Melinda Murphy Dionne

Bankruptcy Attorney

Birmingham | 205.453.1012
Tuscaloosa | 205.349.5911
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    • Why You Want Melinda As Your Attorney
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    • 6 Different Ways to Get Out of Debt
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    • How Much Does it Cost to File Bankruptcy
  • Bankruptcy Options
    • Chapter 13
      • FAQ – Chapter 13 Bankruptcy
      • What are the Advantages of Filing a Chapter 13 Case?
      • Disadvantages of Filing Chapter 13
    • Chapter 7
      • FAQ – Chapter 7 Bankruptcy
    • Bankruptcy Myths
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How Much Does it Cost to File Bankruptcy

Cost Comparison of Chapter 7 Bankruptcy and Chapter 13 Bankruptcy

Assumptions:

  • Total Unsecured Debt of $50,000
  • Individual Chapter 13 Case will pay 100% of Unsecured Debt
  • Chapter 13 Plan will last 36 Months
  • No Equity in House or Cars which cannot be exempted
  • House Payment and Car Payments to be paid by Debtor Monthly (no arrearage owed)

Attorney fees shown below are the average fees charged but could be higher in complex cases.

CONSIDERATIONSChapter 13 Chapter 7
Bankruptcy Court Filing Fee$310.00$335.00
Cost for Required Credit Counseling$34.00$34.00
Cost for Required Debtor Education$15.00$15.00
Cost of Required Credit Report ($56 for Married Couple, $36 for individual)$36.00$36.00
Discharge Received36 Months120 Days
Years Bankruptcy Will be Reported on Credit Report7 Years7 to 10 Years
Monthly Payment to Trustee (payment to be made for 36 months)$1,653.10$0.00
Attorney Fee$3,750.00$1,300.00
TOTAL COSTS$57,205.44$1,720.00

Other interesting facts:  During the course of a Chapter 13 case, a Debtor cannot incur new debt without Court approval. A Chapter 13 Debtor must commit all of his disposable income to the repayment of his debt during the course of the Chapter 13 case. In a Chapter 7 case, the Court does not supervise a Debtor’s post filing activities. In addition, all monies earned by a Debtor after the case is filed belong to Debtor free of the dischargeable claims of creditors. Generally speaking, most mortgage lenders will consider a Debtor for a mortgage 24 months after the entry of their Chapter 7 discharge.

Your Birmingham and Tuscaloosa bankruptcy lawyers can explain all of your options to you. You will not be pressured to hire me, or file a bankruptcy case. Your Birmingham and Tuscaloosa bankruptcy lawyers will explain your options to you for free.

How to Get Help and Get Out of Debt

If you are tired of living with debt you cannot pay, call Melinda today.  If you are ready to take control of your debt and stop living in fear, Melinda can help you.  Call Melinda at 205-349-5911 (Tuscaloosa) or 205-255-3635 or 205-453-1012 (Birmingham).

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Tuscaloosa Office | 2606 8th Street, Tuscaloosa, Alabama 35401 | Phone: 205-349-5911

Birmingham Office | One Perimeter Park South, Suite 100N, Birmingham, Alabama 35243 | Phone: 205-453-1012

Melinda Murphy Dionne represents clients in Central and West Alabama including Birmingham, Tuscaloosa, Centerville, Fayette, Jasper, Moundville, Tuscaloosa County, Bibb County, Blount County, Fayette County, Greene County, Hale County, Jefferson County, Lamar County, Perry County, Pickens County, Shelby County, Sumter County and Walker County.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code. No representation is made that the quality of legal services to be performed is greater than the quality of legal services performed by other lawyers.

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