While Target Leaves Chatham, Geraci Law, Bankruptcy and Injury Attorneys, Stay at 8658 S. Cottage Grove, Chicago.

Geraci Law is the only law firm in Chicago with offices in neighborhoods abandoned by major retailers and law firms.  Geraci Law serves Chicago’s south side communities with first-class legal services from local offices in

Chatham at 8658 S. Cottage Grove,

Geraci Law Roseland at 115th and Halsted, and \

Geraci Law Washington Park in the Harold Washington Office Center at 51st and Wentworth.  

Target is leaving their 126,000 square-foot store at 8650 South Cottage Grove Avenue in Chicago because its “not profitable”.  While Target and other stores are leaving Cottage Grove and the surrounding South suburbs, Geraci Law is staying.  The firm’s founder Peter Francis Geraci believes in serving local communities while most lawyers have fled to downtown and the suburbs.

Geraci Law has 26 city and suburban locations, with Chicagoland offices on 22nd St., 51st street, 63rd  street, 87th  street, 95th street, 115th street, 159th street, and 171st street, as well as North and Harlem, Cicero and Irving, and 234 N. Ashland.

Geraci Law is the ONLY firm with 26 offices in Chicago and the surrounding suburbs, nearly 20,000 5 star reviews, Client Corner, and Geraci Law is the ONLY firm with the mission to Change your life for the better.  Remember, when you need to be debt free, 1-800-CALL-PFG.

Geraci Law is a debt relief agency helping you file for chapter 7 or 13 bankruptcy relief.  

Geraci Law adds New Monument Sign in Evergreen Park, Illinois

The newest Geraci Law office in Evergreen Park, Illinois, has a big addition.  The twenty-foot tall sign-post carries an eight-foot by eight-foot monument sign with an LED display.  The new LED display is two-feet by eight-feet and can display both video and images.  The new sign will make it easier for Geraci Law clients to find the new office location since Geraci Law recently moved.

180911 SOU Sign

“THE NEW GERACI LAW OFFICE HAS 3 ATTORNEY OFFICES AND A LARGE WAITING ROOM AND RECEPTION AREA.  THE OFFICE HAS A LARGER (FENCED IN) PARKING LOT WITH.”

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The new Geraci Law Office Location in Evergreen Park IL replaces the old Geraci Law office at 3640 West 95th Street to a larger office at 3560 West 95th Street approximately a month ago.  The new Geraci law office has 3 attorney offices and a large waiting room and reception area.  The office has a larger (fenced in) parking lot with.  You can access the parking lot by driving around to the back of the building.  The office is located west of Kedzie on 95th street and across the street from pearl vision.

IRS warns about a new tax refund scam

IRS said it has already received a number of fake tax returns that had accurate taxpayer names, addresses, Social Security numbers and even bank account information for the victims.

In an unusual twist,  bogus refunds were directed to the real taxpayers’ bank accounts. A criminal, posing as a debt collector, then contacted the taxpayers saying the refunds had been sent in error and the victims should forward the money to the crook.

Because these fake returns contained all of the taxpayer’s correct information, down to the right number of dependents, the IRS believes the scam started in tax-preparation offices. The agency assumes that the data was compromised because some preparers were taken in by phishing scams that then loaded malicious software onto their computer systems, making all the taxpayer information that was kept by these preparers vulnerable to theft.

Debt Settlement Scams Revealed

In a recent article, published by Nerd Wallet, “Debt settlement a bad alternative to bankruptcy” Liz Weston shares debt settlement horror stories.  Some of the problems with debt settlement are caused when the debt settlement company doesn’t reveal the full effects of failing to pay a bill or when a debt is discharged without the benefits of Federal laws.  For example, Liz Welton indicated consumers didn’t understand the below consequences of debt settlement:

  • One woman didn’t realize she would face a tax bill on the forgiven debt.
  • A man opted against bankruptcy in part because he erroneously thought he would lose personal possessions.
  • Another woman was shocked at how far her credit scores tumbled and how much interest she was charged when she applied for a car loan.”

Liz also clears up a common misconception about bankruptcy versus debt settlement.  Although debt settlement companies claim bankruptcy is harder on your credit score than settlement, the truth appears to be the opposite.

While a consumer can start rebuilding their credit months after the bankruptcy petition is filed, debt settlement can take years.  When a consumer enters into a debt settlement agreement, they aren’t paying their creditors and often a consumers credit score drops into the 500’s.  With delays in reaching a settlement and eliminating the debt, debt negotiation can keep your credit in the 500’s for years.

Make sure you research your options.  Meeting with Peter Francis Geraci Law Bankruptcy and Injury attorney is free.  We will layout all your options and work with you to help you get debt free.

Peter Francis Geraci Settles Pro Bono Case with Cook County

PFGlogorGeraci Law founder, Peter Francis Geraci, recently settled a civil rights case v. Cook County over jail conditions.  Mr. Geraci handled the matter pro bono on appointment by U.S. District Court Chief Judge Ruben Castillo.  Members of the trial bar of the District Court receive rotating appointments to represent pro se litigants.

Jenner and Block also represented the same plaintiff in several other cases and contributed to obtaining a global settlement of the plaintiff’s claims for abusive conditions and medical treatment at the Cook County jail.

Geraci Law regularly contributes time and resources to representing indigent litigations.  The firm contributes hundreds of unpaid hours a year in this regard.

 

Geraci, Arreola & Hernandez, L.L.C. are members of the Exclusive ISBA Mutual Club

 

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Geraci, Arreola & Hernandez, L.L.C. became members of the exclusive ISBA Mutual Club on June 1, 2017.  The ISBA Mutual Club provides quality legal service to low-income individuals who would otherwise not have access to certain types of legal aid.  The Illinois Bar Foundation helps thousands of individuals each year and will distribute approximately $750,000 in funding.  Geraci, Arreola and Hernandez’s contribution will support the Warren Lupel Lawyers Care Fund, which helps attorneys and their families.

Attorney Peter Francis Geraci is an advocate for providing legal assistance to individuals with low income.  Peter Francis Geraci’s firm, Geraci Law L.L.C., files pro bono cases for individuals who demonstrate a need for assistance, but are struggling financially.  In addition, Peter Francis Geraci is on a list of attorneys who accept pro bono cases in Illinois.

You can learn more about the Illinois Bar Foundation at their website, https://www.illinoisbarfoundation.org/.

Geraci Law L.L.C. Helps Client Discharge Student Loans

Geraci Law L.L.C. successfully discharged $23,306.90 in student loan debt.  Geraci Law filed a case against the lenders in Federal Court in October of 2016.  Geraci’ Law’s complaint alleged their client, an elderly woman, made a good-faith effort to repay the loan; making all of her arranged payment starting in March of 2016.  However, Geraci Law asserted their client’s student loan debt posed an undue hardship.

Student loans are usually not dischargeable and most people will be required to continue paying on them even after a bankruptcy.  One of the ways to get rid of student loans is to prove the loan poses and undue hardship to the debtor.  When determining if repaying student loans poses an undue hardship, the court adopted the “Brunner Test.”  The “Brunner Test” is a three-prong test to determine whether student loan debt can be discharged.  For student loans to cause an undue hardship you must prove:

  1. That the debtor cannot maintain, based on her current income and expenses, a “minimal” standard of living for herself and her dependents if forced to repay the loans;
  2. That additional circumstances exist indicating that this state of affairs is likely to persist for a significant portion of the repayment period of the loans, and
  3. That the debtor made good-faith efforts to repay the loans. Krieger, citing Brunner v. New York State Higher Educ. Servcs., 831 F.2d 395 (2nd Cir. 1987).

 

Geraci Law alleged our client met each prong of the test and as a result, her student loans should be discharged.  After months of work on the case, Geraci Law attorneys and the defense agreed to have the student loans discharged and the case came to an end.

Thanks to the terrific work by the Geraci Law L.L.C. trial team, our client has successfully discharged more than $20,000 in student loan debt.