Tag Archives: Financial freedom

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 locations all over the Chicagoland area.

On this bankruptcy and financial freedom podcast, Mr. Wrobel answers real questions that real people just like you are wondering about bankruptcy and what happens in certain situations where people are concerned about keeping their home, car and stopping collection activities and wage garnishments.

Want to stop the collectors dead in their tracks with the Automatic Stay provision while you pay back a portion of your debts over three to five years with Chapter 13? Listen and learn.

Some of the questions covered in this month’s bankruptcy and financial freedom podcast include: (1) If I file for bankruptcy, will the funds levied in my bank account be released? (2) Will my roommates’ items be liquidated if I file for bankruptcy? (3) How can I retrieve my forfeited house, after a property tax foreclosure? (4) How long does a bank have to pick up a vehicle if I stop making payments? (5) Can a bank short sell a house after the owner declares bankruptcy? (6) Can a bank refuse to sign a release of lien, demanding payment in full? and (7) Can I eliminate income tax debt in a Chapter 7 bankruptcy?

Joseph Wrobel is an experienced consumer bankruptcy attorney with over 40 years’ experience. When you call his office, he will help analyze your financial information and let you know whether you qualify for Chapter 7 or Chapter 13 bankruptcy relief, so you can get a fresh start.

Remember, what is most important is what you do after a bankruptcy filing. Most people have great credit and can easily buy homes and cars sooner than they realize after getting rid of their bad debt.

Thank you for listening to the Bankruptcy and Financial Freedom Podcast for October 2018.

Call Joseph Wrobel, Ltd. today and learn more about your options. (312) 781-0996.

7 tips for saving money during the holidays

Who has not gone overboard with spending during the holiday season? Buying lavish gifts and throwing huge parties is fun and many of us enjoy the things money can buy. In January, when the bills come due, some of us have just a little guilty shopper’s remorse. Instead of putting yourself in debt and burden to provide what we have been told is a good holiday season, why not make the effort to have more meaningful holidays and celebrations without burdening ourselves with debt and financial struggle?

Regardless of your financial position, consider these 7 tips on being thrifty while still enjoying friends, families and the holidays:

  1. Decide how much you can spend with a holiday budget and pay cash for purchases. We may all enjoy giving our friends, family and neighbors the moon and the stars, the thought of giving and receiving can be done without spending a fortune. Make a list of all the people you want to give gifts and apportion a fixed amount of money you can afford. When you stick within a budget, the price tags might decrease and finding a thoughtful gift on a budget can be enjoyable and less stressful.
  1. Do things together with others and meet up at a local restaurant for a holiday party instead of hosting your own. When celebrating the holidays with the people you love is your focus and priority during the holidays, find a place you all can meet up and share stories and exchange gifts and conversation. As most people bring a small gift to the host of a party, they could spend that money on buying their own holiday food and drink at a local spot everyone loves.


  1. Make gifts for friends and family that will mean more and be appreciated. Do you ask yourself what to get for the person who already has everything? Would they be insulted if you made them a holiday dessert or some candies? Do you know how to paint or make candles? There are so many ways we can use our talents and make our own gifts for others. The time and effort put into homemade gifts can make them more meaningful than anything you could buy at a store.


  1. Take a drive, go look at holiday lights and decorations, and create traditions. When we look back at the holidays and see pictures of loved ones together, the times enjoying the holidays may be what re remember, not the gifts we gave or receive. Most of us cannot exactly recall what gifts were given or received, but we can probably remember who was there. Whether it be taking a drive to look at holiday lights or going bowling with friends and family, the traditions we enjoy make the holidays special, and those traditions do not have to cost a lot of money.


  1. Send holiday gifts just before New Years and take advantage of the sales. Instead of losing sleep over the time it takes the mail to bring presents to our loved ones out of town, send a gift closer to New Years and take advantage of the sales and the extra time for shipping. Waiting until New Years can also make your good holiday wishes stand out more instead of being in the shuffle during the busiest times.


  1. Make phone calls, reach out and touch someone, and save the postage and the cards. When working with a holiday budget, consider trimming the cost of holiday cards and postage and pick up the phone. You can communicate so much more by talking to someone to love and wish good tidings. Alternatively, some people like to send emails, and when you take the time to send individual emails, you still have the opportunity to connect and receive a quicker response than the delayed card from the person who was not necessarily anticipating yours.


  1. Take a vacation during the holidays and create memories instead of buying gifts. If you have younger children, it might be fun to tell them that there may be fewer gifts coming this year because the family is going on a fun vacation together. Family vacations destinations over the holidays could be anything from a resort to the home of friends or relatives who live in a neat place you otherwise do not have the chance to enjoy.

We do not have to break the bank or go into debt to take advantage of these cost saving ideas that can allow us to enjoy the holidays and our loved ones on a reasonable budget.

The attorneys and staff at Joseph Wrobel, Ltd., wish everyone a happy holidays and best fortune in the New Year. In the event your New Year resolutions include stopping bill collectors and payments that prevent you from living a good life, we can help.

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.


Khan Academy: Can it help you make more money?

Bank of America TV ads draw attention to their partnership with the Khan Academy, the non-profit educational organization on a mission to provide “a free, world-class education for anyone, anywhere.[i]” The Khan Academy was founded by former hedge fund analyst, Sal Khan, born and raised in Louisiana and with an impressive resume and educational background. Khan, with funding from the Bill & Melinda Gates Foundation and Google, is now being recognized as a household name since so many large companies are getting involved to fund this non-profit website offering education to anyone, anywhere, at no charge.

Khan Academy is a different kind of education website and as more people learn about it, they are sharing why they spend time on the site.

Critics of online education frequently suggest there is no substitute for traditional classroom settings with interactions among students and teachers. This site is not part of that grudge match, because Khan Academy does not pitch itself as a substitute for degreed education programs and universities, rather it is a free resource for people who want to learn specific information on their own time and pace and from wherever they access Khan Academy, such as from any computer or mobile device.

What you can learn on Khan Academy is seemingly unlimited. Right now, the site offers education resources in the form of video tutorials, lectures, problem solving exercises, social comment, and interaction chats where you can ask any question and others may offer their input. The subjects available to Khan Academy students include just about everything taught in traditional pre-college level education and beyond.

You can use some of the lessons in Khan Academy improve at work, study for a promotion or start your own business on the side.

Being well into a career does not mean there is no need to continue pursuing education. In fact, the most successful careers involve frequent continuing education in specific areas. Not having gone to college should and not having time do enroll in night school should not be a deterrent to people who want to learn more and get ahead at work or get a better job.

The entrepreneurship focus on the Khan Academy website is significant. Many well-known CEOs are contributors to the library of lessons and content available free on Khan Academy. See Interviews with entrepreneurs for personal lessons.

Community questions offer a forum, we hope everyone takes seriously, to ask and get answers.

A recent question posted on the Community Questions page for entrepreneurs reads, “At what point in the business is it big enough to get a professional accounting service.” One response to the question suggested the person consider setting up an internal accounting department. The first person might next do some research about hiring a part-time employee with accounting experience. If that part-time employee only works a few hours a week it could be more affordable than outsourcing those tasks.

Remember, knowledge is power. The more you know, the more you can see new options to make more money and get a better job and career. Sometimes people need to change gears in life and pursue a career in a new direction. Sites like the Khan Academy can be useful springboards to new opportunities.

Joseph Wrobel and the attorneys and staff at Joseph Wrobel, Ltd., work hard to help people turn their lives in the right financial direction, writing and sharing content that helps clients learn, grow and prosper.

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.

[i] Khan Academy website, about page.