Why does it cost money for a bankruptcy filing?

As an Asheville bankruptcy lawyer, when I tell people about the costs of a bankruptcy filing, I get some strange looks.  Most people who need a bankruptcy filing do not have extra money lying around ready to be spent on paying a bankruptcy attorney.

Here is a great article about a recent bankruptcy study which explains the costs.

Part of my job is to create a financial plan which provides a fresh start.  Before we do anything, we’ll talk about how you will be able to pay the fees associated with a bankruptcy case.  Sometimes, I’ll advise a potential client that extra money they have is better spent elsewhere, like catching up on a car payment.  Most times, however, finding the proper source for fees (not paying unsecured creditors anymore, borrowing from a family member, or saving up money each month) can be a simple matter of putting a plan together and executing it.

The result is a fresh start financially, and an end to the constant stress or worry.  If you are ready to get started, and live in Western North Carolina, I would be pleased to speak with you during a free initial consultation.

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