How much does it cost to file for bankruptcy?
The cost of filing for bankruptcy can vary depending on where you live in Mississippi. Generally, filing fees for Chapter 7 and Chapter 13 bankruptcies are set by the court and cost an average of $335-$345. Attorney’s fees will also be a factor. Depending on the complexity of your situation, it can range from a few hundred to several thousand dollars. If you are considering filing for bankruptcy, the local court clerk’s office can provide you with information on the cost and how to start the process. You should also speak to an attorney to discuss your situation and the costs involved. Additionally, if you are filing for Chapter 7 bankruptcy, you may need to participate in a credit counseling course. The cost of this course generally ranges from $50-$100. In some cases, such as if you are a low-income individual, you may be eligible for an application fee waiver, which would eliminate the cost of filing. Overall, the cost of filing for bankruptcy can range from just a few hundred dollars to a few thousand dollars depending on the complexity of your case and the services you choose to use. It is recommended to speak to an attorney to get an estimate for the cost of filing in Mississippi.
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