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 calls for people not to be slaves to their debts and encourages them to be free from their debts, allowing bankruptcy as an option. Jesus does not want you to live saddled with burdensome debt.
Stop and remind yourself of one thing: it is not your fault that bad things happen to good people like you. Bankruptcy is a good thing, and it presents an opportunity for you to make a fresh start and get the financial future you want and deserve.
After our clients successfully finish the bankruptcy process, most have more money to spend, more money to pay bills, better jobs, savings accounts, credit cards, and realistic financial goals nothing can stop them from reaching.
When calling Joseph Wrobel, Ltd., you will get an appointment at one of our several conveniently located Chicago area locations. Then when you and your family meet with Attorney Joseph Wrobel and his staff attorneys and paralegals, the entire situation will be explained, and you will learn your options to determine what makes the most sense and whether bankruptcy makes sense for you and your family.
Learn About Chapter 7 Bankruptcy and how Chapter 13 Bankruptcy Covers Everything
Get the Bankruptcy Because You Deserve a Fresh Start
Keep your home using the bankruptcy laws to eliminate bad debts you don’t need or want to pay. Even if you own a house, depending on the market value of the house and property, and depending on the mortgage balance, it is possible to keep the house and be eligible to file a Chapter 7 bankruptcy. Of course, if you do not qualify for Chapter 7 bankruptcy relief, you may keep your house using the benefits of Chapter 13 reorganization bankruptcy. This is great news for anyone worried about losing their house, especially if it is inherited or paid off in full.
Keep your car in your garage or driveway either way with a Chapter 7 or a Chapter 13 bankruptcy. Sign an affirmation agreement if necessary and keep making car payments with the extra money you are no longer using to pay old debts. Whether you own, finance, or lease a car, truck, or van, the vehicle may be kept under a Chapter 7, or it’s possible a Chapter 13 bankruptcy would work better to keep the vehicle. It all depends on the financial calculations for Joseph Wrobel, Ltd to advise you what your options are so that you can decide what to do.
Start Fresh and Make Smart Financial Decisions for the Future
After your bankruptcy, anything is possible because you have control to steer your future without financial obstacles and debt standing in your way. Another conversation topic on the bankruptcy podcast is about credit and how easy it is to build that credit back up when there are fewer bills to pay. Some people worry about being able to buy cars and homes and get new credit cards in addition to secured cards, and they are surprised by how easy it is to get credit again.
Learning from experiences, many who take advantage of bankruptcy laws try to do a few new things to protect themselves from any future financial surprises. One thing to learn is how many credit cards and how much of a balance to keep on revolving credit because those payments can add up and the debt liability can hurt credit scores. Another tip people will share is the benefit of having easy access to savings in case something happens like a car or home repair. Instead of swiping that surprise car repair, use the cash you kept saved, and feel that much better, knowing that you are done with it. Life is Short. Get the Bankruptcy. Start Fresh.
Stop Feeling Bad, Start Feeling Good – How to Give Yourself a Boost and Start Feeling Better
Stop Creditor and Collector Calls, Introducing the Automatic Stay Provision
Close your eyes and imagine being able to eat a meal, check email, or watch your favorite show, without being interrupted and harassed by a bill collector. Why do these people need to know why we are late paying a bill? Do they want to know about our financial problems? Do they enjoy making us feel bad?
The Automatic Stay provision of the Bankruptcy Code applies immediately when your case is filed, and you get automatic stay rights whether you file a Chapter 7 or a Chapter 13 bankruptcy case. The automatic stay law says that while you are in bankruptcy, nobody can take your property, or take any actions to collect money from you, because you are federally protected by the Bankruptcy Code. This protection extends to phone calls, and lawsuits, and means that there is nothing anyone can legally do to collect money while you are under bankruptcy protection. People who hire attorney Joseph Wrobel to do their bankruptcies are thrilled when they learn that all the calls and harassment have to stop immediately when their bankruptcy case is filed. Life is Short. Get the Bankruptcy. Start Fresh.
Read our article for more information – The Automatic Stay: It Stops Bill Collectors in Their Tracks
Making Smart Work and Money Decisions in Both Stable and Unstable Economic Times
Growing older, gaining experience, and building wisdom, we can all agree that the one constant thing is change. No matter what we want to happen, things are going to continue happening to us, our families, our communities, and the world around us, whether we like it or not. This means that good economies and bad economies are expected. This means there are going to be good and bad times to buy or rent a home. This also means that things like pandemics can pop up when we least expect them. If there is one thing to learn from COVID, it is that we always need to be prepared for the unexpected.
Saving money and being able to have backup plans and opportunities are important. We never have a guarantee that we will be able to get up and go to work in the morning or have the income we are used to receiving from a source we cannot control. What we can do is plan and have access to money and savings in case there is an interruption in things. Learning to live simply and do well on what one needs, is the challenge, and the reward is less stress and more life enjoyment.