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Bankruptcy Law

How much does bankruptcy cost?

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Answered 2007-05-14 00:15:36

There are generally three fees you have to pay to file bankruptcy: your attorneys fees, the court filing fee, and the credit counseling fee. The filing fee for a Chapter 7 is currently $299 as of 5/13/07, the credit counseling fee (which you pay to an online credit counseling provider to get a certificate required for filing bankruptcy) costs from $35 to $75 (go as cheap as you can find, there is no difference among the providers), and the attorneys fees average around $1,500 across the country but vary from region to region and from case to case depending on the complexity of the case. Please note that nothing in this posting or in any other posting constitutes legal advice; this is simply my understanding of the facts and law, which I do not warrant, and I am not suggesting any course of action or inaction to any person. Speak to a lawyer for specific advice. If you have any questions, please refer to a lawyer in your jurisdiction. Thanks!

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Related Questions

What questions are asked when a person files for bankruptcy?

How will this affect my credit score? How much does it cost? What can I declare in the bankruptcy? How long will it take?

How much does a bankruptcy cost in Florida?

Around 2,000 for the attourney and court fee's.

How much does bankrupcy cost?

The main cost with filing for bankruptcy is hiring an attorney. There are additional fees for filing, but an attorney is the big one.

How much would your payments be on chapter 13 bankruptcy on 100 000?

A chapter 13 bankruptcy on 100,000 dollars would cost around 500 dollars a month. This estimated on how much stuff a person has.

How much does it cost to file for consumer bankruptcy?

Filing for Chapter 7 Consumer Bankruptcy, the most common type of Consumer Bankruptcy, costs an average of around $1500. Filing for Chapter 7 Consumer Bankruptcy is so expensive that many people can't even afford it.

How much does bankruptcy cost in Texas?

2000 to 3500k. Plus some other fees in the 200 dollar range.

How much would a bankruptcy lawyer charge for complete bankruptcy services - from start to finish?

While fees vary, on average, the cost for a bankruptcy lawyer should be between $1,000 and $2,000. Many bankruptcy lawyers offer free initial consultations, too, where you can find out what their exact fee is.

How much should it cost to file bankruptcy in Florida?

The average cost to file for Chapter 7 in Florida ranges from $245 to $307, and Chapter 11 is $1,167.

What does it cost to file for a bankruptcy?

4600 dollars

How much does it cost to file personal bankruptcy?

A couple hundred collars. It depends on the type of bankruptcy (chapter 7 or chapter 13). The costs ranges from $1300 - $5000 depending on the Law Firm.

How much does a bankruptcy attorney cost in Dallas?

The cost will depend on which type of bankruptcy you are filing. It costs less to file chapter 7, between $950 - $1,400. Expect to pay your attorney more if you are filing chapter 13: around $1,800 to $2,400. Most lawyers will offer a free consultation where they will talk about how much they charge.

Since their clients don't tend to have much money, how do bankruptcy law firms make money?

It costs money to file for bankruptcy. Usually the cost is added on as a credit towards your debt when you file. this site here will give you more information on bankruptcy

What does it cost in legal fees when filling chapter 7 bankruptcy?

The cost of filing fees in a Chapter 7 bankruptcy will vary with each state. On average, the filing fees are about $300.

On average how much does a bankruptcy attorney cost?

On average, a bankruptcy attorney costs approximately 2,000 to 3,000 dollars for 3 to 5 years. Of course that depends on the person. The average is nation wide in the United States. That's not as much as in other counties like England where the price is much higher.

How much does it cost to file chapter 7?

The cost to file Chapter 7 will vary depending on the type of bankruptcy. Chapter 13 costs $281. Chapter 7 costs $306.

At gamecrazy how much will saints row 2 cost?

All of GameCrazy's locations have closed after parent company Movie Gallery's bankruptcy and liquidation.

How much did food and goods cost in England during World War 2?

Because of the near bankruptcy of Britain, the price of food and other goods may very will have cost a small fortune.

Where can you get free chapter 7 bankruptcy information in the state of Minnesota?

Use this FREE ""Do it Yourself"" Bankruptcy Site to see filing bankruptcy is the right solution for solving your personal debt problems.Filing bankruptcy is perhaps the most difficult decision you'll ever make! I'm sure you have many questions about filing bankruptcy. Questions like, ""Am I qualified to file bankruptcy"" , ""How hard is it to file on my own bankruptcy"", ""How much does it cost"" and the most important question of all; ""Can I file my own bankruptcy without an attorney?"" Get answers to these questions and over 40 more with our in-depth FAQs. Select the bankruptcy chapters' links on the left.

How much does it cost to clean a CD in Gamecrazy?

They no longer are open. All of GameCrazy's locations have closed after parent company Movie Gallery's bankruptcy and liquidation.

How much does it cost to get a game buffed at gamecrazy?

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Are you bondable in Ontario if you claim bankruptcy?

According to bankruptcy Canada site, you are bondable during bankruptcy, may cost more during prior to being discharged to be bonded, depending on the agency used for bonding.

Can a spouse be reimbursed for debts that were discharged in bankruptcy as part of the dissolution of marriage terms?

Not if the debts were actually discharged in the bankruptcy. In regards to the cost of the bankruptcy if the couple were still legally married then that too is not recoverable.

How does a business choose reputable bankruptcy attorneys?

A business usually chooses a bankruptcy attorneys using these 5 methods. Businessmen usually get referrals from close business associates, set up consultations, ask attorney for how much the full bankruptcy will cost, follow your gut feeling and pay the required retainer to your attorney.

Does it cost a lot of money to file for bankruptcy?

chapter 7 $1800

What is the average cost to file bankruptcy in Iowa?

roughly around 1,500

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