Number of Dependents: (for exepense allowances).The 5 lines required to make the means test lookups work How & Where to Vote in Los Angeles County.Los Angeles County Bankruptcy Means Test Calculator.Los Angeles County 2023 Obamacare Rates.California Central District Bankruptcy Court Info Official Instructions For Form 122A-2, Chapter 7 Means Test Calculationģ. Line by Line Means Test Positions of the U.S. If I fail the Means Test, can a judge allow me to file anyway? If I Pass the Means Test, Can I still be barred from filing bankruptcy? How is “Household Size” Defined in the Bankruptcy Median Income Test?Ĭontributions of Roommates or Domestic Partners to Household Income Ask a bankruptcy lawyer about it if you go for a free consultation. If you are unsure whether an item applies to your situation, make a note of your question. Read the instructions carefully ( for official instructions for PDF forms, click here). It uses the language and formatting of the 2014 version of Official Form B122A-1, Official Form B122A-1Supp, and Official Form B122A-2, just a few of several forms you will need to complete if you decide to file for bankruptcy. It applies the formulas, regional income and expense standards, and calculations of the new "means test" that was a cornerstone of BAPCPA, the 2005 bankruptcy law (11 U.S.C. Top Intro TOC Form B122A-1 Form B122A-1Supp Form B122A-2 Introduction: Are You Eligible for Chapter 7 Bankruptcy?ĭespite what you may have heard about changes in bankruptcy law, most people who need bankruptcy protection are still eligible.Īre you? This calculator will help you find out. So, if you notice stale data in the table of contents or the summary, save your data (by clicking Save or hitting Enter while in a field) and refresh the page. After saving your data, you must refresh the page to see your updated values integrated into the summaries and the table of contents, which appear outside the form itself. Note: The calculator now saves your data whenever you press Enter (or Return) within a field or click Save. Please let us know if you find any flaws, and we will fix them. We've tested the calculator and feel it's worth launching to the public. The calculator does NOT ask for any personal identifying information, other than your zip code, to choose the correct county to look up expense standards. (Note: CARES Act provisions in the forms, added, have been removed, effective March 22, 2022) Hello, and welcome to the means test calculator, based on the reverted means test forms, effective ). (*The applicable household size is the number that would currently be allowed as exemptions on your federal income tax return, plus the number of any additional dependents whom you support.) Department of Justice (for bankruptcy cases filed filed on or after May 15, 2023) If MORE - Keep Going! - You must complete Form B122A-2 to determine if Chapter 7 is available. Pay attention to the rules about household size. Total" in the chart below to get a rough idea of which side of the line you fall. Compare your six-month total income over the last six calendar months to the "6 Mo. The chart below makes it a bit simpler to figure out. If your income is below this amount, you meet the requirements of the "means test" (section 707(b)(2) of the bankruptcy code) to qualify for Chapter 7 bankruptcy.compare it to the California median for your size household.total your income for the last six calendar months,.
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