Whatcom County, WA Workout Lawyers, page 6

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Nicholas B Berning

Immigration, Visa
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  19 Years

Timothy David Knowles

Corporate, Immigration, Electronic Commerce, Business
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  17 Years

Aaron Lukoff

Other, Entertainment, Criminal, Business, Car Accident
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John Patrick Livingston

Real Estate, Lawsuit & Dispute, International, Patent, Estate
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  23 Years

Andrew W Heinz

Wills, Estate Planning, Estate, Business
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  20 Years

Lynette Margaret Philip

Family Law, Divorce & Family Law
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  22 Years

Roger Ashley Leishman

Education, State Government, Insurance, Malpractice
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  35 Years

Robert Joseph La Rocco

Family Law, Civil Rights, Bankruptcy, Personal Injury
Status:  Suspended *Status is reviewed annually. For latest information visit here           Licensed:  15 Years

Colm Nelson

Insurance, Litigation
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  20 Years

Elena Christian Burt

Employment Discrimination, Insurance, Municipal, Mass Torts
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  18 Years

Free Help: Use This Form or Call 800-814-6700

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Easily find Washington Workout Lawyers and Washington Workout Law Firms for your location. Narrow your Workout attorney search for Washington by major city or a specific Washington city using the city list. Or search for Washington Workout attorneys by county. For more attorneys, search all Bankruptcy & Debt areas including Bankruptcy, Collection, Credit & Debt and Reorganization attorneys.

LEGAL TERMS

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.

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.

LIEN

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortg... (more...)
The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortgages, home equity loans, car loans and personal loans for which you pledge property to guarantee repayment. Liens created without your consent are called nonconsensual liens, and include judgment liens (liens filed by a creditor who has sued you and obtained a judgment), tax liens and mechanics liens (liens filed by a contractor who worked on your house but wasn't paid).

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.

FRAUDULENT TRANSFER

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee --... (more...)
In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee -- for instance, when a debtor signs a car over to a relative to keep it out of the bankruptcy estate. Fraudulently transferred property can be recovered and sold by the trustee for the benefit of the creditors.

UNSECURED DEBT

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only reme... (more...)
A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only remedy is to sue you and get a judgment. Compare secured debt.

FCBA

See Fair Credit Billing Act.

DISCHARGE (OF DEBTS)

A bankruptcy court's erasure of the debts of a person or business that has filed for bankruptcy.

CREDITOR

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

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