means test

April 1, 2023 Median Income Levels for KS and MO Bankruptcy Filers UPDATE

2023-04-12T16:22:10+00:00April 12th, 2023|

April 1, 2023 Median Income Levels for Kansas and Missouri Bankruptcy Filers The Means Test looks at your Median Income to determine for which Chapter of Bankruptcy you qualify: Chapter 7 or Chapter 13 Most individual debtors filing for bankruptcy relief are required to complete a version of Bankruptcy Form 122. On April 1, 2023, [...]

April 1, 2021 : Bankruptcy Median Income Updates for Kansas and Missouri

2021-03-26T16:35:33+00:00April 1st, 2021|

April 1, 2021: New Median Income Figures Released for Kansas and Missouri Bankruptcy Filers Not sure which Chapter of Bankruptcy you should file? Finding out what you qualify for, may be a good place to start. In Bankruptcy, the Means Test looks at your Median Income and Family Size to determine which Chapter you may [...]

April 1, 2016 Median Income Levels for Kansas and Missouri Bankruptcy Filers

2017-07-17T20:56:36+00:00April 5th, 2016|

The Means Test looks at your Median Income to determine for which Chapter of Bankruptcy you qualify: Chapter 7 or Chapter 13 As of April 1, 2016 the Median Income Levels changed once again. Median income levels in Kansas and Missouri are up across the board! If your income has been on the border in [...]

November 1, 2014 Median Income Levels for Kansas and Missouri Bankruptcy Filers

2017-07-17T20:56:38+00:00October 30th, 2014|

The Means Test looks at your Median Income to determine for which Chapter of Bankruptcy you qualify: Chapter 7 or Chapter 13 As of November 1, 2014 the Median Income Levels will change once again. Median income levels in Kansas are up for the most part. The exception is for the family household size of [...]

April 1, 2014 Median Income Levels for Kansas and Missouri Bankruptcy Filers

2017-07-17T20:56:40+00:00March 31st, 2014|

The Means Test looks at your Median Income to determine for which Chapter of Bankruptcy you qualify: Chapter 7 or Chapter 13 As of April 1, 2014 the Median Income Levels will change once again. Median income levels are up across the board in both Kansas and Missouri – no foolin’! Due to these changes, [...]

Kansas Chapter 7 and Chapter 13 Bankruptcy Median Income Levels Decrease, Missouri Varies Depending On Family Size

2017-07-17T20:56:49+00:00November 1st, 2012|

What does a change in Median Income Levels mean to you? As of November 1, 2012 the Median Income Levels are back down in Kansas. This comes after the Median Income rise we saw in May 1, 2012. In Missouri, the Median Income change reflects a decrease except for larger families. Despite the decreases, these [...]

Median Income Levels Increase Making Chapter 7 and Chapter 13 Bankruptcy More Obtainable In Kansas And Missouri

2017-07-17T20:56:52+00:00May 2nd, 2012|

What does a rise in Median Income Levels mean to you? Starting May 1, 2012 the Median Income Levels went up in Kansas and Missouri. In addition the IRS National Standard Deductions changed. If you have been considering filing for Bankruptcy this means that you may be more likely to qualify for a Chapter 7 [...]

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