What Is the Cost of Filing for Bankruptcy?

Bankruptcy can allow you to get out of debt and get a fresh financial start. Like other legal proceedings, there are some fees associated with a bankruptcy case. For example, you’ll be required to take a credit counseling course from an approved provider. These courses typically cost between $50 and $100. You can also expect to pay court costs and attorney fees, which may total between $1,200 and $2,000.

It’s not possible to determine how much bankruptcy will cost until the lawyer has had a chance to review the particulars of your case. Some bankruptcy cases are more straightforward than others and may cost less to prepare. Bear in mind that the value of hiring a knowledgeable attorney is well worth the investment. If you try to prepare your case yourself, there is a strong chance of making mistakes that can result in the dismissal of your petition. Bankruptcy attorneys know the ins and outs of the local court system, and they are keenly familiar with bankruptcy laws. You’ll need a knowledgeable advocate on your side to get through this process.

Cutler & Associates, Ltd. provides bankruptcy guidance, petition preparation and filing, and in-court representation for a competitive fee. You can call our office in Aurora or Skokie at (847) 961-4572 to request a free consultation.