The Bankruptcy Means Test: Are You Eligible for Chapter 7 Bankruptcy?

The bankruptcy “means test” determines whether you are eligible to file Chapter 7 bankruptcy.  The purpose of the means test is to determine who can file for Chapter 7 relief (which requires no payments to creditors as long as assets are all exempt), and who needs to file for Chapter 13 bankruptcy (which requires a small repayment to creditors for 36 to 60 months).  The following table provides the median family income in Pennsylvania for cases filed On or After November 1, 2016: Individual           Family of 2           Family of 3 

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The Means Test Calculator

The NOLO website has a very helpful Means Test Calculator on the following website: The Means Test Calculator applies the formulas, regional income and expense standards, and calculations of the new “means test” that was a cornerstone of BAPCPA, the bankruptcy law (11 U.S.C. 707(b)). It uses the language and formatting of Official Form 22A — one of several forms you would need to complete if you decide to file for bankruptcy. Dunne Law Offices, P.C.(215) 854-63421500 JFK Blvd, Two Penn Center, Suite 200Philadelphia, PA [email protected]