When people begin to struggle with overwhelming debt, they often carry a great deal of fear and uncertainty. Many assume bankruptcy will permanently damage their reputation, destroy their credit forever, or cause them Read full article
Financial distress often escalates quickly. A missed payment can turn into a lawsuit. A lawsuit can turn into wage garnishment. Mortgage arrears can lead to foreclosure proceedings. A delinquent vehicle loan can result Read full article
Recent national data show that nearly one in five new vehicle buyers are now signing loans with monthly payments of $1,000 or more. Read full article
Reports of major auto industry bankruptcies Read full article
In 2025, Americans are continuing to deal with the lingering financial consequences of inflation. For many people in Chicago and throughout Illinois, the rising cost of living is not just an inconvenience; it is a financial Read full article
In 2025, more individuals and families are taking control of their financial Read full article
At Joseph Wrobel, Ltd., we’ve helped countless individuals and families in Chicago navigate Read full article
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 Read full article
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
