Wednesday, November 20, 2013

Some Bankruptcy Fees Going Up December 1, 2013

Euro Chart 1 
What ever happened to the concept of what goes up, must come down.  I think this concept is a bit blurred when it come to government, and as of late, the Courts.

The Bankruptcy Court is at it again, that is, they are increasing fees on certain things.  

Information from the U.S. Bankruptcy Court, Middle Florida on fee increases based on recent actions taken at the Judicial Conference and Changes effective December 1, 2013 are as follows:

     - a new fee of $176.00 has been established for the filing of motions for the sale of property free and clear of liens under 11 U.S.C. § 363(f).
     - the records retrieval fee in all federal courts has been increased by $11.00 (from $53.00 to $64.00) for the first box requested from a Federal Records Center, and created a new fee of $39.00 for each additional box requested.

and for those that handle bankruptcy appeals, under the Conference increased the appellate filing fee (referred to as the "docketing fee" in the schedule) from $450.00 to $500.00.

As for the good news, most of the fees bankruptcy practitioners deal with everyday have not been touched.  At least, not yet.

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