Peter Francis Geraci’s Guides

Peter Francis Geraci

Chicago Bankruptcy Attorney.

Contributor Level 10
  1. Statute of Limitations for Debts and Collection

    Written by attorney Peter Geraci, about 6 years ago. STAFF PICK

    We've all heard the term "statute of limitations." But creditors have to deal with statutes of limitations too. They have a limited period in which they can attempt to collect on ordinary debts like contracts, credit cards, etc.. This guide details what the statue of limitations does and does not cover, and how it can apply to your situation.

    42 people found this Legal Guide helpful

  2. Credit Report Cleanup after Bankruptcy Discharge

    Written by attorney Peter Geraci, about 6 years ago. STAFF PICK

    Cleaning up Your Credit Report The fact that you filed a bankruptcy will stay on your credit report for 10 years after the date of last action in the bankruptcy case. Credit bureaus, however, often

    20 people found this Legal Guide helpful

  3. S-Corporation Bankruptcy and Personal Liabilty of Officers and Shareholders

    Written by attorney Peter Geraci, about 6 years ago.

    Why do corporations file bankruptcy? Corporations generally only file Chapter 7 to liquidate assets, or Chapter 11 to reorganize. Only real people, not corporations, receive a discharge. Therefore,

    63 people found this Legal Guide helpful

  4. Social Security Benefits Are Exempt from Garnishment

    Written by attorney Peter Geraci, about 6 years ago.

    Can a Creditor Garnish My Social Security Benefits? Generally, Social Security Benefits are exempt from garnishment, except for debts to the U.S. Treasury, or child support or alimony (family support

    5 people found this Legal Guide helpful

  5. Fair Debt Collection Practices Act

    Written by attorney Peter Geraci, about 6 years ago.

    Collection Practices That Violate The Fair Debt Collection Practices Act There are several things that a debt collector cannot do under the FDCPA. They cannot: • Call before 8am or after 9pm • Ca

    5 people found this Legal Guide helpful

  6. What is Reaffirmation of a Debt in Chapter 7 Bankruptcy

    Written by attorney Peter Geraci, about 6 years ago.

    What is a reaffirmation? A reaffirmation is a document that you and a creditor and your attorney sign in a Chapter 7 bankruptcy proceeding that makes your personal liability survive a Chapter 7 disch

    19 people found this Legal Guide helpful

  7. Chapter 7 Debtors Engaged in Business Must Produce Records

    Written by attorney Peter Geraci, about 6 years ago.

    Debtors “Engaged in Business”? The Bankruptcy Code requires more of debtors filing Chapter 7 who have been engaged in business, than it does of those whose income is from employment. If you are oper

    3 people found this Legal Guide helpful

  8. How to Stop Bill Collectors from Contacting You

    Written by attorney Peter Geraci, about 6 years ago.

    Identify Who Is Contacting You Often, a creditor you owe will send the account to another entity, called a collector. You can stop collectors from calling you if you send a "Cease and Desist Letter"

    4 people found this Legal Guide helpful