Lee Legal keeps abreast of the local economy in Virginia, Maryland, and Washington, D.C. so you benefit from current developments. Lee Legal examines the legal and financial big picture to determine what options are best for you.

From income inequality to minimum wage to personal finance issues, we want you to feel comfortable with the solutions we present. Context is important.

How Bankruptcy Promotes Entrepreneurship

April 18, 2017 Brian V. Lee 0

Starting a business takes moxy, guts. Business owners can offset the risk of failure with feasibility planning and hard work. But many businesses fail, and our economy must not doom entrepreneurs to complete ruin. The truth is that failure is an [ . . . ]

The Adversary Proceeding: Litigation in Bankruptcy Court

April 13, 2017 Brian V. Lee 0

An adversary proceeding is a lawsuit filed within a bankruptcy case. Creditors, bankruptcy trustees, and other interested parties can file adversary proceedings in a bankruptcy, as can the bankruptcy filer. Bankruptcy offers both debtors and creditors finality in the adjudication [ . . . ]

Use Your Tax Refund to File Bankruptcy

April 3, 2017 Brian V. Lee 0

Attorneys fees used toward bankruptcy are exempt from distribution. In most cases, your entire tax refund can be protected in bankruptcy. But if you are considering filing for bankruptcy, you should also consider how much it will cost to file. [ . . . ]

Student Loans and the Means Test in Chapter 7 Bankruptcy

March 17, 2017 Brian V. Lee 0

The Chapter 7 “means test” determines whether your income qualifies you for a Chapter 7 bankruptcy. Otherwise known as the Chapter 7 Statement of Your Current Monthly Income, the means test prevents debtors with higher-than-median income from filing Chapter 7 [ . . . ]

Top 4 Tax Problems in Bankruptcy

March 15, 2017 Brian V. Lee 0

The top 4 tax problems in bankruptcy are not particularly easy to avoid. For those facing money problems, taxes are often an afterthought. After all, paying taxes means less money in your paycheck. But the tax problems that most frequently [ . . . ]

What Does It Mean When a Debt is Charged Off?

February 1, 2017 Brian V. Lee 0

Many people experience a feeling of relief when they see on their credit reports that an old debt has been marked as “Charged Off.” Some think that these debts have been forgiven because a creditor has charged off the debt. [ . . . ]

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