Whatcom County, WA Reorganization Lawyers, page 7

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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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Michael Kleps

International, Guardianships & Conservatorships, Car Accident

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114 W. Magnolia St., Bellingham, WA 98225

Michael P Brodsky

DUI-DWI, Misdemeanor, Felony, DUI-DWI

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120 Prospect St, Bellingham, WA 98225

Mitchell Gene Faber

Commercial Real Estate, Corporate, Contract, Commercial Bankruptcy

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400 N Commercial St, Bellingham, WA 98225

Nancy Carol Ivarinen

Estate Planning, Family Law, Civil Rights, Collection

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1504 Broadway St, Bellingham, WA 98225

Nathan T Dwyer

Workers' Compensation, Employment, Disability, Personal Injury

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911 Dupont St, Bellingham, WA 98225

Nathan L Mcallister

Commercial Real Estate, Land Use & Zoning, Estate Planning, Corporate

Status: Licensed: 19 Years

CONTACT

1313 E Maple St, Bellingham, WA 98225

Nicholas B Berning

Immigration, Visa

Status: Licensed: 19 Years

CONTACT

1015 Railroad Ave., Bellingham, WA 98225

Nicole Lee Terpstra

Land Use & Zoning, Estate Planning, Elder Law, Corporate, Contract

Status: Licensed: 26 Years

CONTACT

709 Grover St, Lynden, WA 98264

Paula L Mccandlis

Personal Injury, Accident & Injury, Mass Torts

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CONTACT

200 W Chestnut St, Bellingham, WA 98225

Penny Rose Henderson

Juvenile Law, Federal, Estate Planning, Family Law

Status: Licensed: 27 Years

CONTACT

Bellingham, WA 98229

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LEGAL TERMS

FAIR LABOR STANDARDS ACT (FLSA)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements ... (more...)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements for overtime and places restrictions on child labor.

COSIGNER

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for t... (more...)

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for the loan or debt. Many people use cosigners to qualify for a loan or credit card. Landlords may require a cosigner when renting to a student or someone with a poor credit history.

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.

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.

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.

CREDITOR

A person or entity (such as a bank) to whom a debt is owed.

LIMITED LIABILITY

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or ... (more...)

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or a person who invests in a corporation (a shareholder) generally stands to lose only the amount of money invested in the business. This means that if the business folds, creditors cannot seize or sell an owner's home, car, or other personal assets.

NUISANCE FEES

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fe... (more...)

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fees, inactivity fees and fees for not carrying a balance from month to month. It's best to shop around and get rid of cards that have these fees attached.

TRADE NAME

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

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Whatcom County, WA Reorganization Lawyers, page 7

Sponsored Law Firm

Leavy Schultz Davis, P.S.

SPONSORED LAWYERS

Michael Kleps

Michael P Brodsky

Mitchell Gene Faber

Nancy Carol Ivarinen

Nathan T Dwyer

Nathan L Mcallister

Nicholas B Berning

Nicole Lee Terpstra

Paula L Mccandlis

Penny Rose Henderson

TIPS

LEGAL TERMS

FAIR LABOR STANDARDS ACT (FLSA)

COSIGNER

SUBROGATION

LIABILITY

BANKRUPTCY

CREDITOR

LIMITED LIABILITY

NUISANCE FEES

TRADE NAME

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