CHAPTER 13 BANKRUPTCY

INDIVIDUAL FILING OR JOINT FILING WITH SPOUSE

CHAPTER 13 | CHAPTER 13 PROCESS | AUTOMATIC STAY AND DISCHARGE INJUNCTION |
INDIVIDUAL OR JOINT FILING | NONDISCHARGABLE DEBTS | WHICH CHAPTER IS BEST FOR ME?

INDIVIDUAL FILING OR JOINT FILING WITH SPOUSE

Unmarried Debtors must file individually.  However, married Debtors may file individually or jointly with their spouse.  A joint filing allows both husband and wife to have their debts discharged at the same time within to the same proceeding. This is often most economical because the Debtors only incur one attorney fee and one filing fee with the Bankruptcy Court. Each of the spouses will have to sign the Bankruptcy petition and appear at the First Meeting of Creditors.  Alternatively, in some cases it is advantageous to have only one person file.  Each case should be property analyzed to determine the best way to file.

Attorneys Fees and Costs –

Fees for Chapter 7 bankruptcy vary depending upon the specific situation.  The costs incurred are $299.00 payable to the Court for filing fees and $35 for a credit report in the case of an individual  or $70 in the case of a joint filing between husband and wife.

Fees for a Chapter 13 bankruptcy case are limited by the Court except in certain circumstances.  The costs incurred are $274 payable to the Court for filing fees and $35 for a credit report in the case of an individual  or $70 in the case of a joint filing between husband and wife.

Call Steven J. Brody & Associates, Ltd. today and schedule a  free initial consultation – 815-479-8800. - Contact Us