Every year, thousands of people across Illinois and the U.S. face unexpected financial challenges, and many don’t know where to turn. In our latest Bankruptcy FAQ podcast, Chicago bankruptcy attorney Joseph Wrobel addresses the kinds of questions he’s hearing most in 2025, providing practical advice and compassionate guidance.
Use This Link to Listen https://bit.ly/2025-FAQ-Bankruptcy
Here are some of the topics we covered:
🔹 Second Mortgages & Chapter 7:
Even if your second mortgage debt was discharged, the lien often remains. Learn why lenders can still foreclose, and what your legal options may be more than 10 years after your bankruptcy discharge.
🔹 Reaffirmation Agreements:
If a debtor rescinds their reaffirmation agreement, can you still sue for the balance? We break down how reaffirmation works, especially with vehicle loans.
🔹 Debt Lawsuits for Small Amounts:
Getting sued for a few thousand dollars? Joseph explains when you can negotiate directly with creditors and avoid hiring a lawyer.
🔹 Car Repossession & Retirement:
What happens if you’re retired, your car is repossessed, and you’re left owing thousands? Learn how state exemptions in Florida and other states might protect your home and limited assets.
🔹 Bank Accounts & Social Security:
Can creditors freeze your accounts? What if your only income is Social Security or disability? Joseph explains how exemption laws can protect your money, and when being “judgment-proof” matters.
🔹 Overstated Credit Card Applications:
Can you still file for bankruptcy if you exaggerated your income? Yes, but there could be some legal risk. Learn what to watch out for.
🔹 Overwhelming Debt & Home Loan Issues:
Whether you’re feeling stuck in a home loan or drowning in credit card bills, this episode offers real advice on how to move forward, whether through settlement, short sale, or bankruptcy.
If you’re struggling with debt or facing lawsuits from creditors, don’t wait to learn your options. Joseph Wrobel has over 30 years of experience helping people in Chicagoland get a fresh start.
Call today for a free consultation: (312) 781-0996
Visit us online: www.ChicagoBankruptcy.com
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