State Median Income Levels 2011 to qualify for Chapter 7 BK

[Credit Expert]

State Median Income Levels 2011 to qualify for Chapter 7 Bankruptcy Listed by State

To qualify for chapter 7 bankruptcy you cannot make more money then what the feds call your Median Income Level. There is a means test which involves comparing your income to a family the same size as yours in your state.

If your income is lower then the median income for your family size, there is no "presumption of abuse" and you can typically file for Chapter 7 bankruptcy.

If your income is higher than the median income in your state, a more complicated calculation process is required to determine whether you can file under Chapter 7 or Chapter 13 bankruptcy.



Tip: Dont file bankruptcy unless you absolutely have to. It should be considered a last resort as it has serious financial and credit drawbacks. If you need help determining if you should qualify for bankruptcy, give me a call or visit my website http://www.CreditAgenda.com


Below is a list of the State Median Income Levels for each state listed alphabetically:



State / Single-Earner/ 2-Person/ 3-Person /4-Person*



* Add $7,500 for each individual in excess of 4.



Alabama/ $38,278 /$47,904 /$55,433 / $65,079

Alaska /$51,945/ $73,809 /$77,268 / $85,118

Arizona /$42,476 / $56,692 / $61,845 / $69,205

Arkansas /$33,412/ $44,257 /$48,548 /$57,699

California /$47,969 / $64,647 / $70,638 / $79,194

Colorado /$47,085 /$64,754 / $69,728 / $81,354

Connecticut/ $58,321 / $72,328 / $86,335 / $101,761

Delaware /$46,249 / $60,736 / $69,826 / $88,409

District Of Columbia / $42,120 /$68,647 / $69,047 /$69,047

Florida /$41,079 /$52,073 / $58,366 /$68,763

Georgia / $40,546 /$55,061 /$60,887 / $68,258

Hawaii / $55,221 /$66,960 /$77,263 / $91,158

Idaho / $39,484 /$51,291 / $52,577 / $61,830

Illinois / $45,941 /$59,838/ $71,075 / $81,175

Indiana/ $40,683 /$52,367 /$59,438 /$70,621

Iowa / $39,918 / $55,087 / $64,143 / $72,701

Kansas / $41,210 $57,561 /$63,212 / $72,352

Kentucky/ $37,450 / $45,491 / $54,488 /$64,230

Louisiana / $37,331 / $48,115 / $53,271 / $66,020

Maine /$38,674 / $50,731/ $61,855 / $70,124

Maryland /$55,041 / $72,801 / $85,151 / $101,441

Massachusetts/ $53,315 / $69,204 / $82,297/ $99,293

Michigan / $43,456 // $52,433 $61,517 / $74,558

Minnesota / $45,101 / $62,162 / $74,806 / $86,329

Mississippi / $31,954 / $42,606 / $46,519 / $58,310

Missouri/ $39,504 / $51,385 / $60,156 / $70,806

Montana / $39,979 / $52,310 / $58,427 /$65,593

Nebraska / $40,208 / $56,659 / $63,475 /$72,284

Nevada /$46,151 / $60,234 / $66,813/ $70,851

New Hampshire/ $51,332 / $63,976 / $79,385 / $93,592

New Jersey /$59,812 / $71,744 / $85,764 / $102,894

New Mexico / $36,642 / $50,457 / $50,457/ $55,363

New York /$46,320 / $57,902 / $69,174 / $82,164

North Carolina / $38,656 $52,008 $56,727 $67,056

North Dakota /$36,753 / $54,468 / $62,412 / $74,873

Ohio /$41,724 / $52,030 /$61,552 / $73,040

Oklahoma / $38,929 / $50,710 / $54,327 /$61,816

Oregon / $42,344 /$55,820 / $62,608 / $72,408

Pennsylvania/ $44,396 / $53,572 / $67,516 / $77,590

Rhode Island / $45,061 / $62,583 / $76,573/ $86,692

South Carolina/ $39,052 / $51,191 / $55,099 / $65,421

South Dakota /$36,713 / $54,138 / $62,928 / $69,932

Tennessee /$37,598 / $48,935 / $53,822 / $63,999

Texas/ $38,801 / $55,660 / $59,011 / $66,145

Utah /$50,388 /$56,729 /$61,685 / $69,741

Vermont/ $41,593 / $56,656 / $65,094 / $73,899

Virginia / $48,190 / $64,890 /$73,887 /$85,633

Washington / $51,161 / $63,930 / $72,275 / $82,422

West Virginia/ $39,135 / $43,070 / $51,652/ $58,271

Wisconsin /$42,205 / $57,201 /$67,881 / $80,243

Wyoming $44,004 / $59,617 / $65,586 / $76,690



Tip: Dont file bankruptcy unless you absolutely have to. It should be considered a last resort as it has serious financial and credit drawbacks. If you need help determining if you should qualify for bankruptcy, give me a call or visit my website http://www.CreditAgenda.com