Are there additional filing fees associated with filing for bankruptcy?
Yes, there are additional fees associated with filing for bankruptcy in Oklahoma. These fees, called administrative fees, are set by the U.S. Bankruptcy Court in Oklahoma for each particular case. Generally, the fees cover the costs associated with filing documents in court and administering the case. An individual can expect to pay a filing fee when filing for Chapter 7 or Chapter 13 bankruptcy. The filing fees for Chapter 7 and Chapter 13 are currently the same at $335. If a person is unable to afford the filing fee, they may petition the court to have the fee waived or paid in installments. In addition to filing fees, individuals may also have to pay court costs, such as copying and printing fees. Furthermore, individuals may be responsible for court-appointed professionals, such as lawyers, trustees, or accountants. In Oklahoma, individuals must also pay a separate fee when filing for a Chapter 13 bankruptcy. This fee is known as the Trustee Administration Fee and it is currently set at $40. This fee is used to cover administrative costs associated with overseeing the repayment plan created under the Chapter 13. Finally, individuals may also have to pay additional fees and service charges associated with their particular case. Depending on the specific circumstances of their case, individuals may have to pay other fees including trustee compensation, creditor claims, or payment processing fees. It is important to note that additional fees may vary from case to case so it is important to speak with a qualified bankruptcy attorney before filing for bankruptcy. They can provide specific information on the applicable fees for a particular case.
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