Bankruptcies of the Rich and the Famous

Bankruptcy seems all the rage today. 

Just look at the news coverage of NFL star Warren Sapp's bankruptcy filing. Bankruptcy seems to be everywhere in the news this week.

This week, we learned about Newt Gingrich's consulting firm is filing for bankruptcy, you can read about it in the bankrupt Chicago Tribune.

But few of these stories ever seem to capture the average American's struggle with debt. You never see a story about a Rockford factory worker who has been laid off for over a year, and is struggling to make his unemployment check cover his rent and utilities. Why don't we here about the Illinois teachers who were just laid off.  How  many of them will not be able to find work for months because of the "sluggish" recovery? What are they going to do when their debts keep piling up? 

It can be difficult when creditors are calling every single day, leaving harassing messages for you and your loved ones to hear. It may seem impossible, but there is help. If you or someone you care about is struggling with debt, we would like to help you. We can discuss your case for free, and you can get a real sense of how to get a handle on your debt. We are not concerned with the stories of big celebrities, or multi-billion dollar corporations. We want to hear your story. 

At THE CROSBY LAW FIRM, we provide legal services to clients in Rockford, Illinois, as well as the cities of Loves Park, Machesney Park, Cherry Valley, Winnebago, South Beloit, Belvidere, Marengo, Oregon, Byron, Stillman Valley, Freeport, Rockton, Roscoe, Beloit and Janesville in the Illinois counties of Winnebago County, Boone County, Ogle County, Stephenson County and DeKalb County; and in the Wisconsin County of Rock, which includes the cities of Beloit, Janesville.