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 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 December 10, 2008
Deciding whether bankruptcy is the best choice for your personal situation, is not an easy decision to make. Individuals seek bankruptcy relief for a number of reasons. As you consider filing for bankruptcy, ask yourself the following questions:
Are you receiving threatening notices from your creditors?
Are you on the verge of foreclosure?
Have you lost a [...]
Posted in Featured | Tagged Bankruptcy, chapter 11, chapter 13, chapter 7
By Glenn A. Brown, DMD, MBA on December 10, 2008
Bankruptcy is the relief granted by law to debtors – individuals and businesses alike – when their assets exceed their liabilities or otherwise, have difficulty in paying creditors when due. There are many types of bankruptcy proceedings, each having its own purposes, advantages and limitations.
The following are the most common bankruptcy chapters used by [...]
Posted in Featured