how much bankruptcy attorney fee in los angeles

The cost for filing Los Angeles Bankruptcy cases in will typically run somewhere between $1000 and $2000 for the lawyer fee for Chapter 7. (Chapter 13 fees depend on so many factors that there is no point trying to figure out the fee without seeing you in person for a consultation.)

Full Answer

How much is a bankruptcy lawyer in Los Angeles?

Los Angeles Bankruptcy Lawyers - Estimated Cost Los Angeles bankruptcy lawyer fees start at about $1,100 to guide you through Chapter 7 bankruptcy and about $4,000 for a Chapter 13 bankruptcy. Most people are concerned about the cost of an attorney when filing bankruptcy in Los Angeles.

How much does a lawyer cost in Los Angeles?

Depending on numerous factors, hourly rates vary from as low as around $150/hour to more than $1000/hour. The rates, as explained above, vary depending on the attorney's experience, expertise in the area of law in question, the kind of case, the location, and other factors.

How much do bankruptcy lawyers make in California?

How much does a Bankruptcy Attorney make in California? The average Bankruptcy Attorney salary in California is $75,574 as of January 27, 2022, but the range typically falls between $56,684 and $104,345.

How much are attorney fees in California?

How much do lawyers charge in California? The typical lawyer in California charges between $164 and $422 per hour. Costs vary depending on the type of lawyer, so review our lawyer rates table to find out the average cost to hire an attorney in California.

How expensive is a lawyer?

You can pay anywhere from $50 to thousands per hour. Smaller towns and cities generally cost less while heavily populated, urban areas are most expensive. The more complicated the case and the more experienced the attorney, the more you'll pay. Lawyer fees can range from $255 to $520 per hour.

Do I Qualify for Chapter 7 in California?

Chapter 7 bankruptcy is for individuals who cannot afford to pay back their debts. To qualify, an individual must pass the means test, which is an analysis of income, expenses, and total amount of debt.

Why Choose the Law Firm of Kevin T. Simon?

When it comes to searching for bankruptcy lawyers in the Los Angeles area, you want to find attorneys who are well versed at both Chapter 7 and Chapter 13 bankruptcy cases, and can guide you toward the right option for your financial situation.

Will filing for bankruptcy affect my credit score?

A Chapter 7 bankruptcy will remain on your credit report for up to ten years. However, if you owe substantial amounts of money, it’s likely that this is already reflected in your credit score. By discharging your debts under Chapter 7, you can begin the process of rebuilding your credit.

How much are attorney and filing fees?

This depends on the complexity of the case. Most individual chapter 7 cases cost $1,350 to $2,500. These costs include the filing fee, credit report, paperwork, and attorney appearance.

What exemptions are available to me?

California does not permit the use of federal bankruptcy exemptions. You must select one of the two sets of exemptions recognized by California law. These are outlined in Section 703 and Section 704 of the California Code of Civil Procedure. Section 703 tends to be best for those who don’t have home equity.

What can a bankruptcy lawyer do?

An experienced bankruptcy lawyer can assist you in weighing the risks and benefits of filing for bankruptcy, and can help you in selecting the proper chapter of bankruptcy based on your personal circumstances. They can also aid you in drafting and filing the legal documents required to file for bankruptcy in court.

What is the purpose of bankruptcy?

The primary goal of bankruptcy is to restructure and manage a person’s overwhelming debts. In some cases, such as those for Chapter 7 bankruptcy, the purpose may shift to partially reducing or entirely eliminating such debts. Bankruptcy attorneys can provide a wide range of legal services to help their clients achieve these goals. Some examples of what a bankruptcy attorney does on a regular basis can include: 1 Ensuring that the client understands what bankruptcy is, how filing for bankruptcy will personally affect them and/or their business, and that they know what their legal obligations are if their petition for bankruptcy is approved by the court. 2 Making sure that the client complies with all the laws and procedural requirements associated with the bankruptcy process, such as attending the mandatory credit counseling courses and the 341 meeting of the creditors. 3 Gathering, drafting, and reviewing all documents and any evidence pertaining to the bankruptcy matter. 4 Offering legal counsel on any questions or concerns that a client has prior to, during, and/or after the bankruptcy petition is filed. 5 Explaining the rights and protections that a client has under the relevant bankruptcy laws. 6 Assisting the client with further bankruptcy issues, such as resolving disputes with creditors, converting their case to a different chapter of bankruptcy if necessary, and stopping creditors from harassing them after they declare bankruptcy.

Do bankruptcy lawyers charge flat fees?

Fee structure: Many lawyers will charge a flat rate when taking on a bankruptcy case. This is especially true in cases for Chapter 7 bankruptcy. This means that a client will have a general idea of how much a bankruptcy lawyer’s services will cost. It also means that the client will likely need to pay a portion of the flat fee upfront.