It’s not the best news for people thinking of going bankrupt, but starting on June 1, 2014, the fees required to file a case are going up by $29 across the board. Here are the new amounts:
Chapter 7 bankruptcy: $335 (up from $ 306);
Chapter 13 bankruptcy: $310 (up from $281);
Chapter 12 bankruptcy: $275 (up from $246).
The Judicial Conference, a Washington based council of judges that sets the fee rates for the federal courts, just approved the increases. You can find the text of their announcement by clicking here.
by Doug Beaton