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According to a Detroit area bankruptcy attorney, legal costs for the bankruptcy proceedings could cost Detroit "tens of millions to hundreds of millions of dollars." [33] Orr hopes that Detroit can emerge from bankruptcy by late Summer or Fall in 2014; he says that the process is moving as "expeditiously as possible". [34]
A bankruptcy lawyer can assess your financial situation, advise you on the most suitable type of bankruptcy to file (such as Chapter 7 or Chapter 13), prepare and file all necessary paperwork ...
Attorney fees: $1,000 to $,6,000. Court fees: Variable. Chapter 7. ... Beyond the immediate cost of bankruptcy, filing can have a long-term impact on your financial life. The most obvious effect ...
The Bankruptcy Law does not apply to government ... Detroit filed the largest municipal bankruptcy case in U.S ... The typical cost of an attorney is $1,170.00. ...
If your attorney failed to file or completed less work than you paid for, you may be entitled to back fees. If you paid an upfront fee to a lawyer to file Chapter 13 bankruptcy on your behalf and ...
Kevyn Duane Orr [1] (born May 11, 1958) is an American lawyer who served as the emergency financial manager of the city of Detroit from 2013 to 2014 during the city's Chapter 9 bankruptcy. [ 2 ] [ 3 ] Orr is now a partner at the law firm Jones Day in its bankruptcy practice.
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