How much does it cost to file for chapter 13? Can I do it myself?
hugger asked:
I filed bankrupcy over 11 years ago. I want to consolidate my current debts. Can I do this myself without a lawyer?
Andre
I filed bankrupcy over 11 years ago. I want to consolidate my current debts. Can I do this myself without a lawyer?
Andre
Tags: 11 Years, Chapter 13, Debts
July 25th, 2009 at 10:02 pm
Jackie
My advice would be to talk to a lawyer
July 27th, 2009 at 12:41 pm
Lance
It depends on a lot of factors. First, attorneys cost more in some areas than other areas. Also, how complicated is your case? These are things you need to keep in mind.
First, why do you want to file Chapterr 13? If you can qualify for Chapter 7 than file for Chapter 7. (Under Chapter 7 most of your debts are discharged. Debts for student loans, child support, court fines and taxes generally cannot be discharged in bankruptcy.)
Speak with a lawyer, because you may qualify for Chapter 7 even if you think you don’t. Only a good lawyer can make this determination.
If you file Chapt. 13 you will be put on a payment plan and you will still have to repay some of your debts. Any time you pay less than you owe on a debt it hurts your credit. If you have bad credit you might as well file for Chapter 7.
You can always represent yourself in court. It’s a bad idea, but you can do it. I would hire a good lawyer. Call around because the prices vary dramatically. You want a lawyer who specializes in bankruptcy. Avoid the general practioner who only occassionally represents a client in bankruptcy court.
I filed for Chapter 7 in Albuquerque, New Mexico about nine months ago and I paid my attorney $1,200, which covered everything. I had a great lawyer.
Good luck.
July 29th, 2009 at 1:33 pm
Eileen
Sure you can…Google it and do it yourself.
However you could really screw the already screwed financial pooch if you don’t follow the correct procedure.
At least consult an on-line legal service for exact steps…some of the laws have changed.