA 98337

James Clayton Dudley

Collection, Estate Planning, Credit & Debt, Bankruptcy

Status: In Good Standing Licensed: 50 Years

CONTACT

2803 Erlands Beach Loop Nw, Bremerton, WA 98312

John Lawrence Paulson

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

Status: Inactive Licensed: 50 Years

CONTACT

4987 Bridle Tree Dr Nw, Bremerton, WA 98312

Dale Parham

Bankruptcy

Status: Deceased Licensed: 22 Years

CONTACT

9534 Horizon Ln Se, Port Orchard, WA 98367

Richard C. Tizzano

Wills & Probate, Trusts, Estate, Business, Commercial Bankruptcy

Status: In Good Standing Licensed: 32 Years

CONTACT

Poulsbo, WA 98370

Stephen Lucas Swann

Consumer Rights, Consumer Bankruptcy

Status: Inactive Licensed: 36 Years

CONTACT

Poulsbo, WA 98370

Rayburn K Dudenbostel

Adoption, Dispute Resolution, Bankruptcy, Corporate

Status: Inactive Licensed: 49 Years

CONTACT

Elma, WA 98541

Andrew H. Sargent

Federal, Family Law, Contract, Commercial Bankruptcy

Status: Deceased Licensed: 44 Years

CONTACT

26999 Tamsen Ave Nw, Poulsbo, WA 98370

800-923-0641

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LEGAL TERMS

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.

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.

LIQUIDATING PARTNER

The member of an insolvent or dissolving partnership responsible for paying the debts and settling the accounts of the partnership.

DISCHARGEABLE DEBTS

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bill... (more...)

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bills and medical bills. Compare nondischargeable debts.

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily fu... (more...)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily funded by voluntary donations from the creditors that receive payments from debtors repaying their debts through that office. Despite this criticism, most CCCS counselors provide clients with thorough and neutral advice.

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.

ADMINISTRATIVE EXPENSES

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Admi... (more...)

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Administrative costs are typically 10% of the debtor's total payments under the plan.

UNDUE HARDSHIP

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in t... (more...)

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in the future to pay off the loan may be able to show that repayment would be an undue hardship.

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.

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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Lilliwaup Bankruptcy Lawyer, Washington, page 3

Sponsored Law Firm

Leavy Schultz Davis, P.S.

SPONSORED LAWYERS

Theresa Elizabeth Tilton

Wesley A Larson

John Michael Liebert

James Clayton Dudley

John Lawrence Paulson

Dale Parham

Richard C. Tizzano

Stephen Lucas Swann

Rayburn K Dudenbostel

Andrew H. Sargent

TIPS

LEGAL TERMS

PRESUMED ABUSE

CREDIT BUREAU

LIQUIDATING PARTNER

DISCHARGEABLE DEBTS

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

INTEREST

ADMINISTRATIVE EXPENSES

UNDUE HARDSHIP

WINDING UP

SAMPLE LEGAL CASES

Miller v. Campbell

Baldwin v. Silver

Krueger v. Tippett

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