While different firms charge differently for their services, Mr. Black charges attorney fees for the simplest Chapter 7 cases starting at $2000, plus costs including the filing fee and other costs which total $480 for a single person, $510 for a couple.
A Chapter 7 case may cost more than that, depending upon the number of creditors, the amount of debt, whether or not there is a business involved, what motions or extra actions are going to be necessary during the case, and other factors.
You can pay our fees for Chapter 7 out over time, and just pay a down payment followed by monthly payments. Once the entire fee is paid, we prepare the documents necessary to start your case, and you come into the office for a "signing" appointment, that generally takes about two hours.
For Chapter 13 cases, Mr. Black usually charges the "fixed fees" which are allowed by our local Bankruptcy Court. For a non-business case, our fees for Chapter 13 are currently $4500, plus costs and any fees charged for additional services that are applicable in your case.
But so long as you are a first-time filer, not a business, and you have a regular job such that your plan payments can be paid through a payroll deduction order, we currently charge only the costs to start a case, which are $380 for a single person, $410 for a couple. Our attorney fees in Chapter 13 are paid out of the monthly plan payments that you deposit with your Chapter 13 Trustee, so you don't pay us any fees directly, only through the Trustee.
Business Chapter 13 cases that are charged a fixed fee are $5600, plus costs and any fees charged for additional services that are applicable in your case. Some Chapter 13 cases are charged hourly rates if the issues are particularly complicated or time-consuming. We can usually start a business Chapter 13 for a down payment of $1500.00.
Our individual or small business Chapter 11 cases are charged on an hourly basis and a typical retainer or down payment is currently $15,000 plus costs.
Warning about shopping for attorneys only on price. Filing a bankruptcy is a serious, federal legal proceeding. We do not recommend that you go to court with the lowest bidder. Attorneys are not all the same. Our fees are reasonable. Our firm enjoys an excellent reputation, and we do a good job for our clients.
We also perform a "credit clean-up" for you following the bankruptcy at no additional charge, that can help your credit reports recover more quickly.
Not only that, but we provide you with a "credit rebuilding" course called "7 Steps to a 720 Credit Score" by Phillip Tirone. It can teach you how to rebuild a great credit score within 1- 2 years after your bankruptcy discharge. If you purchase this course yourself it can cost as much as $1000.00. But we license this course for all of our clients, and it is yours at no additional charge if you hire us for your bankruptcy case.
By having good credit you can save yourself many thousands of dollars in interest charges that you would otherwise pay when you finance a home or vehicle in the future, for example.
Call our office for a free first consultation at 713-772-8037, and once we interview you and we know more about your case, we will give you a written fee agreement with a firm fee quote.