The Great Recession of 2008 is over. There are a lot of people still feeling the pain of that very tough time, however. And though fewer folks in Illinois are suffering the same level of economic hardship of a few years ago, there are still plenty in difficulty.
The Affordable Care Act is supposed to be setting the country on a course to greater control over medical costs. But just because the law is in place doesn't mean that issues don't continue to exist for people in Illinois or the rest of the country.
Before the financial meltdown in 2008, credit card companies really wanted your business -- and everyone else's business, for that matter. A typical American household received multiple "special offers" on what felt like a daily basis: one for each adult, one for a joint account, one for each child, regardless of the child's age. We know one woman whose dog received an offer for his own Visa account. She filled out the application and mailed it in but never received a response.
There are a number of reasons people find themselves considering bankruptcy. For some, it boils down to unexpected expenses or just poor decision-making. Every situation is difficult, but there is something especially hard when you are on the hook for debt that isn't yours. Identity theft has sent more than a few people into bankruptcy.