Bankruptcy Attorney—Fresno, Merced, Madera, Clovis, Visalia
- Are you overwhelmed with debt?
- Is your house at risk of foreclosure?
- Do you get harassing calls from creditors?
You’re not alone. Many people in Fresno, Merced, Clovis, Visalia, and surrounding communities and throughout Fresno, and Merced counties are feeling the effects of the recession and this bad economy. The good news is you’re not alone—you have options. Expert counsel from an experienced bankruptcy attorney can help you navigate the bankruptcy process and ensure a positive outcome, giving you the opportunity to rebuild your life and financial future.
Gurjit Srai, Attorney at Law, is an experienced bankruptcy lawyer based in Fresno who has helped many people and small businesses get debt relief from creditors, and make a fresh start.
Call Us Today
Fresno (559) 449-1447
For a complimentary phone consultation
Why you should work with an Experienced Chapter 7 Bankruptcy Lawyer
In these uncertain economic times, many people in Fresno, Visalia, and Clovis are discovering that it is impossible for them to overcome the debt they have accumulated, and are considering declaring bankruptcy. Although seeking bankruptcy protection is not right for everyone, it has helped millions of Americans struggling with debt to find a path to a brighter financial future. An experienced bankruptcy lawyer can be your lifeline, guiding you through the process to a successful outcome when you have nowhere else to turn.
Srai Law Office is Here to Help
At Srai Law Office, located in Fresno, CA, we understand the anxiety and stress you have been under in trying to cope with the challenges of mounting debt that you are unable pay back. Attorney Gurjit Srai is ready to help you get started today and can assist you with the bankruptcy process, whether your situation is caused by extended loss of income, a significant growth in debt, a decline in your home or property value, a business failure, investment capital loss, or family illness.
Providing bankruptcy help is about more than debt relief. Mr. Srai takes seriously his commitment as a bankruptcy lawyer to offer effective, ethical legal advice that enables his clients in Fresno, Clovis, Barstow, Sanger, Madera, Fowler, Kingsburg, Reedley, Kerman, Merced, Tulare, Chowchilla, Selma, Hanford, Coalinga, Los Banos, Firebaugh, Mendota, and Visalia to keep their financial independence, reputation and self-respect, even when faced with harassing phone calls, liens, garnishments, foreclosures, and more.
An Attorney in Stockton that truly Understands the Bankruptcy Process
Attorney Gurjit Srai provides services for both Chapter 7 and Chapter 13 bankruptcy, and will help you decide which is right for you. As an experienced bankruptcy attorney located in Fresno, Mr. Srai will explain the benefits and drawbacks of bankruptcy and how to manage each step of the process to your advantage.
A bankruptcy lawyer can also assist you in properly filing initial bankruptcy paperwork. This is vitally important in order to obtain an automatic stay that will provide at least temporary debt relief by preventing creditors from collecting.
Mr. Srai’s extensive experience as a bankruptcy lawyer serving individuals and small businesses in Fresno also includes negotiating with creditors to arrive at payment plans that serve his clients’ interests.
There are two types of bankruptcy classifications for individuals, Chapter 7 and Chapter 13. Depending on your circumstances, your attorney from Srai Law Office will recommend the most appropriate path that will best suits your needs.
Chapter 7 Bankruptcy
Also called liquidated bankruptcy, Chapter 7 bankruptcy eliminates credit card debt and most other unsecured debts such as telephone bills or lines of credit. Chapter 7 allows an individual to retain his or her exempt assets. It is important to use all available exemptions to ensure that your property is protected from being seized to pay off creditors. A knowledgeable bankruptcy lawyer can help determine which assets are exempt from liquidation and explain other benefits of filing for Chapter 7 bankruptcy.
Meeting the criteria for Chapter 7 bankruptcy is more difficult than for Chapter 13 and includes a means test to determine if you have enough disposable income to repay debts. An experienced bankruptcy lawyer can guide you through the process.
People with substantial non-exempt assets may have to turn over some of their property to the Trustee. A Trustee takes possession of any non-exempt property and pays creditors by liquidating those non-exempt assets. But most people have few non-exempt assets. Your lawyer can work with the Trustee.
Attorney Gurjit Srai will help you claim the correct property exemptions under State or Federal law that will help protect your assets and we will advise you if we see issues with assets that cannot be protected.
Chapter 13 Bankruptcy
Chapter 13 bankruptcy is designed for individuals with a regular and stable source of income who are temporarily unable to pay their debts but who desire to use their best efforts and good faith to pay them in installments over a period of time subject to the protections afforded by the Chapter 13 bankruptcy rules. You are only eligible for Chapter 13 bankruptcy if your debts do not exceed certain dollar amounts set forth in the Bankruptcy Code. Attorney Gurjit Srai can walk you through the process of determining whether you qualify for Chapter 13 bankruptcy protection or not.
This form of bankruptcy allows an individual to set up a three-to-five year plan for debt repayment. Many individuals who do not qualify for debt relief under Chapter 7 may qualify for Chapter 13 bankruptcy.
Your bankruptcy attorney will advise you that filing for either type of bankruptcy hurts your credit score and makes obtaining credit very expensive, if not impossible. Chapter 7 bankruptcy remains on a credit report for 10 years; a Chapter 13 filing remains on a credit report for at least seven years.
Professional, & Empathetic Chapter 7 & 13 Bankruptcy Lawyer in Fresno
Mr. Srai is a member of the American Bankruptcy Institute, an organization of bankruptcy attorneys and other professionals that performs research and educates the consumer public on insolvency matters.
Do you have more questions about Chapter 7 or Chapter 13 bankruptcy classifications? Call lawyer Gurjit Srai at (559) 449-1447 to schedule a consultation in our Fresno office with a bankruptcy attorney who will act as a true partner throughout the proceedings.
Attorney Gurjit Srai serves people needing debt relief through bankruptcy protection across the Central Valley, including the communities of Fresno, Clovis, Barstow, Sanger, Madera, Fowler, Kingsburg, Reedley, Kerman, Merced, Tulare , Chowchilla, Selma , Hanford , Coalinga , Los Banos, Firebaugh, Mendota, Visalia.
Fresno is a city in central California, United States, the county seat of Fresno County. As of the 2010 census, the city’s population was 510,365, making it the fifth largest city in California, the largest inland city in California and the 34th largest in the nation. Fresno is located in the center of the San Joaquin Valley of Central California, approximately 200 miles (322 km) north of Los Angeles, and 170 miles (274 km) south of the state capitol, Sacramento. Metropolitan Fresno has a population of 1,107,416. The name Fresno is the Spanish language word for the ash tree, and an ash leaf is featured on the city’s flag.
Visalia is a central California city situated in the heart of California’s agricultural San Joaquin Valley, approximately 230 miles (370 km) southeast of San Francisco and 190 miles (310 km) north of Los Angeles. The population was 124,442 at the 2010 census. Visalia is the 44th largest city in the state of California and the 201 largest in the United States. Often referred to as the Gateway to the Sequoias, Visalia has an estimated population of 125,921 and spans over 28.6 square miles (74.1 km2) in Central California. Its inhabitants are known as “Visalians”. In 2007, Visalia was named the 3rd fastest growing city in California and 19th fastest growing city in the U.S.
Clovis is a city in Fresno County, California, United States, northeast of Fresno. The population of Clovis is estimated to be 97,218 as of September, 2011. Clovis is located 6.5 miles (10.5 km) northeast of downtown Fresno, at an elevation of 361 feet (110 m).
Merced is a city in, and the county seat of, Merced County, California in the San Joaquin Valley of Northern California. As of the 2010 census, the city had a population of 78,958. Incorporated in 1889, Merced is a charter city that operates under a council-manager government. It is named after the Merced River, which flows nearby. Merced, known as the “Gateway to Yosemite,” is less than two hours by automobile from Yosemite National Park to the east and Monterey Bay, the Pacific Ocean, and several beaches to the west. The community is served by the rail passenger service Amtrak, a major airline through Merced Regional Airport, and three bus lines. It is approximately 110 miles (180 km) from Sacramento, 130 miles (210 km) from San Francisco, 45 miles (72 km) from Fresno, and 270 miles (430 km) from Los Angeles.
Madera is a city in and the county seat of Madera County, California, United States. It is a principal city of the Madera–Chowchilla Metropolitan Statistical Area, which encompasses all of Madera County, and Metropolitan Fresno. It is located in California’s San Joaquin Valley. As of the 2010 census, the city’s population was 61,416, up from 43,207 at the 2000 census.
Hanford is an important commercial and cultural center in the south central San Joaquin Valley and is the county seat of Kings County, California. It is the principal city of the Hanford-Corcoran, California Metropolitan Statistical Area. which encompasses all of Kings County, including the cities of Hanford and Corcoran.