Bankruptcy Blogger

Posts

Chicago Bankruptcy Attorney Joseph Wrobel: Bankruptcy FAQ Podcast 12.24.2024

January is a Great Month to Talk About Getting Out of Debt 

It’s cold this month, just about everywhere, and the bills are going to be high! Vehicles dislike winter and break down. Credit card bills already too high are getting taxed. January is one of those months we feel like we are never going to be able to get ahead. Do you spend the month of January telling yourself, it’s okay, those were holiday expenses last month and we’re all going to make it? 

If you are sick of just making ends meet and no matter how hard Read full article  read more


A Day in the Life of a Bankruptcy Attorney

What It’s Really Like to Be a Bankruptcy Attorney: A Day on the Job

A bankruptcy attorney’s role is both demanding and rewarding. These legal professionals assist individuals and businesses struggling with overwhelming debt by guiding them through the complex bankruptcy process. For those seeking a fresh financial start, choosing the right bankruptcy lawyer can make all the difference. This article takes a closer look at a typical day in the life of a bankruptcy attorney, providing a behind-the-scenes glimpse into how they Read full article  read more


Understanding Bankruptcy: Your Guide to Managing Debt, Divorce Issues, and Financial Hardships with Attorney Joseph Wrobel

In today’s complex financial landscape, it’s easy to feel overwhelmed by debt, significantly when unexpected life changes impact our finances. From maxed-out credit cards to unanticipated medical bills, the financial strain can become unbearable. However, there is hope. Bankruptcy options like  Read full article  read more


Rising Rent Costs Are Squeezing American Tenants’ Budgets: A Look at the Crisis

Renting has become increasingly difficult for many Americans as rent prices climb faster than wages. In cities nationwide, more tenants are finding themselves “cost-burdened,” spending over 30% of their income on rent. This widespread issue affects individuals in nearly every state, but certain areas feel more strain than others. This article explores the rise in rent prices, the most impacted states, and the potential solutions, Read full article  read more


Sports Gambling and Bankruptcy: How Legalized Betting Impacts Financial Stability

The recent rise in sports gambling in the United States has led to significant financial and legal consequences. In states that have legalized sports gambling, there has been a noticeable uptick in personal bankruptcies, debt collections, and other economic challenges. The study conducted by researchers at the University of Southern California (USC) highlights the growing issue of gambling addiction and its link to economic instability, including bankruptcy.

 Read full article  read more


How and Why Bankruptcy Cases Get Dismissed: Lessons from the Rudy Giuliani Case

Filing for bankruptcy is often seen as a way to gain financial relief and protection from creditors. However, not all bankruptcy cases proceed smoothly to discharge. In some instances, as highlighted by the recent dismissal of Rudy Read full article  read more


Navigating Financial Hardships: How Joseph Wrobel Can Guide You Through Bankruptcy

Monetary challenges are a prevalent concern in the United States today. Nearly four out of ten adults fret over meeting their financial obligations, making the economic landscape formidable. Joseph Wrobel, an experienced Chicago Bankruptcy Attorney, comprehends these tribulations and stands ready to provide the solace and reassurance necessary to maneuver through them. Meet Chicago Bankruptcy Lawyer Joseph Wrobel.

The Contemporary Financial Milieu

A recent  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 by 1.5% to $1,526, and two-bedroom rents rose by 1.9% to $1,900 in June. This persistent increase in housing costs and ongoing inflation pose a challenge to the Federal Reserve’s efforts to lower interest rates this year. For many residents Read full article  read more


What Happens to My Stuff When I File for Bankruptcy?

What Happens to My Assets?

When “bankruptcy” is mentioned, it often triggers fear and uncertainty. Questions like, “What will happen to my possessions?” or “Will I lose everything?” can be overwhelming. This article aims to demystify the bankruptcy process, specifically focusing on what happens to your assets. With insights from Chicago Bankruptcy Lawyer Joseph Read full article  read more


What You Should Do to Prepare for a Bankruptcy Consultation

Filing for bankruptcy is a significant decision that can help you regain control over your financial situation. Before diving into the process, preparing adequately for your initial consultation with a Chicago bankruptcy lawyer is crucial. Joseph Wrobel, the principal attorney at  Read full article  read more