I’m filing for bankruptcy because I am having serious money problems. How am I supposed to afford the filing fees? Help!

It really does seem like a cruel joke. You struggle for months or even years to stay financially afloat, and you finally admit to yourself that bankruptcy may be the best option for you. You work up the courage to file for bankruptcy and get some much-needed relief, when you are suddenly looking at an impossible choice—pay a huge fee, or give up on bankruptcy.


Currently, filing fees for both Chapter 7 and Chapter 13 bankruptcies are over $300, a seemingly insurmountable amount when you are facing bankruptcy. Fortunately, there are some options that may relieve your wallet and your mind.


For most people that are unable to pay the fee in full outright, there is an installment plan you can apply for that allows you to split your payments into up to four separate payments that are due in full within 120 days of your initial filing (this can occasionally be extended to 180 days if the court determine that you have a good reason for the extension). Do not be late with these payments, however—the court could dismiss your bankruptcy case entirely if you are not entirely paid up within 180 days of filing.


There is also a chance that you will be eligible to have the fee waived entirely. If you are filing for a Chapter 7 bankruptcy, you may apply for a waiver if you are unable to pay the fee up front or in installments. This option is not available to those filing for a Chapter 13 bankruptcy, however, so plan accordingly.


If you have more questions about how to apply for fee waivers or installment plans, Curry, Pearson & Wooten’s Arizona bankruptcy attorneys are here to answer them—call us today at 602-258-1000 to learn more!