A Day Late and a Dollar Short

A Day Late and a Dollar Short -- LEE LEGAL -- DC Virginia Maryland -- Foreclosure Defense Lawyer

Creditors expect not only to be paid, but to be paid on time. Mortgage companies are no different. When it comes to your mortgage, you can’t be a day late and a dollar short. When you’re dealing with your home, the stakes are too high to risk otherwise. Credit bureau reporting Mortgage companies report religiously […]

How to Find Out If You Have a Debt in Collection

debt in collection - lee legal - dc va md

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 credit agencies but do not seriously attempt collection on the debt. You may believe that […]

Credit Monitoring Services are a Waste of Money

Credit Monitoring Services are a Waste of Money

Many companies (like LifeLock, Identity Guard, and IdentityForce) offer to monitor your credit report and alert you if something suspicious happens. These companies charge a monthly fee, between $9.99 and $29.99 per month. All three credit bureaus also offer credit monitoring services for various monthly fees. In theory, these service are a good idea. In reality, however, credit monitoring services […]

Should I Get a Credit Card After Bankruptcy?

Once you file Chapter 7 bankruptcy, you will be flooded with new credit card offers. It may seem counter-intuitive, but you should get a credit card after bankruptcy. Credit card companies are not doing you a favor. Once you receive a bankruptcy discharge, you actually become an excellent credit risk. After all, you have zero […]