How Do I Know If I Can File Chapter 7?
To file for Chapter 7 bankruptcy, you must qualify under the Chapter 7 means test. The means test first compares your income to the median income in Florida. If your income is lower than Florida’s median income for the size of your household, you can file for Chapter 7 bankruptcy. However, if your income is greater than the median income, other calculations regarding your income and allowable expenses are required to determine whether or not you can file for Chapter 7 bankruptcy.
As of 5/1/2020, the Medium Family Income is as follows:
| State | 1 earner | Family Size | ||
| 2 People | 3 People | 4 People * | ||
| Alabama | $48,544 | $56,918 | $68,554 | $82,991 |
| Alaska | $63,997 | $77,589 | $102,315 | $103,055 |
| Arizona | $52,319 | $65,713 | $71,704 | $86,950 |
| Arkansas | $43,230 | $53,946 | $58,258 | $74,086 |
| California | $60,360 | $79,271 | $88,235 | $101,315 |
| Colorado | $61,921 | $81,155 | $94,193 | $107,867 |
| Connecticut | $66,689 | $88,594 | $101,666 | $125,714 |
| Delaware | $55,578 | $72,644 | $84,584 | $102,625 |
| District of Columbia | $63,414 | $115,082 | $129,777 | $140,615 |
| Florida | $51,559 | $62,736 | $68,944 | $82,560 |
| Georgia | $50,128 | $65,007 | $73,738 | $87,317 |
| Hawaii | $65,977 | $77,621 | $100,620 | $114,381 |
| Idaho | $52,117 | $61,916 | $67,422 | $77,923 |
| Illinois | $54,877 | $72,593 | $83,759 | $103,074 |
| Indiana | $48,834 | $62,931 | $73,537 | $87,636 |
| Iowa | $51,579 | $69,127 | $78,930 | $95,581 |
| Kansas | $51,867 | $67,221 | $76,999 | $88,698 |
| Kentucky | $44,594 | $56,257 | $66,732 | $80,115 |
| Louisiana | $45,634 | $55,410 | $63,039 | $82,282 |
| Maine | $51,453 | $64,889 | $78,379 | $95,614 |
| Maryland | $70,789 | $90,424 | $106,282 | $128,272 |
| Massachusetts | $67,119 | $84,125 | $108,130 | $134,418 |
| Michigan | $53,113 | $64,428 | $78,217 | $93,653 |
| Minnesota | $58,050 | $77,702 | $97,657 | $114,326 |
| Mississippi | $42,414 | $51,904 | $58,472 | $69,732 |
| Missouri | $49,086 | $61,519 | $73,857 | $92,129 |
| Montana | $51,074 | $64,425 | $74,919 | $87,293 |
| Nebraska | $49,680 | $69,294 | $78,674 | $95,445 |
| Nevada | $52,449 | $65,756 | $74,856 | $81,528 |
| New Hampshire | $66,585 | $80,429 | $102,095 | $122,523 |
| New Jersey | $69,705 | $83,739 | $106,650 | $131,331 |
| New Mexico | $45,645 | $56,327 | $60,617 | $67,560 |
| New York | $57,137 | $72,642 | $88,240 | $107,550 |
| North Carolina | $48,772 | $62,050 | $69,162 | $87,505 |
| North Dakota | $53,306 | $80,899 | $87,824 | $99,327 |
| Ohio | $51,297 | $64,665 | $77,642 | $93,239 |
| Oklahoma | $49,198 | $59,495 | $66,585 | $76,691 |
| Oregon | $56,957 | $71,838 | $80,698 | $99,074 |
| Pennsylvania | $54,605 | $67,540 | $83,868 | $103,316 |
| Rhode Island | $61,706 | $75,858 | $85,100 | $104,833 |
| South Carolina | $47,487 | $61,529 | $66,595 | $81,226 |
| South Dakota | $47,906 | $69,046 | $70,326 | $83,823 |
| Tennessee | $48,219 | $60,913 | $69,734 | $79,701 |
| Texas | $50,902 | $66,899 | $73,948 | $86,259 |
| Utah | $64,806 | $69,006 | $82,638 | $93,474 |
| Vermont | $57,859 | $75,602 | $81,686 | $103,627 |
| Virginia | $62,029 | $79,412 | $91,995 | $111,993 |
| Washington | $67,511 | $80,251 | $92,568 | $107,481 |
| West Virginia | $49,056 | $52,028 | $64,281 | $76,273 |
| Wisconsin | $52,730 | $68,363 | $83,607 | $100,098 |
| Wyoming | $62,090 | $74,286 | $78,310 | $97,862 |
| * Add $9,000 for each individual in excess of 4. | ||||
| Commonwealth or U.S. Territory | 1 earner | Family Size | ||
| 2 People | 3 People | 4 People * | ||
| Guam | $42,770 | $51,139 | $58,275 | $70,520 |
| Northern Mariana Islands | $28,722 | $28,722 | $33,416 | $49,148 |
| Puerto Rico | $24,701 | $24,701 | $26,023 | $34,108 |
| Virgin Islands | $33,935 | $40,785 | $43,486 | $47,642 |
| * Add $9,000 for each individual in excess of 4. | ||||
Carol A. Lawson, Esq., 28870 U.S. Hwy 19 #300, Hodusa Towers, Clearwater, FL 33761
Phone: (727) 410-2705; email: calh@gate.net
Clearwater Bankruptcy Attorney, Clearwater Bankruptcy Lawyer, Clearwater Bankruptcy, Clearwater Estate Planning Attorney, Pinellas Estate Planning Attorney, Pinellas Probate Attorney #FileLocallyDontOverpay #ClearwaterBankruptcy #ClearwaterBankruptcyAttorney
