The Judicial Conference has announced that bankruptcy filing fees will increase for news cases filed on or after June 1, 2014. Most relevant to my clients will be Chapter 7 and Chapter 13 fees each going up by $29, but Chapter 11 fees will go up by a whopping $504.
The new bankruptcy filing fees will be:
- Chapter 7 filing fees will increase from $306 to $335
- Chapter 13 filing fees will increase from $281 to $310
- Chapter 11 filing fees will increase from to $1,213 to $1,717
- Adversary proceeding filing fees will increase from $293 to $350 (but will still be waived if the debtor is the plaintiff).
Chapter 12 fees will be $275 (up from $246), and Chapter 9 and 15 fees will be $1,717 (up from $1,213), just like Chapter 11.
If you’re preparing to file a bankruptcy case and are waiting until June for a specific reason, then a $29 increase probably won’t make that big a difference. But if not, this increase may give you another reason not to delay.