Bankruptcy, Finance, & Debt Relief Blog

Income & Bankruptcy

No matter how much you earn, you still may qualify for Bankruptcy to get creditors to stop harassing you. While Chapter 7 Bankruptcies have a cap on how much money you can make in order to file, there are some strategic exemptions. Otherwise, Chapter 13 Bankruptcies are available to those who make too much money to file a Chapter 7 case. Here's a look at how high income earners are treated in bankruptcy. Under the Bankruptcy Code, anyone who makes more than the median income for a family of their size located in their state must complete an extra form called the means test to determine if they qualify for Chapter 7 bankruptcy. If an individual's means test indicate that they don’t have any

Recent Posts
Search By Tags
  • Twitter
  • 30646eb34311104aba036a018b9a226b
  • AVVO
  • Yelp

© 2017 The Law Office of Tracy A. Brown, P.C. 

Choosing an attorney is an important decision and should not be based soley on advertisements.

Information on this site is not intended as legal advice & contacting us does not create an attorney-client relationship.

Communication via email and the internet is not necessarily secure. 

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.

Our St. Louis attorneys represent individuals in the Eastern District of Missouri.