Reduce bankruptcy paperwork and filing costs

Warren proposes simplifying bankruptcy filings to require disclosure of assets, liabilities, income and expenses, while allowing courts to request more information when needed. Her plan would reverse mandatory pre-filing credit counseling and remove specified requirements on consumer bankruptcy attorneys, while authorizing local bankruptcy courts to create disciplinary panels. It would waive filing fees for people below the federal poverty level, phase fees in above that level, and let filers pay reasonable attorney fees during or after bankruptcy rather than only upfront.

Context: The plan does not specify the fee amounts or the rate at which fees phase in.

In their own words

It automatically waives filing fees for anyone below the federal poverty level and slowly phases in the fees above that line.

The source

Fixing Our Bankruptcy System to Give People a Second Chan...

Published: Original date not established; campaign context manually checked
Retrieved: 11/12/2026