As of May 1, 2012, the Federal US Trustee Program is again updating their means test household median income numbers for Michigan. The news is good for prospective Chapter 7 Bankruptcy filers as the median incomes for households of various sizes have increased slightly—meaning that you can earn a little more money than previously and still be eligible for Chapter 7.
- Household of 1: $45,056.00
- Household of 2: $51,660.00
- Household of 3: $60,313.00
- Household of 4: $72,454.00
(Add $7,500.00 to median for every household member over 4.)
If you are a southeast Michigan resident and are considering filing for bankruptcy, please contact me at email@example.com or (866) 674-2317 to schedule a free, initial consultation.