Filing Fee Changes Effective November 21, 2012

Wednesday, November 21, 2012

Filing Fee Changes Effective November 21, 2012

 

The Temporary Bankruptcy Judgeships Extension Act of 2012, which was signed into law by the President on May 25, 2012, includes a provision that increases the fee for filing a bankruptcy case under Chapter 11 of the Bankruptcy Code to $1,167.00. This fee increase will apply to all new Chapter 11 cases filed on or after November 21, 2012. The total fee for filing a Chapter 11 case will increase to $1,213.00 (statutory fee of $1,167.00 under 28 U. S. C.§ 1930(a)(3) plus the administrative fee of $46.00 under Item 8 of the Bankruptcy Court Miscellaneous Fee Schedule).

Additionally, the Judicial Conference has approved a recommendation to increase the following three miscellaneous fees that are derived from the Chapter 11 filing fee to correspond with the increase to $1,167.00 effective November 21, 2012:

• the fee for splitting a joint Chapter 11 case (Item 18 of the Fee Schedule);

• the fee for reopening a Chapter 11 case (Item 11 of the Fee Schedule);

• the fee for filing a Chapter 15 case (Item 15 of the Fee Schedule). Also, as a result of the increase to the Chapter 11 filing fee, the following fees as set forth under 28 U.S.C. §1930(a) will increase:

• The fee for filing a Chapter 9 case - to $1,167.00 plus the administrative fee of $46.00;

• The fee for converting a Chapter 7 case to a Chapter 11 case - to $922.00; • The fee for converting a Chapter 13 case to a Chapter 11 - to $932.00.

Click here to view the Bankruptcy Court Miscellaneous Fee Schedule effective November 21, 2012