What does a BK cost under the new law?

[PhxGuy520]

Can anyone give me an idea of what a Chapter 7 BK cost under the new law? It would be in Arizona. It should be a pretty straight forward BK since the person has no assets, no house and makes under the median income.

[SinkingFast]

The filing fee for Ch 7 is $299. You have to get Credit Counseling, pre BK, and get a Cert. That runs about $50, give or take. Then there's post BK Debtor Education that must be completed prior to discharge. Fees for that range from about $20-$50 depending on who you use.

Here's a recent thread where people discussed how much they've paid their attnys:

http://www.bankruptcyforum.com/showt...t=attorney+fee

[PhxGuy520]

The filing fee for Ch 7 is $299. You have to get Credit Counseling, pre BK, and get a Cert. That runs about $50, give or take. Then there's post BK Debtor Education that must be completed prior to discharge. Fees for that range from about $20-$50 depending on who you use.

Here's a recent thread where people discussed how much they've paid their attnys:

http://www.bankruptcyforum.com/showt...t=attorney+fee

Awesome. Thank you!

[aa06a47]

My entire BK cost $2,350.00, plus several hairs off my head, and the other hairs turning from a brown color to a grey color. This cost included filing fees, attorney fees and the credit counseling fees. Hair restoration not included.

Most Chapter 13's in this area run 2K-3K with attorney. Most Chapter 7's in this area are running 1300-2000 I'm told. 7's are cheaper than 13's.

[SinkingFast]

Depending on income, and if you are able to or not, you may qualify to have the Filing Fee waived or be able to pay it in installments.

[PhxGuy520]

Depending on income, and if you are able to or not, you may qualify to have the Filing Fee waived or be able to pay it in installments.

I thought they did away with the payment plan option under the new law?

[SinkingFast]

You have to apply for it in advance, but you can pay the filing fee in installments.

http://www.azb.uscourts.gov/azb/Cour...o%20Debtor.pdf

This link was obviously before the fees increased in April, but it's still New Law info.

[krobin02]

payment plans

Nope... still have payment plan option under new law. I used it. And I'm glad I filed when I did because it was only $274. Fees jumped up again about 1-2 weeks after I filed.

[SinkingFast]

Actually, the $274 filing fee for a Ch 7 held until April 9th or 10th. We hired our attny the end of March. He knew we wouldn't make the old fee filing date so we paid $299 then.