For many Americans struggling under a serious debt load, personal bankruptcy can offer significant and lasting debt relief. And, because bankruptcy is a major financial decision, it’s important to consider all aspects of it – including the costs of filing bankruptcy.
Even if you do all of the paperwork yourself you still must pay the courts bankruptcy filing fees, which change depending on which chapter of bankruptcy you file. If you enlist the help of a bankruptcy lawyer you will also need to pay the lawyer fees. However, many people see this cost as an investment. Because so much is at stake with your filing, many people want to get it exactly right and take full advantage of the help offered.
How much would filing bankruptcy save you? And how much of your debt could it clear? You can get answers at no cost when you complete the form on this page. We'll connect you with a local bankruptcy lawyer who can provide a free case evaluation for you.
As you may already know, there are two major types of personal bankruptcy, Chapter 13 and Chapter 7. Here’s a look at how each one works and what each one costs to file under U.S. Bankruptcy laws as of November 2011. Please remember that these costs DO NOT include attorney fees.
The fees mentioned above are those charged by the federal government to simply file the paperwork that begins your case. But some bankruptcy cases will have other expenses, too, possibly including some of these:
If you want more answers about how much a bankruptcy filing may cost, get the facts during a FREE case evaluation with a local bankruptcy lawyer. Simply complete the form on this page and we'll connect you right away.
Laws may have changed since our last update. This is for informational purposes only and is not legal advice. For legal advice on your particular situation, talk to a local attorney.