Bankruptcy

Also known as a reorganization bankruptcy, a Chapter 13 Bankruptcy is filed by people who want to pay off a portion of their debts over a period of 3-5 years. This type of bankruptcy appeals to individuals who have non-exempt property that they want to keep. It is also an option for individuals who have predictable income and whose income is sufficient to pay their reasonable expenses with some amount left over to pay off their debts.

A bankruptcy attorney’s fee will vary, but usually falls within the range of $3,000 - 5$,000. Some attorney’s will provide a free initial consultation, so check with your attorney.