Glenn A. Brown, DMD, MBA
Glenn A. Brown, DMD, MBA is solo practitioner of Real World Law, a general practice law firm located in Philadelphia and Delaware, which focuses on chapter 7 13 11 bankruptcy, business litigation, and real estate transactional matters. Dr. Brown helps single individuals, married couples, small businesses, corporations, sole proprietors and partnerships obtain debt relief under the US Bankruptcy Code.
By Glenn A. Brown, DMD, MBA on October 31, 2009
You’re often reminded of how extremely important your credit (aka FICO) score is. Nowadays, your credit score can determine whether or not you purchase a home for your family, insure your vehicle or take a new job. Yes! That’s correct. Employers are checking the credit scores of potential employees as part of the hiring process. [...]
Posted in Articles, Bankruptcy, Excerpts, Featured | Tagged credit rating, credit score, FICO score
By Glenn A. Brown, DMD, MBA on October 19, 2009
Although Chapter 13 bankruptcy is not the most widely used bankruptcy option, it is preferred by many homeowners that are on the verge of losing their homes. Under a chapter 13 bankruptcy, single or married consumers are allowed to propose a three to five year repayment plan, during which time they can bring their past [...]
Posted in Articles, Bankruptcy, Bankruptcy Myths, Featured | Tagged chapter 13, save your home
By Glenn A. Brown, DMD, MBA on October 5, 2009
An S Corporation is a designation you can seek for your corporation primarily for United States federal income tax purposes. To form an S Corporation, you must first file Form 2553 with the IRS.
According to Wikipedia.com:
“In general, S Corporations do not pay any income taxes. Instead, the corporation’s income or losses are divided among and [...]
Posted in Bankruptcy, FAQ, Featured | Tagged Bankruptcy, IRS Form 2553, S Corporation
By Glenn A. Brown, DMD, MBA on September 18, 2009
Your corporation is considered a separate entity. Therefore, if you file personal bankruptcy it will not affect your corporation as a whole. However, if your personal shares of the corporation are considered your personal assets, those shares could be liquidated as part of your assets, and the proceeds from the sale would be used to [...]
Posted in Bankruptcy, FAQ | Tagged Business Bankruptcy, corporation, debt reorganization, personal bankruptcy
By Glenn A. Brown, DMD, MBA on September 10, 2009
Whether or not your business bankruptcy will affect you personally depends on the type of bankruptcy you file.
If you file chapter 7, the shareholders of your corporation (including you) could lose your stock values if the stock shares are liquidated with the corporation assets.
If you choose to file chapter 13 bankruptcy, the shares of the [...]
Posted in Bankruptcy, Business Bankruptcy, FAQ | Tagged businsess bankruptcy, chapter 11, chapter 13, chapter 7, debt reorganization
By Glenn A. Brown, DMD, MBA on August 6, 2009
Although bankruptcy is not the right solution for every consumer or business owner, it may be for you. If you’re suffering from severe financial hardship, are unable to pay your bills or trying to prevent foreclosure on your home, you may find this debt relief option very beneficial for your situati0n.
Here are 3 [...]
Posted in Articles, Bankruptcy, Featured | Tagged chapter 11, chapter 13, chapter 7, file bankruptcy
By Glenn A. Brown, DMD, MBA on July 2, 2009
Catastrophic injuries can be physical, mental, and/or emotional in nature, and have an enormous effect on your life. They often require extensive and sometimes long-term medical treatment. These injuries usually have a permanent effect on the life of the person injured; however, some people affected with these injuries have a great recovery. There are other [...]
Posted in Personal Injury