Thursday, September 13, 2012

Fees in a Bucks County Bankruptcy - Chapter 7


The credit to this picture comes from a bankruptcy listserv of which I am a member which then attributes the picture to Reader's Digest.  


Attorneys fees should always be discussed with your Bucks County bankruptcy attorney at the first consultation.  The filing fee is $306 for a Chapter 7 bankruptcy in Bucks County, which is set by the U.S. Trustee

After discussing legal fees, a client must understand that those fees must be paid prior to the filing of the Bucks County bankruptcy.  A Bucks County attorney cannot be considered a "creditor" under bankruptcy law.  Therefore, any payment plan arrangements must be satisfied prior to filing the Chapter 7 bankruptcy in Bucks County

Finally, each Bucks County attorney is required to file a statement with the bankruptcy petition outlining the legal fees (not including the filing fee) received from the client.  This is to ensure ethical behavior and transparency in the attorney. 

6 comments:

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