I normally charge between $1,000 and $1,800 for a chapter 7 bankruptcy. However, almost every case is $1,000.
In a chapter 13, I usually charge $500 up front, but the court eventually awards me between $3,000 and $3,500 in fees.
Almost every client pays cash up front, but there are exceptions: I am typing this blog entry on an oversized Sony Vaio laptop which is so huge and powerful that my kids call it “Mongo.” It was traded to me by a businessman who needed to file bankruptcy on his office supply business but was cash poor. In our bankruptcy paperwork, I listed my attorney’s fees as follows:
Attorney’s Fees: trade for laptop, approx. value $1,400.
At the 341 Meeting of Creditors, the trustee asked my client if he thought it was a fair exchange for services, and thankfully, my client said, “Yes!” emphatically.
Another client works for a rather good artist who has offered to trade a limited edition painting (signed) in exchange for a bankruptcy for his employee. I have no idea what it is really worth, but it should go nicely on the opposite wall from my standard “The Prayer at Valley Forge” by Arnold Friberg that every Utah attorney seems to own.
So yes, I will file a bankruptcy in exchange for things. I have 9 children and one more one the way. I would be glad to take the title to a car or truck for one of my highschool drivers. I am not a big hunter, but I have no problem taking guns in trade for my services. The same can be said for various other physical items like computers. I am leery of trading services for services because I have heard too many horror stories from other attorneys who tried this, but I will accept things in exchange for my services.
I have even run the following KSL ad recently:
Free chapter 7 bankruptcy in TRADE for car/truck for my highschooler.
American Fork, UT 84003 | Oct 1, 2014
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I am an experienced bankruptcy attorney with 9 children (yes 9!).
I need another car/truck for one of my highschoolers.
I will trade a free chapter 7 bankruptcy in exchange for a car that will pass safety/emissions. You will pay the court filing fee.
If the car is good enough, I can pay the $335 filing fee to the court as well.
and the following craigslist ad:
© craigslist – Map data © OpenStreetMap
(google map) (yahoo map)
1990 geo metro odometer: 200000 fuel : gas transmission : automatic title status : clean
I will trade a free chapter 7 bankruptcy in exchange for a car/truck for my highschooler that passes safety/emissions. You will still pay the court filing fee.
If the car is good enough, I will pay the $335 court filing fee as well.
It doesn’t have to be pretty.
do NOT contact me with unsolicited services or offers