How much does it typically cost to hire a lawyer for a bankruptcy case? This is one of the many questions a filer wants to know before considering bankruptcy as a debt elimination solution. Many individuals want the cheapest because they do not have a budget to retain the services of a legal profesional. Others do not want a do-it-yourself bankruptcy solution and want the services of a reliable attorney.
What if you can find a means to reduce the cost of hiring a lawyer? This article will guide you on how to find the right attorney that will fit on your budget. The general idea here is to find attorney-assisted legal services at a low flat fee. Instead of hiring a lawyer full time, you only pay for services to evaluate, prepare, and file your papers. With this method, you can minimize the legal fees. The process requires that you follow three easy steps.
Step 1: Complete the Questionnaire, Why Are You Filing Bankruptcy?
You must give details about your current financial problems to find out the specific chapter you need to file. You should include all the debts that you have. Let the lawyer be the one to evaluate which debt to include in your petition.
Step 2: Receive Your Free Personal Bankruptcy Evaluation
You will receive a free and confidential initial consultation. If you pass the ‘Means Test’ and you qualify for Chapter 7, you can decide whether you want to continue with the special price shown on their website. If you don’t qualify for Chapter 7, you can file Chapter 13 and the attorney assigned to you will give a special price quote. There’s no time limit and you may compare their price with other law firms and decide whether you want to try their services or not. You have no obligation to pay unless you authorize them to continue. Do note that before filing your case you must complete a pre-bankruptcy counseling.
Step 3: Finalize Your Bankruptcy and Discharge Your Debt
After the attorney files your papers you must attend the Meeting of Creditors or ’341 meeting’. By law, before you can receive your discharge you must complete a pre-discharge bankruptcy education. When everything is done you can now have your fresh start and enjoy your new debt-free life.
How Much is the Cost of Bankruptcy Attorney
By now you probably want to know more about the cost. Here’s a screenshot for hiring an Arizona bankruptcy lawyer for Chapter 7 using the service provider discussed above.
The cost differs for each state. The price does not include the court filing fee and applies only to Chapter 7. If you find the price is still too high, you may choose a payment plan that you can afford.
Before trying this service provider, please check LegalMatch first. They offer a more competitive price by giving you more options to choose a price point that you can afford. It is always a good practice to compare services from different providers before committing a decision. You may want to read the article about an alternative method of finding cheap bankruptcy lawyers. You should then compare the prices and pick the most inexpensive solution for your case.
Get Your FREE Audio Report Today – $17 Value!
Learn The Basics of Chapter 7 & 13 Bankruptcy With This Short Audio Report
The very word “bankruptcy” puts fear in people’s hearts. Most people do not understand what bankruptcy realy is. This eight-minute audio guide will teach you what you need to know about Chapter 7 bankruptcy and Chapter 13 bankruptcy. What bankruptcy is and what it can and cannot do. Includes answers to frequently asked questions about filing personal bankruptcy. Click here to download this FREE $17 audio report. This is a time limited offer and the download link can be taken away without notice. No sign-up form to fill-up, no email address to give, just plain free download! You can also download more free bankruptcy e-books here.