Small Business Bankruptcy Pricing

Flexible Pricing for Business Bankruptcy

The cost of a business bankruptcy depends on the complexity of the case, the financial issues involved, and the strategy required to achieve your goals. Dennery Law begins with an assessment of your situation and provides a clear proposal before representation begins.

Clear Costs Before You Commit

A Practical Approach to Business Bankruptcy Pricing

No two business bankruptcy cases are exactly alike. Business and personal finances, creditor relationships, employees, vendors, leases, taxes, and the future of the business can all affect the scope and cost of representation.

Dennery Law begins by understanding your immediate concerns and long-term objectives, then evaluates the available bankruptcy and non-bankruptcy options. The goal is to provide a realistic picture of the strategy, expected costs, and potential path forward before you commit to representation.

Assess

Dennery Law begins with a no-obligation assessment of your financial situation, immediate needs, and objectives to identify the approaches that may be available.

Plan

If you decide to move forward, the firm develops a proposed strategy for restructuring, reorganization, negotiation, or liquidation and outlines the anticipated costs of representation.

Engage

Once the approach is approved—or immediately when urgent action is required—the firm can begin negotiations, bankruptcy filings, or other appropriate legal action.

Chapter 11 Pricing

Pricing Based on the Complexity of Your Case

Chapter 11 cases can involve significant legal work and court expenses, and there is no one-size-fits-all attorney fee. The cost depends on factors such as the condition of the business, the number and type of creditors involved, disputes that must be resolved, and the work required to develop and confirm a reorganization plan. Dennery Law evaluates the expected scope of the case before proposing a fee structure, allowing business owners to weigh the cost of representation against the potential financial benefit of restructuring debt and preserving or repositioning the business.

Learn About Chapter 11 Bankruptcy

Flexible Fee Arrangements

Fee Structures Designed Around Your Business

Depending on the type of matter and the circumstances of the business, Dennery Law may use different fee structures to help make legal costs more predictable and manageable.

Affordable Retainers

In appropriate cases, the initial amount required to begin representation may be reduced, with some attorney fees potentially paid through a bankruptcy plan or estate. The structure depends on the type of case, the financial condition of the business, and the proposed strategy.

Alternative Fee Arrangements

Services such as credit workouts and distressed business transactions may be billed hourly. In other matters, Dennery Law may use flat fees, not-to-exceed fees, or a combination of flat and hourly billing to provide greater predictability and help control out-of-pocket costs.

Court Costs

Understanding Bankruptcy Filing Fees

Court filing fees are separate from attorney fees and vary depending on the chapter under which a bankruptcy case is filed. Current federal bankruptcy filing fees are:

Chapter 7

$338

Chapter 11

$1,738

Chapter 12

$278

Chapter 13

$313

*These are current federal filing fees and may change in the future. Additional case-related costs may also apply depending on the circumstances.

For Eligible Small Businesses

A Streamlined Chapter 11 Option

Eligible small business debtors may be able to reorganize under Subchapter V of Chapter 11, a process designed to streamline certain aspects of small business reorganization. Subchapter V debtors are not required to pay U.S. Trustee quarterly fees, which can reduce some of the ongoing administrative costs associated with a traditional Chapter 11 case.

Pricing Information

Explore how Dennery Law approaches pricing, retainers, fee arrangements, and court costs for business bankruptcy matters.

READY TO TAKE THE NEXT STEP?

Let’s Talk About Your Options

Financial challenges can be difficult to navigate alone. Whether you are considering personal bankruptcy or exploring options for your business, Dennery Law can help you understand the path forward and make informed decisions with confidence.