If you are struggling with debt and are unsure of what to do next, it may be time to consider filing for Chapter 7 bankruptcy. And while it’s never an easy decision to make, finding the right Chapter 7 bankruptcy attorney is the key to receiving the assistance you need to get through your filing. But with so many different practices and lawyers out there, it can be difficult to know what to expect when it comes to the cost of attorney fees. At CMC Law, our top Chapter 7 bankruptcy attorneys can provide the insight and guidance you need to project the expected costs for your attorney.
Chapter 7 Bankruptcy Attorney Fees Fluctuate by State and Experience Level
Attorney fees are largely influenced by where you live, as price ranges can vary from state to state. In Georgia, these fees generally fall within the range of $650-$1,500. They can also differ based on the experience level of your attorney. While an attorney fresh out of law school may charge you a lower rate, you might want to consider a more experienced attorney if the circumstances surrounding your situation are more complex.
Chapter 7 Bankruptcy Attorney Fees Are Determined by the Intricacy of Your Case
As opposed to Chapter 11 and Chapter 13 bankruptcy filings, Chapter 7 cases are comparatively less complex and don’t require as much labor for your lawyer. As a result, the filing costs are less expensive. However, there are potential factors that could drive up the cost of filing fees, especially if your case involves children, spouses, multiple properties with mortgage payments, tax debt, and so on.
Ensure Your Chapter 7 Bankruptcy Attorney is Not from a Bankruptcy Mill
When conducting research to find your attorney, it is important to make sure they are not involved in a bankruptcy mill. Bankruptcy mills aim to file as many petitions as they can to collect as many fees as possible. They are less concerned about providing you with helpful legal services and more concerned about lining their pockets. While it can sometimes be difficult to detect which attorneys are involved in bankruptcy mills, pay attention to your main source of contact. If you end up speaking more to a paralegal than your attorney, that is a potential sign that they are part of a bankruptcy mill.
How Courts Prevent Chapter 7 Bankruptcy Attorneys from Charging Exorbitant Fees
If you’ve never filed for bankruptcy before, you might be concerned about your attorney overcharging you. However, the court system is designed to prevent this from happening. When your attorney files your case, they must include a Disclosure of Compensation form that reports the fees you have been charged by your attorney. The trustee in your case reviews this and if they deem it to be excessive, they can file a motion to have the fees canceled or partially returned to you.
Work with Chapter 7 Bankruptcy Attorneys at CMC Law Today
If you are looking into filing for bankruptcy, the Chapter 7 bankruptcy attorneys at CMC Law will utilize their legal knowledge to help you discharge your debts. Contact CMC Law today to schedule a free consultation.
The experts at CMC Law have the tools and experience to help you win your case.