Fee For Chapter 7 Bankruptcy Chapter 7 = $500 Legal + $15 First Certificate paid directly to https://1stopbk.com = $515 Total to Get the Case Filed Then after the case is filed, the Payments for the remaining $338 of the Court Filing Fee are paid installments over the following three months directly to the US Bankruptcy Court. The Court also requires each person to purchase the 2nd $7 per person Certificate of Debtor Education from https://1stopbk.com after the case has been filed.
Total Single Filer Chapter 7 = $860 Total Married Couple Chapter 7 = $867
Maximum Income Rates We must prove you do not make too much money to file a Chapter 7 bankruptcy. Too much money depends upon how much money your household averaged during the last six months just before we file your Chapter 7 bankruptcy. The maximum household income levels for an easy Chapter 7 bankruptcy are:
Maximum Household Income For An Easy Chapter 7 Bankruptcy: One person $76,692 = $6,414/mo. Two people $89,711 = $7,476/mo. Three people $107,724 = $8,977/mo. Four people $128,225 = $10,685/mo. Five people $138,125 = $11,510/mo. Six people $148,025 = $12,335/mo. Seven people $157,925 = $13,160/mo. Eight people $167,825 = $13,985/mo. We are a debt relief agency. We help people file bankruptcy under the bankruptcy code. UA-133654451-4
Chapter 7 Requirements You are eligible to file a Chapter 7 Bankruptcy if you have not filed a Chapter 7 in under 8 years, nor completed a Chapter 13 that was filed under 6 years ago. You may not have an extremely valuable asset, such as a large stock portfolio. However, your 401ks, IRAs, pensions Cannot Be Seized in bankruptcy.
Also your regular net income must be less than your ordinary monthly expenses, and your total household yearly gross income during the most recent 6 months must be under the census bureau median income for a household of your size.
Washington State Now Has A New Generous Homestead Exemption: Homeowners in Washington now no longer have to fear losing their homes in bankruptcy even if they have built up substantial equity as long as they are living in that home when they file for bankruptcy. (Your home equity is the amount left over after you subtract the total of all your mortgages from the total amount your home could be sold for today.) If you have owned your home shorter than 40.5 months, then your home equity is exempt up to $189,050 in bankruptcy. If you have owned your home longer than 40.5 months, then your homestead equity can be even greater. For example, if you have owned your home for more than 40.5 months in Snohomish County, then your home equity is exempt in bankruptcy up to $676,900. And if you have owned your home for more than 40.5 months in King County, then your home equity is exempt in bankruptcy up to $838,300. Note: if you recently sold your previous home to move into your current home, the Bankruptcy Court will allow you to tack the two homeowning periods together to get past the 40.5 months as long as both homes are in Washington State and you are living in your home when you file for bankruptcy. At the Law Office of Andrew Gebelt, we offer a free initial consultation by telephone. If you decide that bankruptcy is right for you, attorney Gebelt will personally meet with you to help you with the paperwork. We do not ask you to fill in a long, exhaustive questionnaire. Instead, attorney Gebelt will do the paperwork for you. You just have to provide needed financial verification such as paycheck stubs, bank statements and income tax filings. We offer clients an affordable, streamlined process which may let you emerge from Chapter 7 bankruptcy in as little as three months. We will also help you obtain your pre-filing certificates of credit counseling easily from https//:www.1stopbk.com