Cheap Chapter 7 · Calabasas
Cheap Chapter 7 Bankruptcy in Calabasas for Simple Cases
About 3 in 10 Calabasas households rent. For them, a simple, low-cost Chapter 7 is often in reach after a drop in income. A simple Chapter 7 case with us starts at a $1,200 flat fee plus the $338 court fee. Call (310) 362-9071 to see if yours is simple.
- Simple Chapter 7 from $1,200
- About four months, filing to discharge
- No property sold in most simple cases
- Filed in Woodland Hills
Does your Calabasas case fit a simple Chapter 7?
Calabasas's median household income of $165,288 is above California's median even for a family of four, so many filers here need the full means test, which subtracts real living costs. About 32% of Calabasas homes are rented, and renters with little property usually fit the simplest kind of case.
- Your income passes the means test. See the California median income figures.
- Your property fits within California's exemptions. Most renters and people with modest cars do.
- You do not own a business with its own assets or debts.
- You have not moved money or property to family in the last two years.
- You have not had a Chapter 7 discharge in the last eight years.
Simple Chapter 7 cases in Calabasas
A simple Chapter 7 fits a Calabasas renter whose income over the last six months is under California's median, such as $102,797 for two people, and who owns little beyond a car and household goods. The city's median household income of $165,288 is far above that, so most simple cases here come after a job loss, retirement or divorce. Owning a home makes it complex, because a median value of $1,504,500 usually means equity above the homestead exemption. Club memberships, art, jewelry or a second car must be listed and valued, and that adds work. We tell you at the start whether your case is a simple one.
What can make a Chapter 7 cost more
Some cases take more work. Equity above the exemptions, a business, a creditor lawsuit inside the bankruptcy, recent transfers or a prior case can all add time and cost. If your case needs more, we tell you before you sign, not after.
Lowering the $338 court fee
The court fee is the same for every Chapter 7 filer in the country. You can pay it in up to four installments within 120 days, or ask the court to waive it if your household income is under 150% of the federal poverty guideline. Cases from Calabasas are filed with the San Fernando Valley Division in Woodland Hills.
More for Calabasas filers
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- Affordable Chapter 7 bankruptcy in Calabasas
See every fee in one place on our bankruptcy cost page.
Cheap Chapter 7 questions from Calabasas
Can a retired Calabasas renter file a simple Chapter 7?
Yes, a retired Calabasas renter can often file a simple Chapter 7. Social Security is not counted in the means test, and most retirement accounts are protected. We review your income and assets at a free consultation.
What is the cheapest way to file Chapter 7 in Calabasas?
The cheapest way to file Chapter 7 in Calabasas with a lawyer is a simple case with a flat fee, plus a fee waiver or installments for the court fee if you qualify. Our flat fee starts at $1,200.
Does the court fee ever get waived for Chapter 7?
The court fee for Chapter 7 can be waived when household income is under 150% of the federal poverty guideline and you cannot pay in installments. Otherwise, the $338 fee can be split into up to four payments.
Free consultation
See if your Calabasas Chapter 7 is a simple case
Call (310) 362-9071 or send the form. Bring your last six months of pay stubs.
Law Offices of John Asuncion9454 Wilshire Blvd., Penthouse Floor
Beverly Hills, CA 90212
(310) 362-9071
Monday to Friday, 9 a.m. to 6 p.m.