Chapter 7 Means Test Calculator
The Chapter 7 Means Test Calculator determines eligibility for filing Chapter 7 bankruptcy by comparing your income to the state median. It evaluates disposable income after deducting allowable expenses. If your income is below the median or disposable income is insufficient, you may qualify for Chapter 7 relief, offering debt discharge.
Calculator
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FAQs
1. What is the Chapter 7 Means Test?
The means test compares your income to the state median. If below, you qualify. If above, it deducts expenses to check disposable income. Low disposable income may still allow Chapter 7 filing.