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9454 Wilshire Blvd., 6th Fl. Beverly Hills, California 90212 (Los Angeles County) Phone: (310) 271-6223 Fax: (310) 271-9805 E-mail: michael.berger@bankruptcypower.com |
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My Fees
I handle all Chapter 7 bankruptcy cases on a flat fee basis. My fees for a Chapter 7 range from a minimum of $1,500.00 to a maximum of $5,000.00, depending on the complexity of the case. My median fee for a Chapter 7 is $2,000.00. My flat fee covers many things that paralegals cannot do, and other bankruptcy attorneys charge extra for. Half of the fee is due when you hire me, half is due immediately before filing of the bankruptcy petition. All costs are included except the Bankruptcy Court filling fee, which is $299.00 for a Chapter 7 and $274.00 for a Chapter 13. I typically charge $4,000.00 for a Chapter 13 bankruptcy case for debtors who work for a company, and $4,500.00 for debtors who are self-employed, though complicated cases may involve additional fees.
Adversary Proceedings and Motions are handled either on a flat fee basis or an hourly basis, according to the preference of the client. Chapter 11s are handled on an hourly basis, My hourly rate is $390.00/hour. The hourly rate for my Senior Associate Attorneys Georgeann Nicol and Michael Mahurin is $360.00/hour. The hourly rate for my Junior Associate Attorneys Sofya Davtyan, Julie Moradi-Lopes, Moran Glazer, Minha Rhee is $250.00 hour. The hourly rate for my law clerks and paralegals is $200/hour. These rates are substantially less than those charged by other bankruptcy attorneys with similar experience.
Chapter 11 business reorganizations are billed hourly, with a typical retainer of $20,000.00 for an individual or small business Chapter 11. The filing fee for a Chapter 11 is $1,039.00.
For an exact fee quote in writing for your matter, call me at (310) 271-6223 to discuss the specific facts and circumstances of your case.