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.

Chicago’s Fresh Start Program

City of Chicago’s Fresh Start Program for parking tickets and driver license suspensions. Let Geraci Law help you apply and get a fresh start from your other credit debt!

Chicago’s Fresh Start Program

Geraci Law uses the phrase FRESH START for people who file for bankruptcy.  Geraci Law offers you the ability to start again with both a Chapter 7 and Chapter 13. You are debt-free with the opportunity to reestablish your credit.

The City of Chicago borrowed the phrase Fresh Start for a new parking ticket program. In the city of Chicago, unpaid parking ticket balances can double and snowball to HUGE balances. A driver’s license can be suspended or a car can be booted if unpaid tickets are ignored. Previously, the ONLY bankruptcy option was filing a Chapter 13 repayment plan for the debt.

Chapter 13 bankruptcy plans consolidate the balance of parking tickets into an affordable repayment. With the Fresh Start program, parking ticket balances can be written off. So instead of a three to five year repayment, you can file a Chapter 7 to eliminate OTHER debt like credit cards and medical. When your case is discharged, you apply for the Fresh Start Program.

Geraci Law will handle ALL of this for you. When accepted into the program, the City of Chicago will respond with a proposed plan.

–       ANY tickets over 3 years old will be written off by the City of Chicago. So you will NOT owe them.

–       ANY tickets incurred within the last 3 years, will be put into a payment plan without the need of a large down payment.

If you have parking tickets, Geraci Law CAN help! Calling our experienced staff can determine if a Chapter 7 or Chapter 13 is a viable option to STOP a driver’s license suspension.

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 Client Reviews

Sample of Geraci Law reviews written by ACTUAL clients. Call Geraci Law for the PFG Difference at 800.401.4010.

Geraci Law Client Reviews

Below is a sample of Geraci Law’s over 28,000 reviews written by REAL clients. Check out more client reviews at https://www.infotapes.com/GeraciReviews.

Attorney Rodney Geer, Geraci Law Merrillville 

“I hope this review goes to, or is forwarded to, Peter Geraci himself. A BIG HIGH 5 to Rodney Geer in your Merrillville, Indiana office! A real professional! Rodney took extra time to answer all of my questions, and address all of my concerns. My situation was quite bleak, and he could see that I was stressed. He arranged all of the accommodations to personally suit my individual needs. This put me at ease, and that was very important to me. Facing bankruptcy is certainly one of the most devastating situations one can face. I am thankful this will soon be behind me, and I praise Mr. Geer for his professional handling of my case. Again, 5 STARS all day long. And Griselda Estrada is a gem of an assistant. They make a GREAT TEAM!”

Attorney Jason Nielsen, Geraci Law Rockford 

“This was hands down one of the most terrifying and humbling things I’ve ever had to do. However, the discretion in which the office uses and the ease given by how hard Jason worked to make sure everything I needed was taken care of is priceless. I was treated with kindness and compassion despite my million questions and anxieties. I liked that there was no one there when I went because I was embarrassed to have gotten to this point in the first place. The quiet of the office helped me feel like they were devoting their time to help me entirely in a moment when I needed it most. This process has been easy and painless for me thanks to Jason. I would recommend anyone struggling and looking for answers to just schedule an appointment to see them so you, too, can find some relief and peace of mind. They definitely did that for my family and me.”

Attorney Ashley Chike, Geraci Law Evergreen Park/Chicago

“The staff are ALL so friendly helpful and helped me through my very trying time of need. I don’t know what I would have done without them! They explained and went over everything step by step and was very detailed about my chapter 13. They made me feel like a person and not just another case. They took my stress level from 10-0 really quick!! What are you waiting for?!? Call them now!! Let them help you too!”

Attorney Marc Affolter, Geraci Law Gurnee 

“Working with Mr. Affolter at Geraci Law in Gurnee was a great experience for me, he helped me understand what I needed to get done and communicate with me as sound as possible whenever I had a question or needed something changed. I would recommend anyone to him because he will work with you and give you his honest advice and the course of action you need to take when filing.”

Break the CYCLE of DEBT!

Let Geraci Law help you break the “CYCLE OF DEBT!”

Break the CYCLE of DEBT!

The “CYCLE OF DEBT” is overwhelming and burdensome. You get into a vicious circle of PAYING your minimum payments but then are forced to use credit for essentials like groceries, gas and others.

You continue to pay and then spend and then pay and then spend. Once you add in interest, a small bill turns into a very large snowball. Geraci Law can help you STOP the cycle! We can help credit counsel and create a budget for you after filing for bankruptcy. Sometimes it’s a simple as saying, “I need help.”

Not sure? Don’t know how much credit costs when you are only making minimum payments? Take a look at your credit card statement. You should see something like below.

CC Bill

In the example above, by making ONLY the minimum payments, it will take 15 years to pay off the debt! Look at the number next to the time, the $3,666.42 balance increases to $9,693. It’s nearly THREE TIMES the amount borrowed.

Filing for bankruptcy STOPS the cycle. You eliminate your debt and put yourself on better financial footing. Instead of using credit cards, you can use the cash you are spending on minimums. Instead of paying nearly $6,000 in interest, you could SAVE money.

You should never budget or financially plan based on the hope things will get better in the future. Break the cycle and consider bankruptcy. Geraci Law is here to help YOU deal with the present. We’re here to figure out a solution to your debt problem and assist you in getting back on track financially.

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

What Can a Chapter 13 Do For Me?

Worried about your driver’s license? Is the repo man knocking on your door? Have you been served with a foreclosure summons? Geraci Law is here to help solve your problem with a Chapter 13 bankruptcy. 

What Can a Chapter 13 Do For Me?

Worried about your driver’s license? Is the repo man knocking on your door? Have you been served with a foreclosure summons? Geraci Law is here to help solve your problem with a Chapter 13 bankruptcy.

Chapter 13 bankruptcies are debt repayment plans. You are consolidating debt to fit YOUR budget. A Chapter 13 bankruptcy can:

  • STOP foreclosure
  • STOP vehicle/property repossession
  • STOP wage garnishments
  • LIFT driver’s license suspensions for parking tickets, red light tickets

The payment plan is based on your debt, income and assets. We can create a plan to get you back on track. If life happens and something changes DURING your Chapter 13 plan, our team is here to figure out a solution.

Some attorneys file the case and then disappear. You talk to voice mail instead of a live person. At Geraci Law, we are available to figure out a solution. Our staff is available to YOU.

The best part? A Chapter 13 bankruptcy is the EXACT same fee no matter what law firm you hire. You pay the same price if you hire an attorney who has NEVER filed a bankruptcy petition or a Geraci Law team of attorneys with over 40 years of bankruptcy experience.

Wait, it does get better. If you are working full-time with a steady source of income, you could qualify for no-money down. You get the FAST relief without the worry of coming up with a lump sum of attorney fees. We can do your case in a day. Call Geraci Law – we’re ready to solve your problem.

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.

5 Chapter 13 Bankruptcy Myths

Geraci Law debunks 5 Chapter 13 bankruptcy myths.

5 Chapter 13 Bankruptcy Myths

  • MYTH I will never be able to buy a house.
  • FACT  For an FHA loan, you can purchase a home WHILE in a Chapter 13 as long as you made payments on time for 1 year and the loan is approved by the bankruptcy court. For a conventional loan generally it’s 2 years after Chapter 13 discharge.

 

  • MYTH I can’t buy a car while I’m in a Chapter 13.
  • FACT Not true. You can finance a car WHILE in a Chapter 13 with court approval. But you are better off going on Craig’s List and finding a cheap car and having no car payment.  Geraci Law works with our clients to figure out the best option to fit their budget. Sometimes it’s better to buy a car for cash, sometimes it’s better to lease – it depends on an individual situation. That is why Geraci Law should be the firm you file with.

 

  • MYTH A Chapter 7 is better – why would I pay my debt?
  • FACT It depends on your situation. You can still ELIMINATE debt with a Chapter 13. If you are paying less than 100% of what you owe, a bankruptcy discharge will eliminate what is NOT paid. If the court approves you to pay back 10% of your unsecured debt (credit cards and medical for example), once the case is discharged you will eliminate the other 90%! It gets better. A Chapter 13 can eliminate some debts that a Chapter 7 cannot. EVEN without paying it in full.

 

  • MYTH I will lose my tax refund.
  • FACT It depends on your situation. Are you over withholding? Are your refunds mostly credits? Geraci Law works to find a solution to your problem. Our team of attorneys review your taxes and work to PROTECT what you need.

 

  • MYTH What happens if I lose my job? Am I just out the money I paid in the bankruptcy?
  • FACT This is why you hire Geraci Law. If you lose your job, you call Geraci Law and we’ll figure out a better solution. Maybe converting to a Chapter 7 is a better option. Maybe modifying your payment plan with your new income and expenses is another option. Geraci Law’s team of attorneys is here to represent 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 25,000 5-star reviews 5starsince November 2016!

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

What Do You Do Before You Sue?

Notice & Cure Provisions in Home Mortgages – instructions on what to do before you file a suit against your lender.

Notice and Cure Provisions in Home Mortgages – What do you do before you sue?

By Attorney Peter Francis Geraci, J.D.

It depends. Individuals may consider bringing claims against their mortgage lenders under federal statutes such as the Truth in Lending Act, or the Fair Debt Collection Practices Act, and state statutes such as the Illinois Consumer Fraud and Deceptive Business Practices Act.

But, before you sue, what do you do? Read the mortgage! Many have provisions that have to be followed, or your lawsuit will be dismissed. Examples are “notice and cure”, and “mandatory arbitration”.

In Wortman v. Rushmore Loan Mgmt. Servs. LLC, No 19C2860,(N.D.Ill. Oct 16, 2019) plaintiff’s case against their mortgage service for sending them collection notices after bankruptcy discharge was dismissed. Why? Their personal obligation on the mortgage was discharged in Chapter 13, but only the personal obligation to pay the debt, not their obligation to comply with the terms of the mortgage.

In other words, a mortgage does not disappear because of a bankruptcy discharge. A mortgage servicer can send letters about filing a foreclosure suit to take the property back, and file a foreclosure suit.  All that a bankruptcy discharge does is eliminate the obligation of the discharged debtor to pay anything on the debt. It does not eliminate the other rights of a secured creditor, such as foreclosing on real estate, or repossessing a vehicle.

Not only do “liens”, or interests in property, survive discharge, but so do clauses in such lien documents and notes. That means that, if after discharge, a person wants to file a lawsuit against a creditor who still has a lien, they have to comply with those clauses.

What is a “notice and cure” provision? It says “a party who is in default is entitled to notice of the default, and a period of time to cure the default, before the other party may accelerate the contract and demand full payment, or foreclose or repossess”.

What is an “arbitration clause”? It says “if the borrower wants to make any claims against the lender it must do outside of court, in a proceeding involving appointed “arbitrators”.

Some cases hold that these clauses prohibit a lawsuit, unless the borrower first complies with them. Some cases hold that these clauses are not effective in a consumer protection lawsuit. In the Wortman case, the judge dismissed plaintiff’s case under FDCPA because the mortgage survived, and so did the “notice and cure” provision that required the borrower to give notice to the mortgage company before borrower filed suit.

So, what do you do before you sue? Read the document that established the relationship between you and who you want to sue. It may require you to arbitrate instead of go to court, or to give notice of your intent to sue. Those clauses may or may not prevent a suit, depending on what your claim is. But one thing is for sure: liens pass through bankruptcy, and so do the documents creating them, and so does the fine print in them. Bankruptcy only discharges the borrower’s obligation to make payments. If they don’t, the creditor can take action to get their property back.

This can work against mortgage lenders and car owners, but it can work in their favor also. After a discharge in either Chapter 7 or 13, a debtor can file a Chapter 13 to cure a mortgage default, even if the personal liability to pay has been discharged. The U.S. Supreme Court, Johnson v. Home State Bank, 501 U.S. 78 (1991) rule that, after discharge in bankruptcy, a debtor can file a Chapter 13 to cure a mortgage default, even if their personal liability on the mortgage was discharged.

This ability to file a Chapter 13 to cure mortgage default also works for people who are not on title to the property, but only have an inheritance interest. If mom dies without a will, an heir can file a Chapter 13 case to cure mortgage arrears, force the mortgage company to accept payments, and prevent foreclosure.