As reported by US News and World Report, a number of cash-strapped Americans, overloaded with debt, will not be able to afford to file for bankruptcy this year. Anywhere between 200,000 and 1 million consumers are estimated to be unable to front the $1,500 average cost to pay for the filing and lawyer fees for a Chapter 7 bankruptcy protection, according to recent research submitted to the National Bureau of Economic Research.
Don’t let the supposed “cost” of bankruptcy cost you in the end. Chapter 13 can be filed for as little as $295 plus court fees and costs. Prevent a foreclosure or stop a garnishment today by contacting one of the attorneys at The Sader Law Firm for a free personalized consultation. Let our decades of experience work for you. Call us at 816-281-6349.