Jen Lee is a debt and credit attorney and owner of Jen Lee Law, Inc., a law firm with offices in San Francisco, San Ramon, and Tracy, California. She is a leading expert on debt, credit, and financial stress, having been featured in Consumer Affairs, US News & World Report, and other national publications. Jen
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Marcia talks with credit & debt Attorney Jen Lee about the traps & benefits of business credit. The traps can truly affect your profitability. The benefits cut costs & open the doors to many opportunities. She also shared the facts that almost everyone has or has had credit challenges
Ending the Stigma Around Bankruptcy, with Jen Lee
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Download file | Play in new window | Recorded on May 25, 2022
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Jen Lee is a debt and credit attorney and owner of Jen Lee Law, Inc., a law firm with offices in San Francisco,
The COVID-19 pandemic has had huge impacts on businesses big and small. According to research conducted by Yelp, 60% of businesses have permanently closed as a result of the global pandemic, and more are still struggling to recover.
It can be hard for a business to pick itself back up after huge losses, but it’s
And the lesson is…don’t take financial advice from a fashion magazine?
If you have followed me at all, you may notice that I tend to read a lot and like to write or do videos about the bad information I find on the internet. So, here we go.
An article titled, “6 Important Things to
I recently wrote an article for the Contra Costa Lawyer on attorneys and financial wellness. Much of the article applies to non-attorneys as well and are thoughts that we come across every day in our law practice.
Most people do not want to talk about their finances. No one wants to admit their finances
Annual 1099-C Don’t Freak Out Reminder!
Every year, we get panicked emails, phone calls, carrier pigeon messages from clients who filed for bankruptcy and then received a 1099-C in February when tax forms start coming out. Don’t panic. Here are the thoughts that are running through your head:
A 1099-C is
Yesterday (January 5, 2021), news websites reported the following two headlines:
PANDEMIC SPURS MOST BANKRUPTCY FILINGS SINCE 2009The sky is falling, the sky is falling!
BANKRUPTCY FILINGS HIT 35-YEAR LOW THANKS TO GOVERNMENT PANDEMIC AID
Wait, what? I thought the sky was falling.
How can both of these headlines be true? Because the reporters
Living on credit is a day-to-day reality for millions of Americans.
Consumer debt in the United States totals $14.1 trillion — that’s $14,100,000, 000,000 – with the average person owing over $90,000 (according to Experian’s 2019 Consumer Debt Study). This includes credit cards, consumer loans, secured loans on personal property (electronics, furniture, jewelry, etc.),
With the stroke of a pen, California’s homestead exemption — the amount of equity in one’s primary residence that can be protected from creditors — increased from $75,000, $100,000, or $175,000 (depending on the circumstances) to the greater of $300,000 or “the countywide median sale price of a single family home in the calendar
