Forest Grove Bankruptcy & Debt Lawyer, Oregon

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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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Charles J Wiseman

Federal, Civil Rights, Insurance, Credit & Debt

Status: In Good Standing Licensed: 48 Years

CONTACT

3760 Ne Jackson School Rd, Hillsboro, OR 97124

Christian Avram Torimino

Bankruptcy

Status: In Good Standing Licensed: 4 Years

CONTACT

5420 Se Pine St, Hillsboro, OR 97123

Colin Savoy

Securities, Business & Trade, Corporate, Commercial Bankruptcy

Status: Inactive Licensed: 21 Years

CONTACT

5975 Nw Pinefarm Pl, Hillsboro, OR 97124

Greg R Roberson

Bankruptcy & Debt, Accident & Injury

Status: In Good Standing

CONTACT

330 Ne Lincoln St, Hillsboro, OR 97124

James E Zwaanstra

Family Law, Business & Trade, Commercial Bankruptcy, Bankruptcy

Status: In Good Standing Licensed: 24 Years

CONTACT

5289 Ne Elam Young Pkwy, Hillsboro, OR 97124

James Alfred Underwood

Litigation, Electronic Commerce, Corporate, Collection

Status: In Good Standing Licensed: 17 Years

CONTACT

165 Se 26Th Ave, Hillsboro, OR 97123

John L Shadden

Estate Planning, Real Estate, Bankruptcy, Estate

Status: In Good Standing Licensed: 32 Years

CONTACT

452 Ne Lincoln, Hillsboro, OR 97123

Karen Laree Manske

Landlord-Tenant, Business & Trade, Contract, Commercial Bankruptcy

Status: In Good Standing Licensed: 26 Years

CONTACT

12005 Sw Poppy Dr, Gaston, OR 97119

Kathryn A. Hall

Agriculture, Contract, Collection, Animal Bite

Status: In Good Standing Licensed: 18 Years

CONTACT

205 E Main St, Hillsboro, OR 97123

Matthew David Mills

DUI-DWI, Bankruptcy, Family Law

Status: In Good Standing Licensed: 12 Years

CONTACT

205 E Main St, Hillsboro, OR 97123

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LEGAL TERMS

WORKOUT

A debtor's plan to take care of a debt, by paying it off or through loan forgiveness. Workouts are often created to avoid bankruptcy or foreclosure proceedings.

DISCHARGE (OF DEBTS)

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

BANKRUPTCY TRUSTEE

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is t... (more...)

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is to gather the debtor's nonexempt property, liquidate it and distribute it proportionally to her creditors. In a Chapter 13 case, the trustee's role is to receive the debtor's monthly payments and distribute them proportionally to her creditors.

CREDITOR

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

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.

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.

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.

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.

SOLE PROPRIETORSHIP

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, m... (more...)

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, meaning that business profits are reported and taxed on the owner's personal tax return. Setting up a sole proprietorship is cheap and easy since no legal formation documents need be filed with any governmental agency (although tax registration and other permit and license requirements may still apply). Once you file a fictitious name statement (assuming you don't use your own name) and obtain any required basic tax permits and business licenses, you'll be in business. The main downside of a sole proprietorship is that its owner is personally liable for all business debts.

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Forest Grove Bankruptcy & Debt Lawyer, Oregon

Sponsored Law Firm

Leavy Schultz Davis, P.S.

SPONSORED LAWYERS

Charles J Wiseman

Christian Avram Torimino

Colin Savoy

Greg R Roberson

James E Zwaanstra

James Alfred Underwood

John L Shadden

Karen Laree Manske

Kathryn A. Hall

Matthew David Mills

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LEGAL TERMS

WORKOUT

DISCHARGE (OF DEBTS)

BANKRUPTCY TRUSTEE

CREDITOR

PREFERENCE

S CORPORATION

FRAUDULENT TRANSFER

FAIR LABOR STANDARDS ACT (FLSA)

SOLE PROPRIETORSHIP

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