Bankruptcy Lawyer Explains Chapter 7, Chapter 13 & Getting a Fresh Start
How Much Do Bankruptcy Lawyers Make?
2/9/26
What you’ll learn in this episode:
How to become a bankruptcy lawyer
The difference between Chapter 7 and Chapter 13
What bankruptcy attorneys actually do day to day
How lawyers get paid (per case vs salary)
How much you can earn in this field
What it takes to build a client pipeline
Attorney Barry Levine breaks down how bankruptcy law works and how lawyers build income in this field. he explains Chapter 7 and Chapter 13 bankruptcy, this episode offers real-world look at the work, the earning potential, and the role lawyers play in helping people get a financial fresh start including compilations with bitcoin assets.
How much can you earn?
Bankruptcy lawyers: $90K–$150K
Experienced / partners: $200K–$300K+
Per case fees: $1K–$3.5K+
Paralegals: $50K–$75K
Income often depends on caseload—more clients, more earnings.
YOU MAY ALSO LIKE THESE EPISODES:
Looking for stable, high-demand job - operating room nurse →
Thinking of a career change? Reinvention →
FAQ
How much do bankruptcy lawyers make?
Most bankruptcy lawyers earn between $90,000 and $150,000 a year, with experienced attorneys earning $200,000 to $300,000+.
How do bankruptcy lawyers get paid?
They typically charge a flat fee per case (often $1,000 to $3,500+) depending on the type and complexity of the bankruptcy.
What is the difference between Chapter 7 and Chapter 13?
Chapter 7 involves liquidating assets to discharge debt, while Chapter 13 sets up a repayment plan over time.
How do you become a bankruptcy lawyer?
You need a law degree, pass the bar exam, and often gain experience in financial or debtor-creditor law.
Is bankruptcy law a good career?
It can be financially stable and in demand, especially during economic downturns when more individuals and businesses seek debt relief.