How much does it cost to file bankruptcy in New York?
There are several fees that can arise in relation to bankruptcy. The most common fees associated with filing a chapter 7 bankruptcy in New York include the following (where applicable):
- Attorney Retainer Fee
- Court Filing Fee
- Bankruptcy Credit Report
- Valuation for Vehicles
- Valuation, BPO, or Appraisel for Real Property
- Tax Transcripts
- Cost of Court-Mandated Credit Counseling & Debtors Education Courses
Court filing fees for EDNY & SDNY are listed below. The petition filing fee is the same regardless of whether it is an individual or joint bankruptcy petition.
Fees vary by vendor for credit reports, tax transcripts, and valuations of real property and vehicles.
The bankruptcy code requires that a chapter 7 filers take a Credit Counseling course prior to filing, and a Debtors Education course after filing. These courses also vary in costs based on the vendor and mode of service (phone, online, etc..). Our client's are usually able to purchase both courses in one package for around $60.
In addition to filing fees, the courts also charge fees for motions; re-opening of a case; splitting of a case; conversion; and other miscellaneous fees, as applicable to the situation.
Eastern District of New York (EDNY) - Bankruptcy Filing Fees
These fees are valid as of 4/20/2015, and are subject to change. Visit the bankruptcy court's website for the most recent information.
- Chapter 7 Voluntary-Liquidation $335.00
- Chapter 7 Involuntary $335.00
- Chapter 9 Municipality Bankruptcy $1,717.00
- Chapter 11 Corporation; Partnership or Individual $1,717.00
- Chapter 11 Involuntary $1,717.00
- Chapter 12 Family Farmer or Family Fisherman Bankruptcy $275.00
- Chapter 13 Individual Debt Adjustment $310.00
- Chapter 15 Ancillary and Other Cross-Border Cases $1,717.00
Southern District of New York (EDNY) - Bankruptcy Filing Fees
- Chapter 7 $335.00
- Chapter 9 $1,717.00
- Chapter 11 (non railroad) $1,717.00
- Chapter 11 (railroad) $1,550.00
- Chapter 12 $275.00
- Chapter 13 $310.00
- Chapter 15 $1,717.00
Northern and Western District of New York
The Law Office of Simon Goldenberg limits it's practice of bankruptcy to the Eastern & Southern Districts of New York. For the applicable fees in the Northern and Western District's of New York, visit their courts website.