How much does it cost to file for bankruptcy?

In Oklahoma, the cost for filing a bankruptcy petition is not a straightforward answer. Generally, filing a bankruptcy petition can cost anywhere from $275 to $1500 in attorney’s fees and court filing fees. The exact amount depends on the type of bankruptcy filed and whether it is an individual or joint filing. The most common type of bankruptcy filed in Oklahoma is a Chapter 7 bankruptcy. This type of bankruptcy is designed to allow individuals to have their debt eliminated and a “fresh start.” The filing fee for a Chapter 7 bankruptcy is $335, and attorney’s fees can range from $500 to $1500 depending on the complexity of the case. The other type of bankruptcy filed in Oklahoma is a Chapter 13 bankruptcy. Chapter 13 is designed to allow individuals to consolidate their debts and pay them off over a period of time. The filing fee for a Chapter 13 bankruptcy is $310, and the attorney’s fees generally range from $800 to $2000. In addition to filing fees and attorney’s fees, individuals filing for bankruptcy must also complete a credit counseling course. This course is generally available online for approximately $50. Whether filing for bankruptcy is the right decision for you is something you should discuss with a qualified bankruptcy attorney. They can explain the bankruptcy process in depth and provide you with an accurate estimate of the cost for filing a petition.

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How much does it cost to file for bankruptcy?

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