Chapter 1
Introduction

Chapter 2
Don’t be embarrassed, nervous or afraid

Chapter 3
What causes people to need Banruptcy Relief

Chapter 4
What is the Procedure to File Bankruptcy?

Chapter 5
When should I file bankruptcy?

Chapter 6
What do I lose if I file bankruptcy?

Chapter 7
What happens to my credit score if I file bankruptcy?

Chapter 8
What can bankruptcy do for you?

Chapter 9
What Does Bankruptcy Cost?

Chapter 10
What is the Real Price Difference Between Bankruptcy Lawyers?

Chapter 11
If I am Married, Can I File a Bankruptcy Without my Husband or Wife?

Chapter 12
Will My Employer Find Out if I File Bankruptcy?

Chapter 13
Does Chapter 7 or 13 Bankruptcy “Ruin My Credit?”

Chapter 14
If I File Bankruptcy, Can I Leave Bills or Property or Transfers Off my Bankruptcy Petition?

Chapter 15
Can I File Bankruptcy on Bills in Someone Else’s Name?

Chapter 16
How Does Filing Bankruptcy Affect My Credit Union?

Chapter 17
Can I file bankruptcy if I have co-signers?

Chapter 18
What About My Car in Bankruptcy?

Chapter 19
What Happens to My House in Bankruptcy?

Chapter 20
When Will Creditors Stop Bothering Me?

Chapter 21
Cross-Collateralization Agreements in Bankruptcy

Chapter 22
Bankruptcy and Joint Accounts with Parents

Chapter 23
When do I stop paying my creditors?

Chapter 24
Gas, cable, electric and phone bill

Chapter 25
Bankruptcy and Divorce, Alimony, & Child Support

Chapter 26
What Bankruptcy won't solve

Chapter 27
Chapter 13 Debt repyament Plans

Chapter 28
Will I be able to get credit again?

Chapter 29
Bill Consolidation Loans

Chapter 30
Bill Consolidation Scams

Chapter 31
Wage Assignments, Deductions and Levies

Chapter 32
Student Loans

Chapter 33
Can I get rid of Taxes

Chapter 34
NSF Checks, Traffic & Parking Tickets

Chapter 35
Surrendering Real Estate & Time Shares

Chapter 36
Business Bankruptcy

Chapter 37
Professional Persons

Chapter 38
Do you ever "Not Get" a Discharge?

Chapter 39
About Geraci Law LLC and Peter Francis Geraci

Chapter 40
What if I need a Bankruptcy lawyer near me?

CHAPTER #6 What Do I Lose if I File Bankruptcy?

The answer is, you won’t usually “lose” your vehicle, home, pension or other assets, if your lawyer is Geraci Law. Good luck if you pick a no name lawyer who puts you in Chapter 7 when you should be in 13, or files a “cheap 7” and you lose a $6,000 tax refund. Or you pick an inexperienced Chapter 13 lawyer who makes your payment higher than it should be, but charges you the same fee that Geraci Law would have charged.

Why is the answer “you lose if you pick a no-name lawyer”? In Chapter 7, each state says that certain assets, such as a portion of the value of your home, and pensions, cannot be taken by creditors. In Chapter 13, the amount you pay to unsecured creditors is determined either by your budget, or the amount creditors would receive in a Chapter 7.

Geraci Law has done studies on how much a “cheapo” lawyer really costs when they lose your tax refund or other assets in a “cheapo” Chapter 7. In Illinois and Indiana, the figure is that the cheapo lawyers give away $2,000-6,000 in assets in enough cases to make it chancy to go to them. If they charge you $1200 plus a $335 court cost, but you have to pay $4000 to a Chapter 7 trustee, you paid $5200 for your Chapter 7. Some deal. Like buying a used car at 28% interest.

In Rockford, Illinois, for instance, in once recent year, “cheapo” solo lawyers gave almost $1 million of Chapter 7 clients’ money to the creditors, while the number for Geraci Law was almost nothing in comparison, despite the fact that Geraci Law did almost 1 out of every 5 Rockford bankruptcies. The numbers are even greater in Indiana: the cheaper the fee the more their clients paid to creditors.

A properly planned Chapter 7 or 13 can save you a lot. When you are paying the same, get the name, Geraci Law, and you may find yourself paying a lot less in the long run. Why? Because a properly planned Chapter 7 or 13 protects your assets from being seized by the Chapter 7 trustee and given to the creditors. This is not to say that Geraci Law clients never have to turn over something unexpectedly. But we avoid it, and it rarely happens. If you tell us the truth, and disclose all your income and assets, we know how to protect them by filing either Chapter 7 or 13, or if we cannot protect them, to tell you in advance so you can decide what to do.

You should lose no assets in filing Chapter 7 or 13. That is the Geraci Law plan for you. We can’t guarantee it, but we have never lost a house or had a vehicle or home furnishings or pension taken. Never. Ask us to show you our list of what happens when you go to a “cheapo”, it will make you sick.




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