Filing Bankruptcy in the San Gabriel Valley and other areas in Los Angeles is a process that is doable, but it is often difficult for most people to find out how much it actually costs. You have to remember that there is a difference between fees and costs. Costs are what an attorney pays out, and get nothing out of it personally. For example, if you want to file a Chapter 7 Bankruptcy, the cost of filing as of April, 2010 is $299. If you want to file a Chapter 13 Bankruptcy, the cost is $274.
So, what are some additional costs you can expect? Credit Counseling is a requirement of all inidividuals filing Bankruptcy. There are two parts to this requirement. First, you must do a Pre-Petition Counseling Session, which costs on-line anywhere from $15-$45. Secondly, after you file, and after you have a Creditor Meeting, you have to have another Counseling Session, which typically costs less, usually between $10-$25.
How about running a Credit Report? At the Law Offices of Frazee/ Laron, for about $40 we can actually order a Credit Report electronically and have it imported directly into your Bankruptcy Petition, which is a bonus for ensuring accuracy and completeness. Otherwise, a debtor can get their own as well.
Delivery to the Court can cost up to $100 or more with some services, not to mention costs involved in mailing various information to Creditors every time your case is changed. In our firm, we file electronically which reduces these costs and save the Bankuptcy filer more money.
Legal Fees vary even more. It really isn't fair to quote a "one price fits all" amount because cases very greatly in complexity and in the likelihood of a creditor getting involved to make things more difficult. However, as an experienced Bankruptcy Attorney in Pasadena, I can give you a fair price quote depending on your particular circumstances. With a free consultation, is obviously worth your time to come in and talk about how you can rid yourself of credit card debt, depressing home loans, medical bills, or divorce related costs.
Let us educate you and take you in the right direction.
