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Latest Bankruptcy News
One of the biggest misconceptions about bankruptcy is that it is the result of poor money management. While there are cases in which mismanaging money and overspending leads to overwhelming debt burdens, the majority of bankruptcy cases are brought about through unforeseen circumstances such as job loss, divorce or medical illness.
The number one cause of bankruptcy cases is medical debt. Today’s health care insurance options are far from satisfactory. Even if someone can afford to have health insurance, chances are their policy doesn’t provide adequate coverage for many conditions. Serious conditions are often excluded from eligibility and treatment for conditions like cancer or chronic illness can costs hundreds of thousands of dollars.
Luckily, bankruptcy is one option that can quickly relieve medical debt burdens. In fact, medical debt is one of the easiest debts to have discharged in bankruptcy. If you or someone you know is suffering from overwhelming medical debt, contact us today to find out how we can help regain financial health!
What Clients Are Saying
I was originally contacted by Lee Law Firm through the usual propaganda that comes through the mail however I noticed something very different about their flyer, it stated: “We help good people through bad times” and that caught my attention. I was going through a bad time financially and I was very close to losing my home. From the moment I made the initial telephone call to Lee Law Firm I knew that my assets and essentially my home were in good hands. I was greeted with great customer service and was immediately informed as to what the next step that I need to take in order to save my home. I finally felt that there was hope. The professional manner in dealing with this sensitive matter and organizing it expeditiously was astounding. Additionally, they were open to my many questions and concerns regarding this and there was always someone available to take my calls and always responsive to my concerns.
I feel very lucky to have had Lee Law Firm represent me in this matter and, I would strongly, recommend Lee Law Firm to anyone who is looking for ethical attorneys who listens to their clients concerns and needs and represents them in a zealous professional manner.
Martin F
Vol. 2, Issue 8.
August 2012
Note From The CEO
I am not just the CEO of Lee Law Firm, but also a personal advocate of financial health and helping people regain control over their futures.
“A good, top-caliber lawyer knows that filing for bankruptcy is not the end of your financial life, it’s only the beginning. These people have had their tough times, but bankruptcy ends that. It relieves the pressure instantly and gives you a fresh start. I believe that everybody deserves that second chance.”
Christopher Lee
What's New With Us!
At the Lee Law Firm, our attorneys are highly trained in all areas of bankruptcy, foreclosure, credit negotiation and finance. One of our attorneys, Lee Barrett, is also an active litigation and commercial lawyer, representing business owners suffering financial distress. However, Mr. Barrett isn’t just one of our experienced attorneys; he is also a published author.
This month The Lee Law Firm is pleased to host a book signing for Mr. Barrett, celebrating the release of his first fictional novel titled, Barge Pilot. The book is a bold, panoramic view of the beauty and the suffering of fatherhood. Driven by the rich traditions of Southern literature, Barge Pilot cuts across social and economic classes to examine modern fatherhood as seen through the eyes of the privileged as well as the powerless.
Barge Pilot is a second round contender in the 2012 Amazon Breakthrough Novel contest and currently available for purchase on You can also follow the latest news and updates of Barge Pilot by following it on Facebook at .
Money Management Tips
Last month, we discussed how to avoid credit card debt during the expensive back-to-school rush. Now it is time to start talking about the upcoming holidays.
Although it is only August, it is not too early to begin planning for Christmas spending. As one of the most expensive holidays, many people spend more on gifts in the month of December than they do all year. That means you are in a unique position to develop a plan and save over the next few months, so you can avoid racking up more credit card debt.
First, take a look at who is on your gift list. While we would love to buy gifts for everyone in our families, extended family may not be necessary. If you can find a way to shorten your list, do it. Or agree to limit the number of gifts per person. Another idea is a gift exchange among family members, where each person draws one name and only buys for that person.
Next, set a spending limit. The spirit of Christmas is giving from your heart, not your wallet. Skip that expensive piece of jewelry or name brand item, and find a gift that means something special. Homemade gifts can really show you care, while also saving you some money.
Last, skip your own luxury purchases over the next few months and put that money towards your gift fund. Instead of getting Starbucks everyday, put that money in your drawer each week. You will be surprised how much you can save by cutting out your own unnecessary spending. Sacrificing a little here and there for a few short months is a small price to pay for the ability to buy your gifts in cash this year instead of credit.
Fun Facts
Did you know that August has some of the lesser known holidays of any month?
Interestingly, the majority of the holidays that occur in August go unrecognized or even unheard of. Some might say that the holidays occurring in August are mostly for fun.
For example, August 6th is Wiggle Your Toes Day! and August 30th is National Toasted Marshmallow Day, a day where we can break out the chocolate and graham crackers for some yummy S’mores.
Of course, not all of the holidays in August are just for fun. August 13th is Left Hander’s day, a day celebrating the uniqueness of people who can write with their left hand. And August 26th is Women’s Equality Day, commemorating the 19th Amendment to the Constitution.
Stay Connected With Lee Law Firm
Questions or comments? Visit us online at or call 817-616-1150