Bankruptcy Attorney News – Peter Francis Geraci Law, call us at 800 CALL PFG

I went to Geraci Law to file my Chapter 7 so that I would be able to get a fresh start on my finances. The staff was more than welcoming as I came in for my consultation, I was nervous and a bit embarrassed but quickly those feelings went away thanks to the Geraci team! I was assisted by Attorney Abraham P**** whom from the start knew what he was talking about. Unlike previous attorneys I had met with, Abraham gave me the honest truth on my situation and explained everything in terms that I understood he was also more than willing to answer any and all questions that I had regarding the process. I was able to review all my options and pick the solution that was in my best interest. The entire process was very straight forward and fast! I was also involved in every step and decision made as the Geraci team really strives to communicate with you so that you know all that is going on! I am very happy that I choose to work with Geraci Law as they truly helped me as well as worked with me to make filing affordable that fit my budget! I would highly recommend anyone that is struggling with debt and bill collectors to take that first step and visit the Geraci Law team!

Geraci Law has been battling Wells Fargo for years.  Today they announced a settlement of $158 million involving credit cards.  Their President, John Stumpf, never went to jail for the mortgage meltdown, and no criminal charges were brought this time either. Stumpf did fire 5000 Wells Fargo employees, supposedly.  “Maybe he should fire himself” said Geraci Law founder Peter Francis Geraci.

A few months ago Geraci Law clients, in active Chapter 13 Bankruptcy cases, received checks for Wells Fargo failing to timely perform escrow analysis on homes.  Again, Attorney Geraci corrected the Wells Fargo ship by sending all the checks to his clients.

 

 More than 300 Reviews & a 5 Star Rating.

“Your Law firm was the second Law firm I came to. I interviewed another firm and knew right upfront they were not right for me.

I needed a processional Law that had time to explain what going on with case. I needed a lawyer that up-to-date on the current information about chapter 13 Law. Peter Francis Geraci’ s has all that and more.

When I called for information about my case. I felt like I was the only case they were working on. I got answers right then while I was on the phone with in minutes. I was impressed. They were very up front with you. I it would be about two weeks they told you so. If you needed copies of paperwork you got it the same day if possible. Their technical knowledge was excellent.

They know how to get your information to you. They gave me training so I know how manage my finances better. They were great. I would recommend them with the highest praise. Thank you Geraci Law. Keep up the excellent work. God bless you all!”

Want to read More Reviews? visit www.infotapes.com.

ITT Educational Services, Inc. also known as ITT Technical Institute, headquartered in Carmel, Indiana since 1969, closed all of it’s school and according to it’s website, https://www.itt-tech.edu/, is not enrolling new students.  The closing puts an end to approximately 50 years of educational activity.

ITT released a statement saying, “The actions of and sanctions from the U.S. Department of Education have forced us to cease operations of the ITT Technical Institutes, and we will not be offering our September quarter.   We reached this decision only after having exhausted the exploration of alternatives, including transfer of the schools to a nonprofit or public institution.”  You can view the entire statement here. 

What about the student loans for individuals attending?  The federal loans for individuals currently enrolled can either be discharged entirely or obtain a partial discharge, if a student elects to continue their studies at another institution.

The Department of Education’s Undersecretary, Ted Mitchell, said in a press call with reporters students have 2 options, “The first option is to have his or her federal loans discharged. Students who are currently enrolled at ITT Tech or who have withdrawn from ITT within the last 120 days may be eligible to have their federal student loans from their ITT program discharged through our closed school loan program. With their federal loan debt wiped away, students can then decide whether to restart their education somewhere new. To get started with the closed school process, students should call their loan servicer or visit studentaid.gov/ITT, which will be up and running shortly. We’ve taken care to ensure all of our servicers are providing helpful and accurate information about the closed school option to borrowers.”

“The second option is for students to continue their studies at another school. Students who are closer to completing their programs may wish to explore transferring their credits. It’s important for students to know that if they are able to transfer their credits into a similar program of study, some or all of their loans will no longer be eligible for discharge.”

ITT Tech had more than 130 institutes Nationwide, all closed, and eliminated 8,000 jobs nationwide as a result of the School’s closing.

Veteran consumer debt expert Peter Francis Geraci of Geraci Law LLC, a regional consumer bankruptcy and injury law firm, says older clients are coming in with serious debt problems.  “We are seeing 80 year old clients who haven’t paid off their mortgage or car”, he said.  “It’s sad.”   Often, family members get their elders into trouble with co-signing and helping their kids and grandkids.

Retirees are carrying more debt than in previous years.  AARP most recent report shows more than 27% of individuals over the age of 65 are carrying credit card balances after their last payment.

Pictured Above is a very young Peter Francis Geraci. Below is a signed photo from “The Greatest of All Time”. Mr. Geraci collected a few photos of Muhammad Ali and displays them in Berwyn, Evergreen Park and Oak Park.

Peter Francis Geraci Law Bankruptcy and Injury Attorneys support Genesys Works. Our Newest Intern Cynthia Marin is starting her first day at Geraci Law!

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Attorney Peter Francis Geraci recently visited the Rockford office of Geraci Law, and was happy to see that the Rockford Register Star “What Rocks Rockford” Best Attorney Bankruptcy award was nicely framed and hanging at the on the wall at the Geraci Law Bankruptcy and Injury office at 4315 East State Rd., Rockford, IL 61108.   You rock, Rockford!

Peter Francis Geraci Law Bankruptcy and Injury Attorneys have 5 star rating on AVVO!

“I am a current customer of PFG, I have had an amazing journey so far with them. The y have been extremely resourceful and helpful with my entire case. I work very closely with Ryan S Fojo. He is phenomenal, I am so glad we are able to work together. He is always there to guide me, when I’m feeling unsure he answers all my questions and provides me with security, HE GETS THINGS DONE!!!! Ryan get them done accurately and timely. He also makes me feel as though I am not a lone during my process. I used to watch the commercials of PFG, since I was a small child. I am now 31 and I had still chose this route only because I felt as though I was familiar with them, When I signed up to make the best decision of my life, they made me feel like family. I regret destroying my credit, However I do not regret signing up with PFG. Thank you PFG & Ryan for all that you have done…..”

https://www.avvo.com/attorneys/60603-il-peter-geraci-1274715/reviews.html

 

Peter Francis Geraci Law LLC has a A+ rating with the Better Business Bureau (“BBB”) with over 1,000 positive reviews.  You can view More BBB Peter Francis Geraci Law Bankruptcy and Injury Attorney reviews on the BBB website.  http://www.bbb.org/chicago/business-reviews/attorneys-and-lawyers/peter-francis-geraci-law-llc-in-chicago-il-36000434/customer-reviews.

 

5-Review Status on Avvo! (Click Here to View)