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 February 17, 2009
When you file for chapter 13 bankruptcy protection you are required to repay your outstanding debt, usually within a three to five year period, and allowed to keep your property. This bankruptcy option can be ideal for working individuals who have a substantial amount of debt on secured assets like a home, automobile or other [...]
Posted in Articles | Tagged Bankruptcy, chapter 13, debt repayment plan
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 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 November 10, 2008
In late 2005, the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 was enacted into law. Among other things, this act requires a “means test” to see if debtors qualify for Chapter 7 bankruptcy relief. The means test examines your monthly income and expenses and compares them to the median income in and around [...]
Posted in Bankruptcy | Tagged abuse prevention and consumer protection act of 2005, bankruptcy protection, bankruptcy relief, BAPCPA, chapter 13, Chapter 7 bankruptcy, debtors, means test, median income
By Glenn A. Brown, DMD, MBA on September 17, 2008
New Castle County is located in the state of Delaware metropolitan area, and is populated by approximately 525,000 people. The median household income is $53,543, making it a thriving middle-class urban city. It is the northernmost county in Delaware, and is bordered by Pennsylvania, New Jersey, and Maryland.
New Castle County, Delaware has a burgeoning economy [...]
Posted in Articles | Tagged chapter 13, delaware bankruptcy lawyer, home foreclosure, home sales, New Castle county
By Glenn A. Brown, DMD, MBA on March 18, 2008
The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 requires:
(a) A debt relief agency shall…
(1) not later than 5 business days after the first date on which such agency provides any bankruptcy assistance services to an assisted person, but prior to such assisted person’s petition under this title being filed, execute a written contract [...]
Posted in Bankruptcy | Tagged BAPCPA, chapter 11, chapter 13, Chapter 7 bankruptcy, Debt Relief