New Bankruptcy Fees to Take Effect June 1
Several bankruptcy fees will increase on June 1, under amendments to the Bankruptcy Court Miscellaneous Fee Schedule that were approved in March by the Judicial Conference of the United States. The scheduled changes include:
- A $57 increase to the adversary filing fee in bankruptcy proceedings, from $293 to $350. The new fee will be equivalent to civil filing fees in federal district courts.
- A new, differentiated administrative fee structure will be assessed at filing in every bankruptcy case. Currently $46 in all cases, the administrative fee will be $75 for cases filed under Chapters 7, 12 and 13, and $550 for cases filed under Chapters 9, 11 and 15.
The Judicial Conference also approved separate administrative fees when married couples divide a bankruptcy filing into two cases, often because a divorce or separation occurs while a case is being adjudicated.
The existing schedule, valid through May 31, is available here.
Related Topics: Bankruptcy Courts