Frequently Asked Questions
How much does a bankruptcy cost?
That is not so easy to answer. As you can see there are various chapters of bankruptcy that depend on your particular circumstance. On average, a Chapter 7 bankruptcy will cost between $1,000 to $3,000 plus costs. While a Chapter 13 bankruptcy will typically involve $2,000 up front plus costs, as well as those payments disbursed throughout the life of the plan.
How do I know what I qualify for?
The only way to find out is to sit for a free consultation with a qualified attorney to discuss in detail your situation. Typically this meeting lasts about half an hour.
If I filed a previous bankruptcy, can I file again?
A Chapter 7 bankruptcy can be filed every 8 years and every 6 years from a prior Chapter 13 filing. A Chapter 13 bankruptcy can be filed every 4 years from a previous Chapter 7 filing and every 2 years from a prior chapter 13 filing.
What are the prerequisites for a bankruptcy?
Within 180 days prior to filing bankruptcy, you must have received a certificate from an approved credit counseling agency that states that you are eligible for bankruptcy relief. After you file, you must also complete a Financial Management Course prior to receiving your discharge.
That is not so easy to answer. As you can see there are various chapters of bankruptcy that depend on your particular circumstance. On average, a Chapter 7 bankruptcy will cost between $1,000 to $3,000 plus costs. While a Chapter 13 bankruptcy will typically involve $2,000 up front plus costs, as well as those payments disbursed throughout the life of the plan.
How do I know what I qualify for?
The only way to find out is to sit for a free consultation with a qualified attorney to discuss in detail your situation. Typically this meeting lasts about half an hour.
If I filed a previous bankruptcy, can I file again?
A Chapter 7 bankruptcy can be filed every 8 years and every 6 years from a prior Chapter 13 filing. A Chapter 13 bankruptcy can be filed every 4 years from a previous Chapter 7 filing and every 2 years from a prior chapter 13 filing.
What are the prerequisites for a bankruptcy?
Within 180 days prior to filing bankruptcy, you must have received a certificate from an approved credit counseling agency that states that you are eligible for bankruptcy relief. After you file, you must also complete a Financial Management Course prior to receiving your discharge.