Geraci Law is Back in the Loop!

Geraci Law is open and ready to meet you downtown in the Loop. Info from Cook County Health about using public transportation.

Geraci Law is Back in the Loop!

We are open at our headquarters downtown at 55 E Monroe Suite 3400. We require everyone to wash their hands upon entering our offices and staff and clients wear masks.

Get to us safely! Below is a how to travel safely in Chicago courtesy of Cook County Health. We can do same day or next day meetings. We also offer video meetings from the comfort of your own home.

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Dial 1-800-CALL-PFG for a free phone mini-consultation, or make an appointment online 24/7 at www.infotapes.com.  Bankruptcy laws are in place to help you.  Who knows bankruptcy like Geraci Law?  Geraci Law has 25,000 5-star reviews 5starsince November 2016!

Read ALL ABOUT DEBT RELIEF at www.bankruptcybookbypeterfrancisgeraci.com.

Geraci Law Reviews

Real reviews from real clients about their Geraci Law bankruptcy experience.

Geraci Law Reviews

CHKAttorney Ashley Chike

“Honestly, filing Bankruptcy was our last option. We tried to consolidate, shuffle balances, make minimum payments, but we were drowning. We felt shame and embarrassment for even contacting the PFG law firm. After our initial consultation with Ashley, we were at ease and as the process progressed all of those feelings disappeared. Ashley Chike is the combination of understanding, organized, extremely knowledgeable and honest we needed. She is completely upfront with the path we were about to take, what our expectations as clients were, her expectations as an attorney and how to proceed. What sets her apart is, her compassion and understanding she conveyed. We didn’t feel shame, we felt understood. We didn’t feel like another client, we felt like she looked at as people with financial problems that needed help. And the cherry on top is her knowledge, she knows the laws and helped us navigate through it all. We had the utmost confidence in her ability to help us! I can not recommend Ashley Chike enough. Many thanks to Ashley for helping us, we are grateful.”

MEZAttorney Ricardo Gomez

“Vine a esta oficina con el abogado Ricardo Gomez, estoy tan feliz porque habla espa??ol me atendi?? muy bien lo recomiendo es un abogado maravilloso muy amable”

 

 

FCHAttorney Frank Hernandez

“I went to Geraci Law on Berwyn and I have never been more satisfied and relaxed about opening up about my Finances. I worked with Frank who is a very Knowledgeable attorney and was able to assist me in the process of filing Bankruptcy. I was embarrassed but with his expertise and understanding I was confident I was doing the right thing and he reassured me it was in the best interest for my family…. Thanks Frank”

Dial 1-800-CALL-PFG for a free phone mini-consultation, or make an appointment online 24/7 at www.infotapes.com.  Bankruptcy laws are in place to help you.  Who knows bankruptcy like Geraci Law?  Geraci Law has 25,000 5-star reviews 5starsince November 2016!

Read ALL ABOUT DEBT RELIEF at www.bankruptcybookbypeterfrancisgeraci.com.

This Fourth – Be DEBT Free!

Happy Fourth of July from Geraci Law! If you want to be debt free – give us a call to review your options!

This Fourth – Be DEBT Free!

Let this be your year to be free of debt. We’re here for you. If you are thinking about debt or finances over the long weekend – check out our web site. There’s a tremendous amount of information and options.

Want to talk? We’re here at 800 CALL PFG.

Want to meet with an attorney? Schedule ONLINE https://www.infotapes.com/Bankruptcy/OfficeLocator

 

2019 IRS Tax Deadline is 7/15!

An excerpt from Attorney Peter Francis Geraci’s “The Complete Book on Bankruptcy.” Learn more about IRS tax debt and bankruptcy!

2019 IRS Tax Deadline is 7/15!

With COVID-19, many people may have forgotten about the other 19. That’s your 2019 tax returns! The IRS tax filing deadline is just about 2 weeks away. Filing your tax returns on time is important. Did you know sometimes you can eliminate tax debt with a bankruptcy?

Below is an excerpt from Attorney Peter Francis Geraci’s Complete Book on Bankruptcy.It’s too soon for 2019 taxes to be eliminated but if you have older tax debt, call us. We do a FREE consultation to see if bankruptcy could be a solution.

Chapter 33 – Can I Get Rid of Taxes?

Sometimes, if they are income taxes, you filed a truthful return on time, you just owed the tax and could not pay it, and more than 3 years have passed since the return was due (usually April 15 following the tax year), and the taxes have been assessed and more than 240 days have passed…

There are so many different kinds of taxes and the law is so complicated, that the best answer is: sometimes. Bankruptcy is about the only law more powerful than the IRS. Usually, only income taxes can be discharged. Sales or withholding tax cannot.

In order for income taxes to be dischargeable, you must have

  1. filed your return on time, and
  2. the date you filed your return must be more than 3 years ago. (April 15 is due date but can be April 16 or 18 because of weekends some years)

If your return was filed late, you need only wait two years after it was filed to have your income taxes eligible for discharge. If you didn’t file a return, your income taxes are not eligible for discharge.

If your income taxes do not fall under the above time periods, or if you did not file a return, you may be eligible to force a repayment plan on the IRS, if you have sufficient regular income, by proposing a Chapter 13 Debt Repayment Plan. In a Chapter 13, you can pay past due income taxes over as long as 5 years, with no further interest or penalty, in most cases, and the IRS cannot take collection action during the Chapter 13 Plan. Of course, you must pay any future income taxes on time, and you must file any tax returns not previously filed, as a condition of having your Chapter 13 approved.

There are many other kinds of taxes, and special rules apply to all of them. I make no guarantee that any tax is dischargeable, because of the complexity of the rules, and the policy of not making most taxes dischargeable. We list them on the petition, however, notify the IRS and proper governmental entities, and then if the tax is not discharged, it is possible to work out a repayment plan based on your bankruptcy budget which we prepare.

Problem: Donald and Regina filed their 1982 and 1983 returns on time, but didn’t have the money to pay the $4500 tax due on Donald’s part time job, and Regina’s unemployment money. They also owe $9,000 in unsecured credit. Now they are both working full time, but there is an IRS levy taking 80% on Donald’s check.

The Peter Francis Geraci Chapter 7 or 13 Solution: It appears that they can start fresh with no debt by filing a Chapter 7. Or, they can pay their debt over as long as 60 months, and their payment will be about $250 per month, including all costs.

Note: Unpaid income taxes can build up interest and penalties rapidly, so Chapter 13 cases are great for many tax debts.

Trust fund taxes, such as employee withholding amounts that were never paid to the government, are not dischargeable, although they can be paid back in full in a Chapter 13.

Dial 1-800-CALL-PFG for a free phone mini-consultation, or make an appointment online 24/7 at www.infotapes.com.  Bankruptcy laws are in place to help you.  Who knows bankruptcy like Geraci Law?  Geraci Law has 25,000 5-star reviews 5starsince November 2016!

Read ALL ABOUT DEBT RELIEF at www.bankruptcybookbypeterfrancisgeraci.com.

Have a Great Weekend!

Enjoy your weekend. If you want to talk about debt – we’re here for you.

Have a Great Weekend!

If you are thinking about finances this weekend, check out the budget we use. It’s a great idea to know where your money is going. Questions? Need help? We’re here at 800 CALL PFG.

Fill out your budget here

Dial 1-800-CALL-PFG for a free phone mini-consultation, or make an appointment online 24/7 at www.infotapes.com.  Bankruptcy laws are in place to help you.  Who knows bankruptcy like Geraci Law?  Geraci Law has 25,000 5-star reviews 5starsince November 2016!

Read ALL ABOUT DEBT RELIEF at www.bankruptcybookbypeterfrancisgeraci.com.

If Not Now, When?

Make the first step to improve your financial future. Simple as 800 CALL PFG!

Make this year be the year you become debt free. Geraci Law offers FREE consultations – we can meet with you via video at a local office.

If you have more than $5,000 of debt in any or all of these categories, Geraci Law can probably help you:

Lawsuits • Garnishments • Wage Deductions • Foreclosures • Sheriff Sales • Mortgage Behind • Tax Debt • Credit Cards • Medical Debt • Car payment behind • Repossessions • Parking Tickets • Suspended License • Gas or Electric Shutoffs • Bill Collector Calls • Payday Loans • Cash advance problems • Car payment behind • Chicago Parking Tickets

Dial 1-800-CALL-PFG for a free phone mini-consultation, or make an appointment online 24/7 at www.infotapes.com.  Bankruptcy laws are in place to help you.  Who knows bankruptcy like Geraci Law?  Geraci Law has 25,000 5-star reviews 5starsince November 2016!

Read ALL ABOUT DEBT RELIEF at www.bankruptcybookbypeterfrancisgeraci.com.

Don’t Be Embarrassed, Nervous or Afraid

An excerpt from Attorney Peter Francis Geraci’s “The Complete Book on Bankruptcy.”

Don’t Be Embarrassed, Nervous or Afraid

No one talks about money. They talk about everything else, but in America, money is a guilty secret. So the first thing you have to realize is that almost 1 million people a year file bankruptcy. That’s right. It’s real common.

Read more @ https://www.bankruptcybookbypeterfrancisgeraci.com

Dial 1-800-CALL-PFG for a free phone mini-consultation, or make an appointment online 24/7 at www.infotapes.com.  Bankruptcy laws are in place to help you.  Who knows bankruptcy like Geraci Law?  Geraci Law has 25,000 5-star reviews 5starsince November 2016!

Read ALL ABOUT DEBT RELIEF at www.bankruptcybookbypeterfrancisgeraci.com.

When Should I File For Bankruptcy?

Is now the time to file for bankruptcy? Take our free survey, call us if you need debt help!

When Should I File for Bankruptcy?

Take the FREE survey below. To find out if NOW is the time to get out of debt. If more than 3 apply to you, call us at 800 CALL PFG (800.225.5734)!

When Should I File for Bankruptcy?

Dial 1-800-CALL-PFG for a free phone mini-consultation, or make an appointment online 24/7 at www.infotapes.com.  Bankruptcy laws are in place to help you.  Who knows bankruptcy like Geraci Law?  Geraci Law has 25,000 5-star reviews 5starsince November 2016!

Read ALL ABOUT DEBT RELIEF at www.bankruptcybookbypeterfrancisgeraci.com.

Happy Father’s Day from Geraci Law!

Sometimes dads need help too. If you are struggling, if hours were cut and just simply need an assist – Geraci Law is here for you.

Happy Father’s Day from Geraci Law!

Geraci Law sees the sacrifices made by these men to do what is BEST for their families. We see the double shifts, part-time jobs and hard work it takes to support a family.
Geraci Law appreciates all you do!
Here is our Geraci Law Staff celebrating dads:

Dial 1-800-CALL-PFG for a free phone mini-consultation, or make an appointment online 24/7 at www.infotapes.com.  Bankruptcy laws are in place to help you.  Who knows bankruptcy like Geraci Law?  Geraci Law has 25,000 5-star reviews 5starsince November 2016!

Read ALL ABOUT DEBT RELIEF at www.bankruptcybookbypeterfrancisgeraci.com.

Geraci Law Reviews

Real reviews from real clients about their Geraci Law bankruptcy experience.

Geraci Law Reviews

CHK

Attorney Ashley Chike – Geraci Law Schaumburg, IL 

“Very good experience- Ashley Chike is very professional and answered all of our questions and concerns regarding the bankruptcy process. We met over a virtual connection today and the office staff was very helpful and friendly. We feel very comfortable having Geraci handling our bankruptcy and helping us get a fresh start. The monthly payments are reasonable and the process smooth.”

RODAttorney Rodney Geer – Geraci Law Merrillville, IN

“Rodney made me feel really comfortable in a very stressful situation. I would highly recommend his services if you ever find yourself in need.”

 

 

JJBAttorney Joseph Blaha – Geraci Law Racine, WI 

” Great experience working with Attorney Joseph Blaha. Professional and pleasant, did an excellent job for me. I highly recommend him and the Geraci Law firm!”

 

 

Dial 1-800-CALL-PFG for a free phone mini-consultation, or make an appointment online 24/7 at www.infotapes.com.  Bankruptcy laws are in place to help you.  Who knows bankruptcy like Geraci Law?  Geraci Law has 25,000 5-star reviews 5starsince November 2016!

Read ALL ABOUT DEBT RELIEF at www.bankruptcybookbypeterfrancisgeraci.com.