Just Call!

If you have questions, Geraci Law believes in the phrase – JUST CALL! We want to talk to you and provide the best information possible.

At Geraci Law, you always have direct access to your attorney and paralegal team. No call centers, no leaving a message on a machine. Everyone you interact with is a Geraci Law employee.

It’s one of the many reasons we are the most reviewed bankruptcy law firm in the country. Over 40 years in business, over 200,000 clients served, and more than 30,000 5-star or positive bankruptcy attorney reviews.

So…

1. Thinking debt settlement or consolidation?

Just Call! 1-800-CALL-PFG

2. Want your “fresh start” Chapter 7 or 13 options?             

Just Call! 1-800-CALL-PFG

3. Want a free credit bureau “soft pull” to see your debts? 

Just Call! 1-800-CALL-PFG

4. Find out how much debt you have?

Just Call! 1-800-CALL-PFG

5. File from home using our Geraci Law app & Client Corner

Just Call! 1-800-CALL-PFG

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.

Can I File Bankruptcy if I Have Co-Signers?

Read Chapter 17 of Attorney Peter Francis Geraci’s “Complete Book on Bankruptcy” below or at https://www.bankruptcybookbypeterfrancisgeraci.com/Book17.html.

Yes. And you can either discharge your obligation to both the creditor and the co-signer, or pay the creditor to protect your co-signer.

Talk to your co-signer. Perhaps they already filed a bankruptcy with Geraci Law and you don’t have to worry! Perhaps they need to and you can come in with them. You may want to pay that loan to protect your co-signer. Or, your co-signer might say, “Go ahead and file Chapter 7 and I will pay this one off for you” or “I filed bankruptcy myself, so don’t worry, I already got rid of this debt.”

You can also file Chapter 13 and pay a co-signed debt to protect your co-signer. You can file Chapter 7 and still pay the co-signed debt to protect the co-signer. Or you can file either and let the co-signed decide what to do if the creditor goes after them on their guarantee.

Whenever a lender wants a co-signer, they don’t trust the person that wants the loan. Therefore, someone has to agree that if the person who is getting the money does not pay, that the co-signer will make the debt good, and take up the payments.

If you are the person who signed to pay if your friend or relative didn’t you may complain if you are called upon to pay the loan that your friend or relative got. In fact, it may push you over the financial edge.

Therefore, if you have a lot of bills, and now have a problem because of a co-signer, you will want to include that co-signed loan in your list of bills when you come in for your first interview.

If you co-signed, you probably did not want to pay the other person’s loan. In a Chapter 7, you will discharge your liability for the loan. In a Chapter 13, you can set up a special class for co-signer loans, and pay them or not pay them, as you wish.

If other people co-signed for you, you may want to protect them. In a Chapter 7, you will probably want to pay loans that other people co-signed for you on, so that you are protecting your co-signers. Just keep on paying those loans, despite your Chapter 7, if you want to protect your co-signers.

In a Chapter 13, if you want to protect your co-signers, you can set up a special class of creditors for co-signer loans, and propose to pay the co-signer loans ahead of other loans.

Example: Tim works at the Post Office and has 3 co-signers for his credit union loan. The credit union is taking $200 per paycheck out of his check, and Tim has a car payment of $329 per month, and a bunch of other bills, so he needs debt relief.

The Geraci Law Chapter 7 or 13 Bankruptcy Solution: Tim files a Chapter 13 to pay his car and co-signer loan 100%, and can pay his other creditors after the car and co-signer loan are paid. He can also just get rid of all his debt in a Chapter 7, but continue paying the car loan and credit union loan. He will “reaffirm” the car loan, but will not sign a reaffirmation on the credit union loan. He will pay the regular payment on the credit union loan, re-authorizing his payroll deduction.

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.

Are Unlisted Creditors Discharged in My Bankruptcy Case?

Read the article below or @ https://www.infotapes.com/Articles written by Attorney Peter Francis Geraci.

That depends.  In the First Circuit and the Seventh Circuit, there are cases that talk about missing creditors that aren’t discharged unless the case is reopened to amend schedules to list an omitted creditor, but, at least in the 7th Circuit, that reasoning is rarely followed.

In Stark v. St. Mary’s Hospital, 717 F.2d 322 (7th 1983), the Seventh Circuit concluded that the decision of whether to discharge the debt of an omitted creditor is based on equity. The Stark court said the burden is on the debtor to show that law and equitable principles allow the reopening of the case to include the omitted creditor. Without such a showing by the debtor, the debt will not be discharged and the creditor will have a claim against the debtor, despite the previous order for discharge of debts.

This case has been criticized for suggesting that adding a creditor to a schedule has an effect on the dischargeability of the underlying debt. See In re Anderson, 72 B.R. 783 (Bankr. D. Minn. 1987).

The general rule in most jurisdictions is that a debt is either dischargeable or not based on the nature of the debt, and the nature of the status of the claims proceeding, and that reopening the case is unnecessary.

Even in the 7th Circuit, which is Illinois, Indiana and Wisconsin, if the creditor has actual notice of some kind, such as you called and told them, or if “no harm, no foul” because the case was a “no asset case” and they would have gotten nothing even if they were listed, or if the creditor is really to blame because they sold the debt to someone else and didn’t tell them, the case does not have to be reopened at all. At Geraci Law, the issue rarely comes up.

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 be Embarrassed, Nervous or Afraid!

Below is from Chapter 2 of Attorney Peter Francis Geraci’s, “Complete Book on Bankruptcy.” Read below or the rest of the book @ https://www.bankruptcybookbypeterfrancisgeraci.com/

CHAPTER #2 Don’t be Embarrassed, Nervous, or Afraid

Everyone tells me they are embarrassed, nervous, and afraid to get out of debt. So read our 30,000 reviews and find out what Geraci Law has done to make their life better. Start with the reviews.

Now, let’s take embarrassed first. No one talks about money. They talk about everything else, but in America, money is a guilty secret. So the first thing you have to realize is that almost 1 million people a year file bankruptcy. That’s right. It’s real common. Are you 40 years old? In the last 40 years, about 40 million people have filed bankruptcy. So don’t be embarrassed. Donald Trump has put more than one of his projects in bankruptcy.

Second is nervous. Log on to infotapes.com and read real life stories about people just like you and how their Chapter 7 or 13 worked out for them. Get educated. Then you won’t be nervous. Take my free online 20 minute credit counseling course. Or take my 2 hour course for $25. Too much debt is bad. It can actually affect your health. Bad debt is like a bad marriage, or a bad cold. It can make you feel miserable. If you get out of debt, your credit score goes up, and you can start saving for a house or car you want.

Third is afraid. Don’t be. At Geraci Law, we will not file a bankruptcy for you unless we think it will make your life better. So, once you realize you’re in good hands, that a million people just like you file every year, and you know your credit score and savings will go up, you will be ready to get some good advice.

Why would anyone be happy about having to file a bankruptcy? The answer is, if there were no bankruptcy laws, you would have no way out of financial trouble.

The bankruptcy laws, and how they can help you, are not known to the general public. When a person finds out that they can get out of debt, and start fresh, without giving up any possessions, they are generally very happy. No one files a bankruptcy case unless they have to. If you have the money to pay your bills, pay them!

Why would you be happier if you kept your house, kept your vehicle, kept your pension, kept your household furnishings, and had no debt, and could save money each month for retirement? Why wouldn’t you?

Realize that if you have $20,000.00 in credit card debt at 18%, and just make the minimum payments at 2.5% of the balance, never using the card again, it will take you 37 years to pay it off. Go to our website, http://www.infotapes.com, and follow the links to msn.money.com, and bankrate.com. You will find useful financial calculators on those sites. Plug in your debt, and see that if you can pay only minimums, you have a life sentence of debt. If you have a lawsuit, getting garnished can eat 15 to 25% of your take home pay, or snatch your entire bank account.

Why should you have a life sentence of debt? Be happy! Don’t worry! If you can only pay minimums, collectors are calling, you have to charge necessities, you may be better off filing Chapter 7 and getting a discharge of that debt, or Chapter 13, which is a no-interest debt repayment. You could take that $500 a month and repay your debts in full with no interest over less than 36 months.

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.

Do I Qualify for Bankruptcy?

Check out https://www.kwalifyme.com/ to get answers to questions like:

  • Cost Of Bankruptcy
  •  Cost Of Consolidation
  •  Debt To Income Ratio
  •  Experian “soft pull” report (doesn’t show on credit!)
  •  Experian Credit Score
  •  KBB Vehicle Value
Get your free online:
  •  Median Income Score
  •  Creditor Analysis
  •  Bankruptcy Bar Calculator
  •  Lawsuit Finder
  •  Debt Consolidation Score

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 Orlando, Florida

Geraci Law opened a new location in Orlando, Florida. We’re located at 111 N Orange Avenue in Suite 854. We are happy to meet you and review your options to help with debt!

You can schedule a time online at https://www.infotapes.com/Bankruptcy/OfficeLocator or call us to talk. Geraci Law also offers virtual meetings from the comfort of your home.

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.

So What is A Chapter 13?

Chapter 13 can consolidate your debt based on YOUR budget rather than the terms dictated by the creditors. It’s one payment that is affordable to Y-O-U.

And – why would it help me?

Chapter 13s are often misunderstood. Some debt consolidation schemes may advertise paying back your debt to AVOID bankruptcy. You pay one payment for an estimated amount of time to creditors. Sounds great right?

What we have seen, most people who attempt debt consolidation end up filing for bankruptcy because some creditors or banks may NOT negotiate or settle. You are paying a monthly fee to a company only to find the monthly payment is not paying down the debt but rather the fee. If you owe thousands in debt, it could take YEARS and THOUSANDS to be able to pay down balances.

Unlike debt consolidation, creditors do NOT get a choice of negotiating in a Chapter 13. You use federal law to get help with your bills. Chapter 13 can consolidate your debt based on YOUR budget rather than the terms dictated by the creditors. It’s one payment that is affordable to Y-O-U.

If you are working full time or have a steady source of income and want to pay your debt, filing a Chapter 13 could be a great option. Rather than paying minimums only to use the credit again, you actually pay off what you can afford.

Check out the excerpt below from Attorney Peter Francis Geraci’s, “Complete Book on Bankruptcy.”

All your credit can be paid with one payment to the Court trustee, if you qualify for a Chapter 13 plan. It is possible to consolidate all your outstanding bills into one lower monthly payment, and be protected from credit action during the time you make your payments.

Chapter 13 plans usually run from 3 to 5 years. You can get a rough idea of your maximum Chapter 13 payment by adding up all your bills, dividing by 36 to 60 months. Add 10% to the monthly payment, and the total would be your Chapter 13 payment. This is an over-simplification, and your payment could be less, but this is the basic idea.

Usually, there is no further interest paid to creditors under a Chapter 13 plan. Exceptions to this are cases where you are paying for a house or for a car, or when the creditors could get all their money immediately if you were to liquidate your assets.

A Chapter 13 bankruptcy is an amazing resource available to people simply struggling. Geraci Law will file the case for no-money down and you get the immediate relief and time to pay down your 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.

Geraci Law Lansing Illinois Opening SOON!

Geraci Law in Lansing, Illinois is opening soon. Schedule a time to meet with a LOCAL attorney in person! We are located at 17839 Torrence Avenue in Lansing. We are between 178th and 179th, past the Walmart. GREAT parking in the back of the building.

Check out our new office. We look forward to helping the folks in Lansing, Chicago Heights, Glenwood, Calumet City and South Holland. Schedule an appointment with us by phone or online @ https://www.infotapes.com/

New Lansing, Illinois Office!

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.

How Does Bankruptcy Filing Work?

Check out the Infotapes from Attorney Peter Francis Geraci. Watch below or @ https://www.infotapes.com/Bankruptcy/Infotapes

Organize Your Debt

1. How MUCH debt do you have? Is it around $10,000 or more in debt you can eliminate, like medical bills, lawsuits, credit cards, personal loans, repossessions? Make a list of all your debt and what it is for. You can find a form at Infotapes.com. Remember, some debts don’t appear on credit reports, so gather your bills, and even old debts can chase you for 5 or 10 years or more

2. What KIND of debt do you have? So if you have $10,000 or more in debt, is it the kind you can get rid of, or the kind you want to pay, like vehicles or credit unions, or is it just government student loans?

So, you can make a short list, using our form, you can get a free credit report to see what your creditors are reporting to credit bureaus.

Consult with a Law Firm

3. Get a free phone mini-consultation. You will need competent advice on whether Chapter 7 or 13 is right for the type and amount of debt, and also for your income level. Don’t make the mistake of thinking you can pick your Chapter, because you don’t know as much as Geraci Law’s highly experience attorneys.

4. Start uploading your documents. If we decide that we can help you, we’ll give you access to the Geraci Law ClientCorner, run an Experian soft-pull, get a Kelly Blue Book value on your vehicles, estimate your house value if you have one, and more. You can then upload necessary documents to our Geraci Law ClientCorner client portal, such as pay stubs, bank statements, contracts, bills and tax returns.

Meet with a Bankruptcy Lawyer for Free

5. Get a virtual or in-office interview and get your options, costs, and retain us, little or no money down. Figure a payment plan, and you’ve got yourself a lawyer! We’ll refer you to take a 20 minute online finance course, which costs $25. Take the course before you file. You can take my credit counseling course online for free to see what it’s like.

Review and Sign your Bankruptcy Paperwork

6. We’ll then prepare a bankruptcy petition of about 50 pages for you to review, and assemble the necessary documents you have uploaded, and after you sign it, we’ll file it with the Court.

File your Bankruptcy in Court

7. After we file in court, we’ll post all your documents on your secure Geraci Law ClientCorner portal, where you will get all your messages, instructions, documents, and even videos about your meeting of creditors and taking your second Debtor Education Course. The bankruptcy court requires you to take the second course to get a discharge. I teach it, and the Administrative office of the U.S. Trustee in bankruptcy certifies it. The court is one of the only courses actually taught by an experienced bankruptcy attorney.

Attend your Meeting of the Creditors

8. We will go with you, either by Zoom or in-person, to a brief interview with a Court appointed bankruptcy Trustee to go over your petition and approve it. If you filed Chapter 13, your plan will be confirmed and you will make the necessary monthly payment. If you filed Chapter 7, we will handle any paperwork with vehicles or mortgages you want to keep, and you will get a discharge around 4 months from date of filing.

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.

Free Counseling Videos

Thinking about what to do about your debts? Afraid of the unknown?

Watch short videos with Bankruptcy Attorney Peter Francis Geraci about bankruptcy, credit, and debt.

Thinking about what to do about your debts? Afraid of the unknown?

Attorney Peter Francis Geraci produced credit counseling videos about bankruptcy, credit and debt, you can watch all for FREE at https://www.infotapes.com/Bankruptcy/BankruptcyInformationVideos

You will learn about:

  1. Medical Bills
  2. Personal Loans
  3. Payday Loans
  4. Suspended Driver’s License
  5. Can I keep a credit card?
  6. How does Chapter 7 bankruptcy work?
  7. How does Chapter 13 bankruptcy work?
  8. What does loan modification mean in bankruptcy?
  9. How do I keep my house and vehicles?
  10. What does bankruptcy do for my credit score?

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.

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