How much does Chapter 13 Bankruptcy cost?
Chapter 13 Bankruptcy in South Carolina can be quite costly. First, you must pay a filing fee of $335 to the court. You may also be required to pay an attorney to help you through the process. Depending on the complexity of your case, an attorney’s fees may range from $1,000 to several thousand dollars. You will also need to pay a credit counseling class fee of up to $50. In addition, if you are approved for Chapter 13 Bankruptcy, you must pay your creditors the amount you owe them. This may include a payment plan over a period of up to five years. The payments will depend on how much you owe and your ability to pay. They may range from a few hundred dollars a month to thousands of dollars a month. Finally, you will be required to pay for a debtor education class, which usually costs around $50. This class is designed to help you understand how to manage your finances after bankruptcy. Overall, the cost of filing for Chapter 13 Bankruptcy in South Carolina can range from several hundred to several thousand dollars depending on your case. It is important to speak with an attorney to discuss the potential cost of the process.
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