Patenting a simple and straightforward invention could cost an applicant $5,000 to $7,000, with more complex designs costing more than $15,000. The average cost to patent a regular invention is $8,500. The simpler your invention, the less you will have to pay. A majority of the cost of patenting an invention goes to the attorney preparing your application.
A patent is an intellectual property right used by inventors to protect their creations. It allows the holder to prevent others from making, using, and selling their invention within the U.S. or importing their it into the U.S. This allowance usually lasts for 20 years after the patent application has been filed.
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 …