Washington County, OR Reorganization Lawyers

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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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Not enough matches for Washington Reorganization lawyer.
Below are all Washington lawyers.

Daniel E. Thenell

✓ VERIFIED

Accident & Injury, Employment, Car Accident, Personal Injury

Dan formed Thenell Law Group in 2012. Dan’s practice focuses on the investigation and litigation of Special Investigation Unit (SIU) claims and firs... (more)

CONTACT

800-659-8340

12909 SW 68th Pkwy, Portland, OR 97223

Cedric Roberto Brown

✓ VERIFIED

Accident & Injury, Personal Injury, Medical Malpractice, Malpractice

Cedric Brown is a practicing lawyer in the state of Oregon handling personal injury matters.

CONTACT

503-231-4669

P.O. Box 4372, Tualatin, OR 97062

Beth S. Wolfsong

Estate, Business Organization, Adoption, Power of Attorney

Status: In Good Standing

CONTACT

12755 SW 69th Ave., Portland, OR 97223

John D. Peterson

Corporate, Divorce, Estate Planning, Family Law

Status: In Good Standing

CONTACT

330 N.E. Lincoln Street, Hillsboro, OR 97124

Fred C. Nachtigal

Wills, Wills & Probate, Family Law, Corporate

Status: In Good Standing

CONTACT

101 S.W. Washington Street, Hillsboro, OR 97123

Stephen J. Mathieu

Employment, Disability, Discrimination, Civil Rights

Status: In Good Standing

CONTACT

4085 SW 109th Ave, Beaverton, OR 97005

Paul J. DeBast

Family Law, Collaborative Law, Divorce, Farms

Status: In Good Standing

CONTACT

9600 Building, 9600 Southwest Barnes Road, Portland, OR 97225

Barbara P. McFarland

Farms, Collaborative Law, Family Law, Divorce

Status: In Good Standing

CONTACT

9600 Building, 9600 Southwest Barnes Road, Portland, OR 97225

Barbara J. Aaby

Estate, Family Law, Divorce & Family Law

Status: In Good Standing

CONTACT

4900 Sw Griffith Drive, Beaverton, OR 97005

Leonard Charles Ostrow

Child Support, Criminal, Farms, DUI-DWI

Status: In Good Standing

CONTACT

1323 Ne Orenco Station Pkwy, Hillsboro, OR 97124

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.

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.

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.

SECURED DEBT

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collater... (more...)

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collateral, to satisfy the debt if you default. Compare unsecured debt.

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.

LIQUIDATING PARTNER

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

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.

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.

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.

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Washington County, OR Reorganization Lawyers

Sponsored Law Firm

Leavy Schultz Davis, P.S.

SPONSORED LAWYERS

Daniel E. Thenell

Cedric Roberto Brown

Beth S. Wolfsong

John D. Peterson

Fred C. Nachtigal

Stephen J. Mathieu

Paul J. DeBast

Barbara P. McFarland

Barbara J. Aaby

Leonard Charles Ostrow

TIPS

LEGAL TERMS

GARNISHMENT

INTEREST

PRESUMED ABUSE

SECURED DEBT

UNDUE HARDSHIP

LIQUIDATING PARTNER

CHAPTER 7 BANKRUPTCY

BULK SALES LAW

S CORPORATION

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