-
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?
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…
-
Are You Living Paycheck-to-Paycheck?
If you are living paycheck-to-paycheck, you are not alone. Last week the Brookings Institution released a new article by Princeton and NYU economists entitled The Wealthy Hand-to-Mouth. Some of the article’s findings were startling: Roughly one-third of American households — 38 million of them — are living a payday-to-payday existence. These families hold little to no…
-
Protecting Assets in Bankruptcy in DC, VA & MD
Most people seeking bankruptcy protection are naturally concerned about their assets. Getting rid of your debt is great, but not necessarily if you lose your home, your car, your tax refunds, bank accounts, or other possessions. Protecting assets in bankruptcy is the main reason to hire a bankruptcy lawyer. Protecting assets in bankruptcy in Washington DC,…
-
Mistakes People Make Before Calling a Bankruptcy Lawyer
Many people find it difficult to take the first step when facing debts they can’t pay. There is nothing wrong with being confused or uncertain. Dealing with collections calls and bills you cannot pay is a hassle. However, you can act to protect yourself so you don’t accidentally end up making your financial situation worse.…
-
Chapter 13 Bankruptcy: How Much Does it Cost?
Chapter 7 is a quick and easy way of discharging your debt. But Chapter 7 doesn’t solve secured creditor problems and is unavailable to higher income debtors. You will want to use a Chapter 13 bankruptcy to restructure your debt if Chapter 7 won’t work for you. If you’re considering filing Chapter 13 Bankruptcy in…
-
Chapter 7 Bankruptcy: How Much Does it Cost?
So how much does bankruptcy cost? When you seek bankruptcy protection under chapter 7 in Washington, DC, you are obviously in debt trouble. Not only that, but chapter 7 is also means tested, which means that you must have low-income by definition. Unfortunately, despite the fact that you are already facing serious financial problems, there…
-
Business Bankruptcy: Personal Assets in a Chapter 7 Liquidation
If your business has significant debt, bankruptcy may be the solution. Businesses can file for bankruptcy protection under both Chapter 7 and Chapter 11 of the Bankruptcy Code. Both provide effective but very different protections from creditors. In some cases, business bankruptcy can involve the personal assets in a Chapter 7 liquidation. You may want…
-
Grandparents or Parents Cosigning for Kids
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…
Bankruptcy
More About
Bankruptcy
If debt has taken over your life — the calls, the letters, the constant stress — bankruptcy may be the most powerful tool available to you. Filing immediately triggers an automatic stay, which legally stops creditor calls, wage garnishments, lawsuits, and foreclosure auctions the moment your case is filed.
Lee Legal has helped thousands of individuals, couples, and businesses across DC, Virginia, and Maryland eliminate debt and reclaim their financial lives. Attorney Brian Lee brings over 20 years of bankruptcy experience to every case — and he’ll work directly with you from your first free consultation to your final discharge.
Chapter 7 eliminates most unsecured debt — credit cards, medical bills, personal loans — permanently. Most cases are resolved in about three months.
Chapter 13 lets you keep your assets and catch up on missed mortgage payments through a structured repayment plan that fits your budget. It’s the most powerful tool available for stopping foreclosure.
Chapter 11 gives businesses and high-income individuals a path to reorganize debt while continuing operations — without shutting down.
Bankruptcy law is complex and constantly evolving. You shouldn’t navigate it alone — and with Lee Legal, you don’t have to.
Call (202) 448-5136 today. Every client gets a free, confidential consultation.
Posts by Practice Area
- Bankruptcy (227)
- Chapter 11 (6)
- Chapter 13 (69)
- Chapter 7 (62)
- 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.