How much does it cost to file bankruptcy in Indiana?

Bankruptcy is a legal process that offers individuals or businesses overwhelmed by debt a fresh start. However, before deciding to file for bankruptcy, it’s essential to understand the associated costs. In Indiana, the cost to file bankruptcy includes both court fees and attorney fees. Let’s explore these costs in more detail.

Court Fees

Filing for bankruptcy in Indiana requires paying certain court fees. These fees are set by the U.S. Bankruptcy Court and can vary depending on the type of bankruptcy you’re filing. The current court fees for filing bankruptcy in Indiana are as follows:

Chapter 7 Bankruptcy:

The court fee for filing a Chapter 7 bankruptcy in Indiana is $338. This fee must be paid in full when the bankruptcy petition is filed.

Chapter 13 Bankruptcy:

The court fee for filing a Chapter 13 bankruptcy in Indiana is $313. Similar to Chapter 7, this fee must be paid in full when the bankruptcy petition is filed.

Attorney Fees

In addition to court fees, hiring an attorney to guide you through the bankruptcy process is highly recommended. While it’s possible to file bankruptcy without an attorney, having professional assistance improves your chances of a successful outcome. However, attorney fees can vary based on various factors such as the complexity of your case and the attorney’s experience and reputation.

**How much do attorneys typically charge for bankruptcy in Indiana?**

The cost of hiring a bankruptcy attorney in Indiana can range from $1,000 to $3,500, depending on several factors as mentioned earlier.

**Can I get a payment plan for attorney fees?**

Many bankruptcy attorneys offer payment plans to help clients manage their fees more comfortably. It’s essential to discuss payment arrangements with your attorney before proceeding.

**Do attorney fees differ depending on the type of bankruptcy filed?**

Attorney fees may vary based on the type of bankruptcy filed. Chapter 7 bankruptcies generally have lower attorney fees compared to Chapter 13 bankruptcies due to their relative simplicity.

**Are there any additional costs associated with filing bankruptcy in Indiana?**

Apart from court fees and attorney fees, there may be other costs associated with filing bankruptcy. These can include credit counseling fees, credit report fees, and costs related to mandatory financial management courses.

**Can I get assistance if I can’t afford bankruptcy fees?**

If you’re unable to afford the fees associated with bankruptcy, you may be eligible for assistance through legal aid organizations or pro bono legal services.

**Can the court waive the filing fees?**

In certain circumstances, the court may choose to waive or reduce the filing fees. This can be done by submitting an application demonstrating your inability to afford the fees.

**What happens if I can’t afford an attorney?**

If you can’t afford an attorney, you have the right to represent yourself in bankruptcy court. However, it’s advisable to consult with a bankruptcy attorney even if you choose to proceed without one.

**Can I add attorney fees to my bankruptcy debt?**

Yes, attorney fees can be included in your bankruptcy filing. However, it’s important to discuss this with your attorney and ensure you are aware of any additional requirements.

**Can I pay bankruptcy fees with a credit card?**

While it’s generally possible to pay bankruptcy fees with a credit card, it’s crucial to consider any impact on your overall financial situation and whether it aligns with your bankruptcy goals.

**What happens if I can’t afford the court fees up front?**

If you’re unable to pay the court fees in full up front, you can discuss payment options with the bankruptcy court. Possible payment arrangements include installment plans or requesting a waiver or reduction of fees based on financial hardship.

In conclusion, the cost to file bankruptcy in Indiana includes court fees and attorney fees. The court fees for Chapter 7 and Chapter 13 bankruptcies are currently $338 and $313, respectively. Hiring a bankruptcy attorney can range from $1,000 to $3,500 depending on various factors. It’s crucial to consult with an attorney to understand the specific fees and discuss available payment options.

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