Income restrictions

makeitgoaway

Junior Member

Bankruptcy Newbie

Joined: Mar 2006

Posts: 10
#1

Income restrictions

03-30-2006, 05:55 PM

Hi!
Where can I find information on how they determine your ability to pay back debt? Is there an income threshold per state? thanks!
Tags: None
SinkingFast

Senior Member

Bankruptcy Guru

Joined: Jan 2006

Posts: 6765

State: Indiana
#2

03-30-2006, 08:23 PM

You can look here for all the info you need for the Means Test, including income guidelines:

http://www.usdoj.gov/ust/

Filed Ch 7 - 09/06
Discharged - 12/2006
Officially Declared No Asset - 03/2007
Closed - 04/2007

I am not an attorney. My comments are based on personal experience and research. Always consult an attorney in your area to address concerns related to your particular situation.

Another good thing about being poor is that when you are seventy your children will not have declared you legally insane in order to gain control of your estate. - Woody Allen...
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