Leeds Bankruptcy Lawyers & Moody Bankruptcy Attorney
$850 Chapter 7 Bankruptcy
In Leeds, Alabama, our bankruptcy attorneys charge $850 to file most Chapter 7 bankruptcy cases in and around Jefferson County. If debt is becoming a struggle you can no longer deal with, our Leeds bankruptcy lawyers can help you gain financial relief via bankruptcy and are here to guide you through the entire process.
Filing for Bankruptcy in Leeds
Once your initial consultation with our Leeds bankruptcy lawyer is set up, you’ll receive a questionnaire that you’ll need to fill out and bring with you to the appointment. If a phone appointment is what you opted for, one of our Leeds bankruptcy attorneys will call you back, normally the same day, and quickly go over your financial situation in general. Should an in person consultation still be necessary after this, then we can set up a meeting in our Birmingham office.
Certain documentation will be needed, depending on your particular circumstance., including your last 2 years tax returns, your last six (6) months of income information (usually in the form of your pay stubs), and a list of your creditors whether in the form of bills that you have or a list that you actually write out for us. Once we go over this situation and determine whether bankruptcy makes sense for you, we’ll discuss moving forward with your filing.
Chapter 7 or Chapter 13 bankruptcy are the two most common types of filings. A Chapter 13 bankruptcy is essentially a 3-5 year payment plan, administered via the Bankruptcy Court, where you pay your creditors off over time allowing you to get caught up on certain important bills such as your mortgage or a car payment. The most commonly known is the Chapter 7 bankruptcy, a much quicker and simpler type than a Chapter 13 and usually last about 90 days. This eliminates most, if not all of your unsecured debts very quickly. You must, however, be eligible for this type of bankruptcy. Whether you qualify is based on income using your last six months of pay stubs or other proof of income for the last six months is required in order to make this determination.
Once your bankruptcy case is filed, whether a Chapter 7 or 13, you will have to go to a Meeting of the Creditors or 341 Hearing. This meeting usually just has a trustee present ( no creditors or judge) who will ask you a few questions under oath. One of our Leeds bankruptcy lawyers will be there with you for this meeting, and it usually consists of the Trustee in your case asking a few simple questions. If you live in Leeds or the surrounding areas of Bessemer, Pelham, Trussville, Gardendale, Hoover, Alabaster (or anywhere else in Shelby or Jefferson County) then this meeting will likely be at the Federal Courthouse in downtown Birmingham.
How Much Does Filing for Bankruptcy in the Leeds Area Cost?
Our Leeds bankruptcy lawyers charge $850 in attorney’s fees for simple, no asset Chapter 7 bankruptcy cases throughout Alabama. This would include most Chapter 7 filings, but there may be additional costs if there are complex legal issues such as corporate, divorce, or other such issues that would require a significant amount of additional time to handle or are likely to involve hearings. However, there is always a filing fee that the court charges as well, which is currently $335 in Chapter 7 bankruptcies. Additionally, there is a small fee for pulling your credit report (usually around $30), and there are two courses (a debt management and a credit counseling course) that you must complete and pay their fees, which combined usually total around $45 (each course usually takes about an hour to do online). So, to file a Chapter 7 bankruptcy with our law firm, the combined costs, including attorney fees, filing fees, and all additional fees, will usually be approximately $1260 total.
Although a Chapter 7 bankruptcy can benefit you by potentially discharging your unsecured debts, sometimes another type of bankruptcy called a Chapter 13 would be preferable. A Chapter 13 case is much less expensive to get filed, since most of the attorney fees get paid in the five year payment plan, so there are less cost up front. When you call our bankruptcy lawyers in Leeds and set up a consultation, we will go over your situation with you and help you figure out which type of bankruptcy is the best option for you.
The Harris Firm regularly files bankruptcy cases in the Jefferson County area and are familiar with the local requirements in the U.S. Courts there. Attorney Steven Harris is a member of the Central Alabama Better Business Bureau and the local Birmingham Bar Association, and he is usually the attorney that meets with potential clients in our Birmingham office. If you need some financial relief then give our Leeds bankruptcy attorneys a call today for a consultation in person or over the phone.