Bankruptcy Indiana

Just two weeks ago, on Nov. 1, new numbers went into effect for bankruptcy in Indiana. The changes will affect clients of the four Zuckerberg bankruptcy law offices, all of which are in the U.S. Bankruptcy Court Southern District of Indiana.

The filing fee for bankruptcy Chapter 7 in Indiana went from $299 to $306, while the fee applying to Chapter 13 bankruptcy law in Indiana went from $274 to $281. These filing fees are paid directly to the bankruptcy court, usually at the time the debtor files a case.

I’ve been a debt consolidation lawyer for a very long time now, just about 25 years, in fact.  Yet I realize that many of my Bankruptcy in Indiana readers may not understand that these filing fees I’m talking about are separate from and in addition to attorneys’ fees.  Indiana lawyers for bankruptcy charge fees for representing clients, preparing their paperwork and guiding them through the process of filing personal bankruptcy in Indiana.

Basically, the cost for having a bankruptcy attorney in Indiana help you is going to depend on how complicated the case is. In fact, that’s one of the reasons every one of my colleagues, including the Columbus bankruptcy lawyers and the attorneys in Indianapolis, Anderson, and Bloomington, all offer free consultations to new clients.  That way, there’s the opportunity to discuss all the details of your case and evaluate it before quoting any fee. 

Are you going to need student loan debt help?  Help to stop foreclosure? Payday loan debt help? Is small business bankruptcy in Indiana going to be involved?  Are there properties or other assets that are going to need appraisals?  Is a spouse and/or a business partner involved? Is it going to be more appropriate to file under Chapter 13 bankruptcy law or to file bankruptcy Chapter 7 in Indiana?

The basic level of attorneys’ fees, just like the filing fees, is set by the courts.  There are differences among Indianapolis bankruptcy lawyers, for example, in how they are willing to receive their fees – up front or as part of, say, a repayment plan under Chapter 13 bankruptcy law in Indiana.

“Adjustments for rising costs of living are not unusual in the bankruptcy world”, as one San Jose attorney points out. However, for many debtors, the benefits of the Indiana bankruptcy safety net most certainly outweigh those costs!