Bankruptcy Fees
As with most procedures that run through court systems or government entities, bankruptcy requires payment of filing fees. These fees are standard throughout the country, set by federal law. Each varies according to the type of bankruptcy that is being filed at the time. For another small fee, Chapter 13 bankruptcies can be converted to Chapter 7 bankruptcies if the debtor cannot afford to abide by the more rigorous standards of Chapter 13 bankruptcy.
Contact the West Palm Beach bankruptcy lawyers of Eric N. Klein & Associates, P.A. at 561-353-2800 to learn more about how an experienced attorney can help you reclaim control of your financial life.
Payment Methods for Bankruptcy Fees
The fees associated with bankruptcy include filing fees for Chapter 11 and Chapter 7. To account for these costs while considering the financial situation of those filing, the government has put together a series of payment options. Payment can come in the following forms:
- One-time payment that covers the entire fee
- Wage garnishment, which deducts from a pay check for approximately three years
- Personalized payment plan
In the case of the final option, a bankruptcy trustee from the US Trustee’s office works with the debtor to put together a plan that allows them to front the costs of bankruptcy in meaningful portions. A similar approach can be taken to determine how a debtor will pay for credit counseling.
Contact Us
While the fees associated with bankruptcy can be known out-right, credit counseling fees and attorney fees may be harder to determine. Let a legal professional work with you to set up your payments according to what you can manage. Contact the West Palm Beach bankruptcy lawyers of Eric N. Klein & Associates, P.A. at 561-353-2800 for more information.
