Q.How much will filing for bankruptcy cost?

A.If you file a bankruptcy petition, you will incur certain costs that won’t be relieved by the bankruptcy. These include filing fees and court costs, as well as any attorney's fees. The costs vary depending on the complexity of you case. For a Chapter 7 individual case, attorney’s fees generally range form $900.00 to $1,500.00, and most attorneys will require the fee to be paid in advance. For a Chapter 13 case, the fees generally range from $1,500.00 to $2,500.00, but some firms may offer you a payment plan or a discount programs to fit your budget. In addition to the attorney fees, the cost of filing a Chapter 7 is $299.00. The cost of filing a Chapter 13 is $274.00. For more information on what going through bankruptcy might cost, consult an experienced attorney.

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