Oklahoma Bankruptcy HelpWhat Do Bankruptcy Fees Cover in Oklahoma?

Even though you are strapped for cash, if you are filing for bankruptcy in Oklahoma, be prepared to face some fees for filing your petition. Paying fees allows the process to begin. And while courts grant some waivers of the entire filing fee in some cases, the court is more likely to allow you to pay the fee in installments rather than to grant a full waiver. You must apply for the waiver or the installment payments.

Filing and Other Fees

Here are the fees you may encounter:

The fee for filing a personal or business liquidation case is $335 (2018).

As of this writing, the fees for filing a Chapter 13 personal debt reorganization are $310.

It costs $1,717 to file a business Chapter 11 debt reorganization plan. This is considerably more complicated than the Chapter 13 reorganization plan. The fees only cover the initial filing.

In addition, there is a credit counseling fee and personal financial management course fee of from as little as $20 to as much as $100 that is required of every person who is filing for bankruptcy relief of any sort. The fees vary depending on where the bankruptcy is filed.

If you find that you have made a mistake in the relief sought in your bankruptcy petition, you can ask the court to convert your petition from one sort to another. A conversion from Chapter 7 to 13 is free, but a conversion from Chapter 13 to Chapter 7 costs $25.

You Should Remember Attorney’s Fees

Though it is possible to handle a bankruptcy on your own, it is always recommended that you hire an attorney to ensure that your bankruptcy discharge is granted. Bankruptcies are complex and mistakes can mean the dismissal of your petition. Attorney’s fees vary depending on the type of bankruptcy, the level of complication, and the location of the bankruptcy.

Attorney’s fees are separate from the court filing fees you pay in order to file for bankruptcy, and are negotiated between you and the Tulsa bankruptcy attorney of your choice. Feel free to bring your questions and concerns to an experienced Tulsa bankruptcy attorney.

Free Bankruptcy Planning: Tulsa Bankruptcy Lawyer

To get the best possible outcome in your bankruptcy case, you will need to set expectations for yourself and also understand your attorney’s expectations of you.

If you’re ready to file, contact a Tulsa bankruptcy attorney at the Freedom Financial Bankruptcy Lawyers of Tulsa as soon as possible.
To receive your free initial bankruptcy analysis, call the Freedom Financial Bankruptcy Lawyers of Tulsa today at 918-786-9600.

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