Does anyone know how much it costs to file bankruptcy?

Answer 1

There are lawyers that advertise $200 in classifieds and some websites.

Here is a free evaluation tool..not sure of their filing charge tho

http://www.bankruptcyhome.com/bankruptcy101.htm?bk=1


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Answer 2

The filing fee for a Chapter 7 bankruptcy is $299. Most of the other attorneys I know charge at least $1200 because of all the additional work that is required under the new laws. Chapter 13 bankruptcy fees are usually set according to local court rules and can be paid over time.

Answer 3

Chapter 7 Bankruptcy is when you have all your debts forgiven (those you choose to submit). In most cased you can protect your car and house (and keep making payments). This usually costs around $600-$1000...depending on where you live. You can find cheaper, but remember...you get what you pay for. Chapter 13 costs more because it is not total elimination of debt, but a structured payment set up by a trustee, with the help of your lawyer. Since this is usually paid over a 2 to 3 year period the lawyer has to be available for guidance if need be and they charge between $1200 and $1700. Most tiimes you pay ten cents to 30 cents on the dollar(on an agreed upon amount) monthly and it is taken directly out of your work checks or you pay via money order.

Court fees are usually around $275.00

Answer 4

I had a friend that recently filded for a Ch. 7 bankruptcy. The lawyer charged $750 for filing fees. But the real cost, as I have learned from her, is the emotional toll the whole process takes. Not to mention the inability to get credit right away. She just now qualified for a JC Penney credit card. The bankruptcy happened two years ago.

Answer 5

In your case this site can be very helpful LOANSVAULT.NET-

RE Does anyone know how much it costs to file bankruptcy?

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Answer 6

I wouldnt file unless it was the last option. Get these programs they have helped me. Coming Back Strong Financially. you can get them online. same name small letters dot com. I have used them and I would recommend them to anyone who has credit and debt problems. I got them for my daughter too who has gone through bankruptcy. I would get them before I filed and use them to help your problems. If a man who lost everything can come back from it all with great credit you can too. I have come a long way since I got them.

Answer 7

A lawyer will charge perhaps $1,000. The new Bankrupcty Act requires a lot of work.

You also need CREDIT COUNSELING from an approved provider before filing.

And you have to pay court fees: $274.

Answer 8

Go to www.lawyers.com to search for bk lawyers in your neighborhood. Call 3-4 to compare prices. Depending on the city you live in they should be around 500-800 dollars. Hope the information helps. Good luck.