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The Cost of Filing Chapter 7 Bankruptcy in MN

Written by Wesley Scott | October 18, 2019 at 11:15 AM

Obviously, when you are considering filing Chapter 7 bankruptcy, the cost of filing Chapter 7 Bankruptcy is important. Some firms will not give you their fees over the phone or on their website. I guess they don’t want to deal with those people wondering how much the fees are to file Chapter 7 Bankruptcy. I honestly don’t know why a firm would not share the fees with you unless they cannot justify the price of their fees to you over the phone or on their website. Maybe there is a reason why you should make some extra phone calls if the firm is not interested in helping you get your life back beyond what is in your wallet.

At Kain & Scott, we are upfront about Chapter 7 fees and costs and we also tell you why we are worth it. For a Chapter 7 Bankruptcy, you can either pay us in full, $1600.00 or you can make payments to us over the course of time assuming a third party signs a guarantee for your fees. If you go that route, our total fee is $2,000.00. Now, the $2,000.00 gets paid interest-free over time and there is no penalty for early payment. The fee is higher if you do the third party guarantee not because of interest because there is no interest, it is because we have to hire people to collect the payments.

Also, in either payment scenario, you have to pay the costs upfront. The costs upfront total $375.00 and include, credit counseling, debt management class, credit reports, asset reports, and the bankruptcy court file fee. Are we worth it? Just read our Google reviews and you be the judge!

                                                                   CONCLUSION

When the time is right, or when you are ready, reach out to Minnesota’s HIGHEST GOOGLE reviewed bankruptcy law firm at www.kainscott.com. You will be so happy you did!