how much is a bankrupcy lawyer in siren wi

by Estrella Schmidt 8 min read

Where can I find a lawyer in Siren Wisconsin?

When looking for lawyer in Burnett, Polk, Douglas or Sawyer county, call the Benson Law Office, LTD. Adam and Ryan Benson have years of combined service in several areas of law representing hundreds of clients in the Siren, Wisconsin area. Here are a few of the main services provided.

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 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.

Why hire a bankruptcy lawyer?

In addition, a bankruptcy attorney can provide legal representation for a client during bankruptcy court hearings, a client’s 341 meeting of the creditors, and/or any other proceedings or conferences related to a bankruptcy case. What are the Advantages of Hiring a Bankruptcy Lawyer?

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.

How do I declare bankruptcy in Wisconsin?

Collect Your Wisconsin Bankruptcy Documents. ... Take Credit Counseling. ... Complete the Bankruptcy Forms. ... Get Your Filing Fee. ... Print Your Bankruptcy Forms. ... File Your Forms With the Wisconsin Bankruptcy Court. ... Mail Documents to Your Trustee. ... Take a Debtor Education Course.More items...•

Do I need a lawyer to file bankruptcy in Wisconsin?

Yes, you are well within your legal rights to file for bankruptcy without a lawyer. Legally speaking, there is no requirement for counseling from a personal bankruptcy lawyer. However, filing by yourself exposes you to serious risk of losing assets like your car or house, or having your case dismissed entirely.

How much do you have to be in debt to file Chapter 7?

Again, there's no minimum or maximum amount of unsecured debt required to file Chapter 7 bankruptcy. In fact, your amount of debt doesn't affect your eligibility at all. You can file as long as you pass the means test. One thing that does matter is when you incurred your unsecured debt.

What is Chapter 7 bankruptcy?

Chapter 7 bankruptcy is a liquidation where the trustee collects all of you non-exempt assets and sells any assets which are not exempt. For the majority of our clients, all of their assets are exempt, which means they get to keep all these assets.

Can you discharge debts in Chapter 7?

Certain debts cannot be discharged in a Chapter 7 bankrupt cy, such as alimony, child support, fraudulent debts, certain taxes and student loans. In most Chapter 7 cases, the debtor has large credit card debt and other unsecured bills and very few assets. In the vast majority of cases a Chapter 7 bankruptcy is able to completely eliminate all of these debts.

How much does a bankruptcy lawyer cost in 2021?

as of 2021 falls somewhere in between $200 and $400 per hour. Of course, this is an estimate and will vary on a case-by-case basis. 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.

How does the location of a firm affect the price of a bankruptcy case?

Firm location: The location of a firm or lawyer can also affect the price of a bankruptcy case. Generally speaking, lawyers and/or law firms in urban environments (e.g., Los Angeles, New York City, etc.), tend to cost more than lawyers and/or law firms in rural or suburban locations.

What Factors are Used in Calculating Bankruptcy Lawyer Fees?

As discussed in the above section, there are a number of factors that need to be considered when determining the total cost of hiring a U.S. bankruptcy lawyer. Some factors that are used in calculating bankruptcy lawyer fees may include the following:

What Other Costs are Associated with Bankruptcy?

Some other costs that a debtor may need to factor in when calculating the cost of filing a petition for bankruptcy include:

What Do Bankruptcy Attorneys Do?

The primary goal of bankruptcy is to restructure and manage a person’s overwhelming debts. In some cases, such as those for Chapter 7 bankruptcy, the purpose may shift to partially reducing or entirely eliminating such debts. Bankruptcy attorneys can provide a wide range of legal services to help their clients achieve these goals. Some examples of what a bankruptcy attorney does on a regular basis can include:

What is the purpose of bankruptcy?

The primary goal of bankruptcy is to restructure and manage a person’s overwhelming debts. In some cases, such as those for Chapter 7 bankruptcy, the purpose may shift to partially reducing or entirely eliminating such debts. Bankruptcy attorneys can provide a wide range of legal services to help their clients achieve these goals. Some examples of what a bankruptcy attorney does on a regular basis can include: 1 Ensuring that the client understands what bankruptcy is, how filing for bankruptcy will personally affect them and/or their business, and that they know what their legal obligations are if their petition for bankruptcy is approved by the court. 2 Making sure that the client complies with all the laws and procedural requirements associated with the bankruptcy process, such as attending the mandatory credit counseling courses and the 341 meeting of the creditors. 3 Gathering, drafting, and reviewing all documents and any evidence pertaining to the bankruptcy matter. 4 Offering legal counsel on any questions or concerns that a client has prior to, during, and/or after the bankruptcy petition is filed. 5 Explaining the rights and protections that a client has under the relevant bankruptcy laws. 6 Assisting the client with further bankruptcy issues, such as resolving disputes with creditors, converting their case to a different chapter of bankruptcy if necessary, and stopping creditors from harassing them after they declare bankruptcy.

What is bankruptcy legal counsel?

Offering legal counsel on any questions or concerns that a client has prior to, during, and/or after the bankruptcy petition is filed.

Adam Benson

Adam C. Benson is an attorney at Benson Law Office, Ltd. in Siren, Wisconsin. He represents clients in all aspects of family law, real estate law, estate planning, bankruptcy, personal injury, foreclosures and criminal law.

Ryan Benson

Ryan M. Benson is an attorney at Benson Law Office, Ltd. in Siren, Wisconsin. He represents clients in all aspects of business and commercial law, real estate law, estate planning, personal injury, bankruptcy, foreclosure and collections as well as employment law.