If you are living paycheck-to-paycheck, you are not alone. Last week the Brookings Institution released a new article by Princeton and NYU economists entitled The Wealthy Hand-to-Mouth. Some of the article’s findings were startling: The last of these findings is what is so surprising. The wealthy hand-to-mouth tended to be older, better educated, make more money.…
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Most people seeking bankruptcy protection are naturally concerned about their assets. Getting rid of your debt is great, but not necessarily if you lose your home, your car, your tax refunds, bank accounts, or other possessions. Protecting assets in bankruptcy is the main reason to hire a bankruptcy lawyer. Protecting assets in bankruptcy in Washington DC,…
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You may not want to file personal bankruptcy on a debt. You may owe just a single debt, or maybe just a few. In some cases, it makes more sense to consider debt settlement over bankruptcy. Consider hiring an experienced debt settlement attorney in Washington D.C. and Virginia to engage in debt settlement on your behalf. A creditor…
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Many people find it difficult to take the first step when facing debts they can’t pay. There is nothing wrong with being confused or uncertain. Dealing with collections calls and bills you cannot pay is a hassle. However, you can act to protect yourself so you don’t accidentally end up making your financial situation worse.…
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When you are sued for an unpaid debt, usually it is not the original creditor who is filing the action against you. Instead, the creditor has likely sold the debt to a collector for pennies on the dollar. Debt collectors file hundreds or even thousands of lawsuits on a monthly basis with the hope that…
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Chapter 7 is a quick and easy way of discharging your debt. But Chapter 7 doesn’t solve secured creditor problems and is unavailable to higher income debtors. You will want to use a Chapter 13 bankruptcy to restructure your debt if Chapter 7 won’t work for you. If you’re considering filing Chapter 13 Bankruptcy in…
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When you fall behind on your house payments, the mortgage lender will move forward with foreclosure. In Arlington and Alexandria in Virginia, your lender will take all of the necessary steps to seize and sell your home in order to repay the debt balance that you owe. Once the foreclosure process starts, it can be…
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So how much does bankruptcy cost? When you seek bankruptcy protection under chapter 7 in Washington, DC, you are obviously in debt trouble. Not only that, but chapter 7 is also means tested, which means that you must have low-income by definition. Unfortunately, despite the fact that you are already facing serious financial problems, there…
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If your business has significant debt, bankruptcy may be the solution. Businesses can file for bankruptcy protection under both Chapter 7 and Chapter 11 of the Bankruptcy Code. Both provide effective but very different protections from creditors. In some cases, business bankruptcy can involve the personal assets in a Chapter 7 liquidation. You may want…
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Parents and grandparents want to do everything possible to have younger family members succeed in life. In many cases, this means helping them financially. Sometimes, however, you can get yourself into personal financial trouble by cosigning for kids on loans. The risks associated with cosigning can be high. So be sure that you have a…
Continue reading ›Brian Lee from Lee Legal was an amazing attorney to work with. He took his time, reviewed my documents and we discussed my situation thoroughly. He explained the process and my options as well as gave his recommendation. Not only did he assist, but he ensured that I knew this...
Brian handled a legal matter for me and he was fantastic. He kept me informed of all updates and resolved all issues that were presented. I highly recommend Brian to all seeking legal advice and services.
I was very nervous and scared about going through this process. But Brian was very knowledgeable and helped me through it. I was notified about any and all updates to my case and he was very responsive when I had questions regarding any concerns I had. Although a bit nerve...
I've had the pleasure of working alongside Brian V. Lee for several years, and I can say without hesitation that he is one of the most knowledgeable bankruptcy attorneys in the DMV area. Brian's command of Chapter 7, 11, and 13 practice is exceptional, and his clients in the DC...
I wanted to share my sincere appreciation for Brian and the support he provided during a very difficult time for my grandmother. We were not wealthy, but Brian treated us with genuine kindness and respect, making sure we felt comfortable throughout the entire process. He took the...
Still several years from Public Service Student Loan Forgiveness and saddled with significant student loan payments in proportion to my income, I came to Lee Legal to explore the bankruptcy path. Through his counsel, Brian took the fear out of the process and helped me to...
Brian provided me with a very detailed analysis about my potential case after our first consultation. He promptly responded to all my complex questions, especially navigating student loans and some tax discussions. He is very professional and experienced at what he does, I would...
I had the opportunity to work with Brian at a time when I was challenged by a professional setback and forced with the challenge of making some very difficult legal decisions. Additionally, I worked with him again as I was dealing with some financial issues pertaining to my...
Brian has the amazing talent of taking complicated legal matters and distilling them down to seamless, frictionless resolutions. He is a phenomenal problem solver and a trusted advisor.
I came to Mr. Lee in a panic when I was experiencing health problems and the walls seemed to be closing in on me. Initially, I interviewed four attorneys seeking assistance with my situation. He was one of the most thorough and thoughtful people I’ve ever met. His kindness and...
Brian is both warm and professional. He helped me navigate a financial issue that I had not been looking forward to working on and he made the entire experience non-stressful, receiving a lot of anxiety I had around the matter. He is straight forward and a fantastic problem...
Brian is an amazing lawyer. He was referred to me by a friend who was also pleased with his work. I found him to be affordable, efficient, understanding, and easy to talk to. He really cares for his clients and is very committed to doing his best. He is very knowledgeable and...
This is your last stop in your searches for an attorney. After numerous research and interview with many lawyers, I decided to hire attorney Brian Lee. He is extremely knowledgeable, personable, attentive and diligent. He went above and beyond to file my ch 7 bankruptcy and get a...
