Peter Francis Geraci A Bankruptcy Blog - Chapter 7 & 13

A woman called Geraci Law because she was being chased by the repo man. She had fallen behind on her car note because of adjustable interest rate spikes and job loss.  She started a new job and her financer refused to accept any payments.

She met with Wisconsin bankruptcy attorney Brent Berning and he was able to file her case the same day.  The repo man was sitting outside and she was able to provide her case number to stop the repossession. Her Chapter 13 payment is the same as her car payment and includes her other debt. Without the help of Geraci Law, the woman would still be driving in circles. 

A client came into meet with Indiana Geraci Law Attorney Bridget Tucker to discuss his future tax returns. A friend of his had filed with a different attorney and was required to give his tax return to the Bankruptcy Trustee each year. The client was nervous about his own tax refund.

Bridget told the client his case was reported as no asset – meaning his tax return is his to keep!  When the client originally came into the office, Geraci Law attorney Robert Brynjelsen told him to change his exemptions. By changing his exemptions, he gets more money from his paycheck and can keep his return.

His friend will pay more than the original fee from the other attorney and will lose his tax return. By meeting and filing with Peter Francis Geraci/Geraci Law LLC, the client was able to actually save money.

Taking the first step and calling a bankruptcy attorney is the worst part of bankruptcy. Most people feel uncomfortable talking about finances with family let alone a complete stranger on the telephone. The phone counselors at Geraci Law LLC are knowledgeable and understanding to your specific situation.

Phone counselor, Kelly McNamara spoke to a couple about their assets and debt. The couple hesitated to file a bankruptcy because they worried about losing their home. Kelly found a Chapter 13 solution would suit their individual case to get current on the mortgage, protect all of their assets, and provided an affordable repayment plan on the other debt. By calling Kelly at Geraci Law, the couple found a great long term solution to their debt.

James McGlamery spoke with a divorced man who struggled with his budget after he started paying child support. Because of the change in income, he used his credit cards to pay for groceries.  The man was nervous about filing a bankruptcy on his credit card debt. James assured him he was doing the right thing and being a good dad.

Declaring bankruptcy can be intimidating. You are in a vulnerable position and it is important to trust the person you are discussing your financial troubles with. Geraci attorneys and staff are here to help. We will listen and find a way to get you out of debt!

After a bankruptcy petition is filed, a person is required to attend a 341 Meeting of Creditors.  The 341 is scheduled a couple of weeks after a case filing and can take up to 3 hours.  Your attorney will be there to help you through the process.

If you are working, scheduling time off of work can be difficult.  A client had taken time off of work to come to the 341 Meeting. However, the client had the date wrong and would have to take additional time off of work.

The client’s Geraci attorney, Jason Shimotake, spoke to the trustee and the client’s case was heard the same day. Instead of a wasted trip and wasted vacation time, attorney Shimotake was able to help the client.

Another client’s 341 Meeting was misdocketed. If the client had missed the 341 Meeting, the case would have been dismissed.  Attorney Sharon Hunt came to the client’s rescue and contacted him to explain the situation. The client was able to come to court and keep his case open. Attorney Hunt represented her client and now he will receive his discharge.

Attorneys Hunt and Shimotake, like all Geraci attorneys, took the extra minute and solved the problem. Small things by Geraci attorneys mean big rewards for Geraci clients. Shimotake’s client was able to save a vacation day and Hunt’s client was able to save his case.

An Indiana woman came to Castleton office and met with Attorney Lacey Stier. The client wanted to file a Chapter 7 to eliminate debt.  The client had fallen behind on her minimum payments and was beginning to struggle with her mortgage. Before her appointment, the woman believed she was coming into a Geraci office to start a Chapter 7 bankruptcy filing.

After speaking with attorney Stier, the client decided to file a Chapter 13 bankruptcy.  By reviewing her options with a Geraci attorney, the client will be able to keep her home, her vehicle, and pay an affordable monthly payment on other debt.

The client was also advised by Stier - pending an appraisal - will be able to strip her second mortgage and lower the interest on her vehicle by 12 percent! After meeting with a Geraci attorney the client has a better plan for getting out of debt.

Without meeting with an experienced Geraci attorney, she would have never known her options.  If you would like a mini-consultation or to schedule an appointment with an experienced attorney for your options, please give Peter Francis Geraci, Geraci Law a call.