What Is The Chapter 7 Bankruptcy Means Test?

Have you been told you that you do not qualify for Chapter 7 bankruptcy because you failed the Chapter 7 bankruptcy means test?

Before you give up on the debt relief opportunity afforded by Chapter 7, review your bankruptcy means test with a knowledgeable bankruptcy lawyer at a law firm with experience in completing long-form means tests for clients with higher-than-median incomes.

Ambrogio, Pletter & Associates, LLC , established in 1982, has been owned by bankruptcy attorney Tim Pletter since 2000. Serving clients in Stratford and Bridgeport, we offer a free attorney consultation to people who are worried about debt and considering bankruptcy. Discover what our past clients say about us.

“Comparing your household income to the median income in Connecticut is the starting point of the conversation about the means test, not the end.”
— Stratford bankruptcy lawyer Tim Pletter

What Is The Chapter 7 Bankruptcy Means Test?

The Chapter 7 bankruptcy means test is part of the qualification process for Chapter 7 bankruptcy, which is the type of bankruptcy that discharges (eliminates) all qualifying debt. You may qualify for Chapter 7 bankruptcy if your household income is lower than the Connecticut median income. If your household income is above the median, you may still qualify for Chapter 7 bankruptcy.

In 2024, the U.S. Department of Justice released adjusted median income data. In Connecticut, median income data is:

• $81,285 for a household of one
• $101,344 for a household of two
• $124,441 for a household of three
• $149,181 for a household of four

If your household income is higher than the median, contact us today. Our law firm has helped hundreds of people pass the Chapter 7 bankruptcy means test. We will conduct a thorough analysis of your household income and expenses, using the long-form means test, to determine whether you qualify for Chapter 7 bankruptcy even though your household income is higher than the median. If you do not qualify for Chapter 7 bankruptcy, you can still file Chapter 13.

Don’t Let Bad Advice Ruin Your Chances For A Fresh Financial Start

If you have been told you don’t qualify for Chapter 7 bankruptcy, let us provide a second opinion. We have extensive experience filing Chapter 7 bankruptcy petitions on behalf of individuals and families with above-median incomes. To schedule a complimentary attorney consultation, call 475-365-0408 or use our online contact form.