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.

Don’t Send Good Money After Bad

December 7, 2017 Brian V. Lee

Don’t send good money after bad. Have you heard the phrase? It means spending even more money on an investment with the hope of recouping your original investment. Most of our clients feel their credit card purchases to be investments. From [ . . . ]

Your Best Foreclosure Defense is Persistence

November 29, 2017 Brian V. Lee

per · sis · tence 1. going on stubbornly or resolutely despite opposition or warning 2. insistent repetition of a question or opinion In Washington, D.C. you need both of these definitions to put forth a strong foreclosure defense. Your best [ . . . ]

Student Loan Debt in DC, Virginia, and Maryland

November 8, 2017 Brian V. Lee

In October 2017 the Consumer Financial Protection Bureau (CFPB) published a 50 State Snapshot of Student Debt. Since its formation, the CFPB has handled tens of thousands of complaints related to student loan lenders, servicers, and debt collectors. Student loan debt in [ . . . ]

We Fight the Good Fight

August 29, 2017 Brian V. Lee

Lee Legal takes on just a few carefully selected litigation cases each year. Every story has two sides, but we prefer cases where our client has the better story. We prefer not just to win, but to be right. At [ . . . ]

Use Your Tax Refund to File Bankruptcy

April 3, 2017 Brian V. Lee

Attorneys fees used toward bankruptcy are exempt from distribution. In most cases, your entire tax refund can be protected in bankruptcy. But if you are considering filing for bankruptcy, you should also consider how much it will cost to file. [ . . . ]

Does Foreclosure Terminate a Lease?

March 13, 2017 Brian V. Lee

If you rent your home and your landlord is in foreclosure, you are fully justified in wanting to know: Does foreclosure terminate a lease? You may have an excellent relationship with your landlord, but if your landlord is in foreclosure, [ . . . ]

Washington DC Area Tops List for CFPB Complaints Nationwide

May 28, 2016 Brian V. Lee

As of March 1, 2016, the Consumer Financial Protection Bureau (CFPB) handled approximately 834,400 complaints, including approximately 22,800 complaints. The Washington, DC area has three of the top seven jurisdictions for CFPB complaints per capita. By a wide margin, Washington, [ . . . ]

Why is My Mortgage Company Suing Me in Washington, DC?

April 7, 2016 Brian V. Lee

With just 97 completed foreclosures, the District of Columbia had the nation’s lowest annual number of completed foreclosures in January 2016. But Washington, D.C. also had the fourth highest foreclosure inventory rate in January 2016 at 2.3 percent. So why is [ . . . ]

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