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How much does it cost to file bankruptcy?
A bankruptcy with Nationwide Legal Services P.A, can cost as little as $750 (plus the filing fee of $299 for a Chapter 7, or $274 for Chapter 13).
How much do attorneys charge for bankruptcy?The new bankruptcy law increases the amount and complexity of legal work required to prepare a bankruptcy petition and successfully complete a filing, and as a result, legal fees are higher than they used to be.
Also, the amount of work and fees will vary according to the debtor's income level. As a general guideline, a debtor below Florida's median income should not have to pay between $1,700 and $2500 in legal fees for a simple Chapter 7 bankruptcy.
The court charges a $299 filing fee, and there may be other costs for financial education required by the bankruptcy law. A debtor with income above Florida's median income will usually have to pay $300 to $500 more as additional paperwork is required.
Chapter 13 cases are more complicated, and legal fees are higher. Chapter 13 cases are more complicated, and legal fees are higher. judges expect and approve legal fees of approximately $3,500 (in addition to the filing fee) to file and complete a standard Chapter 13 case. If your Chapter 13 case involves a wholly-owned business, or other complicated legal issues, legal fees will be higher.
The good news is that most attorneys require a down payment of approximately $1,500 to $2,500 (plus the filing fee) to prepare and file a Chapter 13 case. The balance is paid through the Chapter 13 plan over a period of several months.
Chapter 13 cases are more complicated, and legal fees are higher.
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