You are researching the bankruptcy means test, and wonder whether there is a free Chapter 7 means test calculator to help you estimate Chapter 7 qualification. Why? Because the bankruptcy means test forms are complex.
Voila.
The free Chapter 7 means test calculator below uses the means test bankruptcy forms to help you estimate qualification.
So, the purpose of this article is to help you estimate your Chapter 7 qualification and explain how the Chapter 7 means test calculator works.
Chapter 7 Calculator Specific To Your State
The calculator below asks specific questions to help you estimate your income and compares that to the allowable income based on the means testing guidelines. Here’s the latest for cases filed after May 15, 2021.
How Does The Chapter 7 Means Test Calculator Work
The Chapter 7 means test calculator above mirrors the Chapter 7 statement of income bankruptcy form.
First, the Chapter 7 calculator works to understand your income from all your different income sources. It generally does not include social security income and potentially some disability income.
Income can be complex, the the Chapter 7 means test calculator helps breakdown your income into language relatable to the bankruptcy means test.
Next, the Chapter 7 means test calculator compares it to the median income allowable by your state. The income is based on household size, state, and income level. If you are filing with your spouse, you may have to include your spousal income.
See the language of the means test form below:

Conclusion
The bankruptcy means test is complicated. A free Chapter 7 means test calculator can help you estimate Chapter 7 qualification before having a bankruptcy consultation. The purpose of this article is to explain how it works to make you the most informed about Chapter 7 bankruptcy qualification..