Los Angeles Bankruptcy Lawyer | Bouldoukian Law Firm

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Firm Updates

The Breakdown: The Cost of Filing for a Chapter 7 Bankruptcy

When a person calls a bankruptcy attorney’s office, the first thing they want to know are the fees associated with filing their case. Paying the fees can feel as daunting as filing the case itself. During a Free Consultation, our office will review these fees with you in great detail. Whether the consultation is over the phone or in person, we will quote you a flat fee to file your case.

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Assets in a Bankruptcy

Assets play different roles in a bankruptcy case. Today, we are going to talk about assets as they pertain to a Chapter 7 Bankruptcy. The majority of individuals filing for a Chapter 7 bankruptcy, file what is called a “no-asset” case. This means that your property was not liquidated and used to pay creditors.

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