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Bankruptcy Attorney in Fresno, CA.

Experiencing debt can be extremely stressful. As it accumulates, escaping it might seem unattainable. The Law Office of Griselda Torres is committed to assisting individuals in regaining control of their financial lives. We understand that, at times, debt may appear nearly impossible to pay off. Fortunately, there are pathways with options available to alleviate your financial strain. Filing for personal bankruptcy serves as a means of debt relief, aimed at lightening your financial load.

Should bankruptcy not align with your situation, alternatives such as credit card or debt settlement may be worth considering. We encourage you to explore the various bankruptcy and debt settlement solutions we offer. To gain a deeper understanding and to discuss your options, we invite you to schedule a consultation with our team today.

Is Chapter 7 Bankruptcy Right For You

Our Attorneys can determine if you qualify for Chapter 7 Bankruptcy through a means test. Many people can qualify for Chapter 7.

Let the Law Office of Griselda Torres analyze your individual situation to find out if you qualify for a Chapter 7 petition. If you don’t qualify for Chapter 7, there may be other options for dealing with your debt.

Bankruptcy Frequently Asked Questions

DISCLAIMER

This information is not intended to serve as a legal authority and should not be used in place of consulting the U.S. Bankruptcy Code and/or a qualified attorney. It is designed to complement, rather than replace, the guidance of skilled legal counsel.

What is bankruptcy?

Bankruptcy helps people who are struggling with debt due to a reduction or loss in income, who are no longer able to pay their debts, get a fresh start. Bankruptcy laws can help eliminates unsecured debt, such as credit cards, medical bills and others.  However, other types of debts such as secured debts, court ordered support payments, student loans and taxes may not be eliminated.  Bankruptcy laws also protect financially troubled businesses.

What is the difference between secured and unsecured debt?

Secured debt refers to an obligation that is backed by collateral (usually some type of property), either through a consensual agreement or involuntarily via a court judgment or taxation.

Unsecured debt is not tied to any type of property, and the creditor does not have a claim to their property.