What is the “Means Test”

WHAT IS THE MEANS TEST?

The Means Test is a comparison of your income to the median income for the state in which you live.  KCLS is located in Virginia, so we will look at Virginia Numbers.

The Means Test compares the “household income” which includes all income for all people in the house.  This includes non-filing spouse (if your spouse does not want to file), live-in boyfriends and girlfriends, children, parents, grandparents, etc.  The number that is used for the calculation is the amount of earnings before taxes, insurance and other deductions are applied.

Some kinds of income are excluded, including social security, and other disability income.

The table as of April 1, 2010 is:

Number of people in house

Annual Income

Monthly Income

1

$49,484

$4,124

2

$62,586

$5,216

3

$72,078

$6,007

4

$85,586

$7,132

5

$93,086

$7,757

6

$100,586

$8,382

7

$108,086

$9,071

If your income is above the number in the box, the presumption is that you must file a Chapter 13 Bankruptcy.

If Krumbein Consumer Legal Services, Inc. can help you with a Bankruptcy, or other matter, please contact us.

KCLS LIMITS THE GEOGRAPHY IN WHICH WE TAKE CASES.

YOU MUST BE A VIRGINIA RESIDENT.

If you are not a Virginia Resident, click here to find a lawyer near you.

Contact us by e-mail or by telephone or fax or US Mail.

You can call us: 804.673.4358

You can fax us: 804.673.4350

You can contact us by US MAIL:

Krumbein Consumer Legal Services, Inc.

1650 Willow Lawn Drive

Suite 300

Richmond, VA 23230

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