What Will Bankruptcy Cost?
One of the most pressing questions that people who are facing bankruptcy have involves the cost. And it is not surprising. Many bankruptcy law firms do not disclose their costs, because they charge too much for their services, and because they have many fees and costs that they do not want to disclose up front.
At Walton Legal Services, we do things differently. Our attorneys want you to know up front exactly what it will cost you. Our prices are very reasonable, and we do not have any hidden fees or costs. At a time when you need all the financial help you can get, we do not want our legal services to drain you of whatever benefit you will receive from bankruptcy.
Walton Legal Services: More than 30 years | More than 30,000 bankruptcies filed
Chapter 7 Bankruptcy Fees
Indianapolis cases (residents of Bartholomew, Boone, Brown, Decatur, Fountain, Hamilton, Hancock, Hendricks, Johnson, Marion, Monroe, Montgomery, Morgan, Rush and Shelby Counties):
Individual filing
- Attorney fees $589
- Credit report $30
- Court costs (filing fee) $306
Total: $925
Joint filing
- Attorney fees $619
- Credit report $50
- Court costs (filing fee) $306
Total: $975
Other cases (residents of Clark, Clay, Clinton, Crawford, Dearborn, Delaware, Fayette, Floyd, Franklin, Greene, Harrison, Henry, Howard, Jackson, Jefferson, Jennings, Knox, Lawrence, Madison, Ohio, Orange, Owen, Parke, Putnam, Randolph, Ripley, Scott, Sullivan, Switzerland, Tipton, Union, Vermillion, Vigo, Washington and Wayne Counties):
Individual filing
- Attorney fees $639
- Credit report $30
- Court costs (filing fee) $306
Total: $975
Joint filing
- Attorney fees $669
- Credit report $50
- Court costs (filing fee) $306
Total: $1,025
1) This is not an "estimate" or a "from" a stated fee. These are the exact fees we charge all Chapter 7 clients residing in the above counties.
2) All fee terms are disclosed in a written Retainer Contract reviewed and signed by the Client before any obligation to pay fees is incurred.
3) Chapter 7 cases require the payment of an initial $150 retainer fee, which includes the cost of a Credit Report, with the balance of the above amounts paid in full prior to filing of the Chapter 7 Petition with the Bankruptcy Court.
4) Debtors filing for bankruptcy must also complete a Credit Counseling session at an approximate cost of $50, and a debtor education/financial management session at an approximate cost of $15, with an approved agency. We will direct you to an appropriate agency, but we do not collect these fees, and they are not included in the above fee schedule.
5) At this time, we are not accepting cases from debtors residing in counties except those on the above two lists.
Chapter 13 Bankruptcy Fees
We are only accepting Chapter 13 cases from debtors who reside in the following counties: Bartholomew, Boone, Brown, Clark, Clay, Clinton, Crawford, Dearborn, Decatur, Delaware, Fayette, Floyd, Fountain, Franklin, Greene, Hamilton, Hancock, Harrison, Hendricks, Henry, Howard, Jackson, Jefferson, Jennings, Johnson, Knox, Lawrence, Madison, Marion, Monroe, Montgomery, Morgan, Ohio, Orange, Owen, Parke, Putnam, Randolph, Ripley, Rush, Scott, Shelby, Sullivan, Switzerland, Tipton, Union, Vermillion, Vigo, Washington and Wayne Counties.
Individual Filing
- Attorney fees $614
- Credit report $30
- Court costs (filing fee) $281
Total: $925
Joint Filing
- Attorney fees $594
- Credit report $50
- Court costs (filing fee) $281
Total: $925
1) This is not an "estimate" or a "from" a stated fee. These are the exact fees we charge all our Chapter 13 clients residing in the above counties in order to file their Chapter 13 Petitions with the Bankruptcy Court.
2) As do all attorneys representing debtors in Chapter 13 cases, we charge and receive additional fees, which are paid to us by your Chapter 13 Trustee during your case. These additional fees range from $1,500 to $2,924 and are charged based upon the complexity and duration of your case. Their amount is disclosed and agreed upon in advance, before you have any obligation to us. We are your attorneys for the entire three to five year term of your case, and these fees cover all normal services during that period. We do not charge any additional amounts for Plan Modifications or dealing with your creditors or Trustee if you experience difficulties during your case.
3) All fee terms are disclosed in a written Retainer Contract reviewed and signed by the Client before any obligation to pay fees is incurred.
4) Chapter 13 cases require the payment of an initial $150 retainer fee, which includes the cost of a Credit Report, with the balance of the $925 paid in full prior to filing of the Chapter 13 Petition with the Bankruptcy Court.
5) Debtors filing Chapter 13 must also complete a Credit Counseling session at an approximate cost of $50 and a Debtor Education/Financial Management session at an approximate cost of $15, with an approved agency. We will direct you to an appropriate agency, but we do not collect these fees, and they are not included in the above fee schedule.
Contact Our Indiana Bankruptcy Lawyers for a Free Consultation
If you are looking for an Indianapolis debt-relief lawyer to help you find the road to financial freedom, call one of our Indianapolis law offices, call our Columbus, Indiana, office or contact us online. We offer free initial consultations, and we give you detailed up-front information about our fee arrangements, so there will be no surprises.
