There are two components to the total cost of filing personal bankruptcy.
First, the filing fee to the bankruptcy court and any other associated costs must be paid. At the time of this writing (November, 2024), the bankruptcy court’s filing fee for a Chapter 7 bankruptcy case is currently $338 and the fee for a Chapter 13 filing is $313. However, these court fees are subject to change, as the fees are adjusted by the courts from time to time. Additionally, many courts impose fees for various services provided to debtors, including copying documents, official certificates, additional filings, documents involving adversarial proceedings, and many others. The bankruptcy trustees may also impose fees on some debtors for services provided, particularly in Chapter 13 proceedings, where the trustee is often paid monthly out of the debtor’s plan. Generally, Nova Law Group advises its clients to budget the amount of $400 total for costs in most bankruptcy cases, to cover the chapter 7 or chapter 13 court filing fees, plus additional miscellaneous expenses or costs.
Second, in addition to the basic fees submitted to the court and potentially the trustee, many people choose to employ the services of an attorney experienced in bankruptcy to represent them in bankruptcy proceedings. This is essential to ensure that the client receives competent strategic advice regarding the client’s bankruptcy and non-bankruptcy options for resolution of any debts or liabilities client may have, and to ensure that any bankruptcy case ultimately filed is effectuated correctly and in the manner most advantageous to the client. Nova Law Group offers clients representation by an attorney experienced in bankruptcy, excellent client communication, and superior service, all at a reasonable price. Our fees typically vary depending on the services provided, the complexity of the issues presented, and the number of hours of work product required to represent the client’s best interests.
We invite you to attend a free consultation to explore how Nova Law Group can help you meet your legal needs in a cost-effective manner.
