Tag: inflation

The Perfect Storm Leading to Bankruptcies for Thousands of Americans

We Are Far From The End of Cripiling Financial Times for So Many Who Need to Cut Ties with Bad Debts and Start Over with Bankruptcy

The current bankruptcy trend is increased filings, with 504,112 bankruptcy case filings in the tracking year ending September 2024, an increase from the previous year’s filings of 433,658 petitions for bankruptcy Read full article  read more

The Rising Cost of Shelter: How Increased Rent Affects Bankruptcy Filings in Chicago

Rent prices across the United States continue to rise, placing significant financial strain on many households. According to Zumper’s national rent report, the national median price for one-bedroom rents increased Read full article  read more

Navigating a Bad Economy: A Guide to Bankruptcy Relief for a Fresh Start

Chicago’s Financial Advocate: Attorney Joseph Wrobel Paves the Way for a Fresh Start Through Bankruptcy Relief

The global economy has faced unprecedented challenges due to the COVID-19 pandemic. Rising inflation and economic uncertainty have left many individuals grappling with financial difficulties, prompting them to explore avenues like bankruptcy relief Read full article  read more