Kelsey & Trask, P.C.

Chapter 7
Means Test Calculator

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Enter the following information (do not use commas) and view results below:
 
Filing Date:
 
State or Territory:
 
Family Size:
 
Monthly Household Income
(avg of last 6 mos.):
 
 
 
Median Family Income
for your family size:
 
RESULT:
   
 
 
The Means Test Calculator provided above uses median family income figures for each state (for filings prior to March 15, 2010 the median family income figures are as of October 9, 2009; for filings on or after March 15, 2009, median family income figures are as of February 25, 2010 ). These figures are subject to change and the Calculator may not be up to date. If you are not sure what your family size is or how to calculate your monthly household income, you should consult with an attorney when using this calculator.  If your income is greater than the median income for your state of residence and family size, you still might meet the means test after taking into consideration certain expenses as defined by the Bankruptcy Code and other deductions, including regular charitable donations (up to 15% of your income), school expenses, payments on 401(k)/IRA loans, and health Insurance. Whether you are a layperson or an attorney, please do not hesitate to call Attorney Justin Kelsey at 508.655.5980 to discuss the correct use of the calculator or to schedule a bankruptcy consultation.
Kelsey & Trask, P.C.
154 E. Central Street, Suite 302B
Natick, Massachusetts 01760

 
Tel: 508.655.5980
 
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