bankruptcy attorneys fees

What are the attorney’s fees for filing for bankruptcy in California?
At this time the Bankruptcy Court filing fee is:
Chapter 7: $299.00
Chapter 13: $274.00
Chapter 11: $1,039.00
This would be the filing fee for the Court and info can be found at:
http://www.bankruptcyinformation.com/CA_courts.htm
As for the Attorney Fee’s, the Retainer varies on several aspects:
In addition to the filing fee, your attorney will need a retainer fee. An attorney charges a retainer fee for their services which is based on individual aspects.
Since the change of the Bankruptcy Law in 2005, a lot of attorney’s have increased their fees due to the amount of work required by the Court.
A lot of client’s don’t realize their attorney’s obligations and requirements before and during filing and don’t understand how much work it actually takes.
In my experience, the Basis for determining Retainer fees is:
1. Client’s Income
2. Client’s Expenses
3. Client’s Secured Debt Expenses
4. Client’s Living Situation
5. Client’s Experiences
6. Ability to Pay versus Severity of Need
7. Complexity of case:
a. How much assets?
b. How much income and expenses?
c. Transfers?
d. Possibilty of Creditor Conflict?
e. Unusual Situations which will cause concern or inquiry from the Court or Trustee.
One of the reasons attorney’s make you bring them all your info to your consult is so that they can determine the appropriate fee.
Just remember that although they are there to help you, they must pay their employees.
In some cases, attorneys may charge low retainers or waive their retainers for those clients in special situations.
Also, depending on your situation, the Court and Consumer Credit Counseling agencies may waive your fees.
To find an attorney in your area, go to:
http://www.abanet.org/legalservices/lris/directory/
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