Atlanta Georgia Bankruptcy Attorney
New information for means test
The USDOJ has released new information regarding the means test for Chapter 7 and Chapter 13 bankruptcy filings. This new information goes into effect for cases filed on March 15, 2009.
For Georgia, the income test for automatic presumption of eligibility (income only test – other tests still apply) to file for Chapter 7 bankruptcy is:
One person household: $40,760
Two person household: $54,054
Three person household: $61,959
Four person household: $71,554
For households with additional members, the USDOJ instructs filers to add $6,900 for each individual in excess of 4.
In some situations, even if filers have income above these amounts, they might still be eligible for Chapter 7 bankruptcy filing, depending upon their expenses.
Atlanta Georgia Bankruptcy Blog 
