Americans whose financial problems are starting to bury them deep or are already affecting their health from too much stress are now learning more about the steps on how to file for bankruptcy. It is quite understandable that the amount that they have to pay is on top of their concerns because in the first place money is the problem.
To give us a heads up on how much we will be paying to file bankruptcy, the US Bankruptcy Courts established standard bankruptcy filling fees. Chapter 7’s filling fee is $299 and Chapter 13’s filling fee is $274. The type of bankruptcy that one has to file is on a case to case basis. These digits however are only what you have to pay for filling, your lawyer’s fees will be on top of that. The bankruptcy lawyer’s fees will of course vary depending on his experience when it comes to handling bankruptcy cases. Clearly, the more knowledge he has on how to file for bankruptcy the higher will be his fee.