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.

Avoid Debt This Holiday Season

December 7, 2018 LaTashia Williams

We don’t have to incur debt every holiday. Here are some tips that will allow you to avoid debt this holiday season without later financial regret. Budget Make your budget realistic and relative to you. Excluding this factor will decrease [ . . . ]

Top 7 Reasons People Declare Bankruptcy

July 24, 2018 Brian V. Lee

People don’t declare bankruptcy for the fun of it. Bankruptcy results from a financial hardship from which a person cannot recover within a reasonable amount of time. Lots of circumstances can lead to personal bankruptcy. Here are the top 7 [ . . . ]

Use Creative Destruction to Refocus Your Personal Finances

June 3, 2014 Brian V. Lee

Austrian-born American economist and political scientist Joseph Schumpeter coined the term creative destruction in 1942. “Creative destruction” is the willful reconfiguration of an existing economic system in order to clear the ground for the creation of new wealth. There are obviously [ . . . ]

When to Consider Filing Bankruptcy

December 9, 2011 Brian V. Lee

In most cases, the very last thing any person wants to do is to consider filing bankruptcy. In many cases, an average person will wait two years longer than he or she should have to file bankruptcy. Don’t rearrange the deck [ . . . ]

Should I File Bankruptcy?

July 6, 2010 Brian V. Lee

Bankruptcy is not for everyone, and not a decision to take lightly. Over three quarters of a million Americans will declare bankruptcy in 2017. But how do you know if bankruptcy is right for you? If you find yourself asking, [ . . . ]

Top 10 Myths About Bankruptcy

June 17, 2010 Brian V. Lee

If you are considering filing bankruptcy, consult with an attorney to help you understand your options. You should not take lightly the choice to file bankruptcy. But you should also not dread bankruptcy for the wrong reasons. Don’t fall prey [ . . . ]

$1.1M to Settle an $8K Credit Card Debt?

June 8, 2010 Brian V. Lee

With the Credit CARD Act of 2009, Congress enacted the most sweeping changes in credit card laws in decades. The majority of consumer protections kicked in on February 22, 2010. Now credit card companies are required to divulge how many [ . . . ]

Top Ten Movies About the Economic Crisis

May 3, 2010 Brian V. Lee

Understanding how the economy got to where it is today is no easy task. What follows are the top ten movies about the economic crisis. Elizabeth Warren, Harvard Law Professor and whip-smart economic wonk, succinctly summarized the frightening state of [ . . . ]

Repairing Your Credit After Bankruptcy

April 28, 2010 Brian V. Lee

If you are considering filing for bankruptcy protection, you have likely considered what effect it will have on your future finances. After all, bankruptcy is a matter of public record, and the bankruptcy will remain on your credit report for 10 [ . . . ]

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