QUESTION

How much does it cost to file for bankruptcy?

Asked on May 22nd, 2012 on Bankruptcy - Florida
More details to this question:
How much Does it cost and which chapter do I need to file
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14 ANSWERS

Bankruptcy Attorney serving Kalamazoo, MI at Debt Relief Law Center
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Chapter 7s prices vary from office to office. The filing fee is $306. Attorney fees can range from a low of $500 to $1,200 or more. Shop around for sure.
Answered on Jun 07th, 2012 at 2:18 PM

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Bankruptcy Law Attorney serving Austin, TX at Law Office of Susan G. Taylor
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No one could tell you which chapter to file without knowing more or set a fee. Mine range from $1,000 to $1,700, depending on complexity, plus the court's filing fee & small counseling fees.
Answered on Jun 06th, 2012 at 11:18 PM

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The filing fee to file for bankruptcy is currently $306. You can file for Chapter 7 if there is no assets that the creditors can seize or you can file for Chapter 13 if you want to keep possession and pay your creditors over 3-5 years.
Answered on Jun 06th, 2012 at 8:56 PM

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Securities Attorney serving Rochester, MI at Olson Law Firm
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The filing fee is $299. You also need to budget your pre-filing educational course and your post filing educational course. The prices for those vary between $50 and $100 or so. Then you need to budget for the attorney's fees and costs. Attorney's fees vary widely depending on the firm and the kind of case you file. You need to discuss your situation with a bankruptcy attorney in order to figure out which, if any, chapter is right for you.
Answered on Jun 04th, 2012 at 10:10 AM

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Bankruptcy Attorney serving Beverly Hills, CA
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Here is some information about the costs to file different types of bankruptcy proceedings. All of this information is from the fees page of my website, www.bankruptcypower.com : My Fees I handle all Chapter 7 bankruptcy cases on a flat fee basis. My fees for a Chapter 7 range from a minimum of $1,500.00 to a maximum of $5,000.00, depending on the complexity of the case. My median fee for a Chapter 7 is $2,000.00. My flat fee covers many things that paralegals cannot do, and other bankruptcy attorneys charge extra for. Half of the fee is due when you hire me, half is due immediately before filing of the bankruptcy petition. All costs are included except the Bankruptcy Court filling fee, which is $306.00 for a Chapter 7 and $281.00 for a Chapter 13. I typically charge $4,000.00 for a Chapter 13 bankruptcy case for debtors who work for a company, and $4,500.00 for debtors who are self-employed, though complicated cases may involve additional fees. I typically ask my clients to pay me $2,000.00 before the filing of the Chapter 13 petition, with the balance of my legal fees being paid through the Chapter 13 plan. This allows my Chapter 13 clients to file bankruptcy and save their homes without having to pay me the entire legal fee before the filing of the bankruptcy petition. Regular wage earners who are able to make regular plan payments but do not have money for a retainer may qualify for my special no money down Chapter 13 plan. This lets my clients file Chapter 13 bankruptcy by paying only the court filing fee of $281.00 prior to filing bankruptcy. All legal fees are paid to me through the plan. Adversary Proceedings and Motions are handled either on a flat fee basis or an hourly basis, according to the preference of the client. Chapter 11s are handled on an hourly basis. My hourly rate is $450.00/hour. The hourly rate for my Senior Associate Attorney Georgeann Nicol is $375.00/hour. The hourly rate for my Chapter 13 Associate Attorney Sofya Davtyan is $300.00/hour. The hourly rate for my midlevel Associate Attorney Alex Shekarchian is $300.00/hour. The hourly rate for my Junior Associate Attorneys Renee Linares, Ori Blumenfeld, Minha Rhee and Sheila Esmaili is $250.00 hour. The hourly rate for my law clerks and paralegals is $200/hour. These rates are substantially less than those charged by other bankruptcy attorneys with similar experience. Unlike other attorneys, I never raise my hourly rates in the middle of a bankruptcy case. Chapter 11 business reorganizations are billed hourly, with a typical retainer of $20,000.00 for an individual or small business Chapter 11. The filing fee for a Chapter 11 is $1,046.00.
Answered on Jun 04th, 2012 at 10:00 AM

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Filing fees are $281 for a chapter 13 and $306 for a chapter 7. Attorney fees will vary from a low of about $1000 for the simplest chapter 7 to the sky is the limit for a complex chapter 13. Which chapter you file depends on the nature of your financial position and no realistic comment can be made without some detail. In California, about 80% of consumer cases (as opposed to business cases) are chapter 7 and the rest chapter 13.
Answered on Jun 02nd, 2012 at 11:49 AM

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Bankruptcy Attorney serving Phoenix, AZ at Law Office of D. L. Drain, P.A.
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Bankruptcy is a very complicated process. It is wise to talk to an experienced bankruptcy attorney before deciding to take this important step.
Answered on Jun 02nd, 2012 at 11:48 AM

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Norman Linder Hull
The cost of a bankruptcy depends on how complex it is and what Chapter is appropriate. You need to actually consult with an attorneynot a petition preparerto determine what is appropriate for you and how much it will cost.
Answered on Jun 01st, 2012 at 6:29 PM

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General Practice Attorney serving Woburn, MA at AyerHoffman, LLP
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You should consult with a bankruptcy attorney to determine if bankruptcy is appropriate for you and, if so, which Chapter. There are many factors which go into determining the right Chapter. Look for an attorney who will give you a free consultation. Many of us do. The cost of the bankruptcy will depend largely on which Chapter you file and the complexity of your financial situation. Filing fees with the Bankruptcy Court run in the neighborhood of $300. Attorney fees can range from$500 to $3,500 and beyond.
Answered on Jun 01st, 2012 at 6:28 PM

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Commercial Bankruptcy Attorney serving Davie, FL at Law Office of Jeffrey Solomon
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There is a range of fees. You could file chapter 7 or 13. There are numerous issues that you should discuss with an attorney as to which to file. You should be able to obtain a free consultation.
Answered on Jun 01st, 2012 at 6:27 PM

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Criminal Defense Attorney serving Deltona, FL at R. Jason de Groot, P.A.
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No one can advise you which chapter to file without knowing your financial circumstances. You may be able to file chapter 7, if you have income of less than a certain amount for the size of your family, it's a little over $40,000 for an individual with no dependants. The clerk's fee is around $300. The attorney's fees depend upon the type of case, 13 being more expensive. I have seen ads for attorneys doing chapter 7 for less than a grand.
Answered on Jun 01st, 2012 at 6:26 PM

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That depends on the complexity of your case and the Chapter of Bankruptcy you are filing under. A competent bankruptcy attorney should be able to give you a good estimate of what your case might cost after a ten minute conversation.
Answered on Jun 01st, 2012 at 6:26 PM

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Bankruptcy Attorney serving Overland Park, KS at The Smalley Law Firm, LLC
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The Court filing fees are around $300, depending upon which chapter you file. I suggest you consult with an attorney to discuss the specific details of your situation to determine which chapter is right for you.
Answered on Jun 01st, 2012 at 6:22 PM

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Milton Toro Marquez
In order to answer the first question relating to cost, it depends on which attorney you contact. Our office is currently charging $999.00 plus filing fee. The filing fee can be paid in 4 installments upon court approval. With regards to which chapter, it would depend on several aspects. Some aspects include, but are not limited to, the amount of income you have, the amount of assets you have, and the types of debt you have.
Answered on Jun 01st, 2012 at 6:22 PM

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