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Bankruptcy Means Test Numbers
Cathleen Cooper Moran

Q.  I would like to know if I can find out what the "median income" should be in my state. I would be filing for bankruptcy in Oklahoma for a family of 3.

-- jengle

A. 

The website of the United States Trustee program has links to both the Census Bureau figures on family median income by states and the IRS collection standards numbers used for s portion of the expenses in Form 22 (the means test). http://www.usdoj.gov/ust/eo/bapcpa/index.htm

Take a look at this site for a preview of how your situation stacks up, but get input from an experienced bankruptcy lawyer. All too many consumers try it themselves and conclude wrongly that they don't qualify for bankruptcy. Cathy Moran

-- Cathleen Cooper Moran






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