How Much Does A Sacramento Bankruptcy Attorney Cost?
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The Short Answer: Sacramento bankruptcy attorney fees vary. As a general rule, the easier your case is the lower the attorney’s fee, and vice versa. However, in order to understand the complexity of your case and what your bankruptcy will actually cost you must explain your case to a bankruptcy attorney during a free consultation.
The Long Answer: How much a bankruptcy attorney should cost is a difficult question to answer. The unhelpful answer is “it depends.” It depends upon the complexity of your case; chapter you file under; value, quantity, and type of assets; and potential discharge, among other factors. Generally, the more complex your case, and the greater your assets and potential discharge, the more value you will receive from a skilled yet expensive bankruptcy attorney. You don’t need the world’s best and most expensive bankruptcy attorney to handle a simple no-asset chapter 7 bankruptcy, and if your bankruptcy is like that you shouldn’t spend a lot on a bankruptcy attorney. The easier the case, the more likely the average bankruptcy attorney will obtain the same result as the world’s best bankruptcy attorney. However, as the complexity and magnitude of your assets and potential discharge increase, the greater the divergence between outcomes relative to skilled and unskilled bankruptcy counsel. Put simply, when things get more complicated and there are more assets on the table and a greater potential discharge, it’s worth it to spend a little more on a skilled bankruptcy attorney to get the best possible result.
Chapter 7 Sacramento Bankruptcy Attorney Fees
Researching bankruptcy attorney fees is difficult as many bankruptcy attorneys do not list standard fees. However, to give you an idea as to what a Sacramento bankruptcy attorney may charge for a chapter 7 bankruptcy, Sacramento Law Group will list some sample chapter 7 fees. The following sample chapter 7 bankruptcy fees are illustrative only and neither guarantee nor set forth a range of fees upon which you can rely. You can only receive a firm quote for your case after speaking with a Sacramento Law Group attorney.
For a very simple chapter 7 bankruptcy Sacramento Law Group may charge roughly $900. This fee includes a professional 3-source credit report to ensure that debts are comprehensively reported for discharge. In light of the credit report, the bankruptcy attorney “fee” is really more like $750 plus $50 in expenses. More complex chapter 7 cases increase the total price and can cost more than $900; chapter 7 cases involving a business can cost far more. The only way to find out exactly what your chapter 7 bankruptcy will cost is to call a bankruptcy attorney at (916) 596-1018 for an accurate quote.
Don’t Go With The Cheapest Bankruptcy Attorney
One rule in life is that you get what you pay for. Not surprisingly, this life tenet can hold true in selecting a bankruptcy attorney. The cheapest bankruptcy attorney charges that rock-bottom price for a reason. Moreover, you might pay for that rock-bottom price tenfold in a defective filing, poor bankruptcy attorney communication, or denial of discharge.
Remember The Fees
Bankruptcy Attorney fees rarely include other bankruptcy expenses. Bankruptcy expenses include the court filing fee ($335 for chapter 7 cases) and the required education courses (cost varies, but be prepared to spend $20-$80). So, when a bankruptcy attorney quotes a price, be sure to ask if that quote includes everything that you will have to pay to complete your chapter 7 bankruptcy. If it doesn’t, tack on another $400 to the quote to understand your total cost.