Wednesday, December 11, 2013

Bankruptcy Attorney In Denver Co

By Rose Kramer


Have you unfortunately ended up under a lot of debt? Are your bills pending and you have no means of paying them? Are you stuck in the middle of nowhere and are about to breakdown? Are you worried about your family and losing your property in the foreclosure? If you answered any of those questions with a yes, you should probably talk to a bankruptcy lawyer.

How Can a Bankruptcy Lawyer Help You?

What a Bankruptcy Lawyer can do for you:

Filing for bankruptcy is a complicated matter, a lot harder than most people think. There are many forms and documents that must be filled out, a lot of data to collect, and knowledge of when to file what. Just getting all the right forms for your specific case is no small feat. That is where a Bankruptcy Lawyer can help.

The majority of bankruptcy filings that were done in over the last several years are chapter 13. This is the bankruptcy filing that allows for a consolidation and repayment of your debts.

As per the latest amendments that were made to the bankruptcy related laws, the cost of filing a bankruptcy is $306 for Chapter 7 and that of Chapter 13 is $281. An important thing to note here is that, that this is just the cost of filing a bankruptcy plea with the court and does not include the lawyer's fee. The lawyer will charge his fee as per the complexity of the situation and as per the amount of work involved.

What is The Cost of Hiring a Bankruptcy Lawyer?

Depending upon the chapter you file your case under, a lawyer may charge a different fee. The fee also depends upon the time that the plea may take and the amount of work that the lawyer will have to do. The lawyers charge somewhere around $1500 on an average for a Chapter 7 bankruptcy while the fee for Chapter 13 bankruptcy is up-to $5000.

Overall, if you need help and fear you might lose your house, your car, or your paychecks might get garnished, the cost of losing those things far outweighs the cost of hiring a bankruptcy lawyer. It's always worth it in my opinion to seek the assistance of an expert when it comes to something as important as your financial future and your family's well-being.




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