Wednesday, May 25, 2005

Technical Amendments to Bankruptcy Abuse Prevention and Consumer Protection Act of 2005

On May 9, 2005, I provided a FAQ on the Act as it relates to community associations. Since then, the answer to the last question has been updated (although the date of the article has not been changed) to reflect that one technical amendment has already been made to the Act. The Emergency Supplemental Appropriations Act for Defense, the Global War on Terror, and Tsunami Relief, 2005 includes in on page 67, technical amendments for bankruptcy fees. Effective on October 17, 2005, the following bankruptcy fees will change:

  • The Chapter 7 filing fee will be increased to $220. With the trustee fee of $15 and the $39 administrative fee, the total Chapter 7 filing fee will be $274.

  • The Chapter 13 filing fee will be reduced from $155 to $150. Thus, the total filing fee for Chapter 13 will go from the current $194 to $189.


Congress apparently decided not to increase the fees retroactively. Other bills to amend the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 have been introduced.