How much will a Chapter 7 bankruptcy cost?

A typical personal Chapter 7 Bankruptcy will cost approximately $1500 in attorney fees plus a $299 filing fee in the Boston area. This is also called a “full-service representation” in the Boston area.

This includes filing the schedules of income and expenses, listing of creditors and making sure the addresses of creditors are accurate, listing of exempt properties, determination of which bankruptcy exemptions to take, depending on your assets, an attorney will determine the appropriate chapter of bankruptcy to file under in order to retain as much property as possible for the debtor.

The attorney accompanies you to the “341 Meeting” as part of the fee. However any additional fees associated with the case will cost extra.