The Bankruptcy Court must be paid a filing fee when you file either a chapter 7 bankruptcy or a chapter 13 bankruptcy. This article details the filing fee, and some options available to paying this filing fee.
1. Chapter 7 Bankruptcy Filing Fee: The Chapter 7 Bankruptcy Filing fee is $306. This amount can be paid when you file your bankruptcy (upfront) or it can be paid in up to 4 installments to the court after you file your bankruptcy (or a portion of the bankruptcy filing fee can be paid upfront, and the balance can be paid on installments). I offer my clients the option of paying the filing fee in 3 installments of $102 per installment. The convenience of this structured installment plan is that the $306 filing fee is not due at the time of filing, and the filing fee can be broken down into more easily paid installments of $102, with the first installment being due about 30 days after a client files bankruptcy.
2. Chapter 13 Bankruptcy Filing Fee: The Chapter 13 Bankruptcy filing fee is $281. This full amount can be paid when you file your chapter 13 bankruptcy case (upfront), or you can elect to pay $185 upfront, and you will have 45 days to pay the remaining $96.
For both Chapter 7 Bankruptcy and Chapter 13 Bankruptcy, if you intend to pay the filing fee on installment to the U.S. Bankruptcy Court, an application must be submitted when you file your bankruptcy petition.
If you have questions about bankruptcy, please call for a free in-office bankruptcy consultation.