🏦 Bankruptcy Cost Calculator — How Much Does Bankruptcy Cost?

Understand the real cost of filing bankruptcy — Chapter 7 or Chapter 13 — before you decide.

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Bankruptcy Cost Estimator

Federal filing fees are fixed. Attorney fees vary by region. All calculations stay in your browser. · Updated August 2026

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📋 Chapter 7 — Liquidation

Eliminates most unsecured debt in ~4 months. Must pass means test. Filing fee: $338.

📋 Chapter 13 — Reorganization

3–5 year repayment plan to keep assets. No income limit. Filing fee: $313.

Estimated Total Bankruptcy Cost
Court Filing Fee
Attorney Fees
Credit Counseling (required)
Debtor Education Course (required)
Credit Report (optional)
~$30
Miscellaneous Court Costs

⚠️ Bankruptcy has long-lasting credit consequences (7–10 years on credit report). Before filing, consult a bankruptcy attorney — many offer free consultations and can help determine if alternatives like debt negotiation or consolidation may be better options.

Narrow the Bankruptcy Paths to Discuss

Choose the statement closest to your situation. This does not determine eligibility; it identifies the path and questions worth discussing with a qualified bankruptcy professional.

Chapter 7 may be the first path to investigate

It can address many unsecured debts relatively quickly, but eligibility depends on the means test and state exemption rules. Ask about assets, secured debts, recent transfers, and debts that cannot be discharged.

Chapter 13 may be the first path to investigate

A three-to-five-year plan may help someone with reliable income keep certain property or catch up on eligible arrears. Ask whether the proposed payment is sustainable and which debts survive the plan.

Compare non-bankruptcy alternatives before filing

A nonprofit debt-management plan, direct hardship arrangement, or negotiated repayment may be worth comparing. Review total cost, tax consequences, creditor participation, and the effect on credit before choosing.

Chapter 7 vs. Chapter 13 at a Glance

QuestionChapter 7Chapter 13
Typical structureLiquidation processCourt-supervised repayment plan
Typical durationOften several monthsUsually 3–5 years
Income considerationMeans-test eligibility appliesRegular income is generally needed for a feasible plan
Property concernNonexempt property may be at riskMay provide a path to retain property while paying under the plan

Use this comparison as a question-builder: exemptions, dischargeability, eligibility, and outcomes vary by facts and jurisdiction.

Filing for bankruptcy in 2026 typically costs $1,500–$4,500 total for Chapter 7 and $4,000–$8,000 for Chapter 13, based on national averages. Court filing fees are set by federal law at $338 (Chapter 7) and $313 (Chapter 13) — the same nationwide. Attorney fees — optional but strongly recommended — generally run $1,000–$3,500 for Chapter 7 and $2,500–$5,000 for Chapter 13, depending on case complexity and region. Low-income filers may qualify for a Chapter 7 fee waiver if household income is below 150% of the federal poverty level.

Chapter 7 vs Chapter 13: Which Is Right for You?

Chapter 7 is a liquidation process that may discharge qualifying unsecured debt. Eligibility, exemptions, and the facts of the case determine whether property is at risk. Chapter 13 uses a court-approved repayment plan, generally lasting three to five years, and requires enough regular income for a feasible plan. Timing and outcomes vary by court and case; use the comparison above to prepare questions for a qualified bankruptcy professional.

Bankruptcy Alternatives to Consider First

Possible alternatives include asking creditors about hardship programs, speaking with a nonprofit credit counselor about a debt-management plan, or discussing settlement and consolidation risks with an independent professional. Terms, tax consequences, credit effects, and eligibility vary. Required pre-filing counseling is not the same as individualized legal advice, and no alternative is right for every household.

Frequently Asked Questions

The federal court filing fee for Chapter 7 is $338. Attorney and required-course costs vary by provider, location, and case complexity. Some qualifying individuals may request installments or a fee waiver. Confirm the current fee and eligibility rules with the U.S. Courts before filing.
Chapter 7 is a liquidation process that may discharge qualifying debts; eligibility and exemptions determine whether property is at risk. Chapter 13 uses a court-approved repayment plan, generally lasting three to five years. The better fit depends on income, debts, property, goals, and local law.
A bankruptcy can remain on a credit report for years; Chapter 7 may be reported for up to 10 years and Chapter 13 for up to 7 years. The score impact and recovery timeline depend on the person's credit history and later activity, so a calculator cannot predict a specific point change.
Bankruptcy does NOT eliminate: student loans (except in rare cases of extreme hardship), recent tax debts (generally past 3 years), child support and alimony obligations, debts from fraud or intentional wrongdoing, criminal fines and restitution, and debts from drunk driving accidents. Secured debts (mortgage, car loan) can be discharged, but you lose the collateral (home, car) unless you reaffirm or redeem the debt. Social Security overpayments and government fines are also generally non-dischargeable.
Yes — filing "pro se" (without an attorney) is legal. However, bankruptcy paperwork is complex, and errors can result in dismissal, denial of discharge, or worse. Studies show pro se filers have significantly higher rates of case dismissal. For simple Chapter 7 cases with few assets and straightforward debt, pro se may be feasible with careful research. For Chapter 13, any business assets, significant property, or complex income situations, an attorney is strongly advised. Many bankruptcy attorneys offer free initial consultations.

Bankruptcy Attorney Fees by State (2026) — Chapter 7 & Chapter 13

Average total attorney fee ranges for no-asset cases. Complex cases (business, significant assets) run 25–50% higher. Most firms offer free consultations.

State Ch. 7 Attorney Fee Ch. 13 Attorney Fee Notes
California$1,500–$3,500$4,000–$7,500Higher in LA/Bay Area; no-look fee ~$4,250 in Ch. 13
Texas$1,200–$2,800$3,500–$6,000Strong homestead exemption; many no-asset Ch. 7 cases
Florida$1,000–$2,500$3,000–$5,500Unlimited homestead exemption (primary residence)
New York$1,500–$3,500$4,000–$7,000NYC metro commands premium; EDNY/SDNY courts
Illinois$1,200–$2,500$3,000–$5,500Chicago-area rates at upper end of range
Georgia$1,000–$2,200$3,000–$5,000Atlanta metro 2026 filings up 18% YoY
Ohio$1,000–$2,000$3,000–$4,500Among the more affordable states for attorney fees
Pennsylvania$1,200–$2,500$3,000–$5,000Philadelphia rates at the higher end
North Carolina$1,000–$2,000$3,000–$4,500EDNC/WDNC courts; relatively low cost market
Michigan$1,000–$2,200$3,000–$4,800Detroit metro higher; outstate markets competitive
Virginia$1,200–$2,500$3,200–$5,500Northern VA/DC suburbs at upper end
Arizona$1,000–$2,200$3,000–$4,800Phoenix market competitive; Tucson lower end
Tennessee$900–$1,800$2,800–$4,500Among lowest-cost states; Nashville rising
Washington$1,500–$3,000$3,500–$6,000Seattle-area costs comparable to California
Colorado$1,200–$2,500$3,000–$5,000Denver market expanding rapidly; 2026 filings up 22%
Nevada$1,000–$2,200$3,000–$5,000Las Vegas high volume market; competitive fees
National Average$1,200–$2,800$3,200–$5,800Add $338 (Ch.7) or $313 (Ch.13) court filing fee

Sources: American Bankruptcy Institute, PACER district fee data, attorney survey data 2026. Ranges reflect no-asset consumer cases; business or high-asset cases are higher.

Chapter 7 vs. Chapter 13 — Key Differences at a Glance (2026)

Use this comparison to understand which chapter fits your situation before consulting an attorney.

Factor Chapter 7 Chapter 13
NicknameLiquidation / Fresh StartReorganization / Wage Earner's Plan
Income RequirementMust pass means test (income below state median, or disposable income too low)Must have regular income sufficient to fund a repayment plan
Timeline to Discharge3–6 months3–5 years (repayment plan)
Home ForeclosureTemporarily halts; does not save home if mortgage is behindCan catch up on arrears and save home during plan
Non-Exempt AssetsTrustee may liquidate non-exempt property to repay creditorsKeep all property; pay value of non-exempt assets into plan
Credit Card / Medical DebtFully discharged (wiped out)Partial repayment required through plan
Student LoansGenerally not dischargeable (rare hardship exception)Generally not dischargeable; payments paused during plan
Car Loan (behind on payments)Surrender car or reaffirm debt; no catching up allowedCatch up arrears through plan; may also "cram down" loan balance
Credit Report ImpactStays on report 10 yearsStays on report 7 years
Filing Fee (2026)$338 (waiver available if income <150% FPL)$313 (no waiver)
Typical Attorney Fee$1,000–$3,500$3,000–$6,000 (often paid through plan)
Best ForLow income; no home to save; mostly unsecured debt (credit cards, medical)Regular income; saving a home; significant non-exempt assets; car arrears

Sources: U.S. Bankruptcy Code (11 U.S.C.), PACER 2026 filing fee schedule, National Consumer Law Center. Not legal advice.

⚖️ When to Hire a Bankruptcy Attorney

A bankruptcy attorney is strongly advisable for virtually all bankruptcy filings. Most bankruptcy attorneys offer free initial consultations, during which they review your debts, income, and assets to tell you whether Chapter 7 or Chapter 13 is appropriate, estimate the costs, and clarify what debts can be eliminated. Hiring an attorney is especially important when: you own a home and are trying to stop foreclosure; you are self-employed with complex income; you own a business; any of your debts may be non-dischargeable; or you have assets above your state's exemption limits. Even for simple no-asset Chapter 7 cases, the attorney's fee ($1,000–$2,000) buys peace of mind that the filing is accurate, complete, and structured to protect your maximum allowable exemptions. Before paying a bankruptcy attorney, also explore whether non-bankruptcy alternatives — debt settlement, creditor hardship programs, or debt management plans through nonprofit credit counseling agencies — might address your situation without the 7–10 year credit impact of a bankruptcy filing.

📊 National Average Scenario — August 2026

A median-income filer choosing Chapter 7 with an attorney in an average-cost state pays:

Fixed filing fees: U.S. Courts. Attorney fees are broad market planning ranges and vary significantly by location, provider, and case complexity.

🔬 Methodology

Fixed filing charges are checked against the U.S. Courts bankruptcy fee schedule. Attorney fees and course costs are variable planning ranges, not official prices; compare them with written quotes and the Justice Department's approved provider information.

All calculations occur in your browser — no data is sent to any server. Results are estimates only; actual costs depend on your jurisdiction, case complexity, and attorney. Not legal advice.

Written by the FreeLegalIQ Editorial Team  ·  Last updated: August 2026

Filing fees sourced from U.S. Courts official fee schedule (uscourts.gov). Attorney cost benchmarks from the Clio Legal Trends Report and National Law Journal attorney billing surveys.

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