Welcome to OVLG's Washington laws and legal information center. Know state laws, legal information, court information, links to state government websites, and much more.
In a debt consolidation plan, you get the ease of transferring your multiple debts into a single monthly payment. However, in debt settlement, your total debt burden is reduced through successful negotiation and you pay much less than the original debt that was accrued.
Additional legal resources for consumers
In Washington, Chapter 7 or Chapter 13 bankruptcy filing might be the solution if you are unable to resolve your debt crisis through any debt relief measures.
Key exemptions that you get by filing bankruptcy in Washington:
House or mobile home used as the principal place of residence is exempted up to the extent of $ 15,000.
Value of furs & jewelry:
Value of firs and jewelry are exempted up to $ 1000. However, other apparel items are absolutely exempted.
In Washington, a company can be formed by filing the required documents or forms with the Secretary of State. However, apart from just simple forms, a campaigner should further carry out some additional requirements and relevant statutory filing provisions.
Steps that involve an LLC formation
Steps that involve formation of a Non-profit Corporation
Will preparation is an essential step to determine who will inherit your property after your death. A will assures proper distribution of your property after your death. But did you know:
A living trust or Revocable Living Trust is a legal certificate that acts as the owner of your assets or property. However, though you grant the trust the ownership of your estate, you still hold the right to buy, sell, borrow or transfer. But did you know:
Disclaimer: The aforesaid attorney is licensed to practice law within the state of Washington only.
Last Updated on: 23 Aug 2021