Cost is determined by the scope
of work being performed. The old tried and true adage “you get what you pay for” is very true when filing
for bankruptcy. A cheap bankruptcy petition can be the most expensive mistake you ever make.
You need an attorney advocate who will
analyze your debt and finances. Bankruptcy is complicated. You need to plan your bankruptcy to maximize your opportunity
to remove debt while retaining as much of your assets as possible. Most people who file bankruptcy keep all of their
personal property and all of their real property that they can afford to maintain. Debts and liabilities are discharged.
Attorney fees and
the scope of work for bankruptcy petitions are disclosed in every bankruptcy Petition, and every petition is a matter of public
record. A simple survey of Chapter 7 petitions filed in the Central District of California (Santa Barbara to Orange
County) reveals attorney fees as follows;
Simple one person Chapter 7 filing with only consumer debt
$1,500 to $2,000
Married
joint Ch 7filing, consumer debt and real property
$1,500 to $3,000
Joint filing
Ch7 business interests & multiple real estate issues $3,000 to $4,000
or more depending upon your case.