Bankruptcy Attorney Melrose Park, IL
Victory Law Office
Are you worried about losing your home, vehicles, or property? Are you late on a mortgage or car payment? Can’t you afford to make payments on your credit cards or medical bills? At Victory Law, our Bankruptcy Attorneys are here to help you through your financial distress and get you a fresh start! Upon filing for bankruptcy, the automatic stay goes into effect which obligates all of your creditors to immediately halt all collection activities, foreclosure, and vehicle repossession.
Filing bankruptcy on your own is complex and risky. There are different options for filing bankruptcy, therefore working with an experienced bankruptcy attorney is of utmost importance to protect your interests and whatever assets you may have. During your free initial consultation, one of our Bankruptcy attorneys will thoroughly analyze your current financial situation and provide you with the best available options!
Facts About Melrose Park
Melrose Park evolved into an industrial suburb. Stagnating after 1900, it boomed after World War I. A number of manufacturers established or greatly expanded operations. These included National Malleable and Steel Castings, the American Brake Shoe and Foundry Company, and the Edward Hines Lumber Company. At first, like other industrial suburbs, Melrose Park functioned almost as a self-contained entity. One of the larger companies in the early 1920s was Richardson’s, manufacturers of asphalt shingles, roll roofing, and composition battery casing. In the mid-1920s three-quarters of its workforce of more than 500 lived within the village. During the 1920s the local demand for homes supported the activities of many small builders and at least one large one. In 1925 the Sol Bloch Real Estate Improvement Company was building more than a hundred homes in Melrose Park and adjacent suburbs. It sold some for as little as $500 down, with the balance to be paid over a period of 7 to 12 years, while more substantial brick bungalows cost $8,500.
The opening of the huge Proviso freight yards in 1926 reinforced the character of Melrose Park as an industrial, working-class suburb. By 1940 the town offered 38 jobs for every 100 residents (including children), two-thirds of which were in manufacturing. These were higher ratios than for more diversified suburbs such as Blue Island, but lower than for industrial suburbs and satellites such as Cicero and Chicago Heights. Wartime growth sparked more of the same sort of development, notably through the construction of a Buick airplane motor plant along the Indiana Harbor Belt Railroad. Other businesses in Melrose Park after World War II included Zenith (which closed its factory in 1998), Alberto-Culver, a Ford automobile parts facility, and the headquarters of Jewel Food Stores. Melrose Park is also the site of the region’s oldest amusement park, Kiddieland, founded in 1929.
The ethnic composition of Melrose Park has included many Italians, with smaller numbers of German, Irish, and Polish residents. Since 1894 the Feast of Our Lady of Mt. Carmel has been an annual Italian American celebration.
During the late 1990s, in an effort to attract more commerce, the village underwent major cosmetic improvements, beginning with the redesigning of all village street signs. The wooded area on both sides of Silver Creek, between Broadway and 17th Avenue along North Avenue, was almost completely excavated, the grass replaced, and wood chips were added along the bases of the remaining trees. Many busy streets were repaved and the athletic field next to the village hall was completely redone. This has helped not only to attract new businesses, but also many first-time home buyers.