Means Test

Forms 122A-1 / 122A-2 — Chapter 7 eligibility determination
BELOW MEDIAN
Presumption of abuse does not arise. Qualifies for Chapter 7.
$6,271.00
Current Monthly Income
$75,252.00
Annualized Income
$134,366.00
State Median (HH 4)
-$59,114.00
Below Median
Configuration
Auto-Linked Income (from Paychecks & Employment)
Illinois Secretary of State (debtor_1): $3981.00/mo
Other Income: $2290.00/mo
Total: $6271.00/mo
Employment Income Edit in Employment
EmployerOccupationPay PeriodGross/PeriodMonthly
Illinois Secretary of State Public Service Representative None $1,990.50 $1,990.50
Total Employment Income $1,990.50
Other Income Sources Edit in Employment
SourceMonthly Amount
Household contributions from James L Mays $2,290.00
$6,271.00
Current Monthly Income
$75,252.00
Annualized (CMI x 12)
$134,366.00
IL Median (HH 4)
Auto-Linked Deductions (from Paychecks & Creditors)
Taxes: $667.50 Involuntary: $57.72 Health Ins: $364.50 Life Ins: $19.36 Retirement: $159.24 Total: $1347.94
Debt Payments:
Below median — full deduction calculation not required
Debtor qualifies for Chapter 7 based on income alone
Means Test Configuration
Dependents listed: 2
Data Sources Used
SourceStatusDetails
Employment 1 record(s) View
Other Income 1 source(s) View
Expenses (Schedule J) Complete View
Creditors (debt payments) 12 creditor(s) View
Dependents 2 dependent(s) View

Full Means Test Calculation

Step 1: Current Monthly Income (Form 122A-1)
Gross wages from employment$1,990.50
Other income$2,290.00
Current Monthly Income (CMI)$6,271.00
Annualized (CMI x 12)$75,252.00
Step 2: Median Comparison
StateIL
Household size4
State median income$134,366.00
Result BELOW MEDIAN — Qualifies
CMI $6,271.00
Annual $75,252.00
Median $134,366.00
Result PASS