Means test calculations figures

If it is over $12,475 then you fail the means test and don’t have the option of filing Chapter 7. If your disposable income under the means test is between $7,475 and $12,475 then you must do further calculations to determine if you have the option of filing a Chapter 7 case.

The means test analysis begins with calculating your current monthly income. I previously posted the new median income figures for South Carolina, which.

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