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

In Washington, the cost of filing for Chapter 7 bankruptcy can vary depending on your specific situation and available resources. Generally, the cost consists of two main components: court filing fees and attorney fees. Court filing fees are set by the federal government and are the same no matter which state you live in. In Washington, the current filing fee for Chapter 7 bankruptcy is $335. This fee is used to pay for the cost of processing the bankruptcy case in the Bankruptcy Court. The second cost component is attorney fees. The amount of attorney fees depends on the complexity of your case and the experience of the attorney. While the cost of attorney fees can range from a few hundred dollars to thousands of dollars, most Chapter 7 bankruptcies cost around $1,500 - $2,000 to file. It is important to note that attorney fees vary by firm and even by attorney so it is important to shop around for the best rate. In summary, the cost to file for Chapter 7 bankruptcy in Washington can range from $335 for just court filing fees to around $2,000 when attorney fees are included.

Related FAQs

What debts are not dischargeable in Chapter 7 Bankruptcy?
Will I have to have a court hearing when filing for Chapter 7 Bankruptcy?
What is the process for filing for Chapter 7 Bankruptcy?
Can I keep my home after filing for Chapter 7 Bankruptcy?
Are there different types of Chapter 7 Bankruptcy?
Is there a way to avoid repaying certain creditors when filing for Chapter 7 Bankruptcy?
What is a means test?
How long does the bankruptcy stay on my credit report?
Must I list all of my assets when filing for Chapter 7 Bankruptcy?
Are unsecured debts discharged in Chapter 7 Bankruptcy?

Related Blog Posts

What is Chapter 7 Bankruptcy Law? - July 31, 2023
How Can I File Chapter 7 Bankruptcy? - August 7, 2023
An Overview of the Chapter 7 Bankruptcy Process - August 14, 2023
What Assets Can Be Exempt in Chapter 7 Bankruptcy? - August 21, 2023
How Does Chapter 7 Bankruptcy Discharge Debts? - August 28, 2023