By Glenn A. Brown, DMD, MBA on March 7, 2010
Taking care of an elderly parent can be a complex task, especially when it comes to finances. Most families disregard the subject of finances and avoid talking about it until the time comes when they absolutely have to.
However, there may come a time when your parent will not be able to make his/her own decisions.. [...]
Posted in Blog, Estate Planning, Probate | Tagged elderly parent, Estate Planning, POA, power of attorney, probate lawyer, trusts, wills
By Glenn A. Brown, DMD, MBA on January 26, 2009
The short answer is Yes.
Chapter 13 bankruptcy is typically designed to help working individuals protect assets like their home and automobile while adhering to a plan that ensures your creditors are paid. You can seek the help of an experienced bankruptcy lawyer in structuring a three to five year payment plan that will allow you [...]
Posted in Blog | Tagged Bankruptcy, chapter 13, Debt Relief, foreclosure
By Glenn A. Brown, DMD, MBA on January 26, 2009
Deciding to file for chapter 7 bankruptcy relief is not an easy decision to make; however, it could give you an opportunity to rebuild and manage your finances more effectively. You can take simple steps to reduce the likelihood that you will not need to file for bankruptcy again.
1. Keep Your Credit Cards Below [...]
Posted in Blog | Tagged chapter 7, life after bankruptcy
By Glenn A. Brown, DMD, MBA on January 18, 2009
A charge off is an accounting entry used by creditors or lenders in their books to account for overdue, uncollected debts. Most debtors, when they see “charged off” on their credit report, assume the debt has been disregarded by the creditor and that they are no longer obliged to repay the debt. This is not [...]
Posted in Blog | Tagged Bankruptcy, charge off, creditor, debt, debtor
By Glenn A. Brown, DMD, MBA on January 4, 2009
Our firm receives this question pretty often. So, we’ve decided to answer it on our blog.
Yes. Filing for bankruptcy will affect your credit rating. Initially, you may see a sharp decline in your FICO score. Once your debt has been discharged, and you begin making on-time payments and wise financial decisions regarding your credit, you [...]
Posted in Bankruptcy, Blog | Tagged credit rating, FICO score
By Glenn A. Brown, DMD, MBA on January 2, 2009
The amount of people applying for unemployment benefits increased to over 4 million in December 2008.
In Pennsylvania, more than 250,000 unemployed persons are receiving unemployment benefits, and in New Jersey more than 160,000, which represents an increase of approximately 6000 recipients in both states.
Economists expect the unemployment rate will continue rising as there is [...]
Posted in Blog | Tagged delaware, In the News, jobless, Pennsylvania, unemployment benefits
By Glenn A. Brown, DMD, MBA on December 30, 2008
Are you on the verge of losing your home to foreclosure?
Chapter 13 bankruptcy offers homeowners some advantages and in most instances, chapter 13 bankruptcy can save your home from foreclosure.
Under chapter 13, you are allowed to “stay” foreclosure proceedings and present a three (3) to five (5) year repayment plan to the court that [...]
Posted in Blog | Tagged Chapter 13 Bankruptcy, foreclosure, save your home
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