How much does it cost to file for bankruptcy?
The cost of filing for bankruptcy in Rhode Island depends on the kind of bankruptcy you are seeking and what type of paperwork you need to complete. In general, it usually costs between $400 and $1,000 to file for either Chapter 7 or Chapter 13 bankruptcy. Filing fees to start a Chapter 7 bankruptcy case are $335. On top of that, you must pay for credit counseling and financial management training before you can receive your discharge. These pre-discharge counseling and training fees usually range from $50 to $150. For Chapter 13 bankruptcy, you must pay a filing fee of $310. You must also pay a $235 fee for an “administrative fee,” as well as a $15 fee for credit counselling and a $22 fee for financial management counseling. It is important to note that the filing fee is not refundable. However, if you are unable to afford the filing fees, you can ask the court to waive them. You must submit a motion to the court and provide proof of your financial hardship. In addition to filing fees, you must also pay for the filing of any documents related to your bankruptcy case and for the services of a lawyer. The cost of a lawyer may depend on the complexity of your case, your location, and the lawyer’s experience. Most lawyers charge an hourly rate, or a flat fee, although some offer payment plans.
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