Bankruptcy Means Test Calculator

Compare your income to your state's median to see if you may qualify for Chapter 7 bankruptcy.

This is a simplified Step 1 analysis only. Full means test involves detailed expense deductions. Always consult a bankruptcy attorney before filing.

$

All sources except Social Security. Include wages, rent, etc.

Your Annual Income

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Annualized (×12)

State Median

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For household size

Difference

—

Above or below median

Step 1 Result

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Presumptive eligibility

Chapter 7 vs Chapter 13

Feature Chapter 7 Chapter 13
Duration~3-4 months3-5 years
Payment planNoYes
Keep assetsMostly (exemptions)Yes
Income limitMeans test requiredNo income limit
Credit impact10 years on report7 years on report

What Bankruptcy Discharges

  • Dischargeable: Credit card debt, medical bills, personal loans, utility bills, some older tax debt
  • NOT dischargeable: Student loans (usually), alimony/child support, recent taxes, DUI judgments, fraudulent debts

Filing Costs

  • Chapter 7 filing fee: $338
  • Chapter 13 filing fee: $313
  • Attorney fees: $1,500–$3,500 (Chapter 7), $3,000–$6,000 (Chapter 13)
  • Credit counseling certificate: $15–$50 (required before filing)

Disclaimer: This calculator provides a simplified Step 1 analysis only. The full means test involves complex expense calculations. Consult a licensed bankruptcy attorney before making any decisions.

Frequently Asked Questions

What is the bankruptcy means test?
The means test was created by the 2005 BAPCPA reform to prevent high-income people from filing Chapter 7. Step 1: compare your income to your state's median. If you're below, you likely qualify for Chapter 7. If above, you proceed to Step 2 which calculates disposable income after allowed expenses.
What counts as income for the means test?
All income received in the 6 calendar months before filing, averaged monthly. Includes: wages, salary, tips, bonuses, rental income, regular contributions from others. Does NOT include: Social Security, SSI, disability income, certain veterans benefits.
What if I fail the means test?
Failing means test Step 1 doesn't disqualify you from bankruptcy — you proceed to Step 2 (allowable expense deductions). Even if you fail Step 2, you can still file Chapter 13 (payment plan over 3-5 years). Chapter 7 is discharge in ~4 months with no payment plan.
How often do state median incomes change?
The U.S. Trustee Program updates state median income figures twice yearly based on Census Bureau data. The figures used must be current as of the date of filing. This calculator uses approximate 2024-2025 figures for reference only.

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