The automatic stay: It has exceptions and there are ways you could lose its protection

In a previous article about the automatic stay provision of the bankruptcy code we lined up a few situations in which this section of the bankruptcy law stops bill collectors in their tracks. As a general rule, when a petition for bankruptcy relief is filed and accepted by the bankruptcy court, the automatic stay provision … Continue reading The automatic stay: It has exceptions and there are ways you could lose its protection

The automatic stay: It stops bill collectors in their tracks

Compared to many laws on the books in the U.S., the bankruptcy code sometimes seems like magic. For no other reason than you have a right to apply for it and a desire to wipe out debt, you can petition the bankruptcy court to either eliminate your debts and/or pay them back for pennies on … Continue reading The automatic stay: It stops bill collectors in their tracks

How the FDCPA and the automatic stay help stop bill collectors from harassing you

Do you enjoy being harassed by bill collectors who ask excessive invasive questions and never seem to let up? Nobody enjoys harassment by creditors. There are several ways you can protect yourself from the harassment including making them stop calling you for good if you decide that the relief offered by the bankruptcy courts will … Continue reading How the FDCPA and the automatic stay help stop bill collectors from harassing you

Examples of the automatic stay and how it operates in bankruptcy law

“Automatic stay” is protects you from creditors during bankruptcy. While a bankruptcy case is active, be that a Chapter 7 or 13, no creditors or collectors may contact or harass the individual or organization in bankruptcy. Specifically the definition of automatic stay on the U.S. Courts official website is, “An injunction that automatically stops lawsuits, … Continue reading Examples of the automatic stay and how it operates in bankruptcy law

NHSC Substance Use Disorder Workforce Loan Repayment

Substance Use Disorder Workforce Loan Repayment and Public Service Student Loan Forgiveness Student loan debt, second only to mortgages, is the leading debt category for consumers. The rising cost of college tuition and living expenses causes many students to apply for student loans to cover more of the tuition and expenses students cannot afford. When … Continue reading NHSC Substance Use Disorder Workforce Loan Repayment

Bankruptcy for Unpaid Workers

Bankruptcy for Unpaid Workers in Chicago Who Run Out of Money The current government shutdown causes people to ask themselves what would happen if they did not receive their paycheck for several weeks or longer. For families living on budgets, not receiving pay means the bills are not going to be paid. Unpaid workers without … Continue reading Bankruptcy for Unpaid Workers

Filing for Bankruptcy After Divorce?

Whether to File Bankruptcy After Divorce: Consider These Scenarios Divorce is difficult enough without also worrying about finances after the divorce and whether filing for bankruptcy after divorce makes sense and will help you out. In some situations, the spouse ordered to pay the other doesn’t hold up their end of the bargain in the … Continue reading Filing for Bankruptcy After Divorce?

Bankruptcy and Financial Freedom Podcast for October 2018

Are you tired of being harassed by collectors and worrying about your financial future? Joseph Wrobel is someone you should listen to when he talks about bankruptcy and financial freedom. (312) 781-0996. This is the October 2018 Chicago Bankruptcy and Financial Freedom Podcast! Joseph Wrobel is the principal attorney at Joseph Wrobel, Ltd., with office … Continue reading Bankruptcy and Financial Freedom Podcast for October 2018

What Everybody Should Know About Chapter 13 Bankruptcy

Chapter 13 Bankruptcy Has Unique Advantages Over Chapter 7 When you go to Joseph Wrobel, Ltd. to talk about your rights and options in the Bankruptcy Code you will learn about Chapter 13 bankruptcy and all how it solves the problem of limitations you may face with Chapter 7 bankruptcy. The main differences between Chapter … Continue reading What Everybody Should Know About Chapter 13 Bankruptcy

Why people chose Chapter 13 bankruptcy

Why people chose Chapter 13 bankruptcy Chicago bankruptcy attorney Joseph Wrobel is often asked why people chose Chapter 13 bankruptcy. His frequent answer is, “It depends.” After the initial meeting with your bankruptcy attorney you should be advised whether you qualify for a Chapter 7 or a Chapter 13 bankruptcy. Your bankruptcy attorney asks for … Continue reading Why people chose Chapter 13 bankruptcy