Cheap Chapter 7 · Torrance
Cheap Chapter 7 Bankruptcy in Torrance for Simple Cases
Torrance's median household earns $116,217, right at the state median for a family of three. For many families, that is the line between a simple Chapter 7 and a harder one. 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 the Los Angeles Division
Does your Torrance case fit a simple Chapter 7?
Torrance's median household income of $116,217 falls below California's median for a family of four ($139,071), so larger households here often pass the first step. About 45% of Torrance 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 Torrance
About 45% of Torrance households rent, at a median of $2,280 a month, and a renter with a car and household goods often has nothing a trustee would take. California's vehicle exemption covers $8,625 of car equity, which is enough for many older cars. Cases get more complex for owners in neighborhoods like Old Torrance, since the median home value of $1,074,700 can mean equity above the homestead exemption. Overtime, a second job or a large tax refund can also change the math. Shift workers with uneven pay should bring six months of pay stubs to the first meeting.
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 Torrance are filed with the Los Angeles Division at 255 East Temple Street.
More for Torrance filers
- Bankruptcy attorney for Torrance
- Chapter 7 attorney for Torrance
- Chapter 13 attorney for Torrance
- Cheap bankruptcy in Torrance
- Affordable bankruptcy in Torrance
- Cheap Chapter 7 bankruptcy in Torrance
- Affordable Chapter 7 bankruptcy in Torrance
See every fee in one place on our bankruptcy cost page.
Cheap Chapter 7 questions from Torrance
Do I need six months of pay stubs to file Chapter 7 in Torrance?
Yes, you need about six months of pay stubs to file Chapter 7 in Torrance, because the means test looks at income from the six months before filing. Bring them to your consultation so we can check whether you fit a simple case.
How can I keep my Chapter 7 cost low in Torrance?
You can keep your Chapter 7 cost low in Torrance by bringing complete paperwork, telling us about all property up front and asking about court fee installments or a waiver. Simple cases start at our $1,200 flat fee.
Can I file Chapter 7 for free in Torrance?
Filing Chapter 7 for free in Torrance is possible only in limited cases. The court can waive its fee for low-income filers, and some nonprofit legal aid groups help people with very low incomes. Most people pay a flat attorney fee.
Free consultation
See if your Torrance 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.