Don’t let the headline alarm you! We do mostly consumer bankruptcies, usually on a flat fee, and even though I put many hours into each case, most of our cases are less than $2500 fee for everything.
This article indicates that in some major Chapter 11 cases, such as WeWork Inc and fallen crypto firm FTX, the lawyers are charging near $2500 per hour. Essentially this ends up getting paid by the creditors.
Most people filing for consumer bankruptcy are of limited means, so we even offer payment plans. Feel free to reach out for a free consultation anytime. (unless I get hired to work on the FTX bankruptcy!) 🙂