The means test has been updated for the Western District of Pennsylvania, and has slighly increased.
The means test is a 6 month look-back at ALL sources of GROSS income. Household size is determined by IRS dependents and whether you are a married couple. If you are married and living together, the means test looks at both incomes, even if only one spouse is planning to file. The means test is discussed in more detail in this blog and on this website.
Here are the new means test limits for gross income earned in the six months before filing:
Household of one: $30,765.00
Household of two: $37,184.50
Household of three: $46,706.00
Household of four: $56,518.50
Household of five: $61,468.50I
Household of six: $66,418.50
Household of seven: $71,368.50
If you have any questions about the means test and whether or not you qualify for Chapter 7 bankruptcy, call us at 412-414-9366. I would be happy to set up a free consultation to discuss your situation. I would be happy to review the means test and see whether or not you qualify.