The U.S. Trustee Program has announced new 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 April 1, 2018 is as follows:
Family Size of 1: $66,284
Family Size of 2: $81,054
Family Size of 3: $98,174
Family Size of 4: $121,226
More information can be found here.
Remember it is always important to review this information with an experienced bankruptcy attorney.
