Tag Archives: Bankruptcy as financial planning

How many ways can credit scores cost me money? What can I do about it?

The Consumer Federation of America “(CFA) is an association of non-profit consumer organizations that was established in 1968 to advance the consumer interest through research, advocacy, and education. Today, nearly 300 of these groups participate in the federation and govern it through their representatives on the organization’s Board of Directors.[i]” The CFA studies consumer behavior and uses focus groups to follow economic trends and how public policy can affect consumers. The use of credit and the cost to consumers when they have low credit scores is a particular area of inquiry for the CFA. Creating pro-consumer policies and increasing communication and awareness about credit issues is a focus of this service organization.

The recent survey and release of findings on credit scores and the costs to consumers

The CFAs sixth annual survey of credit scores today, was released June 13, 2016. The survey findings indicate that over 80 percent of consumers do not understand some basic facts about their credit scores. The following are highlights of the survey as reported in the CFA press release:

  • Credit scores are used by mortgage lenders (88%) and credit card issuers (87%).
  • Key factors used to calculate credit scores are missed payments (91%), personal bankruptcy (86%), and high credit card balances (85%).
  • Ethnic origin is not used to calculate these scores (believed by only 12%).
  • 700 is a good credit score (81%).[ii]

The findings show that the Millennial generation have less an understanding of the credit scoring system when compared to Generation X.

What consumers do not know, can cost them money

A low credit score can affect many aspects of a consumer’s day to day life. Not only is your credit score used to determine the percentage rate you would pay on a car or home loan. The insurance rates you pay can be significantly higher than your neighbor with the higher credit score. When the insurance companies consider a consumer with a low credit score (something under 620) they figure that individual is more likely to file multiple insurance claims, and the statistics back it up.

Many people with low credit scores have more difficulty financing a home and renting is their only option. More bad news for renters with low credit scores – expect to pay a higher security deposit when renting a home or apartment. The assumption is that people with low credit scores have a hard time paying their bills, so the rental owner wants more money on deposit in case the renter with the low credit score cannot pay their rent.

Today is the day you can start learning more about credit and how to maximize yours

By reading this article and the CFA press release, you will know more about credit than many others out there. Here’s something else to be aware of, advocates for reform want more protection for consumers so their lives are not determined by credit scores. If you do some research on the Internet, you can learn how to write your local legislative representatives and tell them you want them to take better care of consumers with protection laws that prevent big companies from charging you more money due to your credit score.

Next steps in repairing, boosting and making your credit score bulletproof

Well, we can’t really make your credit rating bulletproof, but there are several ways you can improve your score and keep it there. If you are underwater on all your payments and your scores suffer every month with negative reports, a Chapter 7 or 13 bankruptcy can help you wipe out the debts you cannot pay and give you a fresh start. Rebuilding your credit is much easier when you are not behind the eight ball. We can connect you with credit repair companies who use advanced systems to wipe out negative debt and “zombie” debts that may be hurting your score. When you also consider secured credit cards, credit unions and more, you can really take control of your credit, save money and live the way you deserve!

 Joseph Wrobel, Ltd., works with clients on consumer issues including bankruptcy and they can offer additional information to find out if you qualify for Chapter 7 or 13 bankruptcy, and your options and rights under the law. The firm will also advise and assist clients with best credit repair options.   

Joseph Wrobel, Ltd. helps people get control of their finances and a fresh start at financial freedom. The firm’s website contains informative videos about financial issues as well as bankruptcy protection for families who want a fresh start.

Don’t forget to keep up with us on Facebook, Twitter, LinkedIn and Avvo, where you can read client and peer reviews!

 

 

 

[i] Consumer Federation of America, website, About CFA

[ii] Consumer Federation of America, 6th Annual Credit Score Survey Reveals Large Majority Know Credit Score Basics But Don’t Understand Important Details, Jun. 13, 2016 press release.

Employment and bankruptcy: Why bankruptcy filers should not lose sleep

In any society, the concept of getting something and not paying for it seems wrong. The incorrect assumption of many people who have never filed bankruptcy might be that an individual ran up credit cards, borrowed money and never intended to pay it back. The actual amount of true bankruptcy fraud is quite small and the majority of people who file for bankruptcy protection had never imagined they would find themselves in a state of financial emergency. The economic collapse in 2008 significantly changed the landscape of financial assumptions in the U.S. First, we no longer assume jobs and markets are bulletproof. Second, we all know someone negatively affected by the bad economy. Third, we all probably know someone we regard as a good person with strong character who filed for bankruptcy protection when the economy or a financial emergency threatened his or her livelihood.

With so many people taking advantage of bankruptcy laws, it is tough for employers to be that fussy.

Since the end of the economic boom in the 90s, many people bought more house than they could afford, expecting values to continue rising and equity building. Many more people were cut short when their companies started laying people off. Meanwhile, others who had a good amount of money in savings may have lost most of it due to illness, not being able to find another job, or an emergency event such as a traffic accident or other personal injury. As more people learned that bankruptcy was there to help them out, and they did not “lose it all” in the process, like some people think, the perception and feeling about bankruptcy improved.

Since so many people have taken advantage of the bankruptcy laws and protection, it is more difficult for an employer to deny a job to someone based on their current or recent past financial situation. It may be illegal for an employer to deny your application simply because you filed for bankruptcy, in federal, state and local government positions. In private companies, however, the potential employer may be allowed to inquire as to your financial status and review your credit. As stated earlier, with such a large number of people with bankruptcies in their past, the pool of applicants for jobs could be wrongly skewed when candidates are rated not on their education, experience and background, but rather whether they have ever filed for bankruptcy protection.

While many employers may not care about a bankruptcy, some positions involving money may require additional consideration.

There are some positions involving money, budgeting and financial expertise, where the employer might not consider an applicant who has experienced personal financial emergency or has taken advantage of bankruptcy protection. Having said that, many of those companies might have themselves taken advantage of bankruptcy laws to restructure their debts and creditor obligations.

If during the application and interview process the topic of financial security and bankruptcy were to come up, it is smart to have a prepared explanation of what occurred and why you may have decided to file for bankruptcy protection. The same way you might let a friend or family member know that bankruptcy is not bad, it is a provision of the law to give people a fresh start in uncommon circumstances, you as a job applicant might explain those uncommon circumstances, often not within your control, and assure them that you made the best decision to protect your home and your family when the chips were down. An honest and forthright job applicant may be just the person they are looking to hire.

Joseph Wrobel and his associates are not only bankruptcy attorneys, but also counselors to their clients, to help them get that fresh start they need and get back on their feet without feeling shame or fearing they shouldn’t apply for that dream job.

Joseph Wrobel, Ltd. helps people get control of their finances and a fresh start at financial freedom. The firm’s website contains informative videos about financial issues as well as bankruptcy protection for families who want a fresh start. To keep in touch and read about consumer finance news and stories you can “Like” the firm’s Facebook page and “Follow” Joseph Wrobel. Ltd. on Twitter. If you need immediate legal assistance, please call Joseph Wrobel, Ltd. by calling (312) 781-0996 to talk to an attorney today.

 

Bankruptcy Basics: Danger in Attempting Bankruptcy Without a Lawyer

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.

CLICK/TAP HERE TO LISTEN NOW

Topics covered in this 30 minute show:

  • What happens when people try to pursue a bankruptcy case (pro-se) without a lawyer;
  • Why the bankruptcy courts treat everyone with the assumption they know the laws;
  • There is no “do-over” or reset button on final decisions by bankruptcy courts;
  • How a bankruptcy attorney can help repair some but not all of the damage.

Joseph Wrobel has been a practicing attorney since 1973 and has experience in a wide variety of law relating to legal matters for individuals and families. Wrobel helps clients get out of debt and get a fresh start. He is an active member in several bar associations and the Bankruptcy Panel of Pro Bono Program of the Chicago Volunteer Legal Services. After serving the U.S. Army Reserve 363rd Civil Affairs Unit, Wrobel earned a B.A. in Psychology from Northwestern University and in 1973 he earned a JD from DePaul University Law School. 

Visit our Chicago Bankruptcy Site online for more about the firm. You may also contact Joseph Wrobel for more information at (312) 781-0996 and by e-mail at JosephWrobel@ChicagoBankruptcy.com

Bankruptcy Basics: February Bankruptcy FAQs Part 1 of 2

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 PODCAST NOW

Topics covered in this 30 minute show:

  • How much debt do I need to have to file for bankruptcy and what does it cost?
  • If I have a money judgment entered against me can it be removed in bankruptcy?
  • What happens to medical debts from one state in another if I file for bankruptcy?
  • How does bankruptcy affect my taxes, since I received a form 1099 from a collector?

Joseph Wrobel has been a practicing attorney since 1973 and has experience in a wide variety of law relating to legal matters for individuals and families. Wrobel helps clients get out of debt and get a fresh start. He is an active member in several bar associations and the Bankruptcy Panel of Pro Bono Program of the Chicago Volunteer Legal Services. After serving the U.S. Army Reserve 363rd Civil Affairs Unit, Wrobel earned a B.A. in Psychology from Northwestern University and in 1973 he earned a JD from DePaul University Law School.

Visit our Chicago Bankruptcy Site online for more about the firm or contact Joseph Wrobel for more information at (312) 781-0996.

Planning a bankruptcy in 2015? Time to get things in order.

Many people who make the decision to file a petition for bankruptcy have been thinking about it for a while. In most households, a series of life and financial events usually cause an inability to keep up with the payments on houses, cars, credit cards and so on. There are a few “last straws” that prompt people to file for bankruptcy. Wage garnishments and home foreclosures are common events that cause an individual person or married couple to declare bankruptcy in either a Chapter 7 discharge or a Chapter 13 reorganization bankruptcy.

  1. Measuring the credibility of collector threats;

Debt collectors have very convincing threats they can use to coerce you into making a payment on a debt you owe them, regardless whether you can afford to pay them. If paying a credit card, for example, means you will be without food or power, you might not be able to afford to pay them. If the amount you owe is not significant a collector might simply call you forever. They might also sue you. Remember that large credit card companies have collectors with attorneys on file it may cost them very little to get a money judgment against you. If there is a judgment against you, the creditor may get the court to seize cash in your bank account or force the sale of assets to pay the debt. A bankruptcy could stop that creditor in their tracks.

  1. Keep your cash account balances low if you are concerned with account seizures;

If you have money sitting in your checking account to pay large bills such as rent and mortgage payments, consider converting cash into money orders or otherwise safeguard it somewhere else than cash checking accounts. If your account is seized by the court in collection of a money judgment, you may have a very difficult time persuading your creditor or court to return your cash because you had it budgeted for car or housing payments.

  1. Negotiating payment plans to avoid bank account seizures;

Even though a creditor might obtain a money judgment against you for the full amount they are seeking, they might also accept monthly payments, and so long as they receive monthly payments they might refrain from seizing your cash accounts and assets.

  1. Creating all your list of debts and collectors;

Order a copy of your credit report using a website such as Credit Karma (they advertise no fee access to credit scores and reports) and compile a master list of everyone to whom you owe money. By reviewing all three credit reports (Equifax, Trans Union and Experian) you can make sure nothing slips between the cracks. A bankruptcy petition requires a complete listing of all creditors. It is a good idea to become familiar with how credit is reported so you can later watch over it and make sure there are no inaccuracies. Many people have some sort of incorrect information listed on their credit report(s).

  1. Meet with a bankruptcy attorney who can advise you about next steps;

In order to qualify for Chapter 7 or Chapter 13 bankruptcy it is recommended you work with a licensed bankruptcy attorney who understands how to navigate the complex system of bankruptcy qualifications such as the means test for Chapter 7. Your bankruptcy attorney can also tell you everything you need to do to prepare for your bankruptcy case. When you are looking for a bankruptcy attorney, look for an attorney or law firm primarily focused in bankruptcy law because that experience is helpful to making sure you get a fresh financial start with the best outcome from the bankruptcy case.

  1. Create a working budget during bankruptcy and stick to it after;

Many people say that the most important credit factor about bankruptcy is what you do to protect your credit after a bankruptcy. Since the automatic stay provision of your bankruptcy stops creditors from collecting from you during the case, you will be able to apportion monthly income to keep up with important payments and start saving money for the future. Setting and sticking to a strict budget will help in building discipline and living within your means so you can avoid financial problems in the future. Just as easily, as people fall into the habit of overspending, they can learn the habit of budgeted spending.

  1. Research how to challenge negative marks on credit reports.

A bankruptcy discharge may eliminate your duty to pay certain debts, but that does not automatically wipe those debts from your credit rating. Your credit score might still be low after your bankruptcy case, and it will be necessary to let the credit reporting agencies know that a debt is no longer owed and should be eliminated from the credit report. There are agencies who work with clients, for a reasonable fee, and help update the credit agencies to reflect the results of a bankruptcy discharge order.

Most of a bankruptcy client’s anxiety can occur in the time before a bankruptcy filing. Once the information is collected and the process is underway, the client can relax and prepare for financial success with a fresh start.

Joseph Wrobel, Ltd. helps people get control of their finances and a fresh start at financial freedom. The firm’s website contains informative videos about financial issues as well as bankruptcy protection for families who want a fresh start. To keep in touch and read about consumer finance news and stories you can Like the firm’s Facebook page and Follow Joseph Wrobel. Ltd. onTwitter. If you need immediate legal assistance, please call Joseph Wrobel, Ltd. by calling (312) 781-0996 to talk to an attorney today.

Mark’s story: He thought he would be ruined filing bankruptcy before 30 years old.

Mark’s story is one not too uncommon in our current economy, in which many people are still recovering from the great recession. Among the petitioners for bankruptcy relief, we are starting to see more recent college and graduate level young adults whose expectations did not pay off. While they can rarely, if ever, discharge their student debt, the credit cards and spending habits some kids develop can really hurt their future financial lives.

Live like a student while in school or live like a student after you graduate.

When Mark applied to law school, his student loan advisor gave him some good advice he regrets not taking. She told him to only take the maximum amount you need for tuition and books and consider working part time to pay for some of your rent and living expenses. Mark was not worried, he knew he would make plenty of money after law school and he was sure he would get a great associate position at the firm he was going to work at, seeing as one of the partners belonged to the same country club as Mark’s father.

Mark’s parents told him that they would pay for college but he was on his own for graduate school. Mark was used to a better standard of living, coming from a well to do suburb, and he took out the full amount available so he could maintain his standard of living and spending. With his good grades from college Mark was sure law school would be a piece of cake, since he was smart and things always came easy to him.

The best-laid plans often can and will fall apart and blow up in your face.

There were a few surprises in store for Mark as he got settled in law school and worked through first semester with his classmates, learning how to research and write, and some of the foundation of a legal education. When it came to final exams, Mark studied hard and also hung out with a few of his friends who got finance jobs after college and also lived in the city. Mark thought he did well on his final exams. As it turned out however, he finished his first semester with a 3.00 GPA, a far stretch from his 3.85 GPA he earned in college. Law school was a bit more competitive.

Moving forward a few years, Mark did not get the job he expected, but ended up with a lower paying law clerk job. He maxed out his student loans every semester to keep up with his friends with big salaries. He graduated from law school around the middle of his class. He passed the bar exam on his third attempt. He could not find a decent paying associate attorney job to save his life. His credit card bill debt was in the clouds, along with his car payment and the unsecured loans he borrowed after maxing out on his federal loan ceiling.

Bankruptcy helped Mark eliminate some of his unsecured debt to give him a better chance at having a normal financial life.

Mark’s father refused to bail him out and Mark could not even make his minimum payments. His father actually suggested he file for Chapter 7 bankruptcy and hope he learned his lesson. Mark even had trouble renting an apartment because his credit report was so bad. After his bankruptcy case was over and Mark learned how to spend in his actual income bracket things were smooth sailing again. One of the important things Mark did after the bankruptcy was work on rebuilding his credit using some time-tested strategies, and he was able to buy a new car, although at a higher interest rate. Mark plans on refinancing and is saving money for a down payment on a condo.

 Deciding whether bankruptcy protection may be the answer to your financial problems requires knowing the law and how it can help you.

 Mark’s story is one that many young and seasoned people have to tell these days. What is important to remember is that there is always light at the end of the tunnel and a fresh start really can put people back on track.

Joseph Wrobel, Ltd. helps people get control of their finances and a fresh start at financial freedom. The firm’s website contains informative videos about financial issues as well as bankruptcy protection for families who want a fresh start. To keep in touch and read about consumer finance news and stories you can Like the firm’s Facebook page and Follow Joseph Wrobel. Ltd. onTwitter. If you need immediate legal assistance, please call Joseph Wrobel, Ltd. by calling (312) 781-0996 to talk to an attorney today.

 

Bankruptcy Basics: A Closer Look At Chapter 13 Reorganization

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.

CLICK/TAP HERE TO LISTEN TO THE PODCAST NOW

Topics covered in this 30 minute show:

  • What exactly is Chapter 13 bankruptcy, who can file and what does it do?
  • What happens to my home or real estate as Chapter 13 payments are made?
  • Can Chapter 13 bankruptcy help with my student loans or IRS debt?
  • Can Chapter 13 affect a suspended drivers license for failure to pay tickets?

Joseph Wrobel has been a practicing attorney since 1973 and has experience in a wide variety of law relating to legal matters for individuals and families. Wrobel helps clients get out of debt and get a fresh start. He is an active member in several bar associations and the Bankruptcy Panel of Pro Bono Program of the Chicago Volunteer Legal Services. After serving the U.S. Army Reserve 363rd Civil Affairs Unit, Wrobel earned a B.A. in Psychology from Northwestern University and in 1973 he earned a JD from DePaul University Law School.

Small businesses and bankruptcy: A few things to consider when deciding whether to close up shop

When the economy plunged in the last recession, many people lost their jobs and could not find work. Some people took the opportunity to go into business own their own. With nothing to lose, many found their entrepreneurial spirit and set up websites and printed business cards to work as consultants in some fashion related to their set of skills and experiences. In the process, and as the economy slowly rebounded, some people did really well for themselves and others did not. Most success stories (more like survival stories) come from people who kept their debt and overhead low when going out on their own. The people who borrowed operating capital or sunk their life savings into a new venture did not always do as well as the others with less to lose if the new gig did not work out.

If a new business venture fails, there are several considerations to review when the owner needs to get out from under a failing business.

Thinking positively, as if anything is possible, consider whether the business is making money and if it can be saved with a capital injection. When cash flow is a problem and the bills need to be paid, an outside investor might be persuaded to add some money to the business in exchange for a percentage of profits. If the business makes money at different times of the year, such as a seasonally booming business, some outside money can make it easier to get through the slow times of year.

If business starts to slow down month after month with no sign of improvement it might be time to cut further losses and get out completely. In recent quarters, the economy has looked good and companies are hiring. Stepping away from a business venture to get back into a full time job is not a sign of weakness, rather think of the sign of strength and resolve a person must have to launch a small business venture in the first place.

When deciding to close the doors on a small business, there may be a few important business and legal decisions to make.

If a business closes with outstanding debts and liabilities there are a few options available, based on how the business was structured. A properly formed corporation may only have liability for assets in the business. Otherwise, a sole proprietor doing business on their own under a business name may be personally liable for any debts they incurred in the business. Additionally, some lenders putting money into small corporations require the borrower to sign with personal liability on money lent to the corporation. If creditors are going to go after your personal assets to get paid for debts of the business, a bankruptcy might protect you.

There are forms of bankruptcy relief and protection for individuals and small businesses. Once a bankruptcy petition is filed with the court the automatic stay provision kicks in and creditors must stop all collection activity and they cannot make contact with you during the period of time the bankruptcy case is ongoing. While a Chapter 7 bankruptcy can discharge the debts of the business, some people make too much money and do not qualify for Chapter 7. The alternative relief in Chapter 13 allows a reorganization (and partial discharge) of debts and provides for a repayment plan to the trustee while the individual gets back on their feet.

If you are interested in a review of a small business and its debts and want to know your options, Joseph Wrobel, Ltd. can help you with a free consultation so you understand all the available options.

Joseph Wrobel, Ltd. helps people get control of their finances and a fresh start at financial freedom. The firm’s website contains informative videos about financial issues as well as bankruptcy protection for families who want a fresh start. To keep in touch and read about consumer finance news and stories you can Like the firm’s Facebook page and Follow Joseph Wrobel. Ltd. on Twitter. If you need immediate legal assistance, please call Joseph Wrobel, Ltd. by calling (312) 781-0996 to talk to an attorney today.

Bankruptcy Basics: September Answers to Frequently Asked Questions

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.

CLICK/TAP HERE TO LISTEN NOW

Topics and types of FAQ covered in this 30 minute show:

  • What happens to a judgment from an uninsured car accident if I file for bankruptcy?
  • Can a 19 year old student loan for $12,000.00 be included in bankruptcy?
  • I am waiting for an insurance proceeds check, will  I be able to keep the money?
  • Can I include a judgment that garnishes my wages when I file for bankruptcy?

 

Joseph Wrobel has been a practicing attorney since 1973 and has experience in a wide variety of law relating to legal matters for individuals and families. Wrobel helps clients get out of debt and get a fresh start. He is an active member in several bar associations and the Bankruptcy Panel of Pro Bono Program of the Chicago Volunteer Legal Services. After serving the U.S. Army Reserve 363rd Civil Affairs Unit, Wrobel earned a B.A. in Psychology from Northwestern University and in 1973 he earned a JD from DePaul University Law School.

Visit our Chicago Bankruptcy Site online for more about the firm. You may also contact Joseph Wrobel for more information at (312) 781-0996 and by e-mail at JosephWrobel@ChicagoBankruptcy.com

 

Ask an anonymous bankruptcy question for our radio show!

Do you have questions about bankruptcy and have a specific situation that causes you to believe bankruptcy protection might save the day? Once a month, Joseph Wrobel appears on the Chicago Bankruptcy Update, an Internet radio show/podcast as he teaches basic bankruptcy concepts while answering real questions about bankruptcy from real people.

If you have a bankruptcy law question for attorney Joseph Wrobel, you can send him an e-mail at josephwrobel@chicagobankruptcy.com and he will read it on an upcoming episode of the Chicago Bankruptcy Update. Please write “radio show question” in the subject line so your question can be included.

Important Disclaimer:

Please understand a few disclaimers: (1) answers to questions read on the show do not constitute legal advice; (2) asking a question to be answered does not create an attorney/client relationships; (3) the radio show is for education and entertainment purposes only.

Joseph Wrobel takes his time to appear on the Chicago Bankruptcy Update for many reasons, mostly to help you, the person who may need bankruptcy information, gets the real information you need without a “sales pitch.” Joseph Wrobel has been an active bankruptcy attorney for more than 40 years and has seen just about everything. As a result, he quickly thinks of the types of situations that are challenging in bankruptcy law.

Joseph Wrobel is changing how people look at bankruptcy. Do not be afraid of taking control.

Attorney Wrobel also knows that too many people are afraid to admit financial defeat, afraid to talk to a lawyer, and afraid of losing their home, car and possessions. There are many instances in which people will not lose everything, will not have to worry, and will be able to start over fresh, without all the debt and harassment from creditors.

If you want to stop the phone calls, wage garnishments and get a better financial attitude, take Attorney Wrobel’s advice and ask the real questions so you can get the real answers. The only bad questions are the questions never asked.

We hope you join us and share your hypothetical question for an upcoming radio show episode.

At Joseph Wrobel, Ltd., we all hope you enjoy our monthly radio show and share it with other people you know might be too shy or ashamed to ask for help. Together we can make a difference.

Joseph Wrobel, Ltd. helps people get control of their finances and a fresh start at financial freedom. The firm’s website contains informative videos about financial issues as well as bankruptcy protection for families who want a fresh start. To keep in touch and read about consumer finance news and stories you can Like the firm’sFacebook page and Follow Joseph Wrobel. Ltd. onTwitter. If you need immediate legal assistance, please call Joseph Wrobel, Ltd. by calling (312) 781-0996 to talk to an attorney today.