BANKRUPTCY FEES TO INCREASE SOON

Bankruptcy fees to increase soon. There are increases coming soon in bankruptcy cases. That is why it is vital to visit a knowledgeable bankruptcy lawyer. When a person decides to file bankruptcy, there are fees involved that go to the Court. Fees when a case is filed. Fees for things that may come up after a bankruptcy case is filed. The Court system regularly reviews the fee structure. Like most things in life, there are increases in the fee structure that take place from time to time. Increases are once again coming to bankruptcy cases on December 1st, 2014. Starting on December 1st, bankruptcy courts will begin charging $25 to file a motion to redact information from previously filed papers. What this means is if you forget to black out sensitive information when you file a document with the bankruptcy court, you will now have to pay to correct your mistake. Another existing bankruptcy court fee will also increase on December 1st. If you wish to appeal a bankruptcy court ruling directly to the United States Court of Appeals it will cost you more. The current court cost is $157. After December 1st, it will now cost you $207. This has been a year of fee increases for those filing bankruptcy. On June 1st of this year, fee increases kicked in on the filing fees for every chapter of bankruptcy. This included bankruptcy court fees for Chapter 7 bankruptcy, Chapter 13 bankruptcy, Chapter 9 bankruptcy, Chapter 11 bankruptcy, and finally Chapter 15 bankruptcy. The fees and costs of filing bankruptcy can be confusing to debtors. It is always best to consult with an experienced bankruptcy attorney. The bankruptcy lawyer can discuss your situation. You can decide what Chapter of bankruptcy fits your needs. You can also learn the costs involved with filing a bankruptcy case. A fresh start should not be stopped by worrying about courts costs.