• 2 E. Congress Street #900, Tucson, AZ 85701
  • 520.495.7596

Bankruptcy Means Test Calculator

In 2005, new bankruptcy laws were passed that drastically changed the eligibility requirements for Chapter 7 “clean slate” bankruptcy. One of the new requirements is that someone seeking to file for Chapter 7 bankruptcy must take the Bankruptcy Means Test in order to determine eligibility.

The Bankruptcy Means Test is a formula that takes an individual’s current monthly income and disposable income into account and compares it to a certain median income. It is an overall determination made by comparing income to expenses; a high income does not necessarily disqualify you from filing for Chapter 7 bankruptcy if you have high expenses. If your current monthly income is too high for Chapter 7 filing, Chapter 13 bankruptcy may be available, allowing you to reorganize your various debts into one three-to-five year repayment plan.

To learn more about your options for debt solutions, including Chapter 7 and Chapter 13 bankruptcy, do not hesitate to contact The Law Office of Barry W. Rorex at 520.495.7596 or email us. Our initial consultations are free, and our office is conveniently located in downtown Tucson, just minutes away from the state courts and administrative offices.

Click here for the Means Test Calculator for Southern Arizona. This will be updated for all Arizona counties shortly.

  • This field is for validation purposes and should be left unchanged.
Law Office of Barry W. Rorex
2 E. Congress Street, Suite 900
Tucson, AZ, 85701 USA