Proposal for 4th Increase in Year on BK Fees

[anonymuse]

Hope this isn't a repeat on here:

NACBA ANNOUNCES FREE INITIAL CONSULTATIONS WITH CONSUMERS TO KEEP BANKRUPTCY AVAILABLE, JOINS CFA IN OPPOSING 4TH BANKRUPTCY FILING FEE HIKE IN LESS THAN A YEAR

New Jump in Fees Now Before Congress Would Mean a Doubling in Filing Costs in Under 12 Months; Congress Urged to Reallocate Existing Funds to Get Additional Money to Trustees.

WASHINGTON, D.C.//July 13, 2006//As it joined the Consumer Federation of America (CFA) in opposing a Capitol Hill proposal for the fourth increase in bankruptcy filing fees in under a yearhttp://www.nacba.org.

CONTACT: Patrick Mitchell, (703) 276-3266 or [email protected]http://www.nacba.org as of 3 p.m. ET on July 13, 2006.

[lrprn]

Hope this isn't a repeat on here:

It isn't a repeat, Anon - thanks for posting this!

Honestly, reading the article makes me mad and sad at the same time. How can our government be so incompetent? They can't even fix their initial bk screw-ups without making things ten times worse. The bk law was working fine before the changes were rammed through last year - now there's just too many greedy, weathy companies involved to get things balanced again for a long time, if ever. I never thought I would say this, but I'm glad we filed bk when we did - sounds like the filing and lawyer fees are going to continue to spiral higher and higher. What's wrong with this picture? EVERYTHING!

[debtisbad]

lrprn,

I am glad I filed when I did, even though I feel horrible about it. This government is a mess. It is all about money, money and more money. Taking it all away from the middle class and the little guys. I cannot wait until the elections. Throw them out.

[razorguns]

Maybe some of that is to offset costs so bk's can be turned around in 60 days. Bk investigations cost labour and computer costs.

Would you rather have a $50 fee, and 180 days after 341 to get your discharge cuz the office is so over-burdened?

My turnaround from filing to closing was 4 months. No govt agency handles a case that fast. I got my moneys worth.

r