I finally got all my bankruptcy paperwork finished last week and mailed off to the lawyer I’ve been working with. I could have swore I remembered the fee being $1,000 when we had a meeting a few months ago.
It’s $1500 + $299 Filing Fee.
Yikes. I have a family member who has offered to cover 1K of the fee (to be paid back someday in the future. Not my favorite option, but I can’t afford $1800 right now and I can’t afford to put off the BK any longer either. So, crap).
The lawyer is very experienced, and I had quite a bit of trouble with all the paperwork that they requested. Mostly due to me stupidly not keeping good books last year and earlier this year for my business.
I know there are cheaper Ch. 7 lawyers in Seattle, but unless the fee agreement (which I haven’t signed yet. It should show up tomorrow) is crazy, I think I’ll just take the family money, pony up some of my own and just get this over with.
This whole crazy mess is really messing with my business confidence at the moment. It’s fine that it messes with me personally, that’s to be expected. But it’s starting to spill over into my business, which is not cool.
{ 3 comments… read them below or add one }
You should publish an updated balance sheet as of the end of your bankruptcy. Your $300k number should be much smaller now, right?
Just think of how expensive it is for all the creditors you borrowed money from and never paid back.
As far as theft goes, bankruptcy is the best deal around.
Is this a business and personal bankruptcy or just personal? I am confused.