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Financial Wisdom Part 3: Don’t Buy These Items on Credit
By John Lee There's thousands of books and articles written about how to be financially successful. Some of these books are written for rich people that already have money, and some of them are written to folks that need to feel good about themselves and what they are...
Financial Wisdom Part 2: Unsecured Debt
By John Lee There thousands of books and articles written about how to be financially successful. Some of these books are written for rich people that already have money, and some of them are written to folks that need to feel good about themselves and what they are...
Financial Wisdom Part 1: Your Mortgage
By John W. Lee There thousands of books and articles written about how to be financially successful. Some of these books are written for rich people that already have money, and some of them are written to folks that need to feel good about themselves and what they...
Chapter 7 Bankruptcy Facts You May Not Know
When Filing a Chapter 7 Bankruptcy, the trustee can undo transactions made prior to filing the bankruptcy. For example, if you gave a portion of your tax refund to a friend or family member, even if you owed them money, the Trustee can go after that person to retrieve...
Personal Injury Claims in Bankruptcy
By John Lee Failing to list your personal injury claim on your bankruptcy schedules can lead to a total loss of your personal injury claim. The debtor in bankruptcy has a duty to list all of his assets, including potential or contingent assets. When a debtor files for...
How to Repair Your Credit After Bankruptcy
By John Lee Many of my clients ask me how they can restore or rebuild their credit after having filed a bankruptcy. The process of rebuilding one’s credit score after bankruptcy will take many months, and in some cases many years. The Chapter 7 Bankruptcy will stay on...
Divorce Issues in Bankruptcy
By John Lee Does divorce impact the bankruptcy process? From time to time I represent a person in a bankruptcy that is going through a divorce or about to go through a divorce. When a person is contemplating a bankruptcy and divorce at the same time, there are special...
Can I Keep my House in Bankruptcy?
By: John Lee I have been practicing bankruptcy law since 1998 and one of the most commonly asked questions is, “Can I keep my house in bankruptcy?” In most cases, a debtor filing bankruptcy can keep his home. When speaking to a new client about whether they can keep...
Do-It-Yourself Bankruptcy
By John Lee Do You HAVE to Have a Lawyer to File Bankruptcy? Often times I am asked if a person can file their own bankruptcy without an attorney. I respond with: Of course, and you can perform your own brain surgery too. Any idiot can crack open their own head and...
How Will My Bankruptcy Affect My Co-Signer?
By: John Lee Often times when a person borrows money, the lender will require the borrower to have a co-signer. The lender requires a co-signer because the lender does not believe the borrower will repay the debt. The co-signer is fully responsible for the debt, if...