Tag: chapter 13

Huffington Post Writer Explains Chapter 13

Recent post in the Huffington Post discusses writer’s bankruptcy experience at age 26. Geraci Law is here to help you at age 26 to 76!

Huffington Post Writer Explains Chapter 13

In a recent post in the Huffington Post, John-Michael Jalonen writes about his experience filing for bankruptcy at 26 years old. He like many recent college grads, found himself with more debt than his income and student loan obligations could afford.

Filing for bankruptcy changes many people’s lives for the better. It gives the opportunity to reestablish yourself financially. Geraci Law’s motto is “Changing Your Life For the Better.” We stand by that.

Read Jalonen’s article here.  An excerpt from the piece,

“Admitting you’re in debt, much less deep debt, is incredibly embarrassing and makes you feel like a failure. However, it’s something that so many people are faced with, and going through the bankruptcy process can actually be a blessing.”

If you have questions about debt, finances or just want to talk about budgeting – give us a call. Experience counselors are waiting to help 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 25,000 5-star reviews 5starsince November 2016!

Read ALL ABOUT DEBT RELIEF at www.bankruptcybookbypeterfrancisgeraci.com

More Great Reviews From Geraci Law Clients!

Great Reviews from Geraci Law Clients from Illinois & Wisconsin!

More Great Reviews From Geraci Law Clients!

A sample of some Geraci Law client reviews. Read below!

“Geraci firm is one of the most professional run firms in Chicago. Met with Attorney Ashley Chike at the Geraci Firm. I must say that my experience has surpassed my expectations. They really strive to give you the best experience, while making sure you are prepared for what’s next. A helpful app, text messages notifications, and flexible appointment schedules make this firm the choice for filling Chapter 7 or 13. I highly recommend Geraci Law to anyone who needs to start over or need financial help in desperate times of need. Thanks again Geraci Law.” – Geraci Law North Side Chicago Office 

“Wish I would have come to Geraci law office sooner. Fantastic experience. Treated very kindly and with understanding. Huge relief for us. Starting new financial life today. Thank you all.” – Geraci Law Greenfield, Wisconsin Office

“I am very excited because with the great help of the lawyers from Francis Geraci I have completed my Chapter 13 – they have walked through the entire service these lawyers are very competent they did everything for me and all information and responses were done via email or text .I did not have to miss work .any questions they would answer in a prompt manner I am very great full its over .The fee is just right. Thank you so much” – Geraci Law Chicago Office 

“Attorney Parker was pretty cool to work with. Smart. Fast. And to the point! DJ at the front was helpful and kept contact until I got into the office. Thank you Geraci!” – Geraci Law Evergreen Park

 

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.

Thankruptcy

Geraci Law clients love Geraci Law and credit scores so much so that after filing they do not say bankruptcy, they say THANKRUPTCY. 

Thankruptcy

Geraci Law clients love Geraci Law and credit scores so much so that after filing they do not say bankruptcy, they say THANKRUPTCY.

We have over 25 offices in Indiana, Wisconsin and Illinois close to home AND work. Geraci Law staff make the process HASSLE-FREE. The goal is to change a person’s life for the better.

Geraci Law clients get:

  • Client Corner access. A web portal with direct access to case information AND their attorney and Geraci Law team.
  • Same day or next day appointments. Geraci Law is always available to handle your case.
  • Communication – Geraci Law does NOT have voicemail. You can call us, text us or message us and you’ll get a FAST response.

Check out the new Thankruptcy video 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 25,000 5-star reviews 5starsince November 2016!

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

How to get a car you can afford after bankruptcy

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 

Peter Francis Geraci explains Bankruptcy Discharge for Deceased Debtor

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”!

How to deal with vehicle loans in Chapter 13

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