Chapter 7 Bankruptcy
Attorney’s Fees: $1,000.00 for single or joint filing is our most common bankruptcy. Prices can increase according to number of creditors, business ownership, real estate, etc.
Filing Fees: $299.00
$25.00 for the pre-filing course at www.abacuscc.org
$12.50 for post-filing course at www.getbankruptcycertificate.com
Ask us about payment options available.
Chapter 13 Bankruptcy
Attorney’s Fees: $3,000. Most of fees are paid through the plan.
Prices can increase according to number of creditors, business ownership, real estate, etc.
Filing Fees: $274
Credit Counseling: $25.00 for the pre-filing course at www.abacuscc.org
$12.50 for post-filing course at
Debt Counsel and Negotiation
Depends on number of creditors, amount of debt, etc. Hourly rate is $250 per hour.
Wills : Start at $250.00
Trusts: Start at $2000.00
Deeds: $50.00 each
What are you getting for your money?
I will say that my fees for the various chapters are extremely competitive. Can you find lower fees elsewhere? Possibly. But what are you getting (losing) by saving that money and how much money are you really saving? We all like to think that all attorneys and doctors are equally competent, but it is simply not true. There are good doctors and hopelessly bad doctors and the same is true of attorneys. I'm not suggesting that just because an attorney charges lower fees that he is incompetent. I merely point out that the overriding decision on who to select should not be based solely on the fees charged.
There are a lot of bankruptcy attorneys out there...just like there are a lot of doctors. What amazes me is that people would almost never go to a doctor who charges "bargain basement" prices for something serious. Wouldn't that make you skeptical? So, why would you do that with an attorney who is essentially helping your financial future? I don't know the answer to that, but I get all kinds of calls from people who are trying to discharge (eliminate) $50,000 or more debt and want to save $100 on the attorneys' fees. I get a lot of calls from people who have filed a bankruptcy with an incompetent attorney or paralegal and then want to hire me to fix the problems, if possible (and often it is not possible at that point).
When selecting an attorney, you need to ask several important questions:
1. Am I comfortable with this attorney?
2. Does this attorney have the experience and expertise to handle the problems that may arise in my case?
3. Is the attorney handling the main portions of my case himself, or delegating the work to secretaries or paralegals?
4. What am I getting for my fees?
This last question deserves some attention. I see all kinds of advertisements by attorneys offering bankruptcies at ungodly low attorneys fees with the disclaimer that says "fees starting at...". I would be most curious to find out if the attorneys actually take any cases at that amount. I sincerely doubt it.
5. Does your attorney provide a retainer agreement or services contract outlining specifically what is covered for your fees and outlines the responsibilities of both you and the attorney?
The retainer agreement is not required, but should be given by any attorney. You should demand it so that there is no question about what you are paying for. See a copy of my retainer