New Debt Relief Videos featuring PFG!

A new feature on our web site features educational videos about debt from Attorney Peter Francis Geraci. You can see all for FREE at http://www.peterfrancisgeraci.com/infotapes.html

A new feature on our web site features educational videos about debt from Attorney Peter Francis Geraci. You can see all for FREE at http://www.peterfrancisgeraci.com/infotapes.html

You can watch vides to get answers to the following questions:

  1. When Should I File Bankruptcy?
  2. How Does Bankruptcy Filing Work?
  3. What is the Right Time to File Bankruptcy?
  4. What Problems Can Bankruptcy Solve?
  5. Can you File Without Your Spouse?
  6. Will you Lose Anything If you File Bankruptcy?
  7. What Happens if You’re Divorced and Need Bankruptcy?
  8. How to Find a Cheap Bankruptcy Attorney?
  9. Is Bankruptcy Bad?

PFG commercials could be considered legendary. If you want to watch Geraci Law commercials, you can find videos 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 30,000 5-star reviews 5starsince November 2016!

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

When should you file bankruptcy if you lose your job?

That depends on where you lost it! Google Bobcat Goldthwaite “I lost my job. No, I didn’t really lose my job. I know it is still there.. It’s just, when I go there, there’s this new guy doing it!”

Below is one article written by Attorney Peter Francis Geraci. Read more at https://www.infotapes.com/Articles. You can find more information about bankruptcy, debt settlement, links to job fairs. Just need to talk? We’re here – call us at 800 CALL PFG.

Should you file bankruptcy if you lose your job?

That depends on where you lost it! Google Bobcat Goldthwaite “I lost my job. No, I didn’t really lose my job. I know it is still there.. It’s just, when I go there, there’s this new guy doing it!” https://www.youtube.com/watch?v=rITk6utJvRY

There are over 50 ways to lose your job. Here’s the most popular, and if you should consider filing bankruptcy:

·        I got fired yesterday     

NO. Don’t call us if you got fired yesterday. Chill.

·        I am on unemployment                      

Maybe.

·        I got hurt on the job                            

Maybe. You need expert advice if hurt on job!

·        Accident not at work                          

Maybe. Depends on a lot of factors

·        Short term disability                           

Probably best to wait.

·        Long term disability                            

Maybe, if permanent and income loss permanent.

·        I will be getting back to work             

Maybe. Is pay going to be higher, lower or same?

So, it really depends on why you are not working, will it be temporary or permanent, and also on exactly what kind of debt problem you have. For example:

Hurt on job?  We file a lot of Chapter 7 cases to eliminate debt when there is a workers compensation claim. We can represent you in the Workers Comp claim, and also in either a Chapter 7 or 13 bankruptcy, and make sure you keep 100% of your workers comp settlement, while you eliminate or manage your other bills.

Just got fired? We recommend that you WAIT until you get back to work. Apply for unemployment, and get back to work. Don’t panic. Pay your regular living expenses, don’t pay any creditors until you get back to work. They can’t garnish your paycheck, can they? When you get back to work, we can see if Chapter 7 or 13 will manage your debt.  

While you are unemployed, you can file a Chapter 7 case, but you are prohibited from filing under Chapter 13 unless you have a regular source of income.

It may be to your benefit, especially if you usually earn $45,000 yearly, or more, to file a Chapter 7 before you get back to work. This is because there is an income test in Chapter 7 cases, meaning you can have too much income to do a Chapter 7. This usually comes into play over $45,000, in urban areas like Chicago. If you are not a higher income person, this timing is not so important.

But, you may not want to not file a Chapter 7 case unless you are already back to work, for several reasons. First, your bad luck may not be at an end. If you are out of work, you probably don’t have medical insurance. If you become ill after you have filed a bankruptcy, and run up a bunch of medical bills, you will have to pay them, because you will have used up your chance to do a bankruptcy already. Secondly, if you are not working, your money is short, and if you fall behind in your rent or utilities, or your car insurance lapses because you didn’t pay it and you wreck your car, you will have already used up your 6 year chance to file a bankruptcy and start fresh. Thirdly, when you aren’t working, no one can garnish your wages, and you probably don’t have any savings that they can attach, so what is the point of doing a bankruptcy until you are back to work?

The reason for doing a bankruptcy is to get a start fresh. You cannot start fresh if you are still out of a job. Once you return to work, a bankruptcy can be filed in as little as one day, to protect you from creditors, so wait until you are back to work to worry about getting rid of your bills. You may run up some more before that happens/ Or there may be a reason to file 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 30,000 5-star reviews 5starsince November 2016!

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

How Can I Meet With Geraci Law?

We take our jobs very seriously. Geraci Law’s goal is to help change people’s lives for the better. We strive to make the process HASSLE-FREE and work around almost any schedule. Meeting with Geraci Law could give you the relief you need!

Geraci Law is a well-established Law firm. It was founded as a solo practice by prominent consumer bankruptcy and trial attorney Peter Francis Geraci in October 1977. Geraci Law operated as a sole proprietorship until 2009; growing from one attorney in a 15 x 20’ office to a multistate law firm with over 50 attorneys.

Geraci Law is one of the largest consumer bankruptcy firms in the country, with over 15,000 clients a year retaining the firm for consumer bankruptcy cases in Illinois Indiana and Wisconsin. Each year, Geraci Law is hired to consolidate or eliminate over $1.2 billion in debt. You can read more @ https://www.infotapes.com/Home/About

We take our jobs very seriously. Geraci Law’s goal is to help change people’s lives for the better. We strive to make the process HASSLE-FREE and work around almost any schedule. Meeting with Geraci Law could give you the relief you need!

So how do you meet with us?

IN PERSON

Geraci Law has offices near home and work. We are located in Illinois, Indiana and Wisconsin and offer early morning or evening appointments so you do not miss work to meet with an attorney. Our staff is ready to meet with you safely at our COVID-compliant offices.

Virtually

With COVID concern and schedules, sometimes a video meeting is just easier. We offer video meetings Monday-Friday from 8:00-6:00 p.m. If that time frame doesn’t work for you, we’ll figure out on that does!

The good news is all you need is a smart phone. We’ll send you a secure link, you click and you are meeting with a Geraci Law attorney!

Telephonically

Just have questions? Only looking for some advice? Geraci Law attorneys are available by phone. It’s a phone call to figure out if this is a good option 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.

Don’t Claw Your Way Out of Debt!

Bankruptcy relief for Middle Class Families is a Chapter 13 debt repayment plan. Or even a Geraci Law Chapter 7 for higher-income families. You don’t have to “claw your way out of debt.”

Read more from Attorney Peter Geraci at https://www.infotapes.com/articles

Bankruptcy relief for Middle Class Families is a Chapter 13 debt repayment plan. Or even a Geraci Law Chapter 7 for higher-income families

You don’t have to “claw your way out of debt”

A Wall Street journal front page article on September 21, 2020 is titled “pandemic upends middle-class family finances”. The article profiles families making $75,000 to $175,000 a year”. Job losses wreak havoc on loan laden households, the headline continues; “I will never claw my way out”.  https://www.wsj.com/articles/covid-unemployment-debt-middle-class-family-finances-11600122791

Sadly, the breadwinner of one of the families is a 43 year old lawyer in suburban New York who claims to have been making enough representing families in foreclosures, and personal injuries, to affor her $9,000 per month in debt payments.  She was doing “coverage” work for Manhattan firms who hired her on a 1099 to “cover” their local court appearances.  That work has dried up now that those firms are appearing telephonically. 

You don’t want a “coverage” attorney handling your financial problems, and certainly not your Chapter 7 or 13.  These attorneys will take on your representation, because right now, they are not going to refuse work because they are not familiar with bankruptcy.  They will take your case, but if you are making over $65,000 a year, you are better off with Geraci Law.

Clients ask Geraci Law to manage over $1 Billion in debt every year.  Many choose to file Chapter 13 debt repayment plans.  Fees in Chapter 13 cases are only $4500 for a 60 month Chapter 13.  that is only $75.00 a month!!  Only a law firm that does an awful lot of these cases can afford to represent you for $75 a month! Geraci Law has over 12,000 Chapter 7 and 13 cases open during the average year, so we are not struggling to handle only one case, or make an appearance before only 1 judge.

This upstate New York lawyer would charge you the same as Geraci Law.  Now you know that almost every lawyer in the country charges the same as Geraci Law.  So why pay the same, and not get the Name: Geraci Law is by far on of the largest consumer bankruptcy firms in the country, with 100 attorneys and paralegals to make sure you get the most for your money.

If you make over $65,000 a year, you may be able to file either Chapter 7 or Chapter 13.  Which you qualify for is a complicated analysis that Geraci Law can perform once you upload your paystubs to the Geraci Law Client Corner.  Even if you make $100,000 a year, Geraci Law may be able to file a Chapter 7, or a Chapter 13 plan to reduce your payments and take the pressure off.  In 60 months, you may be Debt Free.

So, when you Need to Be Debt Free, it’s 1-800-CALL-PFG (1-800-225-5734).  Either that, or “you’ll never claw your way out”  Get your free Experian Soft Pull and Credit Score, KBB vehicle value, and debt to income ratio right on the phone.  Or set up a Geraci Law Virtual Consultation or COVID compliant office visit.

Indiana Gets Lump Sum Trump Unemployment Relief

Indiana Unemployment Claimants to Receive $1800 soon.

On August 8, 2020, President Donald J. Trump issued an Executive Order by Memorandum directing up to $44 billion from the DRF at the statutorily mandated 75 percent Federal cost share be made available for lost wages assistance to eligible claimants, to supplement State expenditures in providing these payments:

The Memorandum states: In exercising this authority, the Secretary, acting through the FEMA Administrator, shall, subject to the limitations above, approve a lost wages assistance program that authorizes the Governor to provide a $400 payment per week, which shall reflect a $300 Federal contribution, to eligible claimants from the week of unemployment ending August 1, 2020.

According to Indiana’s government website Lost Wages Assistance (LWA) funding will only cover the six-week period from the week ending Aug. 1 to the week ending Sept. 5. No LWA funding will be available to states beyond that time period. Indiana will make payments the week of Sept. 21, covering the period of Aug. 1 to Sept. 5, for those eligible.

It appears that Indiana will not choose to add $100 a week, in order to conserve state funds. Do those receiving this or any other unemployment benefit or supplement have to pay income tax on this $1800 payment? Yes, both federal and state income tax are due for those who make over the threshold for paying income tax, which is $12,200 for a single person under 65. See IRS publication 501 for your tax filing requirements.

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 Helping Madison, WI

Geraci Law is now taking cases in Madison, Wisconsin – call us for a FREE consult!

Geraci Law Helping Madison, WI

Geraci Law is now taking cases in Madison, Wisconsin and the surrounding areas! If you are in the Western District of Wisconsin, Geraci Law can help you handle your debt. You can meet with an experienced attorney with the Geraci Law difference. We can meet with you via video from the comfort of your own home.

Our Wisconsin Team (all are graduates of University of Wisconsin – Go Badgers!)

PARAttorney Jonathan Parker

Attorney Jonathan Parker is a senior court attorney and supervisory attorney at Geraci Law. He is responsible for the majority of the firm’s litigation as well as counsel to Attorney Peter Francis Geraci.

Attorney Parker’s professional experience includes providing client consultations, filing bankruptcy petitions, handling the firm’s litigation, and legal research. He has won and appealed numerous cases for the benefit of his clients. He is a leading expert in consumer bankruptcy law.

He is the attorney of record on 7,934 cases and he’s appeared in court on 4,844 of them. Attorney Parker helped over 5,000 people solve their financial problems.

He has extensive knowledge of the United States Bankruptcy Code and debt settlement. Attorney Parker will determine your best course of action to solve your financial problem. You should expect nothing but the best representation when Attorney Jonathan Parker is on your team.

LSAAttorney Lisa Ellmaurer

Lisa graduated from the University of South Carolina in 2010 double majoring in International Business and Finance and double minoring in German and Chinese. She graduated from the University of Wisconsin Law School in 2013.

During law school she externed for the Wisconsin Department of Justice’s Consumer and Antitrust Unit and worked at the UW Law and Entrepreneurship Clinic. She also served as an Editor for the Wisconsin International Law Journal. Lisa is admitted to practice in both Illinois (2013) and Wisconsin (2013). Employee since 04/2014.

AMGAttorney Andrew Golanowski

Atttorney Andrew Golanowski graduated with Bachelor of Arts in Philosophy from the University of Wisconsin-Madison. He went on for his Juris Doctorate from the University of Wisconsin-Madison.

He is a supervising court attorney for the Eastern District of Wisconsin and is ready to help solve any complicated bankruptcy issues.

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.

Masks Required in State of Indiana

Masks are required in the State of Indiana to help curb COVID-19. Geraci Law is ready to help!

Masks Required in State of Indiana

Geraci Law provides masks for all consultations. We also provide gloves and a pen! If you are struggling with debt because of COVID-19, 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.

 

 

Extra $600 Unemployment Ends on 7/31 – What Do I Do About My Debt?

The extra $600 in unemployment benefits ends on 7/31 – it may be time to rework the monthly budget.

Extra $600 Unemployment Ends on 7/31 – What Do I Do About My Debt?

The CARES Act provided an additional $600 per week in unemployment benefits. It is a federally funded program that is slated to end on 7/31. It’s only two weeks more of the extra income unless something changes. If you are unemployed, you should immediately review your budget. Take a look you’re your budget dependent on the $600 per week extra income? It is time to come up with an alternative solution…fast.

Make a list of your budget priorities. Expenses like your housing, food, utilities. Then take a closer look at where your money is going. Is your income going straight to student loan minimum payments? You could find savings here by consulting with your provider for a forbearance or deferment plan. Federal loans are automatically deferred until September 30th (read more at https://studentaid.gov/manage-loans/lower-payments/get-temporary-relief/forbearance).

Look at other expenses – a good way to find what you are spending money on is looking at your bank statement. Take a look at the last 30 days. If your budget is reliant on using the credit cards to pay for these priorities because you are ALSO paying the minimums then you are in a budget cycle (see Break the CYCLE of DEBT!).

You could be in a circle where you are making the minimum payments but using the credit again because your cash is gone. If you have LESS income coming in after the $600 additional unemployment benefit ends, then making those minimum payments becomes nearly impossible.  Add the interest rates, late fees attached to credit and you have a debt snowballing.

It may be time to consider a bankruptcy. Break the cycle of credit debt. Call Geraci Law and let’s go over options. If you want to consult by phone, we’re ready. Call 800 CALL PFG and ask to speak with an attorney. Start planning for your financial future so when you are back to work or when you have another source of revenue you are not relying on the credit debt to meet the basic essentials.

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.

Indianapolis Rent Assistance!

Indianapolis and Marion County residents struggling with rent can apply for assistance!

Indianapolis Rent Assistance!

Are you struggling with your monthly rent? Do you live in Marion, County Indiana? Then you should look into a new program to assist renters. The program is designed for people who are making less money as a result of COVID-19.

You are not eligible for the program if you are on rental assistance or housing voucher. The web site notes to call Indiana Housing Authority (IHA) at 317-261-7201 for assistance options.

Applications are available on 7/13! Check out the web site now at https://indyrent.org/

Geraci Law can help with your other debt. If you are struggling with the minimum payments on credit cards, medical bills, personal loans – call us. We offer a FREE consultations.

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 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.