- Divorce
- Child SupportFALSE. As a debtor you know what you own and to whom. You can choose to pay for some of your debts outside of bankruptcy or put them all in the bankruptcy filing. It is not mandatory that all of your debts be managed through the bankruptcy process. Also, there are a few types of debt that cannot be included in bankruptcy. Past due child support and some student loans cannot be discharged through the bankruptcy process. Contact our knowledgeable attorneys to get more information about what types of debt you can eliminate.
- Spousal SupportThe unpaid and overdue amount as of the date the bankruptcy case is filed. The word “arrears” refers to the amount that is past due on mortgage payments (including interest and penalties), back child support, or back alimony owed.
- Corporate LawAs one of the most personalized law firms in the area, the Lee Law Firm aims to provide every client, big or small, with the individualized attention and care they need to successfully navigate the legal process. They serve clients in the areas of personal and business bankruptcy, foreclosure, mortgage modification, tax debt, corporate law, litigation and commercial law. Helping clients from all industries has allowed the Lee Law Firm attorneys to experience and grow from negotiating complex projects and navigating rapidly changing technology and business environments.
- BankruptcyChapter 13 bankruptcy is a way to reorganize debt and pay creditors in a manner that is manageable by the debtor. Chapter 13 is different from Chapter 7, which liquidates unsecured debts and no payments are made. Chapter 13 bankruptcy provides the debtor an opportunity to make payments under more favorable conditions, such as lower to no interest rates. It is a restructuring process that allows an individual to make payments on delinquent accounts while keeping their property.
- ForeclosureIf a person has failed to make the necessary payments on their property the lien holder, or creditor, may pursue foreclosure of the property. Foreclosure is a legal process that results from a creditor taking legal action against a debtor who was defaulted on their property payments. Through the process of foreclosure, the lien holder seeks to
- Debt Collection