Legal Question in Bankruptcy in California

What is the median income threshold/ceiling for filing bankruptcy in CA? Is it set by state or even more locally? If so, Orange County, CA. Thank you!

Asked on 5/14/13, 6:38 pm

3 Answers from Attorneys

Scott Jordan Jordan Law Office
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Median income is set by the federal government (IRS) and is by state and size of family. You can find the information on the US Bankruptcy Court website.

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5/14/13, 7:16 pm
Carl Starrett Law Offices of Carl H. Starrett II
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Median income is based on family size, but it is not the determining factor in whether or not you can file bankruptcy. Your income and allowable deductions play a part in determining whether or not you should be in a Chapter 7 liquidation or in a Chapter 13 partial repayment plan under the means test.

Your best bet is to consult a local bankruptcy attorney for further assistance..

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5/15/13, 9:32 am
Charles Andersen Charles Andersen, Atty
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The median income is based on census bureau statistics that pick up what the average household income is by state. On our website you can find a tool that will show you what the median income is for your household size. http://www.absolutebankruptcy.org

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5/20/13, 8:08 pm

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