Concord, NH asked in Bankruptcy for New Hampshire

Q: What would justify payment of more than the no look fee of $4,500 for a chapter 13 bankruptcy?

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2 Lawyer Answers

Stuart Nachbar

  • Bankruptcy Lawyer
  • Livingston, NJ

A: Motion to vacate stay, reaffirmations, certifications of default, additional confirmation hearings, adversary complaint, fighting proofs of claim to name a few

David Earl Phillips agrees with this answer

William Michael Bryk

  • Bankruptcy Lawyer
  • Antrim, NH
  • Licensed in New Hampshire

A: A chapter 13 case requires a great deal of work up front and, in most cases, the lawyer's constant attention to ensure the debtor complies with the requirements of the statutes. It is more likely than not that a $4500 fee will be earned well before the debtor begins paying his/her debts through the trustee. In my single successful chapter 13 case, my client was a careful person who completely understood what the law required of her and complied with it. She was a good and honorable woman who had simply fallen into difficulty. Most debtors don't comply, for whatever reason, and their cases fail.

David Earl Phillips agrees with this answer

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