What is the difference between Chapter 7 and Chapter 13 bankruptcy?

Chapter 7 bankruptcy is a complete liquidation of an individual’s debt, whereas Chapter 13 is a repayment of all or part of an individual’s debts.

How do I know if bankruptcy is right for me and which one should I file?

Contact Giannola Legal LLC to set up a free, no obligation consultation. The attorneys at Giannola Legal LLC have filed thousands of bankruptcies and are able to best advise if bankruptcy is an appropriate option for your circumstances, and which bankruptcy you qualify for through a series of questions regarding your household size, household income, assets, debt level, and living expenses.

Do I have to go to federal court during my bankruptcy proceedings?

No. The attorneys at Giannola Legal LLC handle any and all court appearances without the debtor having to appear. The only appearance the debtor is required to make is the 341 meeting with the trustee assigned to his or her case, and one of our attorneys will prep you before the meeting and accompany you to the meeting.

How do I pay for a bankruptcy and how much does it cost?

For a Chapter 7 bankruptcy, you must pay for all of the legal fees up front, which include the court filing fee. Chapter 7 fees range from $1,500 to $1,800 depending on the complexity of the case. For a Chapter 13 bankruptcy, you pay for a portion of the legal fees (which includes the court filing fee) up front, and the remaining fees are paid through the bankruptcy repayment plan. Chapter 13 fees are $4000 depending on the complexity of the case. We frequently offer bankruptcy specials so be sure to follow our firm page on Facebook.