Michigan Bankruptcy Fee or Hourly Basis Fee. Each 2016(b) statement provides for compensation to be either a stated flat fee; or payment of a stated retainer amount against which the attorney would bill at a specific hourly rate, with debtor agreeing to pay all Court approved fees exceeding the retainer. During the consideration of a…
A common question I hear from clients looking into filing bankruptcy in Michigan is: “How Much Does It Cost to File Bankruptcy” You can sign up and start the process and open a file for as little as $100 down. I will open a file for you immediately, which allows you to refer all creditors to us the…
It is important to realize that all fees in Bankruptcy cases are monitored by the Bankruptcy court. Fees for your particular case will depend on your circumstances. With a simple straight forward Chapter 7 case, you will pay a flat fee. If your case is more complicated, the fee will be adjusted accordingly. Make sure…