What Does Filing Bankruptcy Cost?
You have the right to know how much it will cost to file bankruptcy. If you are over your head in debt, bankruptcy is likely going to be far more affordable than to remain in your current situation. We have payment plans and we will do everything we can to help you and your family. Below, find our commitment about fees:
- We keep our fees as low as possible.
- Provide transparency & honesty about fees.
- Help find creative ways to pay for services.
- Ensure that you receive the financial relief that you and your family need.
Cost of Chapter 13 Bankruptcy
Filing for Chapter 13 bankruptcy is pretty cut and dry. Courts within judicial districts have set guidelines for what Bankruptcy Attorneys can charge. (This means that bankruptcy law firms in our area will have similar charges.) Those charges, otherwise called attorney fees, are built into the Chapter 13 debt consolidation plan. Before filing bankruptcy, you should only be responsible to pay for court costs and small portion of the attorney fees. Pre-filing cost out of pocket should be less than $500. However, we always recommend asking for the exact amount while talking to your attorney in person.
Get your Free No-Obligation Consultation
If you’re considering filing bankruptcy, we expect that you’ll have many questions. The simplest and cheapest way to receive solid legal advice is to get your one-time, no obligation, and free consultation with a Debt Advisors attorney. During your consultation, we’ll gather general idea of your financial situation, and answer your questions about bankruptcy, including questions about what bankruptcy will cost.
If during this consultation you chose to hire a Debt Advisors bankruptcy attorney, the retainer fee can cost as little as $100.
Cost of Chapter 7 Bankruptcy
If you’re thinking about hiring a lawyer to file chapter 7 bankruptcy charges can vary much more than filing Chapter 13 bankruptcy. The differences in fees may depend upon the complexity and specific details of your case. Some larger firms may charge more to cover advertising, overhead, and experience level. In general, attorney fees for a Chapter 7 bankruptcy will range from $900 to $2,500. It is during your free consultation that more accurate costs can be determined.
Criteria To Choose Attorney
Choose your attorney based upon the combination of state bar qualifications, fees, bankruptcy specific experience, client reviews, convenience, your comfort-level with them. There are fraudulent businesses out there including law firms and non-profits. Be sure to get quotes during your first meeting. In a nutshell, bankruptcy lawyers in Wisconsin will expect a small retainer fee, then fees from that point will be charged either by the hour or as a flat rate per case. Often times, the attorneys who have flat fees will charge that for the bulk of the case, then charge hourly for additional required work.