Simon Fitzgerald LLC: Your Trusted Partner in Navigating Bankruptcy Fees and Costs in Louisiana
Financial distress can be overwhelming, but remember, you’re not alone. Simon Fitzgerald LLC, a leading bankruptcy law firm in Louisiana, is here to guide you through the intricate bankruptcy process. Established in 1907, we are the oldest bankruptcy law firm in the state, boasting over 50 years of dedicated bankruptcy practice.
We understand the financial constraints you may be facing, so we offer FREE in-office or telephone consultations, a $0 Down, No-Attorney Fee Up Front for Chapter 13 case filing, and innovative payment plan solutions for Chapter 7 filings. Our seasoned attorneys will explain all your options and costs, crafting a solution tailored to your unique situation.
Chapter 13 Bankruptcy: $0 Down, No-Attorney Fee Up Front – A Cost-Effective Solution for Debt Relief
In most Chapter 13 cases, we do not require you to pay any attorney fees in advance because the attorney fees and expenses are included in the monthly payments to the Chapter 13 Trustee. Court fees and costs are normally paid before filing but, in some cases, may be paid in installments. Chapter 13 is a low-cost alternative that provides immediate protection from creditors’ collection efforts and establishes an affordable repayment plan that empowers you to restore control of your finances and puts the ball in your court. For more information, you can visit the US Courts website, here.
Many clients initially inquire about Chapter 7, seeking a swift resolution. However, they are often surprised to learn that Chapter 13 allows them to catch up on overdue payments and retain valuable assets like homes or vehicles. Chapter 13 provides relief by halting foreclosures, repossessions, and debt collections. It allows you to repay some of your unsecured debts over time based on your income and expenses. The flexibility and customization Chapter 13 provides, including typically not having to pay any attorney fees up-front and usually only paying $330.00 up-front for court costs, credit counseling, and a credit report fee), make Chapter 13 the most popular bankruptcy filed.
Chapter 7 Bankruptcy: A Swift Path to Financial Relief
Chapter 7 bankruptcy, often called liquidation bankruptcy, allows you to swiftly eliminate unsecured debts like credit card debt, medical bills, and money judgments, usually within 4-6 months. The court cost for Chapter 7 bankruptcy in Louisiana is currently set at $338.00. However, this does not include the attorney fees, which can range between $1,000.00 and $2,000.00, depending on the complexity of your case. Additional fees and costs may include credit counseling or financial management classes and the cost of pulling your credit report. However, Chapter 7 requires the up-front payment of fees and costs. Sometimes, clients choose Chapter 7 to quickly eliminate debt and start rebuilding their credit without the constraints of Chapter 13 plan payments. While Chapter 7 may involve liquidating non-exempt assets, it is a speedy route to financial relief in Louisiana for those who qualify.
Why Are Chapter 7 Fees Paid up front?
The requirement to pay the entire fee up-front for Chapter 7 creates a potential conflict of interest, as attorneys cannot collect fees after filing since unpaid fees are discharged as unsecured debts. At Simon Fitzgerald, we understand the need for flexibility. That’s why we’re willing to work with you on creative solutions that may allow you to pay for Chapter 7 in installments. While we cannot file your case until the fee is paid in full, we will begin preparing your case and advise you on handling your creditors during this time best.
Free Case Evaluation – In-Office or by Telephone
We invite you to a FREE consultation at one of our offices in Shreveport, Alexandria, Lafayette, or via telephone. Our experienced bankruptcy lawyers are often available for same-day appointments. They will sit down with you in a no-cost, no-obligation free consultation to discuss your financial situation and options for debt relief. Don’t let misinformation guide your decisions; it’s time to get expert advice from an experienced lawyer. Discover your real options rather than relying on hearsay or opinions.
Take the First Step Today!
Ready to take the first step toward financial freedom? Understanding Chapter 7 and Chapter 13 doesn’t have to be complicated. Our free guide simplifies it for you. Our bankruptcy experts are always here to help if you have any specific questions. When you’re ready to take the next step, Book Your Free Telephone or In-Office Consultation Now to start your journey towards financial stability with Simon Fitzgerald LLC today.
