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Avoiding Mistakes of The Past, Learning from History

April 27th, 2022 by

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

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

Got Student Loans? Be Aware of These Changes in January 2022

December 7th, 2021 by

Joseph Wrobel Shares Important Information for Student Loan Borrowers: The Student Loan Payment Pause

Student loan borrowers are weighed down by debt and are looking for any option to help them out as the student loan payment pause comes to an end this January 2022. While there are talks about President Biden’s hopes to cancel student loan debt for qualified student loan borrowers. There are other programs for student loan forgiveness for those who work in public service. Meanwhile, for those who are going into repayment, we offer several tips to understand student loan obligations and how to Read full article  read more

Chicago Bankruptcy Question & Answer Podcast with Attorney Joseph Wrobel, September 2021

October 19th, 2021 by
Bankruptcy Questions and Answers with Joseph Wrobel Chicago Bankruptcy Attorney

Chicago Bankruptcy Question & Answer Podcast with Attorney Joseph Wrobel, September 2021

Chicago bankruptcy and consumer credit attorney Joseph Wrobel shares news and updates in 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 September 2021!

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

  • Home Owner: Who is on the deed? Who is on the mortgage?
  • Foreclosure: How to save the home that hasn’t been sold yet.
  • Need to File Bankruptcy? Senior with debts considering bankruptcy.
  • Joint Credit Cards: What happens when one joint cardholder files bankruptcy?
  • Chapter 13: Can I keep my car and vehicle lease while in Chapter 13?

Joseph Read full article  read more

Economic Impact of COVID-19: Bouncing Back

May 19th, 2021 by

Evolving Perspective on the Economic Impact of COVID-19

As the health concerns about the Coronavirus outbreak spread, the economic impact of shutdowns and stay-at-home orders is a common discussion among people evaluating the economic impact of COVID-19. Many quickly adjusted to remote-working and the rest of the family being home. But not everyone was lucky enough to keep their job. Unfortunately, many industries experienced Read full article  read more

The Keys to Credit Repair and Bankruptcy

May 14th, 2021 by

Credit Repair and Bankruptcy Are Common Concerns

Perfect credit is the goal of many people who work hard at managing their money and credit. And if you ask people, many will tell you they would be happy with good credit. At some point, the difference between good and perfect credit may be the amount of savings on monthly payments. However, if someone has bad credit, they might not be extended the opportunity to borrow money and have payments. For many people, good credit is necessary to buy a Read full article  read more

Chicago Bankruptcy Questions and Answer Podcast with Attorney Joseph Wrobel, March 2021

April 1st, 2021 by

Chicago Bankruptcy Attorney Joseph Wrobel Answers Real Questions About Bankruptcy

Chicago bankruptcy and consumer credit attorney Joseph Wrobel answers real frequently asked questions about bankruptcy and how it can affect their life and finances in this edition of the monthly bankruptcy FAQ podcast series.

Need a Bankruptcy Attorney in Chicago, Illinois? Call Joseph Wrobel (312) 781-0996

Real Questions Asked and Answered in this Bankruptcy Podcast:

  • I won a small claims case and now the person filed for bankruptcy, what can I do?
  • As the creditor, can I challenge someone’s chapter 13 bankruptcy discharge?
  • Car loans after bankruptcy 1: Can I negotiate a payoff where I didn’t keep up with payments?
  • Car loans after bankruptcy 2: Want to get a cheaper car and get rid of the one with payments.
  • How will bankruptcy affect my ability to rent housing during college?
  • When can my Chapter 13 bankruptcy case be discharged, can it be done early?

Joseph Read full article  read more

Debt Collectors on Social Media: Changes from the Consumer Financial Protection Bureau

March 9th, 2021 by

Debt Collectors on Social Media Have to Follow the Rules: The Fair Debt Collection Practices Act

The Fair Debt Collection Practices Act (FDCPA) was approved in 1977, as an act to amend the Consumer Credit Protection Act, to prohibit debt collectors from engaging in abusive debt collection practices. Consumer protection laws such as the FDCPA are the tools of the Read full article  read more

Chicago Bankruptcy Questions and Answer Podcast with Attorney Joseph Wrobel, November 2020

December 11th, 2020 by

Chicago Bankruptcy Attorney Joseph Wrobel Answers Real Questions About Bankruptcy

Chicago bankruptcy and consumer credit attorney Joseph Wrobel answers real frequently asked questions about bankruptcy and how it can affect their life and finances in this edition of the monthly bankruptcy FAQ podcast series.

Real Questions Asked and Answered in this Bankruptcy Podcast:

  • Can a tenant use bankruptcy to avoid eviction?
  • Can I stop a wage garnishment if I have no income?
  • How can I protect myself from foreclosure with bankruptcy?
  • How can I keep my car if I must file for bankruptcy?
  • When can I purchase a home after Chapter 13?
  • How much do you have to pay in bankruptcy?

Find this podcast and our videos on our YouTube Channel – Don’t forget to SUBSCRIBE!

Joseph Wrobel has been a practicing attorney since 1973 and has experience in a wide variety of laws relating to legal matters for individuals and families. Wrobel helps clients Read full article  read more

Coronavirus Layoffs: Creditors and Repayment Options

October 1st, 2020 by

Coronavirus Layoffs, Creditors, and Repayment Options

COVID-19 led to business closures and shutdowns and people are still struggling with Coronavirus layoffs. While many employers took advantage of COVID-related loans and relief options, the limitations and shutdowns continue to lead to layoffs and financial crises in many families. Depending on the situation, you may have options to make it through a layoff.

In this short article, Joseph Wrobel, Ltd. Read full article  read more