How much it costs to file bankruptcy has been increasing over the past few years. Across the county Bankruptcy Courts and bankruptcy lawyers are increasing the cost for filing bankruptcy cases. This is because the initial fee to file the case and the obligations of the lawyers filing the cases has been going up. Many Courts will justify this increase by claiming that the administrative cost associated with pushing the case to a successful conclusion have gone up.
Filing Fess For Filing Bankruptcy:
Regardless of whether you file the case yourself or have a bankruptcy y lawyer file the bankruptcy for you there is an associated filing fee. This filing fee is also the same for each Federal Bankruptcy Court in Oklahoma. The fee you pay will depend on what chapter of bankruptcy you file. For a chapter 7 the filing fee is $335.00. For a chapter 13 the filing fee is $310.00. Unless you get a hardship waiver all filers must pay the filing fee.
Filing fees for most motions that are filed in a case can also add up. An example of this is for those times where the filer needs to add creditors after the case is filed or other motions that may need to be filed. In the case that an old case needs to be reopened and the Court allows the case to be reopened there will also be a filing fee.
Related Oklahoma Bankruptcy Options and Information:
Attorneys Fees in Bankruptcy:
Unlike filing fees, how much it costs to file bankruptcy depends on which bankruptcy lawyer you use. I’ve seen attorneys fees ranging from a $1000.00 on up to $1600.00 not including the filing fee. Additionally some bankruptcy attorneys will charge a different fee depending on how many jobs the filer has or if the client is reaffirming their car or home mortgage. Like anything else, I advise people to understand what their money is paying for. Ask to meet with your attorney before you hire them. Ask them if the case is being filed on a flat fee or if their are different charges depending on what they need to be. Remember, flat fees are easy to calculate, just ask some questions and get the facts.
Contact a Rogers County Bankruptcy Law Firm:
If you’re facing financial problems that are causing you to lose control of your financial life we can help you. Our bankruptcy lawyers file both chapter 7 and chapter 13 cases. Our fees are some of the lowest in the state while our service is unmatched. Call us today at 918.379.4862 for a free consultation or read our Claremore attorney law blog.
