Different bankruptcy attorneys may charge different amounts of attorney’s fees up front. As for me, I will file a chapter 13 for $500 in attorney’s fees up front.
That means that if you have a foreclosure tomorrow, or a garnishment this Friday, or something else awful coming up, you can pay $500 and stop it.
However, it’s a little more complicated than that. Don’t forget that you’ll still have to take the online bankruptcy class, fill out your paperwork, give your attorney time to complete it, and sign everything to get it filed. You cannot just drop off $500 and expect to get a bankruptcy case number!
After you pay that $500 in attorney’s fees and file your case, you will still have to pay the court your filing fee. The filing fee for a chapter 13 is $310. You can pay in in installments every two weeks after you file. So let’s say that you filed today, you would pay the court:
$100 in 2 weeks
$100 in 4 weeks
$100 in 8 weeks.
In a chapter 13, you make monthly payments to the chapter 13 trustee, payments which go towards your car, your mortgage arrears, back tax debt, etc. You also end up paying the trustee a handling fee as well. If your case gets confirmed by the court, your attorney will end up getting paid additional attorney’s fees out of your payments, making anywhere from $3,000 to $3,500 depending on what kind of case you are.
However, to summarize this very lengthy answer: you can file a bankruptcy with me for $500 up front.