Law Office of Stuart M. Nachbar, P.C.
New Chapter 7 Median Income Levels as of November 1, 2022
If you are trying to decide, before you speak with a lawyer, if you can qualify for a Chapter 7, the first thing you need to know is what is your “Household Income”. Household income is defined in the United States Bankruptcy Code as all income from your employer is included—all gross wages or salary, as well as any tips, overtime, shift differentials, and commissions, WITHOUT subtracting any tax or other deductions.