Bankruptcy Filings Starting at $999 plus Filing Fee:
At Kelsey & Trask, P.C. we file for bankruptcy relief on behalf of our clients for a flat fee. Assuming you qualify for filing bankruptcy the following table displays how we determine the fee we will charge. Our bankruptcy fees start at $999 and go up depending on the complexity of your case. Each of the questions below help us determine how complicated your case will be. To estimate your likely attorneys fees complete the form below. If you would like more information please do not hesitate to call us at 508.655.5980 or e-mail us.
*Personal Property estimate should include bank accounts, stocks, collections, jewelry, electronics and similar items. For the purposes of this form do no include retirement accounts.
If the form field states "Call Us" it is because some aspect of your case concerns us and we need more information to provide you with an accurate estimate of our fees. Please call us for more information at (508) 655-5980.
How much does it cost to file for bankruptcy?
The Bankruptcy Court charges the following fees to file for Chapter 7 Bankruptcy:Filing Fee of $245.00, plus
Administrative Fee of $46.00, plus
Trustee Surcharge of $15.00
TOTAL FILING FEE: $306.00
The Bankruptcy Court charges the following fees to file for Chapter 13 Bankruptcy:
Filing Fee of $235.00, plus
Administrative Fee of $46.00, plus
TOTAL CHAPTER 13 FILING FEE: $281.00
IMPORTANT NOTE: The above fees are in addition to any attorney's fees and/or fees for the preparation of the Bankruptcy Documents, appearance at a Section 341 Creditor's Meeting, or representation in Bankruptcy Court. Any fees for legal services must be agreed to in writing between you and your attorney prior to the commencement of any bankruptcy proceeding.
What are the costs of a bankruptcy on my credit?
Negative credit will result in increased interest rates on credti cards and other loans. In addition there may be indirect costs associated with negative credt.For example, assume that you have an old car and would like to trade it in for a new car, post-bankruptcy. You may find yourself unable to qualify for a car loan for some time after discharge, thereby incurring the increased maintenance costs and fuel costs of an old, inefficient vehicle for longer than originally anticipated. When you do qualify for a new car loan, the increased interest rate assessed to borrowers with negative marks on their credit score will cost you more in interest over the term of the loan.
Similarly, a borrower seeking to obtain a home loan may be required to pay "points" in addition to a higher interest rate, adding thousands of dollars in closing costs.
How long will a bankruptcy affect my credit?
A Chapter 7 bankruptcy filing remains on your credit report for 10 years after you receive your discharge, and individual debts discharged in bankruptcy remain on your credit report for 7 years following your discharge. A Chapter 13 Bankruptcy remains on your credit report for 7 years after filing. Whenever you apply for credit, a new loan, or undergo a background check, a previous bankruptcy will be visible to the loan officer, hiring manager or credit card company. This is only one factor, though, in making a decision about whether or not to file a bankruptcy and you should consider how your credit might be affected by your debts regardless of whether or not you file a bankruptcy.Click here to learn more about the affects of a bankruptcy on your credit.
Tel.508.655.5980 • Tel.508.720.0397 • Fax.508.655.5981
