How to Behave in Court
Having to appear in court can be intimidating and may frazzle your nerves. You want to be prepared and have an even and balanced disposition. Here are some helpful tips on how to behave in court. The court room is the location for justice to be carried out with the judge representing the law. The […]
Bankruptcy is the Least Expensive Way to Get Rid of Debt
Americans differ in many ways, but debt is something so many of us have in common. What we use to compensate is another thing so many of us also have in common: credit. If you feel caught up in an inescapable debt cycle, know this: Bankruptcy is the least expensive way to get rid of debt. […]
Student Loan Forgiveness Provides Relief
44.7 million Americans carry student loan debt totaling $1.56 trillion, second only to mortgage debt. The average student loan payment for borrowers 20 to 30 years old is $393 per month. Student loan forgiveness would provide relief to these distressed borrowers. In the last quarter of 2018, U.S. student loan delinquencies reached a record of […]
Stop Garnishment of Wages in MD, VA and DC
In Washington, D.C., Virginia and Maryland, a creditor can garnish up to 25 percent of disposable wages. Usually, that makes a serious dent in a household’s disposable income. If you are seeking to stop garnishment of wages in Maryland, Virginia or Washington, D.C., call Lee Legal for a free consultation. You should seek private settlement […]
Don’t “Tip Your Hand” to Your Mortgage Company
Filing a Chapter 13 bankruptcy will cancel any scheduled foreclosure auction. Once you file bankruptcy, the automatic stay takes effect and your mortgage company must immediately halt all foreclosure activity. But if you’re planning to file bankruptcy to stop a foreclosure, don’t “tip your hand” to your mortgage company. Do it, don’t just say it […]
Debt Doesn’t Just Disappear
Debt collector phone calls and collection letters in the mail are never welcome yet must be dealt with all the same. For some, ignoring their debt is a direct result of not having the money to pay the debt. But know this: ignoring debt collectors will never remedy the situation. In fact, it could make it […]
Student Loans Would Again Become Dischargeable Under New Bill
Before the 1970s, student loan debt was dischargeable in bankruptcy. Then Congress required student loan borrowers to repay for five years before they could file for bankruptcy on those loans. Gradually, lawmakers chipped away at even that protection. Today, debtors in bankruptcy must prove undue hardship to discharge student loans. On May 9, 2019, a […]
Avoid Moral Disengagement in Litigation
The term moral disengagement encompasses the cognitive maneuvers we undertake to justify any self-interested choices that don’t align with what we want others to think we believe about ourselves. Moral disengagement in litigation runs the gamut from the misleading to the unethical. A series of experiments by Professors Sean Martin and Jim Detert shows the […]
VA & MD Mortgage Delinquency Rates Among Highest in U.S.
According to the 2018 4Q FHFA Foreclosure Prevention Report, Washington, D.C. boasts one of the lowest mortgage default rates in the country, while Virginia and Maryland mortgage delinquency rates rank among the highest. The District of Columbia, Maryland and Virginia are circled in the graph above. Every day, Lee Legal helps homeowners facing mortgage delinquency. […]