Friday, March 13, 2009

Means Test Median Income

New median income levels have increased and will be applicable for bankruptcy cases filed after March 15, 2009. Median income levels for the means test are determined by family size.

Family size----------Median Income

1--------------------$42,468
2--------------------$53,939
3--------------------$60,162
4--------------------$71,124

For each additional family member, add $6,900