Thomas Jefferson loved a lavish lifestyle. He was our 3rd President and author of the Declaration of Independence. He spent an enormous fortune constructing and furnishing his Monticello home. Jefferson served only the finest wines and a personal French chef prepared only the finest foods.
At the end of his life, Jefferson owed $100,000 in debt, about $1.6 million today! He was desperate for help. Without bankruptcy laws for relief, Jefferson attempted to create a “lottery” in which the winner would get title to Jefferson’s lands (including Monticello). Ticket sales were disappointing and Jefferson died with his daughter Martha inheriting the debt.
Are you living beyond your means? If your budget is negative every month, you may be living like Jefferson. Geraci Law could help you file a Chapter 7 or Chapter 13 bankruptcy. Without credit, you learn to live within a budget.
Jefferson did not have bankruptcy as a resolve to his financial problems. You do! Do not spend your golden years worrying about debt repayment. If you have debt, just dial 1-800-CALL-PFG for a free phone mini-consultation or log on to www.infotapes.com to make appointments online 24/7.
Read more at www.bankruptcybookbypeterfrancisgeraci.com
William McKinley was elected President in 1897. Filing for bankruptcy in 1893, while he was governor of Ohio, didn’t stop him at all! He ran for president 4 years after filing, and won! And it shouldn’t stop you!
McKinley co-signed on a $130,000 loan for a friend to keep a business open. The friend’s business closed and McKinley was left with the debt. McKinley filed bankruptcy under the Bankruptcy Act of 1867. Back then, bankruptcy gave you protection from garnishment while paid back creditors, much like Chapter 13 today.
Voters did not care about McKinley’s financial problems. He was reelected governor and then elected twice as President of the United States. McKinley sought help for his financial problems.
Have you cosigned for a friend or family member? Then they defaulted, and the creditor is coming after you? Were you left holding the bag? Co-signing debt makes you as responsible as the other person. If they can’t pay – you owe!
If you are a co-signer and your co-signer is still paying, but you need to file either Chapter 7 or 13, you don’t want your bankruptcy to affect their debt. Ask Geraci Law how we can help.
Whether you are the co-signer who is primary on the debt, or the one who is secondary, Geraci Law knows how to handle either Chapter 7 bankruptcy or Chapter 13 debt repayment, and co-signed debt.
Talking about financial problems is the first step to getting help. Geraci Law helps thousands of people just like you get financial relief from creditors. Maybe eliminating the debt could be your first step to the presidency!
If you are working full time, and have debt, just dial 1-800-CALL-PFG for a free phone mini-consultation or log on to www.infotapes.com to make appointments online 24/7.
Read more at www.bankruptcybookbypeterfrancisgeraci.com
Geraci law knows how you feel when you’re in debt. Studies have shown most folks who would rather talk about their toilet habits or sex life than how much money or debt they have. Does this sound like you? You are 60 years old and live with a lot of economic uncertainty. You and your husband fight about money, often regret the purchases you make, and save nothing for retirement? Worse yet you have little or no pension, and you’re worried about healthcare?
For sure, you don’t know anything about the law, and you know even less about bankruptcy law. Bankruptcy is the Great American Law. Bankruptcy and baseball both start with the letter B.
Bankruptcy is a lot older than baseball. The first officially recorded baseball game in U.S. history took place on June 19, 1846, in Hoboken, New Jersey: the “New York Nine” defeated the Knickerbockers, 23–1, in four innings
So you probably know a lot more about baseball than you know about bankruptcy. Bankruptcy and baseball are both good things. Baseball allows you to forget your troubles for 9 innings, and root for your home team. Bankruptcy allows you to get out of debt and get a fresh start so you’re not paying off old debt with money you should be saving for your retirement.
To find out more about bankruptcy and how it can
- get you out of debt,
- repay debts with NO interest
- keep your pension, house, SUV and savings
- allow you to save money,
- protect your tax refund,
and more importantly, give you a sense of peace and financial freedom, dial 1 800 Call-PFG (800-225-5734), or visit infotapes.com. You can even read our new flipbook the complete book on bankruptcy by Peter Francis Geraci!
Make an online appointment 24-7 or get a free phone mini-consultation 7 a.m. to 7 p.m.
If you have a vehicle payment that is too high, it may be that you “rolled over” the balance on a vehicle you traded in, paying that off with part of the new loan. That means you are “upside down” and owe more than the vehicle is worth. That means your payment may be more than you can afford. Geraci Law helps our clients by developing relationships with honest car dealers who can sell you a vehicle you can afford at a payment you can afford. Here is what Gino Amoroso of Motor World in Glen Ellyn, Illinois has to say about working with Geraci Law clients:
Hello Scott, Just want to say thank you & keep you informed on how things are going. Currently this month we have sold eight customers referred by Geraci Law Firm: all were completely satisfied. The buying experience here at Motor World is the fast approval process and polite professional sales reps that create the ultimate buying experience. As an example today we did a complete brake job (pads & rotors) on a car we sold two months ago that was never promised to the customer: its the extra mile we go to keep our customers happy. As a result of our work ethics we are on target to hit a hundred sales this month, We enjoy a great working relationship with you and your organization Scott! That’s it.
Gino Amoroso http://www.mwcars.com
Many of our clients are elderly, and we file their Chapter 13s to protect their paid off home and repay creditors with lower interest and no late payments. Occasionally, a husband or wife will pass away during the case. In this case, the wife passed at the end of the case, after they completed the payments, but before completing the requirement of certifying that she had no outstanding Domestic Support Obligations. You would think that it would “go without saying” that a 78 year old grandmother was not under any court order to pay support, but that is the law. Since the wife was deceased, Geraci Law attorney Megan Hayes obtained an affidavit from the surviving spouse, and when the Clerk marked it a “non-conforming document”, the kindly bankruptcy judge issued an order on the Clerk to make it conform, and both the surviving spouse and the deceased debtor received their discharge. I am very proud of all the 76+ Geraci Law attorneys, not to mention our fine paralegals, for this kind of service to our clients. As Shakespeare put over 400 years ago in in Measure for Measure, which was all about lawyers, “Good counselors lack no clients”!
Your politicians made changes to the bankruptcy laws years ago to protect car finance companies. They seem to think that making it hard for consumers will help their finance companies. Although the politicians must have gotten some big contributions from GM’s captive finance company, GMAC, it didn’t stop General Motors from filing bankruptcy, did it? No!! So even though your Senators and Congress people try to make it hard on us, you can still get help as a working person if you are overwhelmed with debt because of job loss, illness or whatever life brings. Car loans are now going 60 to even 84 months. Used car rates can be 21%. So if you have a high interest car loan, and the car is worth less than you owe on it, here’s the deal in Chapter 13 bankruptcy:
1. If your bought the vehicle more than 910 days (2.5 years ago), you can offer to pay the actual value at prime rate plus 2%.
2. If you bought the vehicle less than 910 days, you have to pay the remaining loan on it, no reduction in value, but can still pay less interest.
Either way, you get a better deal, and still get to handle your other debt, and pay your vehicle ahead of other debts, so the car gets paid off faster, while the other creditors wait. Have a co-signer? Only way to protect the co-signer is pay the loan as written, either inside your bankruptcy, or “outside”. Geraci Law restructured or discharged over $1.5 billion in debt last year. Visit us at http://www.elimadebt.com