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 […]

How Long Does Foreclosure Stay on a Credit Report?

How Long Does Foreclosure Stay on a Credit Report

If you are facing foreclosure or have already been through foreclosure, you may wonder: How Long Does Foreclosure Stay on a Credit Report? Most of my clients who are facing foreclosure want to keep their properties. There are lots of options for those facing foreclosure in DC, Maryland or Virginia. If you want to save […]

How Long Will Bankruptcy Stay on My Credit Report?

Bankruptcy can be a life-changing decision. You should definitely educate yourself as much as possible about the ramifications before you file. Your specific circumstances will determine whether bankruptcy is the right choice for you. But you must keep your long-term objectives in mind. On a weekly basis I answer the question: How long will bankruptcy […]

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 […]

How to Dispute Errors on Your Credit Report

How to Dispute Errors on Your Credit Report

Federal law allows you to request an investigation of information on your credit report that you feel may be inaccurate. No one can legally remove from a credit report accurate negative information, such as bankruptcy, tax liens, judgments or child support. However, it is perfectly legal to request an investigation of any item on your […]

Bankruptcy and Marriage

Bankruptcy and Marriage

When a spouse is involved, filing bankruptcy can be significantly more complicated than filing a simple individual bankruptcy. The intersection of bankruptcy and marriage can create complicated circumstances for both spouses. In many cases, a married couple may find themselves entering into complex legal territory when considering bankruptcy. There are four major factors that affect […]

File a Chapter 7 Bankruptcy: A Step-by-Step Guide

File a Chapter 7 Bankruptcy A Step-by-Step Guide -- LEE LEGAL -- DC VA MD

You may be aware that bankruptcy involves a complex set of laws and procedures specific to each individual jurisdiction. Filing for bankruptcy may seem daunting at first. If you are considering filing Chapter 7 bankruptcy in DC, Maryland or Virginia, read below for the ten steps of a successful Chapter 7 bankruptcy. The steps to […]

What is Skip Tracing?

Skip Tracing

Skip tracing (or “skiptracing”) is the imprecise and frequently inartful process of locating a person’s whereabouts by whatever means available to the skip tracer. Skip tracing tactics are most often employed by debt collectors, although the methods are also used by law enforcement, private investigators, bounty hunters, and journalists. Skiptracing is also sometimes referred to […]

Repairing Your Credit After Bankruptcy

Repairing Your Credit After Bankruptcy

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 years. In addition, your credit score will take a major hit when you file. Reality […]