Tag: Chapter 7

Estimate Your Stimulus Check!

Use calculator to estimate your stimulus check – consider filing bankruptcy with Geraci Law. We’re open and ready to help. 

Estimate Your Stimulus Check!

Use calculator to estimate your stimulus check – consider filing bankruptcy with Geraci Law. We’re open and ready to help.

Stimulus checks are expected in the next few weeks. You can go online to estimate how much you and your family will receive at https://www.hrblock.com/coronavirus-tax-impact/calculator/.

Think about your debt. Will the money you receive pay off only ONE bill? Will the money only help for ONE month of minimum payments? If the answer is yes, it might be time to consider alternatives.

Bankruptcy could help. Filing for a Chapter 7 will eliminate all unsecured credit, a Chapter 13 will consolidate your debt into ONE monthly payment. So instead of paying thousands a year in interest, you actually PAY the balances. A Chapter 7 could give your family the fresh start it needs. Think about investing in YOUR future.

Geraci Law is here. We’re ready to answer questions and meet you. Geraci Law is able to file cases in as little as ONE day to stop wage garnishments, foreclosures, collection calls and car repossession. We’re here and ready to help!

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

Geraci Law is Here to Help

Geraci Law thanks ALL essential workers for helping everyone. If you need help, Geraci Law is here for you.

Geraci Law is Here to Help

Geraci Law wants to thank all the medical workers, grocery workers, and everyone out there working to support the country during COVID-19. We understand it’s tough and we appreciate everything you are doing.

Despite many people losing jobs, losing hours, the collection efforts do not stop. Collection agencies are still calling although they probably should not be, there are still lawsuits being filed against people who are struggling. That’s where Geraci Law can help. Filing for bankruptcy can STOP the collection actions from the creditors.

Creditor lobby groups fought against a bill proposed in Congress to STOP collection agencies from reporting late or missed payments to the three credit bureaus. The bill did NOT pass. The CARES Act did pass. There are guidelines written out by Consumer Financial Protection Bureau urging banks to work with consumers. Read more at the New York Post here. An excerpt from the letter written by US Chamber of Commerce and other associations that represent banks and creditors said,

As you consider options to protect consumers from harm, please be aware that blanket suppression of all adverse information in credit reports could disrupt consumer access to credit in the future.

Sometimes we all need a little bit of help. As of now, the help is not coming from Congress and help is not guaranteed from your creditors and banks. Geraci Law is here for you. Bankruptcy could be the solution to your problem.

If you are struggling with payments, worried about your job, worried about catching coronavirus and missing work – we’re here for you. Geraci Law IS open and meeting via video. We make debt relief simple because no one needs extra stress right now.

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

Debt Worry? Call Geraci Law.

If you are worried – call Geraci Law. Our experts will help you create a plan that HELPS your budget and debt.

Debt Worry? Call Geraci Law.

Because of the market crash in 2008, interest rates on consumer debt like personal loans and credit cards were historically low. The result was consumers having MORE debt with less interest. When everyone was working full-time, the household budget was fine. The income was there to make the minimum payments plus some more on the debt. Geraci Law was there for consumers in 2008 and we’re still here to help.

Now with COVID-19 and employment uncertainty, a missed payment could snowball into a big debt problem. Even if work resumes tomorrow – what if the market isn’t there? What if there’s no job to return to? What if the virus stimulus package only covers ONE MONTH of payments but does not solve the debt problem. Geraci Law may have your solution.

Geraci Law is here to help consumers realign budgets. We help people just like you worried about minimum payments and just making it. Eliminating YOUR debt helps YOUR future instead of the banks.

You can take what you are spending in minimum payments and start a savings account. You can take the money you are putting towards debt settlement or debt management programs and put it toward a down payment on a home or retirement. Bankruptcy with Geraci Law helps you get back on financial track.

Stop wasting your hard-earned dollars on uncontrollable debt.

Think about your future.

Think about your job’s future.

If you are worried, call us. Geraci Law can help you figure out a plan that works for 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

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

Feeling Sick? Stay Home with a Financial Plan for Success!

Missed work? No savings ? Geraci Law could help.

Feeling Sick? Stay Home with a Financial Plan for Success!

When you live paycheck to paycheck, a missed shift or a sick day creates a budget explosion. The loss of income could mean a minimum payment is shortened or even a missed car payment. If this is your situation – you should call Geraci Law immediately.

Think about how much you are paying in just minimum payments. Are you paying off the balances or do you have a “Band-Aid” for a debt wound? Filing a Chapter 7 to eliminate your debt WILL help. Instead of cycling the credit use and debt, you can start a savings account. So if you have a sick day, you have a fall back plan that doesn’t include using the credit cards. Read more about stopping the debt cycle.

It’s not just missed time – it’s the medical bills. Even if you are insured, a trip to the hospital for flu-like systems could cost you copays. In addition, a trip to the hospital may not cover all the expenditures and testing.

Medical debt is DISCHARGEABLE with a Chapter 7 or Chapter 13 bankruptcy. You may be better off waiting until all treatment is received before filing. But that’s why it’s important to call and speak with an experienced professional at Geraci Law.

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

Chicago’s Fresh Start Program

City of Chicago’s Fresh Start Program for parking tickets and driver license suspensions. Let Geraci Law help you apply and get a fresh start from your other credit debt!

Chicago’s Fresh Start Program

Geraci Law uses the phrase FRESH START for people who file for bankruptcy.  Geraci Law offers you the ability to start again with both a Chapter 7 and Chapter 13. You are debt-free with the opportunity to reestablish your credit.

The City of Chicago borrowed the phrase Fresh Start for a new parking ticket program. In the city of Chicago, unpaid parking ticket balances can double and snowball to HUGE balances. A driver’s license can be suspended or a car can be booted if unpaid tickets are ignored. Previously, the ONLY bankruptcy option was filing a Chapter 13 repayment plan for the debt.

Chapter 13 bankruptcy plans consolidate the balance of parking tickets into an affordable repayment. With the Fresh Start program, parking ticket balances can be written off. So instead of a three to five year repayment, you can file a Chapter 7 to eliminate OTHER debt like credit cards and medical. When your case is discharged, you apply for the Fresh Start Program.

Geraci Law will handle ALL of this for you. When accepted into the program, the City of Chicago will respond with a proposed plan.

–       ANY tickets over 3 years old will be written off by the City of Chicago. So you will NOT owe them.

–       ANY tickets incurred within the last 3 years, will be put into a payment plan without the need of a large down payment.

If you have parking tickets, Geraci Law CAN help! Calling our experienced staff can determine if a Chapter 7 or Chapter 13 is a viable option to STOP a driver’s license suspension.

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.

When Should I File For Bankruptcy?

Use Peter Francis Geraci checklist to determine if NOW is the best time to file!

When Should I File for Bankruptcy?

Below is a checklist from Attorney Peter Francis Geraci’s Bankruptcy Book. Use the checklist to review if now is the best time to file for bankruptcy.

Read more of The Complete Book on Bankruptcy by Attorney Peter Francis Geraci at www.bankruptcybookbypeterfrancisgeraci.com

  • Three or more apply to YOU, you should call us NOW.
  • Five or more apply to YOU, then you should have called us months ago.

_____My debt is over $10,000 not including a car or house.

_____My payments are over 25% of my take home pay.

_____I am frequently late on my payments.

_____I pay 20% interest on my debt.

_____I buy necessary items like food or clothing on credit.

_____I frequently get cash advances.

_____I am thinking about getting a loan to pay other loans.

_____ I have a lawsuit and over $10,000 in other debt I can eliminate.

_____Collection agencies are calling me.

_____I am “robbing Peter to pay Paul.”

_____My balances are not going down even though I make payments.

_____I have been turned down for more credit.

_____Payments are more than 1 month behind on more than one bill.

_____My driver’s license is suspended because of an accident.

_____I am working but paying other debts so I can’t afford car insurance.

_____My mortgage or rent is always late, or is behind.

_____We are getting divorced and have too many bills to pay.

_____I have medical bills over $20,000 that are not insured.

_____There is a garnishment or wage assignment on my check.

_____I owe income taxes I can’t pay now.

_____My car is worth much less than I owe.

_____I have no savings.

Either way, Geraci Law offers a free consultation if bankruptcy solves your problem. Don’t wait until creditors file a lawsuit, don’t wait until your savings are spent and do not wait until a car is repossessed. BREAK THE CYCLE!

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

Worried About Assets? PFG can help!

Do you own a house, car, or another asset you want to keep? Are you worried that Chapter 7 bankruptcy means you won’t get to keep your property? Geraci Law & PFG can help!

Worried About Assets? PFG can help!

Do you own a house, car, or another asset you want to keep? Are you worried that Chapter 7 bankruptcy means you won’t get to keep your property? Geraci Law & PFG can help!

Geraci Law has over 40 years of bankruptcy law experience. We’ve seen it all. Geraci Law can help you eliminate debt and keep your property. We’ll figure out the best plan of action to fit YOUR needs.

Hiding things NEVER works. Tell us and we’ll figure out the best option to receive a discharge. Experience means a lot. Knowing you have the world-class representation of Geraci Law on your side make the process easier.

From Attorney Peter Francis Geraci’s, The Complete Book on Bankruptcy

If your house is worth a lot of money, or even if it is only worth more than your mortgage plus homestead exemption, you may not be able to file a Chapter 7 and still keep the house. You may have to do a Chapter 13 repayment plan to protect your equity in the house. It is necessary to bring in a recent appraisal if you want competent advice from your attorney. You do not need an expensive appraisal. You may already have one if you have recently refinanced the house, or if you recently purchased it. A letter appraisal from a local real estate agent will do.

 

Example: Mr. and Mrs. Robertson have fallen behind in their house payments, because Mr. Robertson was ill for 6 months. They were served with a foreclosure suit, and want to save their house. They have no other bills. Their neighbors, the Smiths, have a lot of bills, but they are current only on their house payment.

The Peter Francis Geraci Chapter 7 or 13 Solution: The Robertson’s can file under Chapter 13 of the Bankruptcy Act to pay the 6 months of arrears, and foreclosure costs, over as long as 36 months. They have to start paying their regular mortgage payments again, but the mortgage company has to stop the foreclosure, and accept regular payments again. The Smiths can file under Chapter 7, and discharge all of their debt, and they can keep their house since it is worth $80,000, and their equity is less than $15,000 allowed as exempt from creditors under Illinois law. Other states have other laws relating to homestead.

Read more of The Complete Book on Bankruptcy @ https://www.bankruptcybookbypeterfrancisgeraci.com/

Reach Financial Goals With Geraci Law

Chapter 7 bankruptcy is a GREAT way to discharge your debt. You can discharge your credit debts, medical bills and remaining balances after repossessions.

Reach Financial Goals With Geraci Law

Chapter 7 bankruptcy is a GREAT way to discharge your debt. You can discharge your credit debts, medical bills and remaining balances after repossessions. It puts you on track to reach your financial goals.

Think about it. You are making your minimum credit payments every month, but then USING the same credit because your cash is gone. Add high interest rates and you are in the middle of a vicious never ending cycle of credit use.

Take how much you are spending in minimum payments every month. Take the credit card monthly minimums and multiple it by 12. This is how much you are paying EVERY YEAR in credit card minimums.

This is money you are giving away to the banks. Invest in YOUR future instead of the banks. At $1,200 in minimum credit payments per month – that’s $14,400 per YEAR you could put toward retirement, down payment on a house, buying a car for cash. It’s an opportunity to create a better situation for you and your family.

Geraci Law is here to help you REACH your goals. Our attorneys and staff make the process hassle-free so you can focus on your future.

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.