Bankruptcy Means Test Income Numbers Change Nov 1

Posted on October 27, 2014 at 3:18pm by

Bankruptcy Means Test Income Numbers for November 1, 2014

On November 1, 2014, the median income numbers for households will be updated. Our firm helps individuals, families, and businesses with bankruptcy, in both Kansas and Missouri, in the greater Kansas City metropolitan area. The following are the adjustments made for the Bankruptcy Means Test for November 1, 2014 for Kansas and Missouri:

2013 Bankruptcy Means Test Numbers for Kansas:

  • Household of 1: $44,434
  • Household of 2: $58,344
  • Household of 3: $66,352
  • Household of 4: $73,514

2014 Bankruptcy Means Test Numbers for Kansas:

  • Household of 1: $45,246
  • Household of 2: $59,610
  • Household of 3: $65,010
  • Household of 4: $74,804

2013 Bankruptcy Means Test Numbers for Missouri:

  • Household of 1: $41,594
  • Household of 2: $52,174
  • Household of 3: $58,310
  • Household of 4: $73,288

2014 Bankruptcy Means Test Numbers for Missouri:

  • Household of 1: $41,700
  • Household of 2: $51,940
  • Household of 3: $61,119
  • Household of 4: $71,550

As we’ve written about previously, the Bankruptcy Means Test is part of the process for many debtors when determining if there is a presumption of abuse in a Chapter 7 bankruptcy filing.

To find out if bankruptcy is right for you, and what your bankruptcy options are, contact one of our knowledgeable bankruptcy lawyers.



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