Infotapes are Back!

Theeeeey’re BACK!! INFOTAPES®! What’s not to love? The man, the myth, and the mystery of….INFOTAPES® ! Are they real? Are they lost in the mists of time? When did INFOTAPES® first take America by storm? Where did they come from? Where did they go? Who cares, cuz….INFOTAPES® ARE BACK BABY BACK!

Read latest press release from Geraci Law! Attorney Peter Francis Geraci recorded new infotapes that can be viewed online. Read more updates and news from Geraci Law at https://www.infotapes.com/Press

CHICAGO, IL, 10/9/2020

Theeeeey’re BACK!! INFOTAPES®! What’s not to love? The man, the myth, and the mystery of….INFOTAPES® ! Are they real? Are they lost in the mists of time? When did INFOTAPES® first take America by storm? Where did they come from? Where did they go? Who cares, cuz….INFOTAPES® ARE BACK BABY BACK!

 Gimmee some right now at, you know, http://www.INFOTAPES®.com. Bankruptcy INFOTAPES®. Can I keep my car INFOTAPES®. Does my boss care if I file bankruptcy INFOTAPES®. Do I qualify for Chapter 13 INFOTAPES®. How much does bankruptcy cost INFOTAPES®. And sooooo much more! 

Visit http://www.peterfrancisgeraci.com/Infotapes.html

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.

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.

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.

Who Your Lawyer Is, DOES Make a Difference

Geraci Law founder Peter Francis Geraci likes to say “Why pay the same and not get the name?” 

Who Your Lawyer Is, DOES Make a Difference

Geraci Law founder Peter Francis Geraci likes to say “Why pay the same and not get the name?”  Even worse, why THINK you’re paying an attorney to protect you, but end up losing your home or other asset?

Remember, creditors look at your bankruptcy petition, and so does the United States Trustee and their minions.  An attorney representing creditors scrutinizes your Chapter 7 or 13 petition, looking for assets they can take, or money they can get you to pay creditors.

Geraci Law Attorney Nathan E. Curtis recently defeated a Chapter 7 trustee in one case, and a Chapter 13 trustee in another. In Will County, Illinois, the Chapter 7 trustee wanted to take $12,000.00 the Geraci clients had claimed exempt as funds from the sale of their home, because Illinois law says the “homestead” exemption is only good for a year.  Attorney Curtis pointed out to the Court that, since the Chapter 7 was filed within a year of receiving the sale proceeds, the Trustee could not claim it by holding the Chapter 7 case open and waiting a year to object.  This saved the Debtors $12,000.00.

In the Chapter 13 case, Geraci Law attorney Nathan Curtis defeated the claim of the Chapter 13 trustee that life insurance proceeds of $50,000 were “disposable income” that had to be paid to creditors. Attorney Curtis pointed out that only “current monthly income”, not a one-time payment, much less a life insurance payment that is exempt from creditors, may be required to be used to pay creditors.  The Bankruptcy Judge agreed, and Geraci Law saved the widow from having to use life insurance to pay creditors.

Who you choose for an attorney DOES make a difference!

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.

Chapter 36 – Business Bankruptcies

An excerpt from Attorney Peter Francis Geraci’s “The Complete Book on Bankruptcy.” Learn more about misconceptions about bankruptcy!

Chapter 36 – Business Bankruptcies

Stein Mart is the most recent business to file for bankruptcy since the start of the pandemic. You may wonder what is a business bankruptcy and what does it mean? You may be a business owner thinking about filing for bankruptcy. Below is an excerpt from Attorney Peter Francis Geraci’s Complete Book on Bankruptcy.

At Geraci Law, we don’t do bankruptcies for operating business. You may as well wind it up properly yourself. Pay your taxes, sell your inventory, and close up. Businesses don’t get a discharge anyway. Chapter 7 only liquidates a business. You can do that by yourself.

You may have heard of major corporations reorganizing under Chapter 11 of the Bankruptcy Code. Small businesses seldom reorganize, and 95% of the businesses with under $2 million in sales that go into Chapter 11 do not reorganize successfully and go under completely. In October, 2005, a simplified reorganization procedure for small businesses was enacted.

Businesses don’t usually file bankruptcy because only people get discharges. Business usually wind up their affairs, pay off what creditors they can, and disappear. Only if a real person has personal liability, or the business really wants to liquidate using bankruptcy, do small businesses file.

Many small businesses are incorporated. If the owner of the incorporated business did not sign personally, it is only the corporation that is obligated. In that case, certainly the owner does not need a bankruptcy attorney. But does the small corporation need bankruptcy relief? The answer generally is, no. Just struggle along. If your small incorporated business is still alive, do the best you can. Stay away from bankruptcy. Make sure you pay the employee withholding taxes, unemployment taxes, and sales tax. Those are items that an officer or shareholder of a corporation may be held personally liable for. Try to pull out of your problem by yourself, and if you cannot, fold the business yourself.

However, if your business is not incorporated, you may be personally liable for its debts. In that case, the same rules apply. I see no benefit to putting a going business into bankruptcy court. If you are going under, just go out of business. Many creditors tend to just drift away. After you are out of business, and find a regular job, if anyone sues you, you may want to file a Chapter 7. Bankruptcy rules will generally not help a failing small business to succeed.

If you have already closed your business, and remain liable on its bills, and have other bills such as charge card debt, we may be able to get you a fresh start. We represent a lot of people who have already closed their businesses, there are no assets left, and they need to get a fresh start.

If that is your business is closed up, and you are now doing something else, and you just want to eliminate personal liability on loans, or if you have a 1 person business, you may benefit greatly from the bankruptcy relief which is available. But, if your business is still going, don’t call me!

Problem: Jose had a hot dog stand, and his rent doubled, and he was evicted. He is now working as a cook making about $32,000.00 a year, but that is not enough to pay for all the bills he ran up trying to save his small business, and now the creditors are suing him.

The Peter Francis Geraci Chapter 7 or 13 Solution: Jose can file a Chapter 7, list both his business and personal debts, and get a fresh start.

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 – The Firm You Know & Trust

The Chicago Blackhawks lost last night, they get another shot for a win. Let Geraci Law help you with a fresh start!

The Chicago Blackhawks lost their opener last night against the Las Vegas Golden Knights. The good news is they get another shot at Game 2 on Thursday. Geraci Law wants to help you with your second shot. If you lost your job, if you lost income, if you just feel like you are losing the battle of debt – Geraci Law is here for you. Don’t gamble your financial future!

Since 1977, Geraci Law helped over 250,000 people solve debt problems. We’ve been reviewed 30,000 times from HAPPY clients. These clients have two things in common. The first is they used Geraci Law to get out of debt. Second is their lives are better since filing for bankruptcy with Geraci Law. It’s just simply relief.

Bankruptcy can be scary – you might be worried or nervous. There’s enough in the world to be worried and nervous about. Bankruptcy with Geraci Law can help solve the debt nerves. Owing money you cannot pay is scary – bankruptcy should not be.

We work with everyone. We offer flexible payment options and if bankruptcy is NOT your best bet, we’ll advise you on alternative options. It’s what Geraci Law is here for – we want to change your life for the better.

Geraci Law can meet you virtually, by phone or we’re open at our several locations. It’s whatever is easiest for you. It starts with a free consultation. You can schedule this by calling 800 CALL PFG or online by clicking here. https://www.infotapes.com/Bankruptcy/OfficeLocator

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.

No question too big or small – we’re nice, we’re experienced and we’re ready to help!

Rockford Residents – We’re Here for You!

Geraci Law Rockford office is open and ready to help any Chrysler workers!

Rockford Residents – We’re Here for You!

Back in 2013, Chrysler shut down the legal department. Before, Chrysler employees had free legal representation including bankruptcy filings. Now, Chrysler employees in need of financial help are left to find their own counsel.

Geraci Law is here for you in our Rockford, Illinois office. No one understands how hard it’s been for employees from Chrysler in Belvidere. Since 2018, you’ve dealt with multiple shutdowns, overtime cuts and furloughs ranging from one week to entire month. Geraci Law staff gets it. We know you are trying, we know it’s tough.

Meet our Geraci Law staff in Rockford. We’ve helped tons of coworkers, friends and family. Geraci Law is local and we’re here for you. Call us at 800 CALL PFG.

JKNAttorney Jason Nielson
Attorney Jason Nielson is a senior attorney at Geraci Law. He is licensed to practice in Illinois and Texas. Attorney Nielson started with Geraci Law in 2007. He is an expert in the Northern and Western districts of Illinois.

Clients say, “Pleased that everything went through in a timely manner! We were helped every step of the way, from filing Chapter 7 or Chapter 13. We were guided through each step, very helpful! Our minds were set at ease. Give a call to: Jason Nielson if you have questions about any Bankruptcy and Dept Legal Service you need. As with us, we are sure he will answer then guide you as to the best route for you! Thank you Jason.”

HRTAttorney Phil Hart
Attorney Hart used to work for Chrysler legal department, he now handles court work for Geraci Law. He’s an expert in Chapter 7 and Chapter 13 bankruptcy petitions.

 

 

 

JODAttorney Joseph D’Onofrio
Attorney Joseph D’Onofrio graduated with a Bachelor of Arts from Northern Illinois University. He went on for his Juris Doctorate at Valparaiso University Law School.

Clients say, “Filing bankruptcy is NOT something that I never thought that I should do HOWEVER circumstances changed and I thought it was the worst thing I could do to change my situation. However after going in to Geraci and talking to Mark I was put at ease and decided that it was the best thing I could do. Joe D’Onofrio continued to make this process quick and easy to understand and was of immense help to me. These folks are calming and so easy to talk to and I can’t thank them enough! They are awesome and continued communication has been awesome as well!”

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.

Chapter 9 – Is Bankruptcy Bad?

An excerpt from Attorney Peter Francis Geraci’s “The Complete Book on Bankruptcy.” Learn more about misconceptions about bankruptcy!

Chapter 9 – Is Bankruptcy Bad?

Below is an excerpt from Attorney Peter Francis Geraci’s Complete Book on Bankruptcy.

No. Owing money you can’t pay is bad. Money can be used for good or bad purposes. People end up without money because of circumstances beyond their control, or for other reasons. Bankruptcy merely adjusts the debt situation to 0 again. You start out even. You get a fresh start, while still keeping the necessities of life. But the prevailing attitude about bankruptcy is that is “bad.”

This is an interesting perception. The origin of bankruptcy can be found in ancient traditions, as found in the Bible, Deuteronomy 15.1: “In the 7th year, each creditor shall release his debtors. This shall be known as The Lord’s Release.” In the Old Testament, it was the policy that a debt could exist only 6 years, and should be relaxed or forgiven in the seventh year. The purpose was to prevent damage to society by allowing a debt to live forever. The lender was cautioned thereby to lend only as much as the borrower could reasonably be expected to repay.

There are other Biblical references to debt, such as St. Paul’s admonition in Romans 13:8; “Strive to owe no debt, except that debt that binds us to love one another.” I have found nothing in any religion that states that owing money to another is “good.” In the Koran, there is a prohibition against lending money at interest. In most Moslem countries today, Moslems borrow at no interest from “banks of the faithful.”

In modern times, lenders do not follow this idea. In an era where charge cards are sent out through the mail and applications are “pre-approved”, creditors lend money without regard to whether or not the borrower can pay it back. They cover their losses by charging huge rates of interest. I have seen contracts with interest rates as high as 53%. In olden days, this was known as usury. Technically, any lending of money at interest is known as usury. But, until modern times, it was the money lender, or usurer, that was bad, not the poor person who had to borrow.

Of course, capitalism could not exist without the practice of lending capital and charging interest. But bankruptcy laws provide a legitimate, legal, and moral safety valve for the excesses of the credit system. Now, you don’t have to join the French Foreign Legion, disappear to Australia, or blow your brains out, to escape from your creditors. Bankruptcy was so important to the Founding Fathers of the United States, that, when the U.S. Constitution was written in 1787, they directed Congress to make uniform bankruptcy laws. Article III, Section 8 of the United States Constitution states: “Congress shall make uniform laws relating to Bankruptcy.”

Bankruptcy is therefore more fundamental to the United States of America than the Bill of Rights, and such things such as freedom of the press, and freedom from unreasonable searches and seizures.

The United States Bankruptcy laws are part of the Federal Code. They were passed into law by the United States Congress, our elected Senators and Representatives. All bankruptcy in the United States is governed by federal law, and the procedures are as much a part of our society as lending money at interest.

After the American Revolution, when the first Continental Congress met in 1787, one of the topics debated was whether or not to have a uniform bankruptcy law. Many of the American settlers had to run from creditors in England. They had to leave the country to avoid being thrown into debtor’s prison. Each American colony had different laws relating to collection of debts. Some had provisions that a person could be jailed for debt, and some, like the colony of Georgia, were havens for debtors and had laws which prevented bad treatment of people who owed money

There was little disagreement between the Founding Fathers of the United States of America, when it came to having a bankruptcy law. Freedom from debt was important, and so was the ability to start fresh. Therefore, in the United States Constitution, Article III, Section 8, we find the provision, “Congress shall make uniform laws relating to bankruptcy.”

However, the banking lobby was so strong that each state kept their own bankruptcy laws until 1898, when the U.S. Bankruptcy Code was passed. It was modified greatly in 1978 to deal with the amazing amount of consumer credit, and is constantly being tinkered with by Congress to balance the interests of those who lend money, and those who borrow it.

Abraham Lincoln was a bankruptcy lawyer. In Springfield, Illinois, Old Abe filed about 1/2 the bankruptcies in Illinois in 1842. 1/2 of his legal work involved debt cases.

It is to the advantage of moneylenders, to use public relations techniques to convince the public that bankruptcy is bad, and to make it something that is bad or evil. I agree that you should not discharge your debts until it is absolutely necessary, but there is certainly nothing wrong or illegal about it. No one comes out to your house and takes your clothes. No one paints a big “B” on the sidewalk in front of your house. In fact, no one is interested.

If you find yourself with no savings, nothing left over after you pay your rent, mortgage, food and utilities, and still have bills to pay, you should consider taking advantage of the fresh start provisions of the bankruptcy law. Bankruptcy is like getting a fresh start. Your debts are forgiven, except those that you want to continue to pay, and you can start saving money and doing things the right way, instead of suffering because of the credit trap.

People come into my office and ask, “What will happen to me if I file a bankruptcy?” No one ever came in, when I used to be a general practice attorney, and said, “What will happen to me if I don’t have get convicted for running a red light?” They never said, “What will happen to me if I sell my house?” But people who are being chased by bill collectors sometimes feel that they should not be able to get relief and that they will be punished if they get a fresh start. They do not realize that a big part of bankruptcy laws is forgiveness.

Nothing will “happen” to you if you file a bankruptcy. You won’t suddenly become rich and famous, or popular, or beautiful or handsome, and, on the other hand, you won’t suddenly be miserable and an outcast. One out of every 22 Illinois families will file for some type of bankruptcy relief, on the average, and in some states, the average is higher.

So, if you have problems with bills, getting the proper advice from a bankruptcy attorney as to whether or not some type of bankruptcy relief would make your life better, should not be looked on as bad. You should think of it as provision in the Federal laws that was put there by Congress to help people get out of debt.

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.

Have a GREAT & SAFE Weekend!

Have a great weekend – don’t let debt ruin your Saturdays, let Geraci Law help you come up with a financial plan!

Have a GREAT & SAFE Weekend!

Don’t let debt ruin your future Saturdays. Come up with a financial plan this weekend! Start with a budget – you can use Geraci Law’s FREE budget guide. 

If you have more debt than income, if you are using credit to pay for living expenses – it might be time for a new plan. Call us – we’re here to help.

Looking for more information?

Check out links below:

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.

If Not Now, When?

Make the first step to improve your financial future. Simple as 800 CALL PFG!

Make this year be the year you become debt free. Geraci Law offers FREE consultations – we can meet with you via video at a local office.

If you have more than $5,000 of debt in any or all of these categories, Geraci Law can probably help you:

Lawsuits • Garnishments • Wage Deductions • Foreclosures • Sheriff Sales • Mortgage Behind • Tax Debt • Credit Cards • Medical Debt • Car payment behind • Repossessions • Parking Tickets • Suspended License • Gas or Electric Shutoffs • Bill Collector Calls • Payday Loans • Cash advance problems • Car payment behind • Chicago Parking Tickets

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.