Some bankruptcy fees will be increasing on November 1st

Some of the fees charged by the bankruptcy court will be increasing a bit on November 1, 2011.

The basic fees for filing a consumer case are increasing by $7. These will be $306 for a chapter 7 case, and $281 for a chapter 13 case.

Also starting in November, it will now cost you $30 to amend your schedules after filing (if you are changing schedules D, E, F, G, or H).

It will also cost $293 to file an adversary proceeding. You would need to do this (and pay the fee) in order to get a hardship discharge for a student loan.

Creditors will be paying more, too. Motions for relief from the automatic stay (necessary to continue a foreclosure sale), will cost banks $176 from now on.

If you live in the Lawrence – Methuen – Andover area and are thinking about bankruptcy, give me a call at 978-975-2608, and I’ll figure out a way to keep the price of filing down for you!

 

By Doug Beaton

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