Chapter 7 Costs
Filing Costs: For a Chapter 7 Bankruptcy, the federal filing fee is
$299.00. A credit counseling certificate is required to file, which costs
$50.00 (this fee includes both the pre-filing and the pre-discharge counseling). This counseling may be done at our office while we are opening the file.
We can also obtain your credit report for
$20.00 for a single report or
$40.00 for a joint report. This is not mandatory but we find it to be very helpful if you don’t have a complete and accurate list of creditors.
Attorney’s fees: Clark & Washington charges
$1,250.00 for attorney’s fees in a routine Chapter 7 case.
Although our standard fee of
$1,250.00 applies in
90% of our cases, this fee can vary (both up and down) depending on a number of factors such as:
- the total amount of debt
- the type of debt (secured debt, judgments, credit cards, taxes, student loans etc…)
- the amount and type of assets
- whether you owe either priority or stale taxes
- the number of pieces of real estate owned
To sum it up, the cost to file a Chapter 7 consists of the Filing fee of
$299.00, the credit counseling fee of
$50.00, and our attorney’s fees of
$1250.00, for a total of
$1599 for a standard Chapter 7 Bankruptcy.
You may pay attorney’s fees and costs by cash, personal check, debit card, money order or checks from a third-party. We can also open a file and hold it open until all the fees and costs are paid; at which time we will file your case.
