Can I file my bankruptcy myself? - Bankruptcy

Q: Which bankruptcy clears all debt without paying?

Chapter 7 bankruptcy can potentially clear most unsecured debts without requiring repayment. However, certain debts, like student loans, child support, and some taxes, are generally not dischargeable. It's crucial to evaluate your specific debts and consult a legal resource for guidance on eligibility and the process.

Full question:

Can I file bankruptcy on my own or do I need an attorney? How much will it cost me?

Category: Bankruptcy
Date: 04/07/2025
State: Washington

Answer:

You are not required to have an attorney but the laws and procedures have become so complicated that it is wise to have one. Fees for bankruptcy vary but there are many attorneys that handle bankruptcy cases on a routine basis and charge reasonable fees.

This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.

FAQs

How much does it cost to file bankruptcy without a lawyer?

Filing for bankruptcy without a lawyer typically involves court fees, which can range from $300 to $400, depending on the type of bankruptcy. Additionally, you may incur costs for credit counseling and other required services. While you can save on attorney fees, it's important to consider the potential costs of mistakes that could arise from navigating the process alone.

How much do you pay monthly for bankruptcies?

Monthly payments during bankruptcy depend on the type of bankruptcy filed. For Chapter 13, you may pay a set amount based on your repayment plan, which can last three to five years. The total amount varies based on your income, debts, and expenses. It's essential to create a budget that reflects your financial situation during this period.