Understanding the New Median Income Figures for Bankruptcy Filers April 1, 2021: New Median Income Figures Released for Kansas and Missouri Bankruptcy Filers Not sure which chapter of bankruptcy you should file? Finding out what you qualify for may be a good place to start. In bankruptcy, the Means Test looks at your median income […]
April 1, 2021: Bankruptcy Median Income Updates for Kansas and Missouri Read Post »
Navigating the Means Test: Qualifying for Chapter 7 or Chapter 13 Bankruptcy The Means Test looks at your Median Income to determine for which Chapter of Bankruptcy you qualify: Chapter 7 or Chapter 13 As of April 1, 2016, the median income levels for Kansas and Missouri have increased across the board, potentially affecting your
April 1, 2016: Updated Median Income Levels for Kansas and Missouri Bankruptcy Filers Read Post »
How November 2014 Median Income Adjustments Affect Your Bankruptcy Options Chapter 7 or Chapter 13 As of November 1, 2014, the Median Income Levels will change again. Median income levels in Kansas are up for the most part. The exception is for the family household size of 3. In Missouri, on the other hand, median
The Means Test looks at your Median Income to determine for which Chapter of Bankruptcy you qualify: Chapter 7 or Chapter 13 As of April 1, 2014 the Median Income Levels will change once again. Median income levels are up across the board in both Kansas and Missouri – no foolin’! Due to these changes,
April 1, 2014 Median Income Levels for Kansas and Missouri Bankruptcy Filers Read Post »
The Means Test looks at your Median Income to determine for which Chapter of Bankruptcy you qualify: Chapter 7 or Chapter 13 As of tomorrow, May 1, 2013, the Median Income Levels are changing once again. They are back up in Kansas. This comes after the Median Income decrease we saw on November 1, 2012.
Adapting to Changes in Median Income Levels: What It Means for Bankruptcy Filers As of November 1, 2012 the Median Income Levels are back down in Kansas. This comes after the Median Income rise we saw in May 1, 2012. In Missouri, the Median Income change reflects a decrease except for larger families. Despite the
Understanding the Impact of Rising Median Income Levels on Bankruptcy Eligibility Starting May 1, 2012, the Median Income Levels went up in Kansas and Missouri. In addition, the IRS National Standard Deductions changed. If you have been considering filing for Bankruptcy this means that you may be more likely to qualify for a Chapter 7
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