Bankruptcy Filing Fees will Increase on June 1st

The Judicial Conference of the United States decided at their meeting in March that bankruptcy filing fees would increase in June.  The Judicial Conference was formed to make policy with regard to the administration of the US Courts. The Bankruptcy Court filing fees are increasing June 1, 2014.  The filing fees will increase $29, which is a huge increase from the last installment. Normally, the filing fees are only increased by $6. The new Chapter 7 filing fees are $335, up from $306 and the new Chapter 13 filing fees are $310, up from $281.00. With prices increasing in June, right now is the best time to file your consumer bankruptcy chapter 7 or chapter 13.  If you are thinking of filing bankruptcy, then you need to contact an attorney as soon as possible.