Bankruptcy is the legal discharge of debt. If you have taken on more debt than you are able to repay, the law allows you to eliminate most and often all of your debt in bankruptcy. For some debtors, this can have the effect of providing a whole new start in life. The United States Bankruptcy Code is complicated and constantly changing, however, so great care must be taken in preparing a bankruptcy petition.

Chapter 7 and Chapter 13 are the two types of bankruptcy typically available to individual or joint debtors. In either type of bankruptcy, the court issues an nifty order called the “automatic stay,” which directs your creditors to cease all collection activities immediately under penalty of sanction. If your home is scheduled for a foreclosure sale, the sale will be legally postponed while the bankruptcy is pending, typically for three to four months.

If you are considering filing for bankruptcy in Washington, D.C. , Virginia or Maryland, it is strongly recommended that you contact a knowledgeable bankruptcy attorney immediately.

Lee Legal is a debt relief agency as defined by 11 U.S.C. § 528(a)(4). In other words, we help people file for relief under the Bankruptcy Code.

What is Foreclosure Loss Mitigation?

June 29, 2018 Brian V. Lee

Foreclosure loss mitigation is the process that mortgage lenders use to work with homebuyers who are behind on their mortgages. You may be able to modify your mortgage, obtain approval of a short sale, or otherwise more efficiently surrender the [ . . . ]

Feds Sue the Nation’s Largest Debt Settlement Company

November 13, 2017 Brian V. Lee

On November 8, 2017, the Consumer Financial Protection Bureau (CFPB) sued the nation’s largest debt settlement company, Freedom Debt Relief, part of the Freedom Financial Network. According to the CFPB, Freedom deceives consumers by charging them without without settling their [ . . . ]

How Long Does Foreclosure Take?

May 4, 2017 Brian V. Lee

Several factors affect how long it takes to complete a foreclosure in the District of Columbia. You may be living in the property, or you may have it rented. You may need some time to find a new place to [ . . . ]

Does Foreclosure Hurt Your Security Clearance?

April 28, 2017 Brian V. Lee

Between four and five million Americans have security clearances, but recent data suggest that security-cleared employees are less in demand as they used to be. Still, jobs requiring security clearances continue to command higher compensation and remain very highly sought-after in [ . . . ]

Washington DC Foreclosure Notice Requirements

April 11, 2017 Brian V. Lee

Washington, D.C. is a judicial foreclosure jurisdiction. In judicial proceedings, the defendant must be given specific notices at every step of the foreclosure process. You have rights if you are facing foreclosure in Washington, D.C., but you must act to [ . . . ]

Hire an Experienced Bankruptcy Attorney

November 14, 2016 Brian V. Lee

Almost a year ago on December 1, 2015, major changes to the official bankruptcy forms took effect. One of the stated purposes of the changes was to make the forms easier. Unfortunately, the new forms did not accomplish that goal. [ . . . ]

Foreclosure Defense in Washington, D.C.

September 29, 2016 Brian V. Lee

Lee Legal provides foreclosure defense in Washington, D.C. We defend homeowners and commercial property owners facing foreclosure in D.C. Superior Court. If you receive a Complaint for Judicial Foreclosure, there are deadlines to file papers with the court. Once you are served, you [ . . . ]

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