CHAPTER 7
COST
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How Much Does It Cost to File a Chapter 7 Bankruptcy in Florida?
Are you worried about the cost to file a Chapter 7 Bankruptcy in Florida? Being burdened with a large amount of debt can make you feel crushed. As a result, several individuals contemplate filing for bankruptcy to relieve the financial and mental burden of that debt. Bankruptcy was designed to give overwhelmed debtors a fresh start. There are many benefits in filing for bankruptcy protection when you are overburdened by debt. However, there are also attorney fees and costs that a debtor should take into consideration.
The expenses associated with filing a Chapter 7 bankruptcy is comprised of two categories, attorney fees and filing costs. Filing costs are set and regulated by law and cannot be modified by an attorney.
The cost of a Chapter 7 bankruptcy in Florida is typically around $1,500 in addition to filing fees.
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Bankruptcy Attorney Fees are Public Record
Attorney fees for both Chapter 7 and Chapter 13 bankruptcies are available to the public. Individuals can examine attorney fees for any bankruptcy attorney or firm through the PACER website. PACER is the acronym for the Public Access to Court Electronic Records. PACER has a minimal cost per page viewed through its website. Bankruptcy attorneys are required to list their fees on the Statement of Financial Affairs, which include:
“… all payments made, or property transferred by or on behalf of the debtor to any persons, including attorneys, for consultation concerning debt consolidation, relief under the bankruptcy law, or preparation of a petition in bankruptcy within one year immediately preceding the commencement of this case.”