What Does It Cost to File Bankruptcy in 2026?

Q & A with Attorney Gregg Wagmann

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If you’re considering bankruptcy in 2026, one of the first questions you likely have is:

How much will bankruptcy cost in Connecticut? 

The answer depends on several factors, including the type of bankruptcy you file, the complexity of your financial situation, and whether you hire an attorney. Understanding these costs upfront can help you make a more informed and confident decision.

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The Two Most Common Types of Bankruptcy

What is the difference between Chapter 7 and Chapter 13 bankruptcy?

For individuals, the two most common options are Chapter 7 and Chapter 13

bankruptcy, and each comes with different costs and payment structures.

Chapter 7 Bankruptcy (Liquidation)Chapter 7 is typically the more affordable and faster option. It’s designed to eliminate unsecured debts like credit cards and medical bills.

What are the costs associated with Chapter 7 bankruptcy in Connecticut?

• Court Filing Fee (2026): Approximately $338.00

• Attorney Fees: Typically range from $2,500 to $4,000, depending on complexity and location

• Credit Counseling & Debtor Education Courses: $20–$50 per course (you’ll need two)

In most cases, attorney fees for Chapter 7 must be paid before filing your case. While this can feel like a hurdle, many attorneys offer payment plans prior to filing.

What are the costs associated with Chapter 13 bankruptcy in Connecticut?

Chapter 13 Bankruptcy (Reorganization)Chapter 13 allows you to restructure your debts into a 3–5 year repayment plan. It’s often used by individuals who want to keep their home or catch up on missed mortgage or car payments.

• Court Filing Fee (2026): Approximately $313

• Attorney Fees: Typically range from $4,000 to $6,000

• Credit Counseling & Debtor Education Courses: $20–$50 per course

Unlike Chapter 7, a portion of your attorney fees in Chapter 13 can often be included in your repayment plan, meaning you don’t have to pay everything up front.

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Additional Costs to Consider

Beyond filing and attorney fees, there are a few other potential expenses:

• Credit Report Fees: Some attorneys may pull your credit report for a small fee ($25–$50), though many include this in their services

• Document Preparation (if filing without an attorney): While cheaper upfront, this option carries significant risk if mistakes are made

• Miscellaneous Costs: Postage, document copies, or court-required documents

Can You File for Bankruptcy for Free in Connecticut?

If your income is very low, you may qualify for a filing fee waiver in Chapter 7. This depends on your income being below 150% of the federal poverty level. Alternatively, the court may allow you to pay the filing fee in installments.

However, it’s important to understand that “free” bankruptcy can sometimes cost more in the long run if errors delay your case or lead to dismissal. Bankruptcy law is complex, and working with an experienced attorney can help you avoid costly mistakes.

Is Hiring a Bankruptcy Attorney Worth It?

While it’s technically possible to file on your own (called “pro se”), most people benefit significantly from legal guidance. An experienced bankruptcy attorney will:

• Ensure all paperwork is accurate and complete

• Help you choose the right type of bankruptcy

• Protect your assets using available exemptions

• Represent you in court proceedings

• Reduce the risk of case dismissal

In many cases, the financial relief gained through a successful bankruptcy far outweighs the initial cost of filing.

How Do I Budget for Bankruptcy?

If you’re struggling financially, even modest legal fees can feel overwhelming. Here are a few strategies to consider:

• Ask about payment plans before filing

• Stop paying unsecured debts temporarily to save for legal fees (only after speaking with an attorney)

• Use tax refunds or bonuses strategically

• Avoid high-interest loans to pay for bankruptcy

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Final Thoughts

What are the overall costs for filing for bankruptcy in CT?

Filing for bankruptcy in 2026 typically costs anywhere from $2,500 to $4,000 for Chapter 7 and $4,000 to $6,000+ for Chapter 13, depending on your situation. While these numbers may seem daunting, bankruptcy is often a powerful tool to reset your financial future and regain control.

If you’re considering bankruptcy, the best next step is to schedule a consultation with a qualified attorney who can evaluate your specific circumstances and provide a clear, personalized estimate.

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Frequently Asked Questions

How much does it cost to file Chapter 7 bankruptcy in 2026? Most people pay between $2,000 and $4,000 total, including court and attorney fees.

Can I file for bankruptcy without paying up front? Chapter 13 may allow you to pay some legal fees over time through a repayment plan.

Are bankruptcy filing fees waivable? Yes, Chapter 7 filing fees may be waived if your income is low enough.

Is bankruptcy worth the cost? For many individuals, the debt relief and financial reset outweigh the upfront expenses.

If you have questions about your options, professional guidance can make all the difference. Contact Attorney Gregg Wagman today to explore your options and protect what matters most.