Official Form 122C-1 (Statement of Your Current Monthly Income and Calculation of Commitment Period) and Official Form 122C-2 (Chapter 13 Calculation of Your Disposable Income) …

Apr 10, 2025 · A means test is a formula that uses someone's income to determine their eligibility for assistance or benefits. What Is a Means Test? A means test is a method for determining …

Means testing is a review of your finances used to determine eligibility for government assistance programs and bankruptcy options. Government programs such as Supplemental Security …

A means test is a determination of whether an individual or family is eligible for government benefits, assistance or welfare, based upon whether the individual or family possesses the …

Apr 2, 2025 · Read on to learn how the Chapter 7 means test works, how to calculate your income for the Chapter 7 means test, and whether you can pass the means test and file for …

Sep 3, 2025 · In the test, you compare your income with the median income of a similar size household in your state. If your income is lower, you pass the test. If it’s higher, you have to …

The Means Test, also known as Form 22A, is a disposable income formula that measures a debtor’s income against a set of monthly allowances, expenses and debt payments.

Oct 3, 2025 · The means test compares your average monthly income over the past six months to the median income for a household of your size in your state.

The means test, which is the Chapter 7 means test, is a formula that uses in bankruptcy law to decide if the debtor is eligible for Chapter 7 bankruptcy. If the debtor fails the means test, the …

MEANS TEST meaning: 1. a measurement of how much income a person has in order to decide if they should receive money…. Learn more.