How Much Does Filing for Bankruptcy Cost?

How Much Does Filing for Bankruptcy Cost?

If you are interested in filing for a chapter 7 or chapter 13 bankruptcy in San Diego, you may be wondering how much it will cost you. For those struggling to pay their bills, the thought of paying for bankruptcy can seem impossible. However, the cost of filing for bankruptcy will ultimately depend on the type of bankruptcy file and the complexity of your case. the more complex your case, the more likely it will cost more money. Additionally, the filing fees are different depending on the type of bankruptcy. 

Bankruptcy Filing Fees in San Diego

There are two main expenses when it comes to filing for bankruptcy. First, you will need to pay a fee to the court when you file your bankruptcy petition. This fee is separate from the compensation you will pay your bankruptcy lawyer to prepare and file your case and represent you throughout the bankruptcy. As of 2021, the court filing fee for a Chapter 7 bankruptcy is $338. The court filing fee for a Chapter 13 Bankruptcy is $313. You will pay this fee to the court when you file your petition, and this payment is separate from your lawyer’s fees and costs.

Lawyer Fee for Filing for Bankruptcy in San Diego

Each client’s circumstances are unique, and your attorneys’ fees will depend on the nature and complexity of your case. For example, if you own significant property, a business, and multiple rental properties, your bankruptcy will be more complicated than someone who rents and does not own any real estate. It is challenging to provide an accurate quote of how much your lawyer fees will be without sitting down and discussing your case and reviewing your situation and detail. 

Many lawyers offer payment plans. They may require a smaller fee upfront and allow clients to pay monthly after that. Bankruptcy law firms understand how difficult it is for clients to make payments, and they usually work with clients to determine a payment schedule that works for both parties.

Schedule a Free, Initial Consultation

We offer our clients a free initial consultation to get an idea of how much their case may cost without paying for the consultation. When you schedule a free consultation with the Bankruptcy Law Center, you can rest assured that we will carefully review your case and make our best effort at giving you an estimate of how much your bankruptcy will cost. When you work with our law firm, you will benefit from decades of experience in chapter 7 and chapter 13 bankruptcies. 

Our lawyers are very efficient, which results in our clients paying less in legal fees. The thought of paying for bankruptcy may seem overwhelming, but when you consider the fresh financial start you will receive, the benefits often outweigh the disadvantages. Contact the Bankruptcy Law Center today to schedule your free initial consultation and learn more about our services. 

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