How much is the attorney fee for a chapter 7 bankruptcy?

Find out how much you can expect to pay a bankruptcy lawyer for a Chapter 7 bankruptcy. While the average bankruptcy lawyer charges between $1,200 and $1,500 for Chapter 7 bankruptcy services, attorney fees can vary significantly.

Michelle: Regarding chapter 7 bankruptcy, what are the average prices for the attorney's fees? I had someone quote me around $1,700.

Attorney Paul Urich: How much?

Michelle: $1,700.

Attorney Paul Urich: Pretty much they're running between $1,300 to $2,500. It depends on who you ask. I've been at $1,300 for years now.

Attorney Tom Olsen: Whatever fee you charge, does the bankruptcy trustee or court have to approve that fee?

Attorney Paul Urich: Well, in chapter 13, if it's excessive, the judge may have a hearing on it. In chapter 7, it can be almost anything.

Attorney Tom Olsen: Do I recall that in chapter 7 bankruptcy, that you have to be paid upfront your bankruptcy fee because otherwise, you're just another creditor?

Attorney Paul Urich: Correct.

Attorney Tom Olsen: Okay. Michelle, Paul is saying that he's charging $1,300 for chapter 7 bankruptcy, but whatever bankruptcy attorney you go see, you're going to have to pay him or her in full before they start that process. Everybody, thanks much for all your great calls and questions. I do so much appreciate it. My name is Tom Olsen, you can reach me at the Olsen Law Group in Orlando next week. Remember, we're always happy to give you a few minutes of free legal advice at the Olsen Law Group. Everybody, have a great weekend. We'll be back next Saturday.