Periodically the filing fees in U.S. federal and state courts increase. The Bankruptcy Court will be increasing its fees for filing and general services. The new rates take effect June 1, 2014. If you are on the fence regarding filing a petition for bankruptcy relief, now may be a good time to get the ball rolling if you want to avoid the fee increase, which is not very much money, but at the end of the day we all like to save a little jingle for our pockets.
If you want to learn about what we do with clients in our free initial consultation you can listen to our upcoming podcast specifically about those final decisions to file and what happens when you come meet us at one of our offices.
Click/Tap Here to listen live at 1 pm on Tuesday the 27th of May or anytime afterwards on demand.
Topics and types of FAQ covered in this 30 minute show:
- How to prepare to come in and meet with an attorney for an initial consultation;
- What to expect to discuss with the attorney and what you will need to do next;
- The attorney’s role in the process of meeting for a bankruptcy consultation;
- What next steps a person can take to prepare to file for bankruptcy protection.
“New Bankruptcy Fees to Take Effect June 1”
Several bankruptcy fees will increase on June 1, under amendments to the Bankruptcy Court Miscellaneous Fee Schedule that were approved in March by the Judicial Conference of the United States. The scheduled changes include:
- A $57 increase to the adversary filing fee in bankruptcy proceedings, from $293 to $350. The new fee will be equivalent to civil filing fees in federal district courts.
- A new, differentiated administrative fee structure will be assessed at filing in every bankruptcy case. Currently $46 in all cases, the administrative fee will be $75 for cases filed under Chapters 7, 12 and 13, and $550 for cases filed under Chapters 9, 11 and 15.
The Judicial Conference also approved separate administrative fees when married couples divide a bankruptcy filing into two cases, often because a divorce or separation occurs while a case is being adjudicated.
Joseph Wrobel, Ltd. helps people get control of their finances and a fresh start at financial freedom. The firm’s website contains informative videos about financial issues as well as bankruptcy protection for families who want a fresh start. To keep in touch and read about consumer finance news and stories you can Like the firm’s Facebook page and Follow Joseph Wrobel. Ltd. on Twitter. If you need immediate legal assistance, please call Joseph Wrobel, Ltd. by calling (312) 781-0996 to talk to an attorney.