States Should Impose Foreclosure Deadlines on Mortgage Lenders
Individual states should impose foreclosure deadlines on mortgage lenders. Forcing lenders to foreclose within specific timelines would solve several problems facing individual homeowners as well as entire neighborhoods. States must individually legislate changes to foreclosure procedures because foreclosures are governed by state law. Federal law can impose reforms, but states must implement them. The most […]
Alexandria Bankruptcy Trustee’s Office Relocates
Every bankruptcy Meeting of Creditors in Alexandria, Virginia is held in the Alexandria Bankruptcy Trustee’s Office. As of today, the United States Trustee’s Office for the Eastern District of Virginia has relocated to a new location. Here is the U.S. Trustee’s Office new address for every Chapter 7 and Chapter 13 bankruptcy meeting of creditors: […]
What Happens to My Debts When I Die?
When planning a future for your loved ones, you do not want your legacy to include a mountain of debt. Many people are unaware that their debts can continue to haunt those they leave behind. Whoever you select to manage your estate will serve as the “executor,” and that person is responsible for probate, the […]
How to Prevent Foreclosure If You Lose Your Job
Foreclosures in the United States have dropped to an 11-year low while unemployment has found a 44-year low. How the average American fares, however, does not reflect the circumstances of any particular individual. Statistics simply don’t make a difference when you’re trying to keep your home. Here’s how to prevent foreclosure if you lose your job. […]
Repay Your Student Loans in Chapter 13 Bankruptcy
If you file Chapter 13 bankruptcy and choose not to repay your student loans, you could end up in a worse condition than before you filed. To be sure, you can defer repayment of your student loans during the entire duration of your bankruptcy case. But interest will continue to accrue on any unpaid balances, […]
How to Prevent Vehicle Repossession
If you fall behind on car payments, you run the risk of repossession. Some lenders are quicker than others to repossess, but most wait until the third month of non-payment. There are several methods to prevent vehicle repossession. Your lender may warn you via correspondence that repossession is possible. But no lender will warn you […]
Should I File Bankruptcy or Divorce First?
Divorce can be messy. Bankruptcy cleans up messes. But whether you should file bankruptcy or divorce first depends on your specific circumstances. In some cases, filing bankruptcy before divorce makes sense. In other cases, filing bankruptcy before the finalization of a divorce and the division of property can be a big mistake. If your marriage is […]
Lee Legal Will Take Your Collection Calls
Creditors can be really annoying. Collection calls and correspondence can disrupt your life and cause unfortunate and unnecessary embarrassment. If you know that you’re about to file bankruptcy, you can relieve the pressure before you file. Lee Legal will take your collection calls up to two weeks before your bankruptcy filing. Bankruptcy stops collection efforts At the start […]
6 Reasons Why the IRS May Keep Your Tax Refund
On Friday, the Internal Revenue Service (IRS) sent a gentle reminder to the nearly 40 million taxpayers who have yet to file their tax returns: do it now. Many people consider their tax refunds to be a sort of annual bonus. Here are the top 6 reasons why the IRS may keep your tax refund. […]