How much does it cost to file for bankruptcy?
Bankruptcy does not need to be out of your financial reach. At the law office of Jeffrey A. Koons, we offer an affordable rate. It is important to note that while some firms charge a lower price upfront, they often fail to disclose all the fees they will add later. At our office, you know exactly what you’re going to pay from the beginning.
The court filing fees are $299 (Chapter 7), $274 (Chapter 13) and $1,039 (Chapter 11). Prior to filing, individuals need to complete a credit counseling course and prior to receiving a discharge in Chapter 7 or 13 individuals need to complete a personal financial management course. The cost for those two courses is approximately $70-$100. In addition, you should consider hiring an attorney. In today’s complicated bankruptcy process, hiring a competent bankruptcy attorney will increase your chances of completing the process successfully.
On average, it will cost about $200 to file for bankruptcy. The costs for hiring an attorney vary, but many bankruptcy lawyers will give you a free initial consultation. Back to Top Once your bankruptcy proceeding is complete, you will be given a “fresh financial start.” The court order will end your responsibility for dischargeable debts. Contact the Massachusetts Bankruptcy Lawyers of Klein & Miller to help you objectively review your situation, and if need be prepare your bankruptcy forms, attend meetings with your creditors and serve as your advocate with the judge, trustee and creditors. If you are unable to manage your bills, call an attorney to learn more about your rights as a debtor. Call an experienced bankruptcy attorney now: (800) 313-5741 info@massachusetts-bankruptcy-lawyers.
Filing the documents for a chapter 7 bankruptcy costs around $300. Lawyers fees may also cost anywhere from $1,000 to $2,000, with a free initial consultation. Some debtors choose to represent themselves, which is possible with a great deal of preparation and organization, but some states require that debtors hire a lawyer to represent themselves at the 341 meeting.
