How much does bankruptcy cost?
• Bankruptcy costs £495. This includes: • The court fee of £150. • The Official Receiver’s fee of £345. • This fee is payable when you take your petition to the court. • Remember that Bankruptcies are dealt with on an individual basis. A couple could not present a joint Bankruptcy petition. Each individual would have to make their own petition and pay the full fee.
The cost of bankruptcy will vary substantially, depending upon the complexity of your case and the type of bankruptcy you file. You may be able to obtain a “Chapter 7” personal bankruptcy for a relatively small flat fee, while the cost of a “Chapter 11” bankruptcy can easily exceed $15,000 in the first year.
“,”description”:”LEAD: For Texaco, Inc., the answer could be $50 million. Texaco’s bankruptcy filing was a catalogue of superlatives: the nation’s third-largest oil company filed the country’s biggest bankruptcy case to protect itself from the legal system’s largest damage award: $10.53 billion to Pennzoil. So it may not come as a total surprise that the fee requests in the case are adding their own impressive statistics.”,”keywords”:””,”section”:”us”,”sub_section”:”us”,”section_display”:”U.S.”,”sub_section_display”:”U.S.”,”byline”:””,”pubdate”:”July 8, 1988″,”passkey”:null}; function getShareURL() { return encodeURIComponent(articleToolsShareData.url); } function getShareHeadline() { return encodeURIComponent(articleToolsShareData.headline); } function getShareDescription() { return encodeURIComponent(articleToolsShareData.description); } function getShareKeywords() { return encodeURIComponent(articleToolsShareData.keywords); } function getShareSection() { return encodeURIComponent(ar
