How much does it cost to file bankrupcty?

How much time will it take to file and execute bankrupcty?

Mercury -

It completely depends on what chapter of Bankruptcy you file. Only an attorney can really give you a good estimate.

Chapter 7 filings can range in price from $500 to $800 - possibly higher.

Chapter 13 is MUCH more expensive, with attorney's fees ranging from $1500 to $3000 or more. Chapter 13 attorney fees can be paid through the Chapter 13 payment plan, however, where most Chapter 7 filings have to be paid before they are filed.

Every attorney is different in how they handle the fees.

I am currently making payments to an attorney to file bankruptcy, Their fee is $900. and then there will be an additional fee of $299. for court costs.

To file the Chapter 7 petition is $299, but there is the added cost of the counseling sessions, which is another $100.

All the rest goest to lawyer fees. If you filed on your own that would be your cost.

The courts do accept payments. You can file for as little as $50, and make payments to the court. But no lawyer will allow this because they need to money upfront, since most debts are discharged in a chapter 7.

thanks ..... and how much time will it take to file and execute bankruptcy?