How much does it cost to file for Chapter 7 Bankruptcy?

In Virginia, the cost to file for Chapter 7 Bankruptcy varies depending on several factors. The filing fee set by the U.S. Bankruptcy Court for Eastern District of Virginia is $338. Additional fees may be required depending on the circumstances of the case, and may range from $35-$75 for credit counseling and personal financial management courses. Additionally, debtors may incur costs to cover the fees associated with obtaining credit reports, hiring a bankruptcy attorney to complete the filing process, as well as paying the trustee handling their case. If a debtor can not afford to pay the filing fee, they may request a fee waiver or installment plan to pay the filing fee over time. In order to be approved for a fee waiver, the debtor must demonstrate that they are unable to pay the fee due to a lack of sufficient income or assets. The court will either grant or deny the fee waiver request. If approved, the debtor must file a separate fee waiver request for each chapter of bankruptcy they wish to file. In conclusion, the cost to file for Chapter 7 Bankruptcy in Virginia varies from $338-$500. Additionally, the debtor may incur additional costs associated with obtaining credit reports, attorney fees, and the trustee fee. If the debtor is unable to pay the filing fee, they may request a fee waiver or installment plan to pay the fee over time.

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How much does it cost to file for Chapter 7 Bankruptcy?

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