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.
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.