How much does a bankruptcy cost?

How much does a bankruptcy cost?

There is no doubt that a person files for bankruptcy when they are not in the best financial position.  Accordingly, a question that we are asked daily is “How much are bankruptcy fees.”  First, the court filing fees including credit counseling, debtor education and a credit report total about $400.00 for a Chapter 13 and Chapter 7 Bankruptcy.  In addition is the bankruptcy attorney fees.  The attorney fees at Sadek Law Offices, LLC cover fielding all creditor phone calls and written correspondence, assistance in gathering necessary documentation, answering all client bankruptcy related questions, preparation of the Bankruptcy Petition, attendance at a 341 Meeting and for a Chapter 13 Bankruptcy, representation throughout the confirmation process and hearing.  For the most simple Chapter 7 Bankruptcy cases, our law office charges a minimum of $1,250.00.  For a Chapter 13 Bankruptcy the fees are standardized by the United States Bankruptcy Court at $3,000.00 or $3,500.00, depending on the client’s income level.  However, our office generally requires half of the Chapter 13 fees up front.  To determine a fair and accurate attorney fee an initial in-office consultation is necessary.  At the initial consultation it is first determined whether a bankruptcy filing is most beneficial to the individual facing a financial hardship and thereafter which Chapter of Bankruptcy is the best fit for the client.  The complexity and amount of debt one is due and owing will assist in determining a more precise legal fee.  For an exact price on a bankruptcy filing and a payment plan to help make it affordable, you may contact our law office to schedule a FREE initial consultation.

If there are any general questions or topics you would like to read about relating to bankruptcy law in the Eastern Pennsylvania region, you may contact the Bankruptcy Lawyers at Sadek Law Offices, LLC at 215-545-0008 or 610-432-3111 or email brad@sadek-cooper-site. Thank you.

 

GET YOUR FREE CONSULTATION

superlawyers_badge

SEEWHAT OUR CLIENTS ARE SAYING

Doug Tinlin
Doug Tinlin
06:55 15 Feb 18
Brad Sadek gave me hope when he decided to handle my mortgage for enclosure defense. I had exactly 10 days left of the 30 days ultimatum given me, but he was able to bargain for an extra 30 days for me to pay up. That duration turned out just right.
Jacinth Jacinth
Jacinth Jacinth
16:07 31 Jan 18
Excellent service. Brad and Matt were outstanding and friendly. They helped me through this. I’ve never met attorneys like these. Thank you!
julie njoku
julie njoku
12:29 24 Jan 18
Brad Sadek is excellent!. He understands and he's fair. You feel like you have someone fighting for you. The staff is friendly, professional, and courteous. These guys are the best at what they do !
Owen Black
Owen Black
20:14 09 Jan 18
Thanks for the great service! I would recommend this firm highly. Throughout the years I have been helped by this firm greatly and very much appreciated.
Steven Rychalsky
Steven Rychalsky
15:30 09 Jan 18
Sadek and Cooper law office was a wonderful experience to work with. Bankruptcy is a difficult experience but they helped with the stress so much and made it easy. I would recommend Sadek and copper too anyone.
Chris Kourelias
Chris Kourelias
19:09 28 Dec 17
Working with both Brad & Matthew was a pleasure. Both gentlemen are extremely knowledgeable and helpful in providing me the right assistance needed to make the correct decision to benefit me in the long run. I would recommend both candidates to anyone looking for assistance with a reputable law firm.
Jennyfer Santana
Jennyfer Santana
21:17 21 Dec 17
Highly Recommended. Matt & Brad assisted with my case. I felt comfortable throughout the entire process. Matt was very understanding, patient, and ensured he answered all my questions! Both great guys and very friendly! It was a pleasure working with Matt and Brad.
See All Reviews Write a review
Call Us Now