That money goes to the court clerk. The filing fees do not absolutely have to be paid in advance, but I do strongly recommend it. The filing fee for Chapter 11 is $1,717.00. The attorney fee for a Chapter 7 is usually between $1,000.00 and $1,500.00, depending on how complicated the case is. Some newer attorneys and high-volume attorneys do charge less, but as with most things, you get what you pay for. For business cases and other complicated situations, the fee could be much higher.
Trump's Debt Reduction Plan Will Increase It by $5.3 Trillion. Donald Trump's plan to reduce the debt will instead add $5.3 trillion. US Economy. Donald Trump promised to reduce the nation's $19.5 trillion debt by growing the economy and reducing waste in federal spending. Instead, his policies will increase the debt by $5.3 trillion. Here are his plans to reduce the debt, and how they will impact the U.S. economy.
The US debt reduced by more than $60 Billion since the Trump Inauguration! On January 20th, the day of the Trump Inauguration, the US Debt stood at $19,947 billion. On March 8th, more than a month later, the US Debt load stood at $19,879 billion. Trump has cut the US Debt burden by $68 billion and 0.3% in since his inauguration! By comparison, under President Obama, the US Debt burden increased by more than $320 billion after his inauguration through March 8th 2009.