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 to Find Out If You Have a Debt in Collection

June 2, 2017 Brian V. Lee

If you’re concerned about your credit score, you probably want to know if you have any debts in collections. Having debt in collection can badly harm your credit score. And the damage can multiply if unaddressed. Creditors often report debts to [ . . . ]

What Does It Mean When a Debt is Charged Off?

February 1, 2017 Brian V. Lee

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. [ . . . ]

Top 5 Worst Debt Collection Defenses

January 11, 2017 Brian V. Lee

Good debt collection defenses flow from the specific circumstances of the debt. Bad debt collection defenses merely delay the lawsuit without changing its outcome. And the worst debt collection defenses are irrelevant, waste the court’s time, and possibly add costs and fees to [ . . . ]

The Debt Buying Industry

October 27, 2016 Brian V. Lee

Delinquent debt has given rise to an entire debt buying industry. When a debt becomes seriously delinquent, the bank holding the debt will write it off then sell it to a debt buyer, like Midland Funding, for a tiny fraction of [ . . . ]

Can a Debt Collector Message Me on Facebook?

August 26, 2016 Brian V. Lee

If you are being pressured to pay a debt, you know that collection agents can be relentless. A collection agency may be constantly bombarding you with demands for payment. Letters, phone calls, and . . . Facebook? That’s right. Social media makes [ . . . ]

Washington DC Area Tops List for CFPB Complaints Nationwide

May 28, 2016 Brian V. Lee

As of March 1, 2016, the Consumer Financial Protection Bureau (CFPB) handled approximately 834,400 complaints, including approximately 22,800 complaints. The Washington, DC area has three of the top seven jurisdictions for CFPB complaints per capita. By a wide margin, Washington, [ . . . ]

Your Best Debt Defense May Be Bankruptcy

December 27, 2015 Brian V. Lee

Unresolved debts can take an enormous toll on your overall quality of life. If you feel anxious every time your telephone rings or get a knot in your stomach when retrieving your mail, you may gain peace of mind by [ . . . ]

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