Whatcom County, WA Reorganization Lawyers, page 2

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

Carl A Munson

Accident & Injury, Felony, Workers' Compensation, Personal Injury

Status:

CONTACT

119 N Commercial St, Bellingham, WA 98225

Colm Nelson

Insurance, Litigation

Status: Licensed: 20 Years

CONTACT

900 Dupont St, Bellingham, WA 98225

Craig K. Allen

Landlord-Tenant, Workers' Compensation, Employment, Personal Injury

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Bellingham, WA 98227

D Murphy Evans

Litigation, Lawsuit & Dispute, Civil Rights, Commercial Bankruptcy

Status: Licensed: 29 Years

CONTACT

1545 Marine Dr, Bellingham, WA 98225

David Alden Brown

Traffic, Mass Torts, Child Custody, Bankruptcy, Personal Injury

Status:

CONTACT

200 W Chestnut St, Bellingham, WA 98225

David Nelson Jolly

Traffic, DUI-DWI, Criminal, Personal Injury

Status:

CONTACT

218 W Champion St, Bellingham, WA 98225

David C Cottingham

Real Estate, Trusts, Criminal, Corporate

Status: Licensed: 46 Years

CONTACT

103 E Holly, Bellingham, WA 98225

David A Namba

Federal, Civil Rights, Insurance, Personal Injury

Status: Licensed: 26 Years

CONTACT

1414 F St, Bellingham, WA 98225

Dean Ralph Brett

Mass Torts, Dispute Resolution, Civil Rights, Insurance, Personal Injury

Status:

CONTACT

601 Heron Point Ln, Bellingham, WA 98229

Donald Dale Buckland

Litigation, Insurance, Personal Injury, Malpractice

Status: Licensed: 49 Years

CONTACT

1900 D St, Bellingham, WA 98225

800-814-6700

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LEGAL TERMS

TRADE NAME

The official name of a business, the one it uses on its letterhead and bank account when not dealing with consumers.

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.

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.

401(K) PLAN

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income ... (more...)

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income taxes on the amount invested and any earnings are due until the employee withdraws money from the fund.

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.

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.

GUARANTOR

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. T... (more...)

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. The guarantor gives a 'guaranty,' which is an assurance that the debt or other obligation will be fulfilled.

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.

MEETING OF CREDITORS

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a f... (more...)

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a few questions. In a Chapter 7, the meeting of creditors lasts a few minutes and rarely do any creditors show up. In a Chapter 13 bankruptcy, one or two creditors may attend, especially if they disagree with some provision of your repayment plan.

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Whatcom County, WA Reorganization Lawyers, page 2

Sponsored Law Firm

Leavy Schultz Davis, P.S.

SPONSORED LAWYERS

Carl A Munson

Colm Nelson

Craig K. Allen

D Murphy Evans

David Alden Brown

David Nelson Jolly

David C Cottingham

David A Namba

Dean Ralph Brett

Donald Dale Buckland

TIPS

LEGAL TERMS

TRADE NAME

PRESUMED ABUSE

WINDING UP

401(K) PLAN

SETOFF

LIABILITY

GUARANTOR

CURRENT MONTHLY INCOME

MEETING OF CREDITORS

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