-
What If I Can’t Pay My Bills Anymore?
Bankruptcy does not help you pay your bills. If you’re going to go right back into new debt after eliminating all of your old debts, bankruptcy might not be right for you. Or it might not be right for you at the moment. Creditors, generally, do not care about your unfortunate circumstances. So it’s smart…
-
Lee Legal Will Fight Your Foreclosure
Real estate is usually the most valuable asset that people own. When your home is on the line, do not attempt to litigate a foreclosure on your own. Lee Legal will fight your foreclosure for you. If you are facing foreclosure, you have options, but you must act quickly. Simply allowing a foreclosure to happen…
-
If You Have to File Bankruptcy, Do It Immediately
If you have to file bankruptcy, do it immediately. The longer you delay, the more you’re going to pay. You’ll pay more for attorneys fees because your problems will become more complicated. And your credit score will pay a heavy price if you delay filing bankruptcy when you know you have to file. In less…
-
Call from a Debt Collector? Know Your Rights.
If you’re getting calls from debt collectors, you might have several issues going on in your life. You probably don’t have a lot of time to talk to a stranger trying to get you to pay them money. Or you might have all the time in the world but no money to give. If you…
-
Getting a New Mortgage After a Foreclosure
Getting a new mortgage after a foreclosure can be challenging under certain circumstances. But if you want to buy another home, take heart because it is possible. Generally speaking, you will not be able to obtain a mortgage sooner than two years of a foreclosure. But you will be able to get another mortgage after…
-
When You Should NOT File for Bankruptcy
Only bankruptcy will solve certain financial problems. Bankruptcy remains the first and best choice for many common cash-flow and debt issues. Avoiding bankruptcy when it is the smart course of action often does nothing more than make for more difficult outcomes. But there are certain circumstances under which you should NOT file for bankruptcy. If…
-
Big Change to Virginia Landlord and Tenant Law
On July 1, 2017, a new law takes effect that represents a big change to Virginia landlord and tenant law. The law specifically affects tenants with landlords in foreclosure. Now leases terminate upon foreclosure. This is a big change and will affect many renters in Virginia. I have written (Does Foreclosure Terminate a Lease?) on…
-
Is Bankruptcy the Best Option For Me?
There are times when a person has no choice but to declare bankruptcy, and the decision to file will not be a very challenging one at all. However, bankruptcy considerations are often accompanied by emotional stress and strain on personal relationships. Your life is not a theoretical situation. You must ask yourself: Is bankruptcy the…
-
When It’s Time to Give Up Your Home to Foreclosure
Washington, D.C. homeowners facing foreclosure should very carefully examine their options, including voluntary surrender. Three conditions primarily determine when it’s time to give up your home to foreclosure. Affordability. If you can’t make your monthly mortgage payment anymore, remaining in your home may be economically unsustainable. Equity. If you sold your home on the open market,…
-
Homeowners Association Foreclosure in DC, MD & VA
A homeowners association (“HOA”) or condo board in Washington, D.C., Maryland or Virginia has super-priority status over even first mortgage holders. Homeowners association foreclosure in the DMV is subsequently quite common. If you are unable to pay your condo or coop fees, your HOA can and will foreclose against your home. Homeowners association foreclosure procedures…
Posts by Practice Area
- Bankruptcy (228)
- Chapter 11 (6)
- Chapter 13 (70)
- Chapter 7 (63)
- Debt Defense (54)
- Foreclosure (96)
Request a free consultation.
You have to take the first step. Send us an inquiry or give us a call. Every client receives a free consultation.