how much does the bankruptcy lawyer cost in brooklyn

by Joanie Bahringer 6 min read

We charge one flat fee that covers all your costs: $1,440. You pay nothing else. We pay all court costs. This fee includes the preparation and filing of a Chapter 7 bankruptcy and an attorney to appear with you at the required Chapter 7 bankruptcy hearing.

between $965 and $1,550

Full Answer

How much does it cost to file for bankruptcy in NYC?

There is a $338 filing fee required of everyone who files a Chapter 7 bankruptcy in New York. The fee is the same whether you file alone or with a spouse, as long as you both file at the same time and file the same type of bankruptcy.Sep 30, 2020

How much does Chapter 7 cost in NY?

around $335
The filing fee for a Chapter 7 bankruptcy in New York costs around $335 to the court (additional attorney's fees vary). The filing fees for Chapter 13 bankruptcy in New York are about $274 to the court (additional attorney's fees vary).Feb 27, 2010

How much does a lawyer charge for Chapter 7?

How much does it cost to file for bankruptcy?
Chapter 7Chapter 13
Filing fees$338$313
Attorney fees*$500 - $3,500$1,500 - $6,000
Total$838 - $3,838$1,813 - $6,313

Why should I hire a bankruptcy lawyer?

The Risks of Filing Bankruptcy Without a Bankruptcy Lawyer

Incorrectly listing assets could cost you not only your debt being discharged, but you could lose the possessions you sought to protect. Bankruptcy lawyers know how to protect your assets and successfully lead you through the process.
Nov 20, 2021

How do I file Chapter 7 with no money?

Eligible filers are able to file Chapter 7 for free. If your household income is less than 150% of the federal poverty level, you can ask the bankruptcy judge to waive your court fees with a simple application submitted along with your bankruptcy petition.Feb 8, 2022

Does your credit score go up after Chapter 7 discharge?

Within 2-3 the months, the average credit score after chapter 7 discharge will suffer a 100 points initial jolt. It usually remains in the 500-550 range for the average debtor, unless he was already wallowing in the 450s, for default right and left.Aug 29, 2018

How much money does a lawyer make in South Africa?

Here's how much money lawyers earn in South Africa
Private Practice2022 annual salary range
AssociateR650 000 – R850 000
Newly QualifiedR580 000 – R650 000
PartnerR1 400 000 – R2 200 000
Senior AssociateR850 000 – R1 400 000
1 more row
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Jan 6, 2022

Hiring a New York Bankruptcy Attorney by the Hour

Whether you are from Brooklyn or Albany or any other part of the state, if you decide to hire an attorney by the hour, you will probably have to pay a retainer fee, which is like a down payment. From then on, you'll likely receive monthly statements for the hours your lawyer worked on your filing.

Hiring a New York Bankruptcy Lawyer for a Flat Fee

Attorneys who handle routine matters, such as writing a will or filing bankruptcies, sometimes charge one flat fee instead of billing hourly. If you decide to hire a New York bankruptcy attorney for a flat fee, you should be clear on what's included and what is not. Often, related legal expenses, such as court filing fees, are not included.

The Cost of Hiring a New York Bankruptcy Attorney

As you can now see, you should ask a number of questions about legal fees and expenses while interviewing lawyers to hire. Here are some questions to ask that should help you get a handle on how much it may cost to file bankruptcy:

Eastern District of New York (EDNY) - Bankruptcy Filing Fees

These fees are valid as of 4/20/2015, and are subject to change. Visit the bankruptcy court's website for the most recent information.

Southern District of New York (EDNY) - Bankruptcy Filing Fees

These fees are valid as of 12/01/2014, and are subject to change. Visit the bankruptcy court's website for the most recent information.

Northern and Western District of New York

The Law Office of Simon Goldenberg limits it's practice of bankruptcy to the Eastern & Southern Districts of New York. For the applicable fees in the Northern and Western District's of New York, visit their courts website.

What happens if you can't pay your debts?

Being unable to pay your debts can be very stressful, especially if you are worried about being sued by your creditors or, even worse, you have already been sued and you are being threatened with a wage garnishment or bank levy. If you do not have the money to pay your debts, or you have already tried to pay your debts but creditors won’t accept your payments, you may be considering bankruptcy as an option.

Is debt a stress?

For most people, where there’s debt, there’s financial stress. The good news is that there are many options available for people who are overwhelmed by their debt and would like to be able to live their lives without being tied to it.

How much does bankruptcy cost in NYC?

The answer depends on whether you file pro se (without an attorney), with an attorney or pay a petition preparer to prepare your paperwork. I will try to outline the typical costs for each:

Filing Fees

The filing fees recently increased to $306 for a Chapter 7 bankruptcy, $281 for a Chapter 13 bankruptcy and $1,213 for a Chapter 11 filing.

Credit Counseling and Debtor Education courses

In order to obtain a bankruptcy discharge the Credit Counseling course must be taken before a case is filed and the debtor education must be taken after a Chapter 7 or Chapter 13 bankruptcy case is filed. These courses can range from $0 to $500 each depending on where they are taken.

Credit report with public records search

In my opinion a credit report is one of the most valuable tools necessary to prepare a consumer bankruptcy petition. At my office we use a company called A Suite Solution, which provides an ultra comprehensive 3-bureau credit report as well as a thorough public records search.

Pro Se filings or bankruptcy petition preparers

If you are looking for the cheapest way to file for bankruptcy, you can file pro se or without an attorney. If you prepare your own paperwork the process is free. If you have a petition preparer your case will not be free. I have heard that these preparers charge from $200 to $2000 to “construct” your paperwork.

How much will it cost to hire a NYC bankruptcy attorney?

Legal fees vary from attorney to attorney. However, you should know a few things. First, all bankruptcy attorneys are required to report their legal fees charged for each case to the US Trustee. If the fee is too high they may be required to refund it to the client.

How do I Qualify For Chapter 7 Bankruptcy?

We charge one flat fee that covers all your costs: $1,440. You pay nothing else. We pay all court costs. This fee includes the preparation and filing of a Chapter 7 bankruptcy and an attorney to appear with you at the required Chapter 7 bankruptcy hearing.

Is there a payment plan?

Yes, you can hire us with a deposit as low as $50 to begin your case. You can pay us on your own schedule – whenever you can afford to make a payment. Generally, we would like to pay within six months, but we often give clients up to one year to pay.

Does this price include the court fee, the credit counseling fee and the education fee?

The $1,440 includes everything. When you file bankruptcy you have to pay a $335 filing fee and a $40 credit counseling fee and a $40 debtor education fee.

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Wotman Law, PLLC

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Bankruptcy Lawyers In Brooklyn, New York, Can Help You

If you're experiencing severe financial difficulties, bankruptcy can provide a path to debt relief and help you get a fresh start. Whether you are just starting to consider bankruptcy or have already filed, getting a bankruptcy lawyer involved can help you maximize the benefits afforded to you by the United States Bankruptcy Code.

What Questions Should I Ask A Bankruptcy Lawyer?

Not sure what to ask a bankruptcy lawyer? Here are a few sample questions to get you started:

Want To Check Lawyer Discipline?

It is always a good idea to research your bankruptcy lawyer prior to hiring. Every state has a disciplinary organization that monitors attorneys, their licenses, and consumer complaints. By researching lawyer discipline you can: