In order to file for Chapter 7 bankruptcy in California, you must pay a filing fee and costs associated with credit counseling.
Here’s the rundown of what you must pay:
Fees to File a Bankruptcy Petition
Adversary proceedings in bankruptcy – increase from $293.00 to $350.00
Chapter 7 Bankruptcy Filing Fee – increase from $306.00 to $335.00 ($29.00 increase)
Chapter 13 Bankruptcy Filing Fee – increase from $281.00 to $310.00
Chapter 11 Bankruptcy Filing Fee – increase from $1,213.00 to $1,717.00
(Effective June 1, 2014)
These fees are required at the filing of a bankruptcy case and the bankruptcy court increases these fees from time to time. Starting on June 1, 2014, bankruptcy filing fee increase can be found on the website of the U.S. Courts at www.uscourts.gov.
Additional Costs Associated with Filing for Chapter 7 Bankruptcy
When you file for Chapter 7 bankruptcy, you must get credit counseling from an approved provider within six months before your filing. You must also take a personal financial management course after you file.
Although navigating the system can seem intimidating, with the help of an experienced attorney, the rewards of obtaining a discharge of debt can be tremendous. Think about how well you’ll be able to sleep knowing you have a clean financial slate. If you’re ready to discharge debt, call Royzman Law Firm at 310.954.8503 or contact us online to schedule a free consultation.