For a family of three in Alaska, it's $33,310. A common means test is the one used to determine eligibility for Chapter 7 bankruptcy. Since debts do not have to be repaid under Chapter 7 ...

The means test assesses your ability to repay debts to determine eligibility for Chapter 7 bankruptcy. You automatically pass the means test if your household income is under your state's median ...

The entire process takes a few months, and debtors must pass a bankruptcy means test in order to qualify for this option. If a debtor makes a significant amount of money above their state's median ...

Under BAPCPA, your disposable income — even from retirement savings — may count against you in a Chapter 7 bankruptcy means test. In other words, your income sources may add up to disqualify ...

To qualify for a Chapter 7 bankruptcy, your current monthly income must be less than the state median income. Otherwise, you’ll be subjected to a means test to determine your eligibility.

I wish I had done this a long time ago.'" How do I find out if I qualify for Chapter 7 bankruptcy? As noted, you'll likely take a means test determining that you truly do need to declare ...