Affording your Bankruptcy

YOUNG-COUPLE-FINIANCIAL-TROUBLE

Fee Structures:

How much will filing bankruptcy cost?

Based on our 38 years of experience, we simply cannot quote a price until we have had an opportunity to fully evaluate YOUR needs and YOUR solutions. Therefore, we offer a FREE one-hour consultation with the most experienced and only certified consumer bankruptcy attorney in Worcester County to answer your extremely important questions.

Armed with your input, a FREE 4-BUREAU CREDIT REPORT, our title evaluation of your real estate, as well as an analysis of the value of your vehicles, and other assets, we will be able to fashion your personalized solution to your very trying circumstances. At the end of the FREE one-hour consultation, we will then provide you with a written quote for the cost of representing you. Shortly thereafter, we will also provide you with a personalized initial debtor conference letter which outlines the nature of YOUR NEEDS and the proposed SOLUTION AND THE COSTS INVOLVED.

On most simple cases with initial retainers and payment plans, we offer rates that are within your budget.

CHAPTER 7 FEES (These fees are dependent on your circumstances and liable to be adjusted to meet your ability to pay them):

A SIMPLE CHAPTER 7 Flat Fee for legal fees for a SINGLE PERSON:
$2,000
A SIMPLE CHAPTER 7 Flat Fee for legal fees for a MARRIED COUPLE:
$2,000
Bankruptcy Filing Fee:
$335
Declaration of Homestead Recording Fee (if necessary):
$35
Independent Real Estate Broker’s Price Opinion (if necessary):
$160
Use of the “BEST CASE”® computerized program to prepare your personalized Schedules of assets and debts, Statement of Financial Affairs, Statement of Intention, Statement of Current Monthly Income, and Creditor Matrix:
$25
The required Credit Counseling course:
$36/per person
The required Financial Management course:
$24/per person
Out of pocket costs (mailing, making photocopies and faxing):
$100

A COMPLICATED CHAPTER 7 OR 13 will require an initial down payment dependent on your circumstances to get YOUR SOLUTION. We have flexible payment plans based on YOUR BUDGET. If you choose to file bankruptcy, you will have discharged all of your credit card debt and other unsecured debt with reasonable fees, making these payments affordable. Because of our expert service, you will be in the best possible position to ensure YOUR BEST POSSIBLE SOLUTION.

CHAPTER 13 FEES:

A Chapter 13 fee for legal fees a SINGLE PERSON:
$4,000
A Chapter 13 fee for legal fees for a MARRIED COUPLE:
$4,000
Bankruptcy Filing Fee:
$300
Declaration of Homestead Recording Fee (if necessary):
$35
Independent Real Estate Broker’s Price Opinion (if necessary):
$120
Use of the “BEST CASE”® computerized program to prepare your personalized Schedules of assets and debts, Statement of Financial Affairs, Statement of Intention, Statement of Current Monthly Income, and Creditor Matrix:
$25
The required Credit Counseling course:
$36/per person
The required Financial Management course:
$50/per person
Out of pocket costs (mailing, making photocopies and faxing):
$100

Future fees in the Chapter 13 will be governed by the Bankruptcy Court and will be paid as part of the Plan (for a further explanation, see our Frequently Asked Questions section).