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Answers to Common Bankruptcy Questions in January 2023

January 13th, 2023 by J. Wrobel

Bankruptcy Questions and Answers with Joseph Wrobel Chicago Bankruptcy Attorney 312-791-0996

Answers to Common Bankruptcy Questions in January 2023

Chicago bankruptcy and consumer credit attorney Joseph Wrobel shares news and updates on bankruptcy law as well as business and consumer financial matters. It has been documented that financial troubles can cause all sorts of ailments, the most common of which is sleeplessness. Joseph Wrobel helps clients alleviate the anxiety created by the inability to pay bills and the embarrassment of financial distress.

Answers to Real People’s Questions in this 30-Minute Show:

How does a lawsuit become a judgment and how do collections proceedings work?
Can I discharge my income tax debt in a Chapter 7 Bankruptcy?
I need to file for bankruptcy but also need to buy a car first, will that be a problem?
How do I start getting my credit score back up after bankruptcy?
What is the time frame and process I can expect in a common bankruptcy case?

Joseph Wrobel Read full article read more

Houston Judge Strips Alex Jones of Bankruptcy Protection

January 6th, 2023 by J. Wrobel

$1.5 Billion Judgement Regarding Sandy Hook Families – Ended a Stay Preventing Families from Proceeding in Litigation

Alex Jones is a radio host sued and found liable for defamation damages regarding Jones, the host of the “Infowars” brand and publication to pay $965 million in damages to Sandy Hook Elementary School shooting victims and families as well as $473 million in punitive damages, for a total of $1.44 billion.

Jones recently filed for Chapter 11 bankruptcy protection. A bankruptcy filing Read full article read more

Side Hustles for Extra Income: Put Money in Your Pocket Now

November 15th, 2022 by J. Wrobel

Best Side Hustles for Extra Income

The Internet and technological development create new opportunities for people to start side hustles for extra income. Economic uncertainty and the increased cost of living with inflation make it difficult for many people to keep up with their bills and save money. Most people who have savings are using that money to pay more expensive utility bills, groceries, and gas at the pump. While cutting Read full article read more

Living With Cash: Save Money and Build Wealth Living on Cash and Savings

October 27th, 2022 by J. Wrobel

Living Well With Cash, Leaving Credit, Learning Why Cash is King

Living without credit and getting rich is easy when we change our mindset. What can you do with $10,000 in the bank? You can do a lot more than you can with $10,000 of purchases bought on credit. For people who want to be frugal and build savings, learning to live on cash and save for emergencies puts you in a position of power. In several religions, there are rules about the use of credit and paying interest on things that otherwise could have been cash purchases.

People who are used to living Read full article read more

What Happens to My Home if I File a Bankruptcy?

September 23rd, 2022 by J. Wrobel

Your Home and Bankruptcy: What Happens to My Home if I File a Bankruptcy?

Chicago bankruptcy and consumer credit attorney Joseph Wrobel shares news and updates on bankruptcy law and business and consumer financial matters. It has been documented that financial troubles can cause all sorts of ailments, the most common of which is sleeplessness. Joseph Wrobel helps clients alleviate their anxiety created by the inability to pay bills and the embarrassment of financial distress.

What Happens to My Home if I File a Bankruptcy?

Chapter 7 Bankruptcy and Keeping Your Home or Giving Up Home Ownership
- Keeping Your Home with Chapter 7
- Giving Up Home Ownership in Chapter 7
Chapter 13 Bankruptcy to Keep Your Home and Get Caught UP on Payments
- Value of Home is Too High
- Stopping Foreclosure to Keep Your Home
Joseph Read full article read more

Bankruptcy Because of COVID 19 Shutdowns in Chicago

July 27th, 2022 by J. Wrobel

Bankruptcy Because of COVID 19 Shutdowns in Chicago: People Get a Fresh Start and Relief from Debts

More than two years after “flattening the curve” the COVID shutdowns still impact many hard-working Chicago residents trying to rebuild their financial futures after job losses, work-from-home orders, and now inflation and high prices. For whatever reason, and many reasons beyond peoples’ control, bankruptcy becomes the only way Read full article read more

Preparing for Recession: Bankruptcy, a Solution for Peace of Mind?

June 17th, 2022 by J. Wrobel

Preparing for Recession and Considering Bankruptcy as an Option to Save Your Sanity

The war in Ukraine and the COVID interruptions to the American economy are significant. Many say a major Read full article read more

Chicago Bankruptcy Question & Answer Podcast with Attorney Joseph Wrobel, April 2022

April 29th, 2022 by J. Wrobel

Chicago Bankruptcy Question & Answer Podcast with Attorney Joseph Wrobel, April 2022

Chicago bankruptcy and consumer credit attorney Joseph Wrobel shares news and updates on bankruptcy law as well as business and consumer financial matters. It has been documented that financial troubles can cause all sorts of ailments, the most common of which is sleeplessness. Joseph Wrobel helps clients alleviate their anxiety created by the inability to pay bills and the embarrassment of financial distress.

Listen to the Chicago Bankruptcy Questions and Answers Podcast for April 2022!

Just a few questions and issues from real people answered in this 30-minute show:

Cars and Bankruptcy: Title Loans, Dismissed Bankruptcies, and Title Issues
Getting Out of Credit Card Debt and Debt Collection Issues
Divorce and Cars, Property in Soon to Be Ex’s Name
How Much to Expect in Monthly Payments with Chapter 13
Seasonal Employment and Income and Chapter 13 Payments

Joseph Wrobel Read full article read more

Avoiding Mistakes of The Past, Learning from History

April 27th, 2022 by J. Wrobel

Avoiding the Mistakes of the 1980s During the Cold War with Russia, The Soviet Union

Learning from history, we should be avoiding the mistakes of the past, like the 1980s, when people seemed to stop saving and started overspending. If we don’t make smart financial choices when times are good, we are going to have money trouble when times are bad.

Consumer spending in the 1980s was out of control, by their past standards. Now consider the late 2000s, when the housing bubble broke and economic disaster led to the daily news headlines, did we learn anything from history? Around Read full article read more

Life is Short. Get the Bankruptcy. Start Fresh.

April 25th, 2022 by J. Wrobel

Life is Short and Bankruptcy Laws Are Designed to Bail People Out from Bad Times

Keep control over your life and finances by making the decisions that are best for you now, and in the future. Don’t let anyone or anything get in your way. Chapter 7 and Chapter 13 bankruptcy laws are designed to help people out when they have financial emergencies because bad things happen to good people. During the regular question and answer podcasts, Attorney Joe Wrobel often talks about bankruptcy as referenced in the Bible, which Read full article read more