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Chapter 7 Bankruptcy Qualification In order to qualify for a Chapter 7 Bankruptcy, your income must be lower than the state median. The median for Arizona is as follows:
Household of 1- $40,945.00 Household of 2- $53,153.00 Household of 3- $59,782.00 Household of 4- $66,903.00
In some instances, even if you are over the median, you may be able to qualify for a Chapter 7 Bankruptcy if you have enough allowed expenses. This cannot be determined until a Mean's Test is completed. |