Bankruptcy Court fees increasing

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Filing for bankruptcy will become more expensive June 1.

Two amendments to the Bankruptcy Court Miscellaneous Fee Schedule were approved by the Judicial Conference of the United States in March. The amendments established a higher filing fee and administrative fees which are set to go into effect at the start of next month.

Filing a complaint will cost $350 under the new fee schedule, up $57 from the current $293.

The administrative fees assessed at filing will increase from the $46 charged presently to different levels depending on the type of bankruptcy filed. Petitions filed under Chapters 7, 12 and 13 will carry a fee of $75. Petitions filed under Chapters 9, 11 and 15 will charge a fee of $550.

Finally, the Judicial Conference approved a new administrative fee structure for divided bankruptcy cases. Married couples who divide the bankruptcy filing into two separate bankruptcy cases will be charged the appropriate administrative fee for each case.   

The new bankruptcy fee schedule is available here.

 

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