Chapter 7 vs. Chapter 13: Cost Comparison

Different processes, different questions

Chapter 7 involves liquidation of nonexempt property by a trustee in appropriate cases. A discharge releases an individual from personal liability for many debts, but exceptions apply. Property and eligibility depend on the facts. See U.S. Courts: Chapter 7.

Chapter 13 allows eligible individuals with regular income to propose a plan to repay all or part of their debts, usually over three to five years. It may offer a way to address mortgage arrears, but keeping a home is not guaranteed and ongoing payments matter. See U.S. Courts: Chapter 13.

Compare your own costs

Ask the court for the current filing fee and whether installments or, for a qualifying Chapter 7 filer, a waiver may be available. Ask attorneys for a written fee and whether it includes filing, courses, and later work. Ask how Chapter 13 plan payments and any attorney fees paid through the plan interact so you do not double-count them. The federal fee schedule lists administrative charges; confirm the full filing charge with your court.

Course fees, professional fees, and plan payments vary. The worksheet adds amounts you supply; it does not determine which chapter is suitable or predict a result.