Chapter 7 Bankruptcy Means Test Calculator
The Chapter 7 Bankruptcy Means Test Calculator helps determine eligibility for filing bankruptcy under Chapter 7 by comparing your income to state median levels and calculating disposable income. It considers household size, monthly income, and allowable expenses to assess qualification based on federal guidelines.
Calculator
Means Test Formula
| Step | Calculation |
|---|---|
| 1 | Compare income to state median |
| 2 | Subtract allowable expenses |
| 3 | Check disposable income threshold |