Some clients are unsure of how they can afford to file a bankruptcy
. Ironically, paying for the bankruptcy is the easiest part in most cases. Often times, once our clients quit paying the creditors they are going to discharge, the attorney and filing fees are very easy to pay.
Congress has assessed an additional cost in the form of a pre-bankruptcy credit counseling class for all bankruptcies filed after October 17, 2005. However, the pre-bankruptcy class is only $50 (there is also a class after you file that costs the same).
Although that $50 is annoying, it is a small bump in the road to discharge a large amount of debt.