New Median Income Number Effective Nov. 1

Periodically, the US Bankruptcy Court publishes new median income number based on Census data. This number is important for bankruptcy filers because it will determine if the full means test needs to be calculated or if a filer will automatically pass the means test.

Effective November 1, 2014, these are the new median income numbers numbers.

This is good news for single people in Hawaii with no kids. The median income number for a household of one has gone up to 61k. So if you are a single person without dependents, need to file bankruptcy and make less than $30 an hour, come see us.

No comments yet.

Leave a Reply

You must be logged in to post a comment.