Even you are broke, you still need to pay to file a bankruptcy.

The filling cost of a bankruptcy is about $300.00, but you still need to pay lawyer fees for preparing legal documentation as well as attending meeting with your banker. The lawyer varies from $1,000.00 to $3,000 depending on the complication of your case.

Please to do most of the work yourself so that you can cut down on the lawyer fees.  Organize and proper keeping of the document will cut down cost on your lawyer as well.  Please do check with your lawyer if he can be absent from the meeting with the banker that will significant cut down the cost.

So it does cost money if you file a bankruptcy, please do consider others alternatives.