Are there additional filing fees associated with filing for bankruptcy?

There are additional filing fees associated with filing for bankruptcy in South Carolina. These fees are meant to help the court process the bankruptcy case. These fees are usually determined by the type of bankruptcy you are filing. For Chapter 7 bankruptcies, the filing fee is $335, while the fee for Chapter 13 bankruptcies is $310. Sometimes, the court may require an additional fee such as an oath of factors fee, if a debtors’ committee is appointed. Additionally, if you want to convert your Chapter 13 bankruptcy to another chapter, you may have to pay an additional fee of $25. If you are unable to afford the filing fee, you can still file for bankruptcy in South Carolina. The court may allow you to pay your filing fee over a period of four consecutive months. This means that the court may allow you to pay $75 each month for the first four months after filing your bankruptcy petition. Filing for bankruptcy does come with additional fees. It is important to research the fees associated with the type of bankruptcy you intend to file. Knowing the fees upfront can help you better prepare for the costs associated with bankruptcy.

Related FAQs

What are the differences between filing for Chapter 7 and Chapter 13 bankruptcy?
Can I keep certain types of property when filing for bankruptcy?
Are there any assets that I will not be able to keep in bankruptcy?
What are the consequences of not filing for bankruptcy?
Will filing for bankruptcy stop repossession?
What is an adversary proceeding?
How can I protect co-signers from being affected by my bankruptcy?
What is the difference between a Chapter 11 and a Chapter 13 bankruptcy?
What types of debt can be discharged through bankruptcy?
What is the role of the bankruptcy judge?

Related Blog Posts

What is Bankruptcy Law? - July 31, 2023
What Are the Most Popular Types of Bankruptcy? - August 7, 2023
How to Choose the Right Bankruptcy Attorney for Your Case - August 14, 2023
Understand the Consequences of Not Filing for Bankruptcy - August 21, 2023
How to Avoid Bankruptcy With Financial Self-Management - August 28, 2023