Fees – Chapter 7

Chapter 7

Chapter 7 Attorney Fees must be paid prior to filing.

If we were to finance our fees, then when our client filed bankruptcy, we would be a creditor whose claim would be eliminated by the bankruptcy,  obviously not a good business practice for us!  As important, it would be unethical, since then we would be representing a client against ourselves.  Clearly a conflict of interest.

Amount of Attorney Fees.

The fees we charge to handle a Chapter 7 depend on the complexity of a case.  Generally Chapter 7 attorney’s fees for a non-business case run from $1,265 to $2,000.   A very simple chapter 7 case might be as low as $1,000 (usually for someone with nominal income and nominal assets and a limited number of creditors) and a complex case involving different sources of income, businesses, numerous creditors, and other complex issues could require a retainer of $10,000 or more.  For that reason we do not provide fee quotes until an initial consultation is completed and the scope of the work required has been determined.

Chapter 7 Filing Fee

At the present time the Chapter 7 Filing Fee is $335 and usually must be paid at the time of filing.  In some cases the filing fee can be waived or paid in installments.   If however we are handling the case it is likely the fee must be paid up front.  This fee is in addition to the attorney’s fee.

Other Costs

All individual debtors must do “Credit Counseling” before filing and a “Debtor Education Class” after filing.   The authorized providers charge for these classes – usually $5 to $50 per class.   Some providers offer the clients of the firm a period of time for free or reduced class rates.  If we have some of those offers we try to let our clients know, so they may take advantage of such offers.

This page was last updated: April 17, 2014