Welcome to The Law Offices of Paul Y. Lee

You are not alone in the bankruptcy process. Let us serve as your guide, helping you secure maximum debt relief through whichever type of bankruptcy is best suited to your specific case. Contact us today to get started.

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Is Credit Card Debt Making You Depressed?

New research links short-term household debt with increased symptoms of depression. It comes as no surprise that having high levels of short-term household debt can be very stressful. But did you realize that unpaid credit cards or overdue utility bills may also cause...

Do You Need to Discharge All Debt Before Retirement?

Discharge bad debt with bankruptcy, but don’t be afraid to hold good debt. Unfortunately, many Americans are unprepared for retirement? Are you among them? According to a recent survey from the Employee Benefit Research Institute, almost one third of workers have less...

Business Bankruptcies Continue to Decline

Business bankruptcy filings are down to their lowest rate since 2006. According to the latest quarterly report from New Generation Research, business bankruptcy filings have continued to decline in the first quarter of 2015. The report shows a 3 percent decline from...

Bankruptcy for Small Business Owners

Get an overview of the types of bankruptcy that may apply to your business. If you own a small business that is in danger of going under due to overwhelming debt, bankruptcy may be able to help. It is very important to understand that as a small business owner who may...

How Chapter 7 Bankruptcy Affects Lease Agreements

In most cases you can continue car and residence leases unchanged during Chapter 7 banruptcy. If you are struggling with overwhelming debt from credit cards, medical bills, payday loans, utility bills, etc., Chapter 7 bankruptcy may be an excellent option. Using this...

Secured Credit Card FAQ

Get answers to questions about this important post-bankruptcy tool. A Chapter 7 or Chapter 13 personal bankruptcy can provide very valuable debt relief, but this relief does come at a cost. The bankruptcy filing will appear on your credit report for up to 10 years,...

Do’s and Don’ts for Avoiding Bankruptcy

Learn what strategies to try and what to avoid if you’re struggling with debt. Although bankruptcy is a common experience for many Americans that does not mean it is something that should be entered into lightly or treated as a sort of get-out-of-jail-free card for...

What Retirees Can Do About Debt

Filing for Chapter 7 bankruptcy can help retirees find freedom from debt collector harassment. Retirement is supposed to be a happy and relaxing time, but for many older Americans these so-called “golden years” are being tarnished by debt problems. Retirees who could...

Get a New Start in the New Year with Bankruptcy

Contact us today for a free bankruptcy evaluation. Are you facing a mountain of debt that never seems to get any smaller, no matter how much you try to chip away at it? Maybe you have been slow to recover from credit card bills racked up while out of work, or maybe...

Perils of Using 401(k) Loans to Forestall Bankruptcy

Why take the risk of a 401(k) loan when you can find better debt relief with Chapter 13 bankruptcy? When faced with growing debt problems, people sometimes scramble to throw all available assets towards repayment. However, this is not necessarily the best option in...