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Are bankruptcy attorney fees deductible on the tax return?

Updated: 8/17/2019
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15y ago

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No, but you may accidentally have come up with a new meaning for "chutzpah."

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15y ago
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Q: Are bankruptcy attorney fees deductible on the tax return?
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Homeowner association fees are NOT deductible on the individual taxpayers 1040 income tax return.


Are attorney fees deductible on the tax return?

If as part of an endeavor to make income, yes, like any other business expense. If for criminal, divorce, family, etc. needs, No.


Can my attorney's fees be placed on my bankruptcy?

Bankruptcy attorneys will collect all money due to them prior to them filing the bankruptcy case in court because uncollected fees will be discharged. If you're talking about unpaid attorney's fees for other legal matters, they will be discharged, unless the attorney has had you sign a lien on real estate or other collateral which has been perfected as required by state law.


Can home owners association fees be included in a bankruptcy?

Your bankruptcy attorney can help you decide what to include in your filing petition.


Can YOU add atty fees to a chapter 7?

You can add attorney fees for services rendered that are due and owing to an attorney. i.e. you owe a family law attorney $3500 for a divorce that he handled for you and you can't make that payment or payments to your other creditors and decide to file bankruptcy, you can discharge the fees owed to him. If your bankruptcy attorney has even an ounce of bankruptcy knowledge he will have you pay him in full before filing your petition as any fees owed pre-petition (that is, before the case is filed) are discharged.


Can I claim bankruptcy on Lawyers fees i owe?

As a general rule of thumb yes you can. Lawyer fees are also tax deductible.


Are outstanding attorney fees dischargeable?

AnswerAttorneys fees do not receive any special treatment and are dischargeable in bankruptcy. They may receive special treatment where they were awarded as part of a divorce or separation agreement. If the attorneys fees are found to be in the nature of a support obligation then they will not be discharged as part of the bankruptcy.


Why would a bankruptcy attorney turn down your case with no explanation?

1) because it is too complex for him, or 2) the attorney does not believe the client will not be able to pay legal fees.


Can you pay bankruptcy fees in instalments if so how?

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Are private school fees tax deductible in Australia?

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How much a bankruptcy lawyer will charge you to file bankruptcy?

A rough estimate is around $700-$1000 in total-that would include fees and everything. But attorney costs do vary greatly.


What is the average attorney cost for a bankruptcy filing?

The average here is the Central District of California is about $1,500-$2,500 for chpt. 7 and $3,500 for a chpt. 13