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http://www.stlouisbankruptcyattorneyhelp.com/ St. Louis bankruptcy lawyer Frank Ledbetter
discusses Chapter 7, Chapter 13 Bankruptcy & fees associated with bankruptcy. Need more
information? Call bankruptcy attorney Frank Ledbetter- (314) 669-4529.
Hi, I'm St. Louis bankruptcy attorney Frank Ledbetter. I've been a St. Louis bankruptcy
lawyer since 2003.
When considering filing for bankruptcy, of course money is a major issue, so you'll want
to know the fees associated with both Chapter 7 and Chapter 13 bankruptcies. The filing
fees/court costs for a Chapter 7 case are $306.00 regardless of whether an individual
files along or a married couple files jointly. This is the money that is paid to the Bankruptcy
Court.
The attorney's fees for a Chapter 7 case vary depending upon the complexity of the case
but typically total $1,000.00. The attorney's fees for a Chapter 7 case and the filing/court
costs must be paid in full prior to the filing of a Chapter 7 case, although upon the payment
of a $300.00 portion of the attorney's fees the attorney may be retained. Upon the client's
retention of the attorney, the client may refer all communications from creditors to
the attorney. The filing fees/court costs for a Chapter 13 case are $281.00 which again
is the money that is paid to the Bankruptcy Court. The attorney's fees for a Chapter 13
case which must be paid prior to the filing of the case are typically $850.00.
Unlike the Chapter 7 case in which all the attorney's fees are paid prior to the filing
of the case, in a Chapter 13 case the Bankruptcy Court awards attorney's fees which are paid
by the Chapter 13 Trustee after the filing of the case. For a client who has paid a retainer
fee of $850.00, these fees total $1150.00 within the first year of the Chapter 13 bankruptcy
and $2000.00 to be paid after the first year of the Chapter 13 bankruptcy case. Regardless
of which bankruptcy option you choose, it is imperative to understand the costs associated
of each.
If you live in Missouri like Jefferson County, Franklin County, St. Charles County, or anywhere
near St. Louis and are considering filing for Chapter 7 or Chapter 13 bankruptcy, I
want you to have my FREE SPECIAL REPORT at no charge. It reveals tips and strategies
good people who've suffered through tough times can use to turn things around. Just
visit StLouisBankruptcyAttorneyHelp.com to get your own copy sent to you right away.
As an additional bonus, I would be glad to meet with you for a no cost, no commitment
consultation to help you explore your options so that you may determine which debt relief
option is best for you.