Whatcom County, WA Reorganization Lawyers, page 8

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

Mitchell Gene Faber

Commercial Real Estate, Corporate, Contract, Commercial Bankruptcy

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CONTACT

400 N Commercial St, Bellingham, WA 98225

Nathan T Dwyer

Workers' Compensation, Employment, Disability, Personal Injury

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CONTACT

911 Dupont St, Bellingham, WA 98225

Jack H Grant

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

Status: Licensed: 43 Years

CONTACT

114 West Magnolia Street, Bellingham, WA 98225

Michael P Brodsky

DUI-DWI, Misdemeanor, Felony, DUI-DWI

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CONTACT

120 Prospect St, Bellingham, WA 98225

Jonathan David Rands

Criminal, Administrative Law

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CONTACT

311 Grand Ave, Bellingham, WA 98225

Douglas Ross Shepherd

Environmental Law Other, Civil Rights, Contract, Personal Injury

Status: Licensed: 46 Years

CONTACT

2011 Young Street, Bellingham, WA 98225

Philip Everett Sharpe

Land Use & Zoning, Dispute Resolution, Civil Rights, Corporate

Status:

CONTACT

400 N Commercial St, Bellingham, WA 98225

Steven P. Adelstein

Construction, Estate Planning, Civil Rights, Personal Injury, Litigation

Status:

CONTACT

400 N Commercial St, Bellingham, WA 98225

Jon Sitkin

Land Use & Zoning, Real Estate, Environmental Law, Transportation & Shipping

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CONTACT

1500 Railroad Ave., Bellingham, WA 98226

Robert D. Butler

Employment, Divorce & Family Law, Criminal, Civil & Human Rights

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CONTACT

103 E Holly St, Bellingham, WA 98225

800-814-6700

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LEGAL TERMS

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.

MEANS TEST

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income ... (more...)

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income for his or her state should be allowed to file for Chapter 7 bankruptcy.

TRADE NAME

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

REDEMPTION

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump s... (more...)

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump sum. For example, a debtor may redeem a car note by paying the lender the amount a retail vendor would charge for the car, considering its age and condition.

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.

TRUTH IN LENDING ACT (TILA)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disc... (more...)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disclose the terms of a loan, including the total amount of the loan, the annual interest rate and the number, amount and due dates of all payments necessary to repay the loan. The TILA requires additional disclosures and places many restrictions on mortgages.

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.

CREDIT INSURANCE

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay o... (more...)

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay off the remaining balance. Federal and state consumer protection laws require the lender to disclose to existing and potential borrowers the terms and costs of obtaining credit insurance because it can affect the terms of the loan.

PREFERENCE

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commer... (more...)

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commercial creditors) and within one year for insider creditors (friends, family members, and business associates). Because a preference gives the creditor who received the payment an edge over other creditors in the bankruptcy case, the trustee can recover the preference (the amount of the payment) and distribute it among all of the creditors.

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Whatcom County, WA Reorganization Lawyers, page 8

Sponsored Law Firm

Leavy Schultz Davis, P.S.

SPONSORED LAWYERS

Mitchell Gene Faber

Nathan T Dwyer

Jack H Grant

Michael P Brodsky

Jonathan David Rands

Douglas Ross Shepherd

Philip Everett Sharpe

Steven P. Adelstein

Jon Sitkin

Robert D. Butler

TIPS

LEGAL TERMS

BULK SALES LAW

MEANS TEST

TRADE NAME

REDEMPTION

GUARANTOR

TRUTH IN LENDING ACT (TILA)

FORBEARANCE

CREDIT INSURANCE

PREFERENCE

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PRACTICE AREAS 70