When a person files bankruptcy in Missouri, they will be required to pay the filing fee for their case. This fee covers the administrative costs associated with the filing. These fees are $306 for Chapter 7 and $281 for Chapter 13. A St. Louis Bankruptcy Lawyer can discuss these fees with you, along with other fees you will owe due to your bankruptcy. While these might seem expensive, once they have been paid and your bankruptcy is completed, your debt problems will either be gone or be much more manageable.
St. Louis Bankruptcy Lawyer on Paying Filing Fees
In some states, it is possible to get a waiver from these fees if your income is below a certain level. Unfortunately, in Missouri, there is no such fee waiver. But the good news is that it is possible to pay these fees in installments, which means that a filer will not need to have this money up front before filing. This can be a great help to someone who may be tight on money.
A St. Louis Bankruptcy Lawyer can examine your situation and discuss how best to pay these administrative fees. While it may seem counterintuitive to pay more bills on top of the bills you already owe, you will be in much better shape financially after bankruptcy. An attorney can sit down explain the process and help you decide if this is the right decision for you and your family.
At Westbrook Law Group, we understand how stressful it can be to be behind on your bills. Debt can isolate a person from loved ones, cause panic and anxiety every time the phone rings, and basically make life miserable. We can help you get a fresh start free of debt and free of this overwhelming stress. To speak with a St. Louis Bankruptcy Lawyer about your debt situation, contact Westbrook Law Group today for a free consultation.