How can I pay for filing for bankruptcy? In Louisiana, the filing fee for Chapter 7 bankruptcy proceedings is $299, and the filing fee for Chapter 13 bankruptcy proceedings is $274.
Schedule of FeesCurrent Fee Through 11/30/2020Fee Effective 12/1/2020Chapter 11 Filing Fee (Railroad)1,550.001571.00Chapter 12 Filing Fee275.00278.00Chapter 13 Filing Fee310.00313.00Chapter 15 Filing Fee1,717.001738.0039 more rows
How To File Bankruptcy for Free in LouisianaCollect Your Louisiana Bankruptcy Documents.Take a Credit Counseling Course.File Your Forms With the Louisiana Bankruptcy Court.Take a Debtor Education Course.
Monthly Payments If the family income is greater than the amount on the Standards, the bankrupt is required to pay 50% of the EXCESS. For example, if you earned $400 more each month than the Standards indicate is necessary, you would be required to pay 50% or that, or $200 per month.
You Will Not “Lose Everything” During Bankruptcy. The majority of people who file for personal bankruptcy in Louisiana are able to keep all or most of their assets, including their home, vehicles, retirement savings and household possessions.
If your total monthly income over the course of the next 60 months is less than $7,475 then you pass the means test and you may file a Chapter 7 bankruptcy. If it is over $12,475 then you fail the means test and don't have the option of filing Chapter 7.
With Chapter 7, those types of debts are wiped out with your filing's court approval, which can take a few months. Under Chapter 13, you need to continue making payments on those balances throughout your court-instructed repayment plan; afterwards, the unsecured debts may be discharged.
If you filed a prior case and received a discharge of your debts, you can only file a second Chapter 7 bankruptcy case eight years after you filed the first case.