News Category: Bankruptcy & Creditor’s Rights
Concerned About Collecting Against a Shifty Debtor? Prejudgment Writs of Attachment in Light of Changes in the Law and RCW 6.25.030
Collecting against an insolvent debtor (i.e., defendant) creates issues and places pressure on the creditor (i.e., plaintiff) to secure the debtor’s assets while final judgment in a lawsuit is pending. Oftentimes there is a concern that the debtor is secreting/moving assets or not maintaining assets prior to or during the pendency of the lawsuit, to
Home Sweet Homestead
UPDATE: On May 12, 2021, Washington enacted significant revisions to the Homestead statutes. These revisions may potentially and significantly increase the dollar amount of your homestead exemption. As of May 12, 2021, the homestead exemption has changed to be the greater of 1) $125,000.00, or 2) the “county median sale price of a single-family home
A Garnishment Primer for Washington Employers
It is important for Washington employers to understand what to do when they receive a notice that an employee’s wages or salary are being garnished. The judgment and garnishment are not the employer’s problem, and there is nothing that an employer can or should do to help their employee. Failure to handle the garnishment properly can have