Los Angeles Bankruptcy Attorney Fees – Here They Are

Used car prices and Los Angeles Bankruptcy Attorney Fees both have a lot in common. I’m not kidding you.

Fees will vary quite a bit. There are certain few major factors that affect what a lawyer charges. I’ll go through the main factors one by one. Then, I’ll give you an idea of what the prevailing fees are based on those factors.

Los Angeles Bankruptcy Attorney Fees – Factors that affect your cost

The biggest factor is going to be which chapter of bankruptcy you need. There are two basic types of consumer bankruptcy cases, Chapter 7 bankruptcy  and Chapter 13 bankruptcy. We won’t go into the differences now, but you can read about them HERE. Once the lawyer knows what chapter you need, the lawyer needs to know whether the case is going to be simple, complicated, or somewhere in between.

Los Angeles Bankruptcy Attorney Fees – A Chapter 7 bankruptcy case is considered simple when:

• There there are only a few debts
• No assets of any real value
• The client’s financial history easy to understand
• There are no  issues that might disqualify the client for bankruptcy
• There are no issues that are likely to affect the outcome of the bankruptcy

Los Angeles Bankruptcy Attorney Fees – A Chapter 7 bankruptcy case gets complicated because:

 

• There are numerous debts, and high balances
• There may be dischargeability issues, such as large tax debts 
• There are issues that are likely to affect the outcome of the bankruptcy
• There may be issues concerning your eligibility to be in bankruptcy
• There may be valuable assets that you are trying to keep
• There may be multiple pieces of real estate 
• The client’s financial history is complex and it is difficult to understand
• Your financial records are a mess 

 

The attorney fees for a “simple” Chapter 7 case throughout the Los Angeles area will range from about $1200 to $2000, plus the court filing fee. Lawyers are kind of like used cars are. “Cheap” could mean unreliable. “Very cheap” can mean you wasted all your money. You should expect only what you pay for. If you hire a “schlocky” lawyer, expect ”schlocky” results. I don’t need or want the most expensive car in my neighborhood. But my cars have to be dependable and reliable. Hiring a lawyer is the same way. Correspondingly, the fees for a complicated case are more likely to range between $3000 and $5000. Sometimes the fees will even be more than that.

However, the “cheapest fee” is almost never going to be your ”best fee.”  Before you commit yourself to going with a cheap attorney, please read and consider this article, Affordable Los Angeles Bankruptcy Lawyers Are Your Best Value. The difference between the Cheapest Los Angeles Bankruptcy Lawyers and the most Affordable Los Angeles Bankruptcy Lawyers is like night and day. Give this article five minutes of your time. You’ll see what what we mean, and probably save yourself money and heartache.

Los Angeles Bankruptcy Attorney Fees – Most lawyers charge the same thing for Chapter 13 Bankruptcy:

The local court has established a standard set ”chapter 13 attorney fee schedule”. The ”set attorney fee”  covers the basic services that are usually necessary to file and gain court

approval of a typical chapter 13 case. A typical consumer chapter 13 case will have a “set attorney fee” of $4000. If you are self employed, the court has a “set attorney fee” of $5000. Lawyers can charge less than the set fees if they want to. However, most of the lawyers will charge you the same identical set fee as every other lawyer charges you.

Regardless of whether you think your chapter 13 case will be simple or complex, get the best lawyer that you can find. When it comes to chapter 13, the worst lawyer will probably charge you the same fee as the best lawyer. Why settle for 2nd best? There is no reason to do that.  It doesn’t save you any money. Don’t chance the outcome of your case on a lawyer who is not the most experieced and not the highest rated. There is a wonderful web site called Avvo.com where you can actually look up a lawyers rating on a scale of 1 to 10, and the lawyers are all rated according to these factors:

• Disciplinary history
• Experience
• Peer endorsements
• Client reviews

 

 Los Angeles Bankruptcy Attorney Fees. I have no doubt that we are the most Affordable Los Angeles Bankruptcy Lawyers.

We want your bankruptcy case to go as smoothly as possible, whether you hire us or hire someone else. That is why we have assembled the best packages of Free Los Angeles Bankruptcy Advice that you can find on the Internet.

You can also learn a great deal from reading Bankruptcy Questions and Answers concerning other people who are going through the same problems that you might have. If so, you will like ASK LEON  on the Nolo Publications bankruptcy blog web site at  http://blog.nolo.com/bankruptcy/. See us on Google +. On Thumbtack.  See us on Bankruptcyblogger on Google+.  On AllExperts.com.