​7. What does bankruptcy cost and what do I need to do to file?

Your initial consultation with the Cottrell Law Firm is free.  We can help you determine if bankruptcy is right for you and what type of bankruptcy benefits you most.  If you choose to file bankruptcy, the filing fees charged by the court in the Eastern District of Texas are $335 for Chapter 7 and $310 for Chapter 13.  These fees must be paid when your case is filed unless the court waives the fees in a Chapter 7, you opt for our zero down Chapter 7 filing or the court allows you to pay them in installments in the case of Chapter 13.

Our fees for Chapter 7 bankruptcy vary depending on the complexity of your case, and we give you the option of paying all, part or none of the fees up front.  If you have a bank account and a consistent source of income you can get debt relief now, and pay for your bankruptcy for up to 12 months.  So far as we are aware, we are the only firm in East Texas offering Chapter 7 bankruptcies with zero money down.  Chapter 13 bankruptcy is more expensive, but only a small portion of our Chapter 13 fees must be paid before filing.  The remaining fees are paid monthly to the Trustee over the course of your repayment plan.  Any fee we charge must be disclosed in the bankruptcy filings and approved by the court.

In addition to these fees, you must complete a “credit counseling” course before your bankruptcy may be filed.  This counseling is done over the internet or by telephone and typically costs around $25.

If you decide to file for bankruptcy, we will give you a questionnaire and checklist to be filled out so we can complete the forms to file your case.  You will be given an opportunity to review the petition and other documents before these are filed.  Contact us for a free consultation or more information.