In bankruptcy, you’d pay pennies on the dollar toward that debt.
Consider that the average indebted household carries over $15,000 in credit card debt alone, not to mention medical debt, personal loans, second mortgages on underwater homes, and other types of unsecured debt.
How Much Does it Cost to File Bankruptcy in Utah?
In bankruptcy, you’d pay pennies on the dollar toward that debt.
Consider that the average indebted household carries over $15,000 in credit card debt alone, not to mention medical debt, personal loans, second mortgages on underwater homes, and other types of unsecured debt.
Should I Use An Attorney?
With An Attorney
- The success rate is over 95% for Chapter 7 cases filed with the help of an attorney and over 55% for Chapter 13 cases.
By Yourself
- Compare that to the 60% success rate for Chapter 7 cases filed by yourself and the 0.04% success rate for Chapter 13 cases.
COSTS
When it comes to bankruptcy in Utah, it pays to have a reliable lawyer.
- If you file for yourself, then the costs add up to $350 – $450. But it is extremely likely that your case will be dismissed and you’ll have to face your creditors alone.
- With an attorney, an average Chapter 7 case can cost anywhere from $1,500 to $3,000. An average Chapter 13 case will run you from $3,000 to $4,000.
Compared to the cost of your debt, bankruptcy can save you thousands of dollars.
COSTS
When it comes to bankruptcy, it pays to have a reliable lawyer.
- If you file for yourself, then the costs add up to $350 – $450. But it is extremely likely that your case will be dismissed and you’ll have to face your creditors alone.
- With an attorney, an average Chapter 7 case can cost anywhere from $1,500 to $3,000. An average Chapter 13 case will run you from $3,000 to $4,000.
Compared to the cost of your debt, bankruptcy can save you thousands of dollars.