Fee Structure

If you can show a comparable company with lower fees than us, then email Preston Johanson at preston@oakviewlaw.com, and we will provide you the same services at 50% of the fees of the other company.

Debt Settlement and Debt Consolidation Fees

  1. We don’t charge any upfront fee for settling your debts.

  2. We only charge success fee of 15% on the total debt enrolled.

    Example:

    Total debt enrolled: $10,000
    Debt reduced to: $6000
    Total saved amount $4000

    Your success fee: 15% of $10,000 = $1500

  3. You have to pay the success fee at the end for each settled debt.

  4. A monthly consultancy fee of $50 will be charged for providing:
    (a) a monthly 30 minutes consultation with our savings consultant.
    (b) 30 minutes consultation with budgeting consultant.
    (c) 30 minutes consultation with the tax attorney.

  5. The client's funds are maintained in the client trust account until earned and a monthly set-aside within the client's trust account is maintained to provide the client an opportunity to pay any fees when earned without the need to come up with extra funds.

  6. We maintain a 100% 'No results refund guarantee' and that all funds in the trust account balance, inclusive of the monthly consultancy set-aside are refundable.

Budgeting and bill pay fees

Monthly maintenance fee:
$50 for the first 10 monthly recurring bills.
$5 for each additional bill.

Let's look at an example:
Suppose Stacy has:
A. 2 bills: She will pay OVLG $50 each month for the bill pay service.
B. 10 bills: She will pay OVLG $50 each month for the bill pay service.
C. 12 bills: She will pay OVLG $60 each month for the bill pay service.

Interest rate negotiation fees (also known as Debt Management or Credit counselling)

Monthly maintenance fee: $39.

Chapter 7 Bankruptcy fees

Chapter 7: $1,800 for most cases (filing fees and credit counseling fees not included).

The fees listed below are statutory filing fees, payable to the bankruptcy court.

Chapter 7 Filing Fee: $306 (additional for discharge of most unsecured debts).

Amendment Fee: $30 per amendment (If you have to make changes to certain documents after initial filing).

Chapter 13 Bankruptcy fees

Chapter 13: $3,000 plus additional amount set by the court.

A lot of our clients sign up for debt management or debt settlement hoping to avoid bankruptcy but while they are in the debt management or debt settlement program their financial situation might become worse. In such a scenario we give them an easy path to bankruptcy. Hence, for both chapter 7 and Chapter 13 bankruptcies we give up to $500 credit for fees paid towards debt management or debt settlement. Here are some examples of fee credit..

The fees listed below are statutory filing fees, payable to the filing fees, payable to the bankruptcy court.

Chapter 13 Filing Fee: $281 (additional for structured partial repayment plan for debtors who want to keep assets like homes).

Conversion Fee: $25 (to change a Chapter 13 case into a Chapter 7 case)

$0 (to change a Chapter 7 case into a Chapter 13 case)

Amendment Fee: $26 per amendment (if you have to make changes to certain documents after initial filing).


BBB-A--Rating