Bankruptcy Fees & Costs

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Beware of the cheap bankruptcy attorney. They usually offer low fees for inexperience and low quality services or charge “extras” after you start that can ultimately cost you more in the long run. We provide excellent representation for reasonable fees.

CHAPTER 7 BANKRUPTCY – ATTORNEY FEES (filing Fee 335.00)

The filing fee for a chapter 7 bankruptcy is 335.00. Attorney fees for chapter 7 bankruptcy can range from 994.00 to 3,000.00 depending on the complexity of the case. The typical consumer case is typically 1,300.00 to 1,500.00 (this includes the filing fee).

CHAPTER 13 BANKRUPTCY ATTORNEY FEES (Filing Fee 310.00)

The filing fee for a chapter 13 bankruptcy is 310.00. Attorney fees are 3,200.00 dollars for the basic case. Chapter 13 fees are usually paid with an amount down to cover the filing fee and basic work. Typically 600.00 to 1,000.00. The balance of the fee is paid through the chapter 13 plan (along with your other creditors). A chapter 13 is more expense than Chapter 7 bankruptcy because of the complexity and time involved. A chapter 13 is usually open for 36 to 60 months.

PAYING BANKRUPTCY ATTORNEY FEES:

There are a number of ways to pay for your bankruptcy. They are as follows:

1. Stop paying your consumer or credit card debts.

2. TAX REFUND MONEY. Best money ever spent to eliminate all your debt.

3. Increase your dependents on your pay check for a short time. This is basically getting your tax refund early. Once you get the money remember to switch the dependents back so that you don’t owe taxes at the end of the year.

4. Use your credit cards for day-to-day living and save your income for attorney fees.

BENEFIT V. COST OF FILING FOR BANKRUPTCY

When considering the cost of bankruptcy, you need to look at the benefit received. Typically in a chapter 7 bankruptcy you are discharging over 10,000 dollars in debt for 1,300.00 dollars. If put another way, “give me 1,300.00 dollars and I will give you 10,000.00 dollars” – you would say “it was a deal”.

When you need a Grand Rapids Bankruptcy Attorney, remember to call Krupp Law Offices PC for fast honest advice about your financial problems and get honest advice about your options. Krupp Law Offices represents clients in cases throughout West Michigan, including the cities of Grand Rapids, Kalamazoo, Big Rapids, Ionia, Muskegon, Grand Haven, Stanton, Greenville, Wayland, Allegan, Holland, Ludington, Cadillac, Baldwin, Newaygo, White Cloud, Fremont, Coopersville, Reed City, Lake City, Hart, Hastings, Middleville, Wyoming, Rockford and Portage, including Kent County, Ottawa County, Newaygo County, Ionia County, Mecosta County, Barry County, Montcalm County, Allegan County, Kalamazoo County, Osceola County, Lake County and Muskegon County, Michigan.

Call for a free phone consultation. Our office can help.

KRUPP LAW OFFICES PC
161 Ottawa NW Suite 404
Grand Rapids MI 49503
616-459-6636 or Mail@krupplaw.com

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