I Need To Find Cheap Bankruptcy Lawyers in Hampton Roads. How Much Does Chapter 7 Bankruptcy Cost In Virginia Beach?
This is a great question and one we get quite often. You can
certainly find cheap bankruptcy lawyers in Hampton Roads. You can even
take advantage of a free consultation to find out more about costs of
hiring cheap Chapter 7 bankruptcy lawyers in Virginia Beach. In the mean
time we have found a couple of articles that you might find useful
about Chapter 7 Bankruptcy Cost in Virginia Beach.
Chapter 7 Bankruptcy Virginia Cost
The courts must charge a $245 case filing fee, a $75 miscellaneous administrative fee, and a $15 trustee surcharge. Normally, the fees must be paid to the clerk of the court upon filing. With the court’s permission, however, individual debtors may pay in installments. 28 U.S.C. § 1930(a); Fed. R. Bankr. P. 1006(b); Bankruptcy Court Miscellaneous Fee Schedule, Item 8. The number of installments is limited to four, and the debtor must make the final installment no later than 120 days after filing the petition. Fed. R. Bankr. P. 1006. For cause shown, the court may extend the time of any installment, provided that the last installment is paid not later than 180 days after filing the petition. Id. The debtor may also pay the $75 administrative fee and the $15 trustee surcharge in installments. If a joint petition is filed, only one filing fee, one administrative fee, and one trustee surcharge are charged. Debtors should be aware that failure to pay these fees may result in dismissal of the case. 11 U.S.C. § 707(a).
Are There Any Other Chapter 7 Bankruptcy Cost In Virginia Beach
Cheap Chapter 7 Bankruptcy Lawyers in Virginia Beach
You’ve probably seen billboards and cheesy commercials advertising chapter 7 bankruptcy Virginia cost. Is it a good idea to use cheap bankruptcy lawyers in Hampton Roads? Probably not. You’re right to be cost-conscious when you’re already strapped for cash, but a cut-rate bankruptcy attorney is going to cost you in the long run. Lawyers that offer reduced-fee filing often hand your case down to a paralegal that handles the whole thing with little or no supervision. The low price comes with inexperience and poor attention to detail. Paralegals play an important role in legal work, but you want to have your case in the hands of an attorney.
Remember you get what you pay for
Our cheap chapter 7 bankruptcy lawyers in Virginia Beach are the best. For more information on finding cheap bankruptcy lawyers in Hampton Roads.
Chapter 7 Bankruptcy Virginia Cost
The courts must charge a $245 case filing fee, a $75 miscellaneous administrative fee, and a $15 trustee surcharge. Normally, the fees must be paid to the clerk of the court upon filing. With the court’s permission, however, individual debtors may pay in installments. 28 U.S.C. § 1930(a); Fed. R. Bankr. P. 1006(b); Bankruptcy Court Miscellaneous Fee Schedule, Item 8. The number of installments is limited to four, and the debtor must make the final installment no later than 120 days after filing the petition. Fed. R. Bankr. P. 1006. For cause shown, the court may extend the time of any installment, provided that the last installment is paid not later than 180 days after filing the petition. Id. The debtor may also pay the $75 administrative fee and the $15 trustee surcharge in installments. If a joint petition is filed, only one filing fee, one administrative fee, and one trustee surcharge are charged. Debtors should be aware that failure to pay these fees may result in dismissal of the case. 11 U.S.C. § 707(a).
Are There Any Other Chapter 7 Bankruptcy Cost In Virginia Beach
We now know that attorneys may charge more for complications. Your
average bankruptcy case doesn’t have any — most are fairly
straightforward. You’ll file, you’ll either surrender your assets or
work out a payment plan, you’ll get your discharge, and you’ll go on
your merry way. However, not every case is so simple.
Bankruptcy isn’t just about filing forms. There’s a lot of room for litigation, especially surrounding Chapter 7 exemptions. So, while attorney fees for an easy, open-and-shut Chapter 7 case will fall around $900-$1,500, most firms will charge more if court time becomes necessary, however there are cheap bankruptcy lawyers in Hampton Roads that may charge less.
For example, say the Bankruptcy Trustee objects to your valuation of some property you want to exempt. That question will have to be resolved in front of a judge. Your cheap chapter 7 bankruptcy lawyers in Virginia Beach will have to prepare a defense and appear in court, which will probably cost you a few hundred dollars extra. If someone files an adversary proceeding in your case (perhaps objecting to your discharge on grounds of fraud or concealment of records), you’re looking at a lot of research, preparation for a whole case, and plenty of court time. The bill for an adversary proceeding may well be in excess of $10,000.
Of course, these scenarios are relatively rare. Most cases proceed smoothly if you have a competent lawyer. However, the scenarios above are possible and you should be aware of them as you calculate the chapter 7 bankruptcy Virginia cost.
Bankruptcy isn’t just about filing forms. There’s a lot of room for litigation, especially surrounding Chapter 7 exemptions. So, while attorney fees for an easy, open-and-shut Chapter 7 case will fall around $900-$1,500, most firms will charge more if court time becomes necessary, however there are cheap bankruptcy lawyers in Hampton Roads that may charge less.
For example, say the Bankruptcy Trustee objects to your valuation of some property you want to exempt. That question will have to be resolved in front of a judge. Your cheap chapter 7 bankruptcy lawyers in Virginia Beach will have to prepare a defense and appear in court, which will probably cost you a few hundred dollars extra. If someone files an adversary proceeding in your case (perhaps objecting to your discharge on grounds of fraud or concealment of records), you’re looking at a lot of research, preparation for a whole case, and plenty of court time. The bill for an adversary proceeding may well be in excess of $10,000.
Of course, these scenarios are relatively rare. Most cases proceed smoothly if you have a competent lawyer. However, the scenarios above are possible and you should be aware of them as you calculate the chapter 7 bankruptcy Virginia cost.
You’ve probably seen billboards and cheesy commercials advertising chapter 7 bankruptcy Virginia cost. Is it a good idea to use cheap bankruptcy lawyers in Hampton Roads? Probably not. You’re right to be cost-conscious when you’re already strapped for cash, but a cut-rate bankruptcy attorney is going to cost you in the long run. Lawyers that offer reduced-fee filing often hand your case down to a paralegal that handles the whole thing with little or no supervision. The low price comes with inexperience and poor attention to detail. Paralegals play an important role in legal work, but you want to have your case in the hands of an attorney.
Remember you get what you pay for
Our cheap chapter 7 bankruptcy lawyers in Virginia Beach are the best. For more information on finding cheap bankruptcy lawyers in Hampton Roads.
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