How Long After Bankruptcy Until I Can Buy a Home?

You finished your bankruptcy and got rid of your debts. Now you may be asking yourself: How long after bankruptcy until I can buy a home? The chapter of bankruptcy matters It may not surprise you, but lenders view Chapter 7 and Chapter 13 bankruptcies very differently. Chapter 7 is the quick and easy process […]

Maryland cuts time period for pursuing foreclosure debt

Maryland shortens time period for pursuing foreclosure debt from 12 years to 3

As reported in the Washington Post, Maryland has shortened the time for mortgage lenders to collect on foreclosure debt from 12 years to 3 years. The measure passed 47 to 0 in the Maryland Senate and 102 to 33 in the House of Delegates. When a foreclosure takes place, the mortgage lender may obtain a […]

Bankruptcy Debtors by the Numbers

If you’re interested in who is filing bankruptcy, look into the latest ABI Journal’s Bankruptcy by the Numbers to learn more about bankruptcy debtors by the numbers. Decline in bankruptcy filings Bankruptcy filings have declined by nearly one-third since peaking in September 2010. And the total number of bankruptcy filings across all demographics have declined […]

Saturday Office Hours for Bankruptcy Clients

Lee Legal offers Saturday office hours for bankruptcy client consultations. We know you’re busy. It can be tough to take time off work. If you prefer weekend appointments, we can accommodate you. Flexible office hours for busy clients Our Saturday office hours are between 9AM and 3PM in the Washington, D.C. office, located a block […]

Does Bankruptcy Get Rid of Student Loans?

Does Bankruptcy Get Rid of Student Loans?

Today, the average student in the United States graduates with $29,400 in student loan debt. High youth unemployment may make it very difficult for many of these students to repay their student loans. As a result, young people struggle with monthly payments they cannot make. Many wonder: Will bankruptcy get rid of student loans I […]