Get Expert Bankruptcy Advice Chapter 13 Made Simple
Eligibility and Costs
To qualify for Chapter 13, your unsecured debts must be less than $419,275 and secured debts less than $1,257,8502. These limits are adjusted periodically to reflect changes in the consumer price index. It's important to note that you must have a regular income to file for Chapter 13, as the repayment plan relies on your ability to make consistent payments.
The cost of filing for Chapter 13 includes court fees and attorney fees. As of 2023, the federal filing fee is $313. Attorney fees can vary significantly based on your location and the complexity of your case, but they typically range from $2,500 to $6,000. Many attorneys offer payment plans that align with your Chapter 13 repayment plan, making it more manageable3.