417 Central Ave 4th floor, Great Falls, Montana 59401   (406) 268-0001

BANKRUPTCY

Providing Debt Relief in Great Falls for Over 20 Years

Randy has been providing financial and debt counseling to clients since 1997. Randy does not charge anything for the initial consultation because he believes that everyone should at least understand what options are available to them.
Many good people find themselves in debt beyond what they can handle, often from medical expenses, divorce, or other significant life events that cause economic problems. In some cases, debt slowly accumulates to a point where it is no longer possible to keep current and the collection phone calls and threats begin to cause a severe disruption of your life.
No matter where your debt worries come from, when you consult with us we will provide you with options through bankruptcy or otherwise to help get your life back on track.  

BANKRUPTCY

Providing Debt Relief in Great Falls for Over 20 Years

Randy has been providing financial and debt counseling to clients since 1997. Randy does not charge anything for the initial consultation because he believes that everyone should at least understand what options are available to them.
Many good people find themselves in debt beyond what they can handle, often from medical expenses, divorce, or other significant life events that cause economic problems. In some cases, debt slowly accumulates to a point where it is no longer possible to keep current and the collection phone calls and threats begin to cause a severe disruption of your life.
No matter where your debt worries come from, when you consult with us we will provide you with options through bankruptcy or otherwise to help get your life back on track.  

Considering Filing For Bankruptcy?

The process of filing for bankruptcy is stressful and confusing. We have the education and experience to help you navigate and fully understand the bankruptcy process. Randy personally handles every aspect of your bankruptcy case and strives to make the process simple and as cost effective as possible. We can stop the harassing phone calls and letters. We can stop the garnishment of your wages. We can stop the foreclosure of your home. We can prevent the repossession of your vehicles. We can get your life back on track and restore your peace of mind.

Considering Filing For Bankruptcy?

The process of filing for bankruptcy is stressful and confusing. We have the education and experience to help you navigate and fully understand the bankruptcy process. Randy personally handles every aspect of your bankruptcy case and strives to make the process simple and as cost effective as possible. We can stop the harassing phone calls and letters. We can stop the garnishment of your wages. We can stop the foreclosure of your home. We can prevent the repossession of your vehicles. We can get your life back on track and restore your peace of mind.

We understand the burden of having financial problems, so we offer help when you need it most.
Let us guide you to financial stability
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What does it cost to file for bankruptcy?

The total cost that clients of Tarum Law Office P.C. pay for a Chapter 7 bankruptcy are typically no more than $2250.
This cost of filing for bankruptcy includes fixed costs and attorney fees
There are certain fixed costs that everyone filing bankruptcy pays.
Filing fees:
* Filing fees are charged by the bankruptcy court.
* Chapter 7 court fees are $335 and a Chapter 13 court fees are $310.
Debtor Education Classes:
Everyone who files for bankruptcy must take one education class prior to filing and a second education course after filing.
* The cost of these classes varies typically from $20 to $60.
Credit Report
I run a credit report for every client to make sure that we have all of the creditors identified.
* The cost of the credit report typically ranges from  $33 to $75.
* Attorney fees for a Chapter 7 are typically around $1600.
Attorney fees can vary from case to case depending upon the unique circumstances of the individuals filing bankruptcy.

CAR AND HOME

What does it cost to file for bankruptcy?

The total cost that clients of Tarum Law Office P.C. pay for a Chapter 7 bankruptcy are typically no more than $2,250.
This cost of filing for bankruptcy includes fixed costs and attorney fees
There are certain fixed costs that everyone filing bankruptcy pays.
Filing fees:
* Filing fees are charged by the bankruptcy court.
* Chapter 7 court fees are $335 and a Chapter 13 court fees are $310.
Debtor Education Classes:
Everyone who files for bankruptcy must take one education class prior to filing and a second education course after filing.
* The cost of these classes varies typically from $20 to $60.
Credit Report
I run a credit report for every client to make sure that we have all of the creditors identified.
* The cost of the credit report typically ranges from  $33 to $75.
* Attorney fees for a Chapter 7 are typically around $1,600.
Attorney fees can vary from case to case depending upon the unique circumstances of the individuals filing bankruptcy.

CAR AND HOME

What happens to my property if I file for Bankruptcy?

In most cases, people filing bankruptcy are able to keep their homes, cars and other important items of personal property. In most instances, these types of property are “protected” in bankruptcy because the liens on the property and by the statutory exemptions. There are numerous options available to protect your property when filing bankruptcy. That is why it is very important to consult with a bankruptcy attorney as soon as you have concerns about being able to keep current on all of your payments.

CAR AND HOME

What happens to my property if I file for Bankruptcy?

In most cases, people filing bankruptcy are able to keep their homes, cars and other important items of personal property. In most instances, these types of property are “protected” in bankruptcy because the liens on the property and by the statutory exemptions. There are numerous options available to protect your property when filing bankruptcy. That is why it is very important to consult with a bankruptcy attorney as soon as you have concerns about being able to keep current on all of your payments.

WHAT ITEMS ARE EXEMPT IN A BANKRUPTCY FILED IN MONTANA?

It is important that you consult with an attorney about how these exemptions apply to your specific circumstances. For informational purposes, some of the most common exemptions are as follows:

Homestead: Montana allows a $250,000 exemption for real property or mobile home that you occupy on which you have a recorded homestead declaration.

Automobile: Montana allows a $2,500 exemption for a motor vehicle.

Other Personal Property: Montana allows a $4,500 exemption for household goods, furnishings, appliances, clothing etc. up to $600 per item.

Tools of the trade: Montana allows a $3,000 exemption for implements, books, and tools of the trade.

There are numerous other exemptions that apply to other property like insurance, wages, benefits, and retirement.

WHAT ITEMS ARE EXEMPT IN A BANKRUPTCY FILED IN MONTANA?

It is important that you consult with an attorney about how these exemptions apply to your specific circumstances. For informational purposes, some of the most common exemptions are as follows:

Homestead: Montana allows a $378,560 exemption for real property or mobile home that you occupy on which you have a recorded homestead declaration

Automobile: Montana allows a $4,000 exemption for a motor vehicle.

Other Personal Property: Montana allows a $7,000 exemption for household goods, furnishings, appliances, clothing etc. up to $1,250 per item.

Tools of the trade: Montana allows a $4,500 exemption for implements, books, and tools of the trade.

There are numerous other exemptions that apply to other property like insurance, wages, benefits, and retirement.

RANDY IS AVAILABLE TO MEET WITH YOU

Please contact us via phone or email to schedule your free initial appointment.
 
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The content of this website is intended to provide general information about our firm and the areas of law in which we practice. The content of the site and the information contained within is applicable in MONTANA and is not meant to substitute proper legal advice. Due to the uniqueness of each individual client and case, it is important to contact a lawyer for a proper legal opinion in relation to the specific circumstances of your situation.
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