As you know, the US DOJ Trustee’s office periodically updates the median incomes used for bankruptcy means testing during the course of the year and the new numbers are in.
Unbelievable that you can make almost $70,000.00 and qualify under the chapter 7 bankruptcy means test to discharge your debt. Goes to show you how well the economy is doing and how the standard of living has gone up.
Median Income
State | Family Size | |||
1 Earner | 2 | 3 | 4 | |
Maryland | $69,529 | $88,815 | $104,390 | $125,989 |