How much does it cost to file bankruptcy and how will I be able to afford it?

The cost of bankruptcy depends on the complexity of your situation and the type of bankruptcy you need to file, whether it be chapter 7 bankruptcy, chapter 13 bankruptcy or chapter 11 bankruptcy. We pride ourselves in offering individualized attention to our clients while offering competitive fees. Most of our fees are flat fees meaning you will not typically owe any further fees after the retainer fee is paid. We are a small firm and we pride ourselves on knowing each of our clients on a personal level and guiding them through each stage of their case.

As for payment, we do offer payment plans. Once you pay the initial payment, you may send a letter to your creditors letting them know we are representing you. 

We may tell clients to stop making payments to creditors, particularly unsecured creditors, after they make the decision to file bankruptcy. Clients are usually able to save for their retainer fee by using the money that was being used to make their minimum payments.

When potential clients first come in, they are typically borrowing money from family to get by. We have found that family is more willing to pay for a client's retainer fees when they know this will be the last time they will need to lend money and that we will be working with the client on learning to live on a "no surprise budget" and therefore will not end up in this situation again in the future.