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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.
Across Illinois' three bankruptcy court districts ? the Northern District of Illinois, Southern District of Illinois, and Central District of Illinois ? the bankruptcy filing fees are the same. The Illinois bankruptcy filing fees are as follows: Chapter 7: $338. Chapter 9: $1,738.
Additional Property Exemptions Necessary clothing. Title certificate for a boat over 12 feet in length. Bibles. School books. Family photos. Health aids. Proceeds from the sale of exempt property. Illinois College Savings Pool or ABLE accounts.
The filing fee for Chapter 7 is $335, and the cost for filing Chapter 13 is $310. DebtStoppers is the only firm in Illinois that will advance the court your Chapter 7 filing fee, allowing you to get the relief you need at no upfront cost to you.
? income can vary month to month, and the means test finds the average. Your figure should include not only your wages, but also rental income, child support, alimony, pension or other regular monthly income. Social Security income does not count.
In Cook County, appearance fees start at $207. If you do not pay these fees, you risk being ?defaulted? and losing the case.
In order to receive a Rule 298 fee waiver, you must file an application with the Clerk of the Circuit Court. Applications are available at the Daley Center in Room 1202 or at the Circuit Court of Cook County webpage.
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.