Means Test Median Income for Cases Filed After 5/15/15

Baltimore, Maryland Bankruptcy Attorney: Median Income for Cases Filed After 5/15/15

As you may know, to qualify for a chapter 7 discharge you must complete the means test. The means test uses median income figures tied to your household size to determine your eligibility. For example, an individual with no dependents cannot earn more than $60.440.00 otherwise he or she must qualify by completing the means test. Those who earn less do not have to complete the means test.

The figures are determine and issued by the U.S. Trustee Program/Dept. of Justice

Household Size

1 Person $60,440
2 Persons $77,730
3 Persons $89,652
4 Persons $107,091 $107,091
 

Spending Allowance

Food 315 588 660 821
Housekeeping 32 66 65 78
Apparel 88 162 209 244
Personal Care 34 61 64 70
Miscellaneous 116 215 251 300
For each additional personaove over 4 add 378