When finances are tight, you may be concerned about how you can even afford to file for bankruptcy. There are court costs and attorney fees involved. Also keep in mind, there are other costs like obtaining your current credit report and taking a credit counseling course that Bankruptcy law requires you complete before filing.
When getting quotes for attorney fees, ask if the price includes ALL of these things as part of the fee. Don’t miss anything you need before filing your case. Some law offices will include the court fee and others will ask you to pay that on your own. Find out in advance what the fees include so you can accurately compare the costs..
Look for an attorney who will work with you on your attorney fees. Ask about options like monthly payment plans. If you’re filing Chapter 13, ask if you qualify for no money down to file your case.
Also, if you’re concerned about missing work to go see an attorney, find an attorney who offers a flexible schedule with evening or weekend hours so you don’t lose precious income through the process.
The Hidden Costs of Not Hiring an Attorney
The Voluntary Petition for Individuals Filing for Bankruptcy and all the necessary Statements and Schedules were updated in 2015 to try to make it easier for people to file their petition on their own without needing an attorney. However, if you’re not familiar with bankruptcy law, you may miss some major issues with your case and lose time, money, or even your assets to your creditors.
If you file your petition at the wrong time or list something incorrectly on your petition or omit a form, it could become a costly mistake. To get a better idea of things you may be missing, check out our free report, “6 Big Mistakes to Avoid Before Filing Bankruptcy.”
Still Not Sure? Take Advantage of the Free Stuff
Many experienced bankruptcy attorneys will offer a free consultation so you can talk to an attorney about your financial concerns. Don’t just sit and wonder if bankruptcy is the right choice, or whether or not you can afford to hire an attorney. If creditors are calling and you’re at risk of garnishment, repossession, or foreclosure, you can’t afford NOT to talk to a bankruptcy lawyer. Contact us to schedule a free consultation with a Flexer Law attorney today.