Geraci Law is Here to Help

Geraci Law thanks ALL essential workers for helping everyone. If you need help, Geraci Law is here for you.

Geraci Law is Here to Help

Geraci Law wants to thank all the medical workers, grocery workers, and everyone out there working to support the country during COVID-19. We understand it’s tough and we appreciate everything you are doing.

Despite many people losing jobs, losing hours, the collection efforts do not stop. Collection agencies are still calling although they probably should not be, there are still lawsuits being filed against people who are struggling. That’s where Geraci Law can help. Filing for bankruptcy can STOP the collection actions from the creditors.

Creditor lobby groups fought against a bill proposed in Congress to STOP collection agencies from reporting late or missed payments to the three credit bureaus. The bill did NOT pass. The CARES Act did pass. There are guidelines written out by Consumer Financial Protection Bureau urging banks to work with consumers. Read more at the New York Post here. An excerpt from the letter written by US Chamber of Commerce and other associations that represent banks and creditors said,

As you consider options to protect consumers from harm, please be aware that blanket suppression of all adverse information in credit reports could disrupt consumer access to credit in the future.

Sometimes we all need a little bit of help. As of now, the help is not coming from Congress and help is not guaranteed from your creditors and banks. Geraci Law is here for you. Bankruptcy could be the solution to your problem.

If you are struggling with payments, worried about your job, worried about catching coronavirus and missing work – we’re here for you. Geraci Law IS open and meeting via video. We make debt relief simple because no one needs extra stress right now.

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

Great Geraci Law Reviews

More Geraci Law reviews. There IS a PFG Difference – read what REAL clients say about their experience with Geraci Law attorneys & Staff.

Great Geraci Law Reviews

SJGAttorney Scott Greenwood, Geraci Law Schaumburg Office 

I can’t say enough about how nice and helpful the people are at the Geraci Law Schaumburg office, Scott is absolutely fantastic he was very knowledgeable and full of lots of helpful information… And the paralegal at the front desk is as helpful as she is beautiful.. Can’t thank them enough!!

CHKAttorney Ashley Chike, Geraci Law Dundee Office 

Great vibes, tons of helpful information, definitely took all the head aches away from having to deal with creditors and just not having the money to make ends meet. A few meetings some paper work and we will be debt free. I do feel like they saved my sanity. Our attorney Ashley Chike has been nothing but helpful as well as edger her assistant. Highly recommended Geraci law!!!!

JJBAttorney Joseph Blaha, Geraci Law Racine Office

For such a humbling experience as having to declare bankruptcy, the folks here are easy to talk to and walk you though the process thoroughly. Never at any point did I feel shame or confusion while I was there, and that is everything.

 

LAVAttorney Lavita Ball, Geraci Law Merrillville Office

I had a wonderful time filing bankruptcy (who says that lol). Lavita eased my fears and answered all my questions. They were very patient with me and we laughed the whole time I was there. The process wasn’t as intimidating as I initially thought. These 2 are KEEPERS!! Thanks for making this experience a good one for me. HIGHLY RECOMMENDED!!

Attorney Ricardo Gomez, Geraci Law Southside/Chatham Office

MEZIf you are not sure about where to start your financial journey, look no further! I’ve experienced nothing but good things since I met with Ricardo Gomez of Geraci Law. While this isn’t the most comfortable thing to do, Ricardo will put you at ease. He is very professional knowledgeable, kind, helpful, patient and passionate about what he does. A true asset to this firm. I always have a million questions and he always answers every single one honestly . He always gets back to me in a timely fashion. I’m glad I chose Ricardo and this firm and will highly recommend ! Shout out to his mom for raising a great individual!

Geraci Law Open in Downtown Milwaukee!

Geraci Law is now open in DOWNTOWN Milwaukee – come meet us!

Geraci Law is now open in downtown Milwaukee. We’re in the heart of downtown in the Regis Building. The address is 250 E Wisconsin at the corner of Wisconsin & Broadway.

We’re happy to meet with you on your lunch hour or maybe before or after work. You can call to schedule an appointment at 800.401.4010. Or you can also schedule a meeting online @ https://www.infotapes.com/Bankruptcy/OfficeLocator 

Come Meet Our Experienced Bankruptcy Attorneys!

RLCAttorney Robert Crowley 
Attorney Crowley graduated from Greensboro College in Greensboro, North Carolina in 2004 with a B.A. in History/Political Science.
He graduated from the Marquette University Law School in 2013. Attorney Crowley is admitted to practice in Wisconsin (2013) and in the United States District Court, Eastern District of Wisconsin.
CHKAttorney Ashley Chike 
Attorney Ashley Chike is a senior court and supervising attorney at Geraci Law.
She earned her JD/MBA from Loyola University Chicago and was inducted into Alpha Sigma Nu Honor Society by graduating in the top 10% of her class.
She has personally filed over 800 bankruptcy cases and appeared in court for clients over 7,000 times.
JJBAttorney Joseph Blaha 
Attorney Blaha attended college at the University of Wisconsin, Milwaukee where he earned a Bachelor of Arts degree in Political Science.
He then attended University of St. Thomas School of Law, where he graduated in 2009. Attorney Blaha started at Geraci Law LLC that year.
Attorney Blaha interned for Minneapolis City Attorneys Office Criminal Division during law school, and keeps active with local non-profit organizations.

Geraci Law at Kohler Conference

Geraci Law Wisconsin attorneys attend the Kohler Conference.

Geraci Law Attorneys attended the Kohler Conference in Wisconsin. Attorney Felicia Petroff was asked to be on a panel for the conference for her bankruptcy knowledge.

Attorney Felicia Petroff as a member on the panel.

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Attorney Andrew Golanowski & Attorney Joseph Blaha.

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Attorney Robert Crawley & Attorney Kathryn Mackenzie

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Attorney Lisa Ellmaurer & Attorney Brent Berning

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Attorneys Brent Berning, Kathryn Mackenzie, Abraham Pinon, Robert Crawley, Lisa Ellmaurer & Andrew Golanowski

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Attorney Robert Brynjelsen

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Attorney Brent Berning

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Geraci Law Wisconsin Attorneys

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Attorneys celebrating at the Kohler conference.

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What Happens to My Credit?

Geraci Law answers 5 common questions about credit after filing for bankruptcy. What is “good” credit?

What Happens to My Credit?

Geraci Law answers 5 common questions about credit after filing for bankruptcy. What is “good” credit?

When can I apply for credit?

You can apply for credit after your case is discharged and closed.  But should you apply for credit? You do not want to find yourself in the same position you just discharged in bankruptcy. You are a credit risk immediately after filing for bankruptcy. Creditors KNOW you filed for bankruptcy and after bankruptcy you have limited bankruptcy relief options. These creditors prey on you because you are a credit risk so you WILL get loan offers.

Any credit preapproval you receive will usually come with high interest rates. It may be better to NOT use credit. SAVE money, make house/car payments ON TIME, stay away from the high-interest credit debt and personal loans.

When can I buy a house?

You can apply for a home loan after your case is discharged and closed. Some people are approved while they are IN a bankruptcy. FHA loans might be an option. For a conventional loan, usually its two years after a bankruptcy discharge. Geraci Law is here to help with the process. If you need your bankruptcy paperwork – YEARS down the road, you can log into your Geraci Law Client Corner account to print. You can also search Geraci Law in your app store on your phone to download our Geraci Law app.

What happens to my credit score after filing Chapter 7? Chapter 13?

In your post-bankruptcy life, you should focus on rebuilding financially. Start with a savings account and build an emergency fund. If you have a car payment or mortgage payment, continue to make those payments ON TIME to work to reestablish a payment history.

You will get credit offers in the mail – do your research! Look at the interest rates – if you are going to use the credit, then make sure you pay off what you borrow every month. Do not accept the first offer that comes your way. Review the small print, stay away from the predatory lenders.

When can I buy a car?

After the bankruptcy is discharged and closed you can buy a car. If you are in a Chapter 13 right now, you need court approval if you are looking to FINANCE a vehicle. Craig’s List is a great option to buy a car for cash. You’ll get advertisements from car lots in the mail after bankruptcy – make sure to review the terms. Avoid the high interest, older vehicles without a warranty.

How do I rebuild credit?

  • Pay all of your bills on time! Timely payments prevent late charges and helps you reestablish a payment history.
  • Make sure all of your creditors are reporting to the three major credit agencies (Experian, Transunion, Equifax).
  • Dispute incorrect items on your credit report. Don’t ignore your credit report! All agencies have options to dispute right on their web site, make sure to follow up.
  • Make a large down payment – making a large down payment on any kind of credit make lenders more likely to grant a loan. Your goal should be to put down 20% of the total cost.
  • A small secured credit card is a really great way to build credit with very little risk.

 

  • 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

Worried About Assets? PFG can help!

Do you own a house, car, or another asset you want to keep? Are you worried that Chapter 7 bankruptcy means you won’t get to keep your property? Geraci Law & PFG can help!

Worried About Assets? PFG can help!

Do you own a house, car, or another asset you want to keep? Are you worried that Chapter 7 bankruptcy means you won’t get to keep your property? Geraci Law & PFG can help!

Geraci Law has over 40 years of bankruptcy law experience. We’ve seen it all. Geraci Law can help you eliminate debt and keep your property. We’ll figure out the best plan of action to fit YOUR needs.

Hiding things NEVER works. Tell us and we’ll figure out the best option to receive a discharge. Experience means a lot. Knowing you have the world-class representation of Geraci Law on your side make the process easier.

From Attorney Peter Francis Geraci’s, The Complete Book on Bankruptcy

If your house is worth a lot of money, or even if it is only worth more than your mortgage plus homestead exemption, you may not be able to file a Chapter 7 and still keep the house. You may have to do a Chapter 13 repayment plan to protect your equity in the house. It is necessary to bring in a recent appraisal if you want competent advice from your attorney. You do not need an expensive appraisal. You may already have one if you have recently refinanced the house, or if you recently purchased it. A letter appraisal from a local real estate agent will do.

 

Example: Mr. and Mrs. Robertson have fallen behind in their house payments, because Mr. Robertson was ill for 6 months. They were served with a foreclosure suit, and want to save their house. They have no other bills. Their neighbors, the Smiths, have a lot of bills, but they are current only on their house payment.

The Peter Francis Geraci Chapter 7 or 13 Solution: The Robertson’s can file under Chapter 13 of the Bankruptcy Act to pay the 6 months of arrears, and foreclosure costs, over as long as 36 months. They have to start paying their regular mortgage payments again, but the mortgage company has to stop the foreclosure, and accept regular payments again. The Smiths can file under Chapter 7, and discharge all of their debt, and they can keep their house since it is worth $80,000, and their equity is less than $15,000 allowed as exempt from creditors under Illinois law. Other states have other laws relating to homestead.

Read more of The Complete Book on Bankruptcy @ https://www.bankruptcybookbypeterfrancisgeraci.com/

Reach Financial Goals With Geraci Law

Chapter 7 bankruptcy is a GREAT way to discharge your debt. You can discharge your credit debts, medical bills and remaining balances after repossessions.

Reach Financial Goals With Geraci Law

Chapter 7 bankruptcy is a GREAT way to discharge your debt. You can discharge your credit debts, medical bills and remaining balances after repossessions. It puts you on track to reach your financial goals.

Think about it. You are making your minimum credit payments every month, but then USING the same credit because your cash is gone. Add high interest rates and you are in the middle of a vicious never ending cycle of credit use.

Take how much you are spending in minimum payments every month. Take the credit card monthly minimums and multiple it by 12. This is how much you are paying EVERY YEAR in credit card minimums.

This is money you are giving away to the banks. Invest in YOUR future instead of the banks. At $1,200 in minimum credit payments per month – that’s $14,400 per YEAR you could put toward retirement, down payment on a house, buying a car for cash. It’s an opportunity to create a better situation for you and your family.

Geraci Law is here to help you REACH your goals. Our attorneys and staff make the process hassle-free so you can focus on your 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 25,000 5-star reviews 5starsince November 2016!

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