Do I Qualify for Bankruptcy?

Check out https://www.kwalifyme.com/ to get answers to questions like:

  • Cost Of Bankruptcy
  •  Cost Of Consolidation
  •  Debt To Income Ratio
  •  Experian “soft pull” report (doesn’t show on credit!)
  •  Experian Credit Score
  •  KBB Vehicle Value
Get your free online:
  •  Median Income Score
  •  Creditor Analysis
  •  Bankruptcy Bar Calculator
  •  Lawsuit Finder
  •  Debt Consolidation Score

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 30,000 5-star reviews 5starsince November 2016!

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

Student Loan Debt

Read the article @ https://www.infotapes.com/articles/news/90/student-loan-forgiveness-for-the-permanently-disabled/

Student Loan Discharges for Disability – Fill out online https://disabilitydischarge.com/

You can show that you qualify for a TPD discharge by providing documentation from one of three sources:

  1. the U.S. Department of Veterans Affairs (VA)
  2. the Social Security Administration (SSA)
  3. a physician “unfit for any gainful employment’ like a catastrophic Worker’s Compensation or accident

For SSA (Social Security Disability) discharge and you have not received a notice their debts are dischargeable by the government, you can apply for the discharge by showing you are eligible for Social Security Disability Insurance or Supplemental Security Income. You can qualify for a TPD discharge by providing a copy of their SSA notice of award or Benefits Planning Query showing that the next scheduled disability review will be five to seven years or more from the date of your last SSA disability determination.

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 30,000 5-star reviews 5starsince November 2016!

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

Nice People Doing Nice Things for Nice People

One of the common sayings at Geraci Law is “nice people doing nice things for nice people.” Geraci Law staff takes this very seriously. No one wants to file for bankruptcy but sometimes life circumstance causes more debt and an inability to pay.

One of the common sayings at Geraci Law is “nice people doing nice things for nice people.” Geraci Law staff takes this very seriously. No one wants to file for bankruptcy but sometimes life circumstance causes more debt and an inability to pay. See what Geraci Law clients say.

I worked with attorney Ricardo Gomez on my case. I never felt so heard, understood, and reassured before in regards to getting my financial life back on track. I was drowning in calls from debt collectors and constantly being pressured by them. When I first spoke with Rick, he took enough time to listen to my situation, let me know exactly what it is I should expect, and what I needed to do on my end to make sure things ran smoothly when filing. I am so grateful for his mother for raising an amazing son who goes above and beyond for his career. He is very down to earth and provided his own personal experiences to relate to me. Thank you Rick for helping me breathe again & see a light at the end of the tunnel! Keep up the fantastic work!

Geraci Law Chicago Client for Attorney Ricardo Gomez

I was shame and embarrassed to even call and start this process over again, I have worked with this office before but it’s been a while since I’ve been here, so I didn’t know what to expect when I called or who I would be working with as my lawyer. Well let just say that this young man was the most amazing individual that I have had the pleasure of working with in a long time. He made the experience of me coming back to this office such a pleasure, he is very very knowledgeable and very great at would he do he also shared with me a lot of history on bankruptcy so I would like to thank Mr Geraci himself for working with Joseph and showing him the true meaning of not only bankruptcy but also compassion for others and working to help people like myself have so type of relief and less stress. Covid hit my home hard I missed a lot of work and was pushed into a corner. When I left there today the only thing I was saying was thank god for these people and Joseph. I will get a good nights sleep! Thank you Joseph and god bless

Geraci Law Racine, Wisconsin client for Attorney Joseph Blaha

So when I finally decided to stop hiding behind my credit. I decided to do something about it .. I searched the Internet for a bankruptcy lawyer .. I made a few calls to the firms around the area.. but luck .. so I seen your website and decided to make the call and I’m so happy that I did .. you all have made it very easy and painless .. I now have a step in the right direction and I’m feeling good about it .. so thank you, you all for the hard work .. it’s much appreciated.. thank you

Geraci Law Schaumburg, Illinois client for Attorney Mark Levine

I have had a few issues along the way but Bridgett was always there and was willing to help me work through them and she worked with me she never judged me

I always felt like she actually cared my bankruptcy is ending as I’ve made the last payment and she’s been there to help me through all of that because that was the issue itself with wrong information as to how much I actually old but that’s all been straightened out the right people I got a hold of them it’s all taken care of and my bankruptcy is finish it which is great she does she’s very professional I would work with her anytime I recommend her to anyone she’s great she knows what she’s doing is she she answers you and she takes care of your problems so she will get a solution to it one way or the other she is a great asset to dresses thank you so much

Geraci Law Indianapolis, Indiana client for Attorney Bridget Spears

I HIGHLY recommend this firm. My case was not clear cut and had aspects that confused me. Right from the beginning Joseph explained everything to me and took a great deal of time to answer and explain any of my concerns with understandable options, kindness and caring. I felt I could definitely trust this firm to advise me on whether or not to pursue bankruptcy vs other options. I NEVER felt they were out for my money (fees). Abraham took over and made sure I TOTALLY understood every step I needed to take including how to prepare for the court date and encouraged me to MAKE SURE I did the needed creditor courses in time. He also explained ALL my options—bankruptcy or NOT—and what the potential pitfalls/ benefits were for each option.

WOW…I never felt rushed. I always felt I was the most important person and felt safe with their knowledge and dedication to making sure I understood everything. They did not rush me to hire them. They allowed me to ask questions and to think before hiring them.
After I hired them the firm’s staff helped me with any concerns and updates. Lisa was an amazing comfort whenever I needed help with something that confused me. The staff always responds very quickly. Once this firm was hired I felt they were attentive and totally on top of everything.

My case was resolved quickly with a positive outcome. I am so grateful for their help and send thanks to them all. This was a difficult decision to make but their expertise and care made this feel like a team effort. Thank you Abe, Joe, Lisa and Geraci Law staff!

Geraci Law Milwaukee, Wisconsin client for Geraci Law Wisconsin Staff

Credit Unions & Bankruptcy

Read the article from Attorney Peter Francis Geraci about Credit Unions and the difference in bankruptcy. This is why hiring an experienced attorney – matters. If you would like a free consultation, Geraci Law is here for you.

Credit Unions are Different than Banks in Bankruptcy

If you owe money to a credit union, they usually have a clause in their borrowing contract that any collateral you have given them, such as the car title, or a second mortgage on your house, is collateral for any other loans such as personal loans. It is what’s known as a cross-collateralization clause.

What is Cross-Collateralization?

Let’s say that you made a credit union loan for $3,000 and it was a personal loan and you had no collateral. Then you financed a car using a credit union loan, and you have $25,000 on that loan.

Look at your credit union papers when you made that vehicle loan. You don’t owe $25,000 on that loan; you owe $28,000, because there is a clause in small print that says any loan you have with them, is collateralized by the vehicle.

The Debt Can Stay If You Cross-Collateralize

Let’s say that you have a second mortgage with your credit union, and you take out a car loan, but then the car is wrecked and the insurance would only pay $15,000 but you owe $20,000. So the insurance pays the credit union $15,000 but you still owe $5,000. Since the car is destroyed, it is no longer collateral for the car loan, but since there is a cross-collateralization clause, you will pay $5,000 if it is secured by the second mortgage on your house. Even if you pay off the second mortgage, you have to pay off that $5,000 on the car loan, plus interest until you pay it off.

Do Credit Unions Debt Shame You?

Credit unions claim that they keep their interest rates are low because they have less losses than other lenders. One way they have less losses is by scaring you, and posting the names of anyone who causes them a loss, by not paying back 100% of what they owe, either on the credit union website or on a bulletin board at the credit union, or both. That is called “credit shaming.” It is pretty nasty, but it’s a fact of life with credit unions.

What if Your Credit Union Vehicle is Over-Financed?

So, under Chapter 7, if you have a vehicle and you want to keep it, and it’s financed by a credit union, they will want the vehicle back unless you sign up on the vehicle loan and any other loans you have with them. Under Chapter 13, they are a secured creditor on cross-collateralized loans.

Complications from Credit Union Debts

So, the most common case involving credit unions is that if you want to keep the vehicle financed by them, or you have a second mortgage financed with them, no other loans, it’s pretty routine: In Chapter 7 you reaffirm, in Chapter 13 simply pay them according to the contract terms.

The complication comes in where you have multiple loans with them and that’s something we can discuss with you, but please, go get a copy of each credit union loan so we can read the paperwork and see if there is a cross-collateralization clause. You can also stop by the credit union, and ask them for a copy of the papers and ask them if the loans are crossed with each other. Then you’ll know and can make an intelligent decision. Geraci law can help you make that decision.

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 30,000 5-star reviews 5starsince November 2016!

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

Geraci Law Orlando, Florida

Geraci Law opened a new location in Orlando, Florida. We’re located at 111 N Orange Avenue in Suite 854. We are happy to meet you and review your options to help with debt!

You can schedule a time online at https://www.infotapes.com/Bankruptcy/OfficeLocator or call us to talk. Geraci Law also offers virtual meetings from the comfort of your home.

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 30,000 5-star reviews 5starsince November 2016!

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

Geraci Law Attorneys in Texas!

Geraci Law is ready to help YOU in Texas. Attorney Jason Nielsen and Attorney Cecil Scruggs are sworn into Texas. It’s the same AMAZING Geraci Law service in the heart of Texas.

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 30,000 5-star reviews 5starsince November 2016!

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

Happy St. Patrick’s Day!

Bad luck with debt? Need a fresh start? Geraci Law is here for you.

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 30,000 5-star reviews 5starsince November 2016!

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

Hiring Random General Practice Attorney for Bankruptcy Leads to Disaster

Geraci Law concentrates in Bankruptcy: why pay the SAME and not get the NAME

Read the following article written by Attorney Peter Francis Geraci and MORE @ https://www.infotapes.com/Articles

A homeowner hired a local attorney in Algonquin Illinois whose main business is income tax preparation. That attorney failed to avoid a judgment lien attached to the residence. That was in 2015, 7 years ago. After the discharge was entered, the lien remained, and the homeowner discovered it 4 years later, and complained to the lawyer, who filed at least 4 motions to reopen the case that failed. The poor homeowner then hired another attorney to clean up the mess, who also failed.

Here’s what the court had to say about the first attorney: While the court does not do so for every attorney appearing before it, as Maksymonko was unfamiliar to the court and given his repeated errors, prior to the Initial Hearing, the court sua sponte sought to confirm Maksymonko’s status as an attorney authorized to practice before it. It is worth noting here that this court has no bar qualifications or admission process. Attorneys practicing before it must only be members in good standing of the bar of the United States District Court for the Northern District of Illinois. What the court discovered was concerning—that Maksymonko was not a member in good standing of the District Court bar. Apparently Maksymonko was suspended from practice by the State of Illinois on January 23, 2003. As a result, he was reciprocally suspended by the District Court. https://www.ilnb.uscourts.gov/sites/default/files/opinions/BruceK.Probst15bk12654JudicialLienAvoidanceUnder522f60.pdf

Another attorney then appeared and failed. The lien of $92,054.53 is still stuck on the debtor’s residence. All because the homeowner went to an “unknown attorney” who was suspended. You can read the whole sad story in Judge Barnes’ opinion. Geraci Law would have simply filed, and won, a motion to avoid the lien, for most likely $92,000 less than what the homeowner is going to have to pay. Those attorneys who “dabble” in bankruptcy law may sometimes cause big trouble for their clients. In this case, the cost of a “cheap lawyer” was over $92,000.00.

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 30,000 5-star reviews 5starsince November 2016!

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

Beverages & Budgeting

It may be time to rethink your plan. Use Geraci Law budget as a guide. If you are worried about the amount you are paying toward debt – Geraci Law is here for you.

Inflation is causing everyone to relook at the budget. Where to start? Where to begin? You can only eliminate cable once so where is there give? Look at your monthly expenses, write them down. Are the payments you worked out to “settle” or “consolidate” MORE than you are spending on food, utilities? Has the agency you hired settled anything? Are you being sued despite being enrolled in this program?

It may be time to rethink your plan. Use Geraci Law budget as a guide. If you are worried about the amount you are paying toward debt – Geraci Law is here for you. We’re happy to review your budget and options to see if there’s a BETTER solution.

Fillable PDF @ https://www.infotapes.com/Content/Forms/ExpenseFormFillable.pdf

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 30,000 5-star reviews 5starsince November 2016!

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

What Bankruptcy Can Do!

No one wakes up in the morning and says, “I want to file for bankruptcy!” It does not work that way. Life happens and more often than not you are in more debt with less income. Sometimes it’s as simple as bad luck – you get into a car accident 2 days after your insurance lapses, you start a new job and are in the hospital before health insurance kicks in. There’s divorce, life circumstance – things happen.

Thankfully, we have bankruptcy as an option to deal with the debt. Filing for bankruptcy can be the fresh start and breath of fresh air you are looking for. So what can it do for you?

  • Gets rid of as many bills as possible
  • Does not affect car payments if you keep the car and continue payments
  • STOPS all calls and letters from bill collectors.
  • STOPS interest on charge cards.
  • CLEARS credit report except for bankruptcy listing.
  • Allows you to INCREASE your credit score.
  • Helps you catch up on house and car payments.
  • Lowers interest on furniture and appliance payments.
  • Allows you to start a savings plan immediately.
  • STOPS garnishments and wage assignments.
  • NEVER pay another old debt again.
  • Clear up past due utility bills–only a deposit needed to restart service.
  • All negative credit reports before bankruptcy are cleared.
  • Accounts you have reaffirmed or paid are credit references in the future.

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 30,000 5-star reviews 5starsince November 2016!

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

%d bloggers like this: