CHAPTER 7 BANKRUPTCY INCOME LIMITS BY FAMILY SIZE
Most people want to know if they qualify to file Chapter 7 bankruptcy. Income is a big factor in qualifying for bankruptcy relief. Below is a guide that you can use. Ask yourself the key questions:
- What State do you live in?
- How many people are in your family?
- How much is your GROSS household income (before payroll deductions)?
If your GROSS household income is less than the amount shown in the table below, then you most likely are eligible for Chapter 7 bankruptcy relief. The bankruptcy laws are complicated. So contact us for help.