Bankruptcy is the legal discharge of debt. If you have taken on more debt than you are able to repay, the law allows you to eliminate most and often all of your debt in bankruptcy. For some debtors, this can have the effect of providing a whole new start in life. The United States Bankruptcy Code is complicated and constantly changing, however, so great care must be taken in preparing a bankruptcy petition.

Chapter 7 and Chapter 13 are the two types of bankruptcy typically available to individual or joint debtors. In either type of bankruptcy, the court issues an nifty order called the “automatic stay,” which directs your creditors to cease all collection activities immediately under penalty of sanction. If your home is scheduled for a foreclosure sale, the sale will be legally postponed while the bankruptcy is pending, typically for three to four months.

If you are considering filing for bankruptcy in Washington, D.C. , Virginia or Maryland, it is strongly recommended that you contact a knowledgeable bankruptcy attorney immediately.

Lee Legal is a debt relief agency as defined by 11 U.S.C. § 528(a)(4). In other words, we help people file for relief under the Bankruptcy Code.

Non-Qualified Student Loans Can Be Discharged in Bankruptcy

October 1, 2019 Brian V. Lee

You can discharge your non-qualified student loans in bankruptcy. Most student loans are “qualified” student loans and cannot be discharged in bankruptcy. But not so for non-qualified student loans. What are non-qualified student loans? Student loans are generally excepted from [ . . . ]

The Robocalls Must Stop

September 10, 2019 Brian V. Lee

Illegal scam robocalls comprised roughly a quarter of the 26 billion robocalls placed to U.S. mobile numbers in 2018. Unwanted solicitations, get-rich-quick schemes, health insurance rackets, car warranty extension offers, timeshare spam, technical support shakedowns, and IRS and Social Security [ . . . ]

Use the NDC to Track Your Chapter 13 Bankruptcy

August 23, 2019 Brian V. Lee

The National Data Center (or “NDC”) is a comprehensive data source for Chapter 13 bankruptcy cases and claims. Access is free to bankruptcy debtors. If you have filed a Chapter 13 in Maryland or Washington, DC, create an account at [ . . . ]

Don’t “Tip Your Hand” to Your Mortgage Company

May 30, 2019 Brian V. Lee

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 [ . . . ]

Debt Doesn’t Just Disappear

May 28, 2019 LaTashia Williams

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 [ . . . ]

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