One of the most expense costs of filing a personal bankruptcy is hiring a bankruptcy lawyer. If you have a simple no-asset case you may be able to do it without the assistance of a bankruptcy attorney, but most filers will need legal assistance.
Costs for Filing a Chapter 7 Bankruptcy
- Filing fee of $335 - Filing fee may be waived or a payment plan allowed if you can demonstrate to the court that your income is 150% below the poverty level.
- Counseling Course $15- $70
- Financial Management Course $15- $70
One of the most expense costs of filing a personal bankruptcy is hiring a bankruptcy lawyer. If you have a simple no-asset case you may be able to do it without the assistance of a bankruptcy attorney, but most filers will need legal assistance.
Bankruptcy lawyers may charge as little as $750 for a simple, Chapter 7, no-asset case. But they will expect full payment before they file the bankruptcy petition. Hiring a lawyer for a chapter 13 bankruptcy will be more expensive but the bankruptcy attorney may allow you to include the payments in your bankruptcy plan.
These costs were pulled in 2011. Costs may have changed slightly since then. If it makes sense for you to file bankruptcy with the assistance of an attorney, please complete our free, no obligation, evaluation form.
More Help on How much does Chapter 7 bankruptcy cost?
- Bankruptcy Costs 2015 - Filing bankruptcy can be expensive. Although filing without a bankruptcy attorney is the least expensive method, this may not be the best option if you have assets you need to protect. - read more
- How much does filing Chapter 13 cost? - For full details of costs for Chapter 13 you should always consult with a bankruptcy attorney, as costs could update at anytime. Complete our free, no obligation, form today. - read more
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