How Much Does Bankruptcy Cost?

What Does Bankruptcy Cost? It Depends In What You File.

The cost of filing for bankruptcy depends on several factors. These include the type of bankruptcy you are filing for, as well as the amount of debt you possess. U.S. bankruptcy courts have filing fees for those who decide to initiate bankruptcy proceedings.

As of 2021, these are the fees:

Additional fees:

  • Administrative Fee: $78
  • Trustee Fee: $15
  • Credit Counseling Session: about $50 -- waivers or reduced rates are available to those who qualify

Payment Options

The fees are usually due at the time you file the bankruptcy petition, however, you may request to pay them in installments or even have them waived. The only way to qualify for the waiver is to not be able to afford the filing fees at all. To qualify for installments, your income must be less than 150% of the poverty line.

Are You Considering Filing?

To learn more about what bankruptcy may cost you, contact a Price Law Group bankruptcy attorney today. Our bankruptcy team is well versed in all aspects of bankruptcy, from its relative cost to the various steps involved in filing. In assisting you in your bankruptcy case, we can provide you with the skill and knowledge necessary to give you the strongest chance of a successful filing.

Bankruptcy is not traditionally an easy or simple process. It is a complicated legal procedure in which many mistakes can be made. A large number of people who have decided to file on their own have run into trouble while doing so, and ended up in an even worse financial condition than before they decided to file. If you are considering bankruptcy, it is to your substantial benefit to retain the help of an experienced attorney who can guide you through the process, and help you avoid any potentially costly mistakes.

Contact us online or call (866) 210-1722 for a free consultation with a bankruptcy attorney at Price Law Group. Spanish services are available. We serve clients nationwide.

For more information call us at 866-210-1722 or fill out the form below.
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Price Law Group - Bankruptcy Attorney
Call Toll Free: 866.210.1722