How Much Does it Cost to File Bankruptcy
$1500 or less. You can file now, and make payments on the $1500 after you stop paying all of the debt discharged in your bankruptcy. Most attorneys will tell you it depends on the complexity of the case. There is a little truth in that, but not much. Most Chapter 7 Bankruptcy cases are a lot like the next one. Usually the bankruptcy attorney is just trying to see if he can quote a higher rate. There are some costs involved in filing, but those should all be included in the price quoted. For example, don’t pay extra for the bankruptcy attorney to do a credit report. He/she would have to do that anyway. The most important thing is communication. Make sure your case will be filed almost immediately. A lot of bankruptcy lawyers will delay the case for months to collect documents. Filing a bankruptcy petition with the bankruptcy court should take about two hours and should be able to be scheduled within the week you call.
How do I Pay a Bankruptcy Lawyer when I Have No Money
A good bankruptcy lawyer should be able to file your case now and let you make payments on it later. Once you get rid of your debt, you should have money to make the payments. It is unreasonable to think that you have a bunch of money lying around but still want to file bankruptcy. Ask the attorney to file for zero dollars down. None of this paying the filing fee or paying the attorney’s fees up front. You should be able to file for a true $0 down.
How Do I File Bankruptcy
The first steps to filing bankruptcy are to take your first class. It is online and called the Creditor Counseling Class, or Bankruptcy first class. It should only cost a few dollars. The second step is to gather some documents. Bankruptcy requires a lot of documents. The main documents required to file are the last six months of your paystubs, the last three months of your bank statements, and the last two years of your taxes. There will be other documents requested by the bankruptcy trustee (the judge’s helper), but that will be after you file.
Do I File Chapter 7 Bankruptcy, or File Chapter 13 Bankruptcy
Chapter 7 bankruptcy is the traditional bankruptcy. You get rid of your debt (with notable exceptions like student loans or child support) and keep your stuff. This is filed by over 90% of people who declare bankruptcy. If you earn too much money, you might not qualify for a Chapter 7 bankruptcy. This is one of the reasons to file a Chapter 13 bankruptcy. If you make too much money, or have back payments on your house or car that you want to pay over a number of months or years, you might consider Chapter 13 bankruptcy.
