Is filing bankruptcy expensive?

Well, hold on, because the Judicial Conference of the United States adopted a new court fee schedule on September 13, which will become effective November 1, 2011. Yep, they need more money; as the revenue generated by the fee change will go into the Judiciary’s budget.

The new filing fees will be:

  

·            Chapter 7: $306.00

·            Chapter 11: $1046.00

·            Chapter 13: $281.00

There are also other fee changes. As of the writing of this blog, the Middle District of Florida has not posted the new fee schedule. However, with a little searching on the internet, I found a new fee schedule posted for the Eastern District of Michigan that can be found by Clicking Here.

UPDATE: The Middle District has their fee schedule by at http://www.flmb.uscourts.gov/filingfees/new.htm