Massachusetts Application for Waiver of the Chapter 7 Filing Fee

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US-BKR-F3B
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Description

This form is data enabled to comply with CM/ECF electronic filing standards. This form is for post 2005 act cases.

How to fill out Application For Waiver Of The Chapter 7 Filing Fee?

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FAQ

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.

$310 for Chapter 13 bankruptcy. You can ask to pay this in 4 smaller payments called installments.

You are eligible for Chapter 13 if your debts do not exceed certain dollar amounts set forth in the Bankruptcy Code. Under Chapter 13 you must file a plan with the court to repay your creditors all or part of the money that you owe them, using your future earnings.

Chapter 13 to Chapter 13 ? Time Limit You can file a second Chapter 13 after two years, but that's an unusual maneuver since the minimum length of a Chapter 13 repayment is three years. Unforeseen hardships may hit and necessitate a quicker second filing.

Chapter 13 bankruptcy is the more expensive form of bankruptcy, with a filing fee of $313. Unlike chapter 7, which involves selling off most of your belongings, chapter 13 reorganizes your financial life and debts, giving you a chance to keep certain property.

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Massachusetts Application for Waiver of the Chapter 7 Filing Fee