Chapter 7 is least expensive because you do not have to pay off any portion of your unsecured debt. The next least expensive is Chapter 13 where you repay about 10 cents on the dollar, followed by Chapter 11.
Church and Korhonen, PLLC charges $750.00 for attorney fees in a Chapter 7. Additional expenses are $299.00 in court filing fees and about $100 in mandatory credit counseling classes (these classes can be conducted over the Internet or phone).
Some people ask why are our attorneys fees are so low when compared to other bankruptcy attorneys practicing in Michigan. The answer is simple. At Church and Korhonen, PLLC, we have streamed-lined the process of gathering information from the clients, taking maximum advantage of time so that the filing process is efficient and responsive. We also understand that people seeking bankruptcy do not have large sums of money available to them. We want to help people out of these hopeless situations and our fees reflect that concern.
In this case, paying less gives you more.
No comments:
Post a Comment