How much does it cost to file bankruptcy in NC?
Chapter 7 (straight bankruptcy) requires all fees to be paid up front whereas Chapter 13 involves monthly payments, typically over 3-5 years. A typical Chapter 7 bankruptcy with Witt Law runs $1,950 total including all attorney fees, filing fees, and mandatory credit counseling fees. A typical Chapter 13 (wage earner plan) requires $1,500 upfront and the remainder is paid along with your monthly bankruptcy payment over 3-5 years.
- Upfront required fee= $1,500
- Filing fee= $310
- Credit Counseling fee= ~$40
- Presumptive attorney fee over life of plan set by the Court= $4,500
- Chapter 13 Trustee Commission= ~5% of the monthly bankruptcy payment