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What is average in your area might not be so average in another area. Attorney fees vary by district and can even vary widely from state to state. A recent study using data from 2005 to 2009 shows that the average fee for a Chapter 7 bankruptcy, nationally, is between $1,080 and $1,200. But when it was broken down by state, the average fee was as low as $700 in Idaho and as high as $1,530 in Arizona.
There are many factors that should be taken into account when considering filing for bankruptcy. 1. Figure out what bankruptcy options you have. Chapter 7 bankruptcy is a bankruptcy proceeding that can wipe out many of your debts in a three to six month period. However, you may lose some of your personal property. You can find out more by looking at Bankruptcy Overview: Chapter 7.