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Why do attorneys charge $1,800 to $4,000 to file bankruptcy?

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Why do attorneys charge $1,800 to $4,000 to file bankruptcy?

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Attorney fees are completely unregulated in most states. Therefore, attorneys can charge whatever a client is willing to pay. Bankruptcy attorneys typically charge $300 or more per hour for their time, whether they are preparing bankruptcy documents, talking on the phone or driving to or from the bankruptcy court. Bankruptcy attorneys estimate that a typical bankruptcy case will take at least 2-3 hours of their time and then add on a few extra hours just in case they go into overtime.

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