Means Test

Forms 122A-1 / 122A-2 — Chapter 7 eligibility determination
BELOW MEDIAN
Presumption of abuse does not arise. Qualifies for Chapter 7.
$4,150.00
Current Monthly Income
$49,800.00
Annualized Income
$91,526.00
State Median (HH 2)
-$41,726.00
Below Median
Configuration
Auto-Linked Income (from Paychecks & Employment)
Rock Valley College (debtor_1): $3499.99/mo
Other Income: $650.00/mo
Total: $4149.99/mo
Employment Income Edit in Employment
EmployerOccupationPay PeriodGross/PeriodMonthly
Rock Valley College Administrative Assistant Bi-Weekly $1,615.38 $3,500.53
Total Employment Income $3,500.53
Other Income Sources Edit in Employment
SourceMonthly Amount
Child support from Tuan Nguyen (ex-husband) $650.00
$4,150.00
Current Monthly Income
$49,800.00
Annualized (CMI x 12)
$91,526.00
IL Median (HH 2)
Auto-Linked Deductions (from Paychecks & Creditors)
Taxes: $721.39 Involuntary: $280.00 Health Ins: $483.17 Life Ins: $18.42 Total: $1502.98
Debt Payments: Secured $1470.00/mo
Below median — full deduction calculation not required
Debtor qualifies for Chapter 7 based on income alone
Means Test Configuration
Dependents listed: 1
Data Sources Used
SourceStatusDetails
Employment 1 record(s) View
Other Income 1 source(s) View
Expenses (Schedule J) Complete View
Creditors (debt payments) 8 creditor(s) View
Dependents 1 dependent(s) View

Full Means Test Calculation

Step 1: Current Monthly Income (Form 122A-1)
Gross wages from employment$3,500.53
Other income$650.00
Current Monthly Income (CMI)$4,150.00
Annualized (CMI x 12)$49,800.00
Step 2: Median Comparison
StateIL
Household size2
State median income$91,526.00
Result BELOW MEDIAN — Qualifies
CMI $4,150.00
Annual $49,800.00
Median $91,526.00
Result PASS