median income

April 1, 2016 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 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 [...]

April 1, 2014 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 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, [...]

November 15, 2013 Median Income Levels for Kansas and Missouri

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 15, 2013 the Median Income Levels changed once again. Kansas single filers will see an increase while larger families have taken a hit.  This comes after the Median Income increases [...]

Bankruptcy Median Income Update for Kansas and Missouri

The Means Test looks at your Median Income to determine for which Chapter of Bankruptcy you qualify: Chapter 7 or Chapter 13 As of tomorrow, May 1, 2013, the Median Income Levels are changing once again. They are back up in Kansas. This comes after the Median Income decrease we saw on November 1, 2012. [...]

Can I file a Chapter 7 Bankruptcy?

The two chapters of bankruptcy utilized by most consumers are chapter 7 or chapter 13.    A case filed under chapter 7 will be a shorter case, where the trustee assigned is looking for nonexempt property to sell for the benefit of the creditors.  A case filed under chapter 13 will be open for 3-5 years, [...]

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