How Much Does a Maryland Bankruptcy Attorney Cost?
If your financial situation is getting bleaker by the minute, it may be time to contact a Maryland bankruptcy attorney. But you may be wondering whether you can afford one. This article will explain the costs behind hiring a Maryland bankruptcy attorney. There are several factors that will impact the size of your legal bill, such as: • The billing method the lawyer uses • How much the lawyer charges within that billing method • How long it takes to wrap up your bankruptcy • The amount of associated legal expenses you incur when filing for bankruptcy The billing method a Maryland bankruptcy attorney chooses to use will have as much of an impact on cost as the rate he or she charges. Generally, bankruptcy lawyers in Maryland use one of two billing methods: an hourly rate, in which you pay for legal services by the hour, or a flat fee. Under either billing method, you will be responsible for other legal expenses related to handling your bankruptcy. Among these fees are: • Fees to the bank
