Grandparents or Parents Cosigning for Kids

Bankruptcy in Alexandria Virginia -- Grandparents or Parents Cosigning for Kids -- LEE LEGAL -- DC VA MD bankruptcy lawyer

Parents and grandparents want to do everything possible to have younger family members succeed in life. In many cases, this means helping them financially. Sometimes, however, you can get yourself into personal financial trouble by cosigning for kids on loans. The risks associated with cosigning can be high. So be sure that you have a […]

How Come I Have to Pay Back Creditors If I Filed Bankruptcy?

How Come I Have to Pay Back Creditors If I Filed Bankruptcy?

Filing bankruptcy gives you immediate relief from debt. But not every person who files for bankruptcy qualifies for Chapter 7 liquidation. In many cases, you make too much income to file a Chapter 7 bankruptcy. Under those circumstances, you should consider filing a Chapter 13 bankruptcy. In a Chapter 13 you wind up needing to pay back […]

Happy New Year! Time to Take a Fresh Look at Your Budget

Happy New Year from Lee Legal

Happy New Year from Lee Legal! Right now is the time to take a hard look at your budget. On January 1, all of your personal financial numbers are zero. Your year-to-date income, fixed expenses, and discretionary spending are all zero. Now is the perfect time to make any changes to your budget for the […]