On average, filing for Chapter 7 Bankruptcy costs between $1,000 to $3,500 when you retain a bankruptcy attorney. Filing for Chapter 13 Bankruptcy tends to have a higher cost, from $2,500 to $6,000.
Filing bankruptcy can be a very confusing process. Hopefully, when you meet with an attorney he or she will be able to fully evaluate your case and ease your concerns. In order to get a full evaluation, it is important to give the attorney a complete snapshot of your current financial situation. The following items […]
Chapter 11 of the United States Bankruptcy Code regulates the reorganization of businesses that face significant amounts of debt. The rationale behind it is to save a potentially profitable business from foreclosure while meeting the demands of its creditors
When someone files for bankruptcy, they receive what is called an automatic stay. The automatic stay is a powerful tool which prevents creditors from collecting debts from the bankruptcy estate while the bankruptcy is in progress. For example, a creditor might be threatening to repossess your car because of your failure to pay a car […]
This article will cover the basics of attorney fees for Chapter 13 bankruptcy. In a previous article, we covered the basics of attorney fees for Chapter 7 Bankruptcy. Many of the same things that we said about the economics of Chapter 7 also apply to Chapter 13. That is to say, Chapter 13 Bankruptcy is […]
This article will give you a background on attorney fees for Chapter 7 Bankruptcy. In another article, we will provide some information about attorney fees for Chapter 13 Bankruptcy. Some attorneys price their services on an hourly basis, while others price their services as a flat fee. Most of the time, when attorneys are working […]
If you’re considering bankruptcy, then you probably don’t have a ton of money to burn to hire a lawyer. Given this, it’s mission critical that you understand how bankruptcy attorneys price their services, and find a lawyer who fits within your budget. The goal of this article is to provide you with this knowledge by […]