The Bankruptcy Means Test

For individuals whose debts are primarily consumer debts, eligibility to file Chapter 7 is determined by the means test instituted with the 2005 amendments to the bankruptcy code. It simply means that you have to show that you are "worthy" of relief in Chapter 7 given the amount of money that is left over each month after deducting reasonable household expenses. The means test is calculated comparing your average income for the past six months, annualized, to the median income for Connecticut households of the same size. If your income is less than or equal to the state median, you "pass" the means test and may file Chapter 7. If your income exceeds the state median, a further needs to be performed before to determine your elegibility for a Chapter 7 bankruptcy in Connecticut.

Contact us today so our attorney may determine your eligibility.

CLICK ON THE LINKS BELOW TO DOWNLOAD THE FORMS FOR YOUR MEANS TEST CONSULTATION:

 

Helpful Links

Bankruptcy Forms and Checklists Download In this section, you will find our bankruptcy notices, documents checklist and questionnaire.
Quick Median Income TestQuick calculation of your average household income for the past six months.

Means Test Information

Test used to determine your eligibility to file Chapter 7 when your debts are primarily consumer debts.

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Bankruptcy VideosAll Seymour Law Firm clients are encouraged to watch these videos.
Credit Counseling and Debtor's EducationLinks to the mandatory bankruptcy pre-petition and pre-discharge courses.
United States Bankruptcy Court Link to the Bankruptcy Court for the District of Connecticut.
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