The U.S. Trustee Program announces Means Testing Data for Bankruptcy Cases.
The median income for each family size for a Debtor (or married Debtors) to qualify for a Chapter 7 New Jersey Bankruptcy Case for cases filed on or after November 1, 2019 is as follows:
Family Size of 1: $68,464
Family Size of 2: $82,249
Family Size of 3: $104,752
Family Size of 4: $128,994
More information can be found here.
Remember it is always important to review this information with an experienced bankruptcy attorney.
