Bankruptcy Law Questions? Ask a Bankruptcy Lawyer.
Hi - my name is XXXXX XXXXX I'm a Bankruptcy litigation attorney. Thanks for your question. I'll be glad to assist.
This is likely a Chapter 13 bankruptcy, which is where a person enters into a reorganization of debts and establishes a payment plan to pay off all debts over time. This bankruptcy allows the debtor to KEEP all of his assets/property as opposed to a Chapter 7 (which is a complete liquidation).
Thus, a Chapter 13 is likely what you're looking to file. Here's a good link about it: http://www.uscourts.gov/FederalCourts/Bankruptcy/BankruptcyBasics/Chapter13.aspx
Thank you. That's exactly what I needed!
What is the average legal fee for filing a Chapter 13 in PA?
There's no such thing as an average attorney fee because each chapter 13 is different and the cost depends on the amount of assets involved, etc.
However, my broad guess would be that you're looking at $1500 - $3000, depending on the assets involved.
Thank you. That really helped.