Initial Petition Fees for Bankruptcy
For individuals or businesses that are on the verge of financial collapse under the mounting debts and communications from debt collectors, bankruptcy may be the best or only way forward. If you are in a position where it has become necessary to consider bankruptcy as an option, the benefits will far outweigh the consequences in your specific situation. Though you may be in a delicate financial situation, as are most debtors prepared to enter bankruptcy, there are a number of administrative fees that must be paid with your petition and for various steps throughout the bankruptcy process.
The Arizona bankruptcy lawyers of the Harmon Law Office, L.L.C., can help you determine what each different form of bankruptcy protection may offer you and what the costs of a filing are likely to be. Contact us today at 480-829-0494 to speak with a skilled and experienced attorney.
Current Filing Fees
The specific fees that are likely to be required can vary significantly depending upon the details of your finances and how you wish to or are ordered to proceed throughout your case. But the petition for bankruptcy filing that officially creates your case is standard and is determined based upon the chapter of the United States Bankruptcy Code under which you are seeking relief. The initial petition fees, due at the time of filing are:
- Chapter 7 -- $299
- Chapter 11 -- $1,039
- Chapter 12 -- $239
- Chapter 13 -- $274
Contact Us
We understand that this may seem like the addition of insult to injury, but the ceasing of collection efforts and the forgiveness or restructuring of debts is priceless. Contact the Arizona bankruptcy lawyers of the Harmon Law Office, L.L.C., at 480-829-0494 to learn more about how we can help you at every step of the way.