There is no minimum amount of debt required to file a bankruptcy case. It's a matter of the benefit to you of filing, and that can only be determined by having a comprehensive consultation with a bankruptcy attorney in your area.
As for the cost, that depends on the complexity of your case, what chapter you're filing, and which attorney you choose. There is no fixed rate.
Most attorneys offer free initial consultations and will give a fee quote at that time.
Mark J. Markus, Attorney at LawCertified Bankruptcy Law Specialist--State Bar of CaliforniaHandling exclusively bankruptcy law cases in California since 1991.http://www.bklaw.com/bankruptcy blog: http://www.bklaw.com/bankruptcy-blog/Follow Me on Twitter: @bklawr
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