How to Afford a Bankruptcy Attorney:
One of the questions we commonly hear in our office is, “how do people struggling financially pay for the legal services necessary to file for bankruptcy protection?”
Well, like many questions, it depends. First, there are several different types of bankruptcy and the fee can vary between chapters. Therefore, there is not a single answer to the question of “how much does bankruptcy cost?”
Generally speaking, the two most utilized types of bankruptcy are Chapter 7 and Chapter 13. The two are dramatically different.
For example, in a typical Chapter 7, the case lasts about 4 months. By contrast, a Chapter 13 typically lasts from 36 to 60 months, or 3 to 5 years. As such, determining the true cost of bankruptcy is largely dependent here on the length of the representation, although this is still just one of the factors that may determine the legal fees in a particular case.
No matter if the case is routine or complex, long or short, typically, most people who need bankruptcy protection are not destitute. In fact, some command considerable household income and have significant assets. Nonetheless, paying for skilled legal counsel can be a challenge. Often, people in need of bankruptcy protection lack significant income or have significant problems with liquidity, or in other words, coming up with money to fund legal services.
The experienced attorneys at Goren & Tucci, LLC offer a variety of creative options and payment plans to assist people to obtain quality legal representation. In fact, most people are surprised at how affordable quality bankruptcy representation actually is, and how effective it can be.
To hear more about your options, how much it costs to file bankruptcy, and the payment options available, please call Goren & Tucci, LLC at 301.977.4300 to schedule your free consultation.