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.

Don’t Labor Over Debt!

Don’t labor over debt this weekend – take a few minutes and go to http://www.infotapes.com and see what Geraci Law can do for you.

Don’t Labor Over Debt!

Geraci Law wishes everyone a Happy (and Safe) Labor Day weekend! It’s the workers both essential and nonessential that keep us going. Sometimes, even the hardest working need help.

Geraci Law is here if your hours are short, if your furlough becomes a lay off or if you are just in over your head.
Our attorneys are ready to consult if bankruptcy is an option for you to eliminate or consolidate your debt.

This weekend, check out http://www.infotapes.com. You can read some of our 30,000 positive reviews from REAL clients or ready about bankruptcy and how it can change your life for the better.


Celebrate safely this weekend! We’re closed on Monday but you can schedule online @ (SITE) or give us a call 7:00 a.m.-7:00 p.m. on Tuesday.

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 Consult In Evergreen Park

Come over to our Geraci Law Evergreen Park office – we’re offering FREE attorney consultations!

Free Consult In Evergreen Park

Come meet us in Evergreen Park for a FREE consultation regarding your financial options. We’re located at 3560 W. 95th St. Evergreen park is 2 minutes West of Western, 4 blocks West of Kedzie, 4 blocks East of Pulaski. Easy Parking int our Lot next to the building.

You can meet with any of our experienced Geraci Law Staff:

MMAAttorney Mario Arreola 

Mario M. Arreola is a highly respected Chicago based injury and bankruptcy attorney. He is a graduate of Mt. Carmel High School, University of Illinois, and the John Marshall Law School. He was born in 1958 in the neighborhood of South Chicago on the Southeast Side. The son of immigrant parents and father to four children and grandfather to eight.

Attorney Arreola has worked with Geraci Law, for more than 25 years and helped more than 20,000 clients solve their financial problems. For most of these years he has been the cornerstone of Geraci Law on the South Side of Chicago. Many of his clients simply know him as “Mr. Mario.”

TARAttorney Tarek Khalil 

Attorney Tarek Khalil is a senior attorney at Geraci Law. He is beloved by his clients. Attorney Khalil is one of the well-reviewed attorneys at Geraci Law. His clients call him, “overall great person,” “pleasant,” and “personable.”

He graduated with a Bachelor’s Degree in Political Science from University of Illinois at Chicago. He went on to earn his Juris Doctor from John Marshall Law. He is fluent in Arabic and is a board member for American Muslims for Palestine in Chicago.

Support Staff to Make the Process Hassle-Free!

Isaac Bell

IZK

 

 

 

 

Steven Serrato 

SER

 

 

 

 

 

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.

Stop Lawsuits!

Geraci Law can help you STOP a lawsuit with a Chapter 7 and Chapter 13. We can help with foreclosure, wage garnishments and judgments.

Stop Lawsuits!

Did you receive a notice about a lawsuit in the mail?  Did the Sheriff knock on your door and hand you a summons? Are you worried about foreclosure and your home?

Geraci Law can help you figure out what your options are regarding past due balances. We offer bankruptcy as an option to STOP the lawsuit.

Filing a Chapter 7 or Chapter 13 bankruptcy will stop a lawsuit from a creditor. Geraci Law offers FREE consultations with our experienced attorneys to help you figure it out. Filing a bankruptcy can prevent:

  • Foreclosure
  • Garnishment
  • Judgments
  • Liens against personal property or bank accounts

If you are being garnished already or if a default judgment is already entered, filing a bankruptcy can STOP any future collections. If there is a suit filed, NOW is the time to consult with a Geraci Law bankruptcy attorney. We can advise if bankruptcy is a solution to your problem.

Even if you are getting threats for a lawsuit from collection agencies, give us a call. Solve the problem before a lawsuit is filed on public record. Geraci Law is happy to meet with you via video, in office or by phone.

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.

Come Meet Attorney Berning in Wauwatosa, WI!

Free attorney consultation for debt relief options in Wauwatosa/Milwaukee, Wisconsin.

Come Meet Attorney Berning in Wauwatosa, WI!

Did you know Geraci Law is open in Wisconsin? Come meet Attorney Brent Berning at our office in Wauwatosa, Wisconsin. We’re right across the street from the Mayfair Mall at 2505 N Mayfair Road.

Worried about COVID-19 but still want to meet with a local attorney? No problem! Attorney Berning offers video meetings – all you need is a cell phone.

Read what real Geraci Law clients say about the Wauwatosa/Milwaukee office and Attorney Brent Berning.

“I have never filed for bankruptcy before…i was very nervous for my first visit. Before i knew it Brent Berning was introducing himself and reassuring me i have come to the right place. He was professional, pleasant and even funny which really eased up my nervous-ness given my bankruptcy situation. He explained everything to me in a way i could understand. I have nothing but wonderful things to say about this company. Thank you Brent and Geraci Law for helping me through this and thank you for helping me get my life back on track! You rock!”

“I had the pleasure of speaking to Brent Berning today and would just like to say Thank You Brent for your Professionalism in answering all my questions that I had today! You really made a great impression the way you handled all the details about my concerns I had! You are a true professional and a great asset to your company! Thank You Very Much Sir”

“I’m glad that God brought me back to Geraci Law 7 years later to the same attorney, Brent Berning. Keep up the good work.”

“There are events and circumstances that come up in life, some you can handle and some you can’t. When you reach the point of knowing you can’t handle things on your own and you get the gut feeling that you should seek help, had this heavy like feeling, so I recently had a consultation and met a person that not only does his job well but he went the extra mile. Such a great listener, he made me feel very comfortable to talk openly and freely, while expressing that the process is painless. I felt as though I was talking to one of my good friends who was assisting me with rolling away stone. I truly want to take this time to thank you for walking me through the process. That answer for me was Attorney Brent Berning. Keep up the exceptional work.”

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.

Free Attorney Consult – Westchester

Free attorney consultation for debt relief options in Westchester, Illinois.

Come visit Attorney Christine Kuhlman in Westchester, Illinois for a free consultation regarding your debt relief options. We’re located at 927 S. Mannheim Rd. Westchester 60154. We’re just South of 290/Mannheim on the East side of Street, next to BP gas Station and across from Target/Holiday Inn Express.

Attorney Christine Kuhlman is an attorney at Geraci Law. She has vast knowledge of Chapter 7 and Chapter 13 bankruptcies. She graduated with a Bachelor’s Degree in English from DePaul University and a Juris Doctor from John Marshall Law School.

Attorney Kuhlman is a member of the Illinois Bar Association, DuPage County Bar Association, and the DuPage Association of Women Lawyers. From the first consultation to bankruptcy discharge, clients should expect nothing but excellence from Attorney Kuhlman.

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 Kwalify?

Questions about debt? Too nervous to call? No problem – check out KwalifyMe to get the answers!

When you are struggling with debt, trying to find answers can be tough. If you are trying to figure out different options including bankruptcy, consolidation and OTHERS – you should check out www.kwalifyme.com. Filling out the information will answer:

Cost of bankruptcy
Cost of consolidation
Debt to income ratio

You can also get the following:

Median Income score
Creditor analysis
Bankruptcy bar calculator
Lawsuit search
Debt consolidation score
Experian “soft pull” report (doesn’t show up on  your credit)
Experian credit score
KBB vehicle value


If you have questions, you will get answers. It’s very cool and if you want to discuss your situation further, Geraci Law is available. It’s as easy as 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 since November 2016!

This Fourth – Be DEBT Free!

Happy Fourth of July from Geraci Law! If you want to be debt free – give us a call to review your options!

This Fourth – Be DEBT Free!

Let this be your year to be free of debt. We’re here for you. If you are thinking about debt or finances over the long weekend – check out our web site. There’s a tremendous amount of information and options.

Want to talk? We’re here at 800 CALL PFG.

Want to meet with an attorney? Schedule ONLINE https://www.infotapes.com/Bankruptcy/OfficeLocator

 

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.