Bankruptcy Filing Fees Increased June 1st, 2014
Filing for bankruptcy is an important step many people take to protect themselves from creditors, while also giving them the opportunity to retake control of their financial state. As of June 1st, 2014 many bankruptcy filing fees have changed and increased. The list below was compiled to help keep those curious about filing for bankruptcy up to date.
Petition Fees Increased | New Costs Effective 6/01/2014 |
---|---|
Chapter 7 Bankruptcy Filing Fees | $335 |
Chapter 9 Bankruptcy Filing Fees | $1,717 |
Chapter 11 Bankruptcy Filing Fees | $1,717 |
Chapter 11, Railroad Filing Fees | $1,550 |
Chapter 12 Bankruptcy Filing Fees | $275 |
Chapter 13 Bankruptcy Filing Fees | $310 |
Chapter 15 Bankruptcy Filing Fees | $1,717 |
As petition fees have increased, so have the conversion fees. These conversion fees are applied when an individual or corporation has decided to convert from one type of bankruptcy to another. To note, not all conversion fees have increased.
CONVERSION FEES | New Costs Effective 6/01/2014 |
---|---|
Chapter 7 to a Chapter 11 | $922 |
Chapter 7 to a Chapter 11, Railroad | $755 |
Chapter 7 to a Chapter 12 | $0 |
Chapter 7 to a Chapter 13 | $0 |
Chapter 9 to a Chapter 7 | $15 |
Chapter 11 to a Chapter 9, 12, 13, or 15 | $0 |
Chapter 11 to a Chapter 7 | $15 |
Chapter 11, Railroad to a Chapter 7 | $15 |
Chapter 12 to a Chapter 7 | $60 |
Chapter 12 to a Chapter 11 | $0 |
Chapter 12 to a Chapter 13 | $0 |
Chapter 13 to a Chapter 7 | $25 |
Chapter 13 to a Chapter 11 | $932 |
Chapter 13 to a Chapter 11, Railroad | $765 |
Chapter 13 to a Chapter 12 | $0 |
Bifurcation is the process where you have filed your bankruptcy petition with another person, but now see reason to split the case. These fees have increased also. Below we have the new fees listed.
BIFURCATION/SPLIT CASE FEES | New Costs Effective 6/01/2014 |
---|---|
Chapter 7 | $335 |
Chapter 11 | $1,717 |
Chapter 12 | $275 |
Chapter 13 | $310 |
Additional bankruptcy filing fees such as: Amendment, Appeal, and motion have changed as well. For further information on the remaining fee changes/increases please visit US Courts Website: Bankruptcy Filing Fees for more information.
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