Are you under a mountain of debt? Are bills pending, but you have no way to pay them off? Do you feel like you’re at the bottom of a deep pit with no way out, on the mental edge, terrified for your family and your property? What should you do? The answer is right in front of you. Find a bankruptcy lawyer.
How Will A Bankruptcy Lawyer Help?
The first thing most people think when it comes to filing bankruptcy is that it’s easy and takes a single plea. Throw that illusion aside. It’s complicated, involving complex reports, multiple fact checks, dozens of forms that need to be filled out and more. It can be hard to take care of alone. A bankruptcy lawyer knows exactly what to do, every step of the process. A bankruptcy lawyer is an expert in the field with experience in the necessary steps to filing. A bankruptcy lawyer will be able to develop the best plan for you, your finances, property and your family – you can get rid of some of the stress.
On top of getting your bankruptcy plea filed and completed, the right lawyer will also help manage your finances and get you on the right path. It’s important for you to know that once you are on the right path you must avoid getting into the same situation. Learn from experience and follow your lawyer’s advice. Try to understand your financial limits and then maintain them.
How Much Does It Cost To File Bankruptcy?
The fee for filing Chapter 7 bankruptcy (where some of your assets and property are liquidized in order to pay your debts) is $306. The fee for filing chapter 13 (where you more or less make a promise to pay your debts back) is $281. These rates are just for filing fees and does not take into account lawyer’s fees.
What Is The Cost Of Hiring A Bankruptcy Lawyer?
How long the process takes and how much work is involved for a lawyer is dependent upon what chapter your case falls under. A bankruptcy lawyer helping you with a chapter 7 bankruptcies can charge around $2,000 while one helping you file for chapter 13 can charge up to $5,000. But usually the upfront costs can be much lower (usually around $1,500 but that is really case by case) with teh remainder getting paid through the court.
It sounds expensive, but a bankruptcy lawyer will get you through this with much more grace and victory than you could on your own. Not only will one help relieve you of some of your stress and debts, but it can help to secure your family both in the present and future.
If you are thinking about filing for Bankruptcy contact us today for a FREE consultation.