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.

At Least 42 Percent of Covid Layoffs Will Be Permanent

July 13, 2020 Brian V. Lee

Covid-19 is Also a Reallocation Shock, a recent white paper from the National Bureau of Economic Research, makes some troubling predictions for the U.S. economy. The researchers anticipate a drawn-out economic recovery from the Covid-19 shock, even if the pandemic [ . . . ]

How to Prevent Foreclosure If You Lose Your Job

July 19, 2018 Brian V. Lee

Foreclosures in the United States have dropped to an 11-year low while unemployment has found a 44-year low. How the average American fares, however, does not reflect the circumstances of any particular individual. Statistics simply don’t make a difference when you’re [ . . . ]

Not Every Financial Mistake Leads to Bankruptcy

March 28, 2018 Brian V. Lee

It’s OK to make mistakes. After all, not every financial mistake leads to bankruptcy. Yet the converse is also true. Not every bankruptcy is caused by mistake. Everyone makes mistakes, but only the wise learn from them. You must allow [ . . . ]

Bridging the Economic Divide

March 1, 2016 Brian V. Lee

In the United States today, economic opportunity remains sharply divided along racial and ethnic lines. President Obama has declared bridging the economic divide to be “the defining challenge of our time.” So why does an immense wealth gap persist in [ . . . ]

Bankruptcy Conversion from Chapter 13 to Chapter 7

June 1, 2010 Brian V. Lee

If you qualify for Chapter 7 bankruptcy, then you are legally entitled to a bankruptcy discharge of all eligible debts. On the other hand, in Chapter 13 bankruptcy, you propose to repay some pre-arranged portion of your debt. Under certain [ . . . ]

Top Three Reasons to File Bankruptcy

May 18, 2010 Brian V. Lee

Bankruptcy is not appropriate for every situation, and the primary concern of a bankruptcy lawyer is to explore all of the options to determine whether bankruptcy or some other option is the best choice for you. No one intentionally chooses [ . . . ]

The Top Ten Reasons For Bankruptcy

April 26, 2010 Brian V. Lee

You have your own story, but so do we all. If you’re considering bankruptcy, you may feel isolated or uniquely afflicted. But you are not alone. In fact, certain recurring circumstances lead people to file bankruptcy. Here are the top [ . . . ]