how much does a bankruptcy lawyer cost in massachusetts

Full Answer

How much does it cost to file bankruptcy in Massachusetts?

In 2018 people can expect that attorneys’ fees in Massachusetts consumer bankruptcy cases will range from around $1,500 to $2,500, not including costs. Our fees are substantially lower and the Crossley Law Offices charges only $1,500 for most individual Chapter 7 bankruptcy cases.

How much does it cost to hire a bankruptcy lawyer?

For instance, costs can be as high as $2,000 for a complicated bankruptcy case, or as low as $500 for a straight-forward filing. The best way to calculate the total cost of hiring a U.S. bankruptcy lawyer is to speak with your prospective attorney about their hourly fees and/or rate structure.

How much does it cost to file a Chapter 7 bankruptcy?

What this means for you is that filing a Chapter 7 bankruptcy through the Crossley Law Offices will cost you around $1,905 (this amount includes fees and costs) while other attorneys are likely charging between $1,900 and $2,500 for the very same service. Don’t make a costly mistake.

How do I choose a bankruptcy lawyer?

In general, bankruptcy cases typically require a lawyer to charge at a “reasonable” rate. Experience: The experience, skills, and reputation of a lawyer will also factor into the total bill.

How much does it cost to file Chapter 13 in Massachusetts?

$310$310 for Chapter 13 bankruptcy. You can ask to pay this in 4 smaller payments called installments.

How much is cost of bankruptcy?

Since most people keep all their assets in a bankruptcy, the bankruptcy costs are paid directly by the person who wants to declare bankruptcy: In most bankruptcies the direct cost to the person filing bankruptcy is $2,300.

What do you lose when you declare bankruptcy?

Bankruptcy will eliminate most of your debts, such as unsecured debts including credit card bills, medical bills, and payday loans. You may still be required to pay your secured debts, such as your mortgage or motor vehicle loan. Some debts cannot be eliminated by your bankruptcy.

Do you have to pay to declare bankruptcy?

Check what you'll have to pay You can pay in installments, but you'll need to pay the whole amount before you submit your bankruptcy application. If you're struggling to raise the bankruptcy application fee, you might be able to apply for a grant or get help from a charity.

How much does it cost to file a Chapter 13?

For most Chapter 13 cases, we typically charge $1,500 plus court costs to file your case. This amount itself can be paid on a payment plan. Through the course of your case–which is a partial repayment of debt that lasts between 3 – 5 years, we get additional fees that come from your payment. These additional fees from your court payment, and they come from money that you would pay anyway to the court and your creditors. In other words, our fees during the case reduce your creditors’ share of money because your payment is based on your income and assets.

Is bankruptcy higher than business bankruptcy?

As you might imagine, the fees for business bankruptcies are higher than for consumer bankruptcy, but these fees are often paid out of business assets that would otherwise go to creditors. Clients are usually billed in business cases on an hourly basis, but we will also often enter into flat fee arrangements in appropriate cases. For a simple business case, our fees are often not much more than in a consumer case. Give us a call and we’ll discuss it with you.