Means Test

Forms 122A-1 / 122A-2 — Chapter 7 eligibility determination
BELOW MEDIAN
Presumption of abuse does not arise. Qualifies for Chapter 7.
$7,980.92
Current Monthly Income
$95,771.04
Annualized Income
$134,366.00
State Median (HH 4)
-$38,594.96
Below Median
Configuration
Auto-Linked Income (from Paychecks & Employment)
Highland Community College (debtor_1): $4819.34/mo
iLIFE (debtor_1): $3161.58/mo
Total: $7980.92/mo
Employment Income Edit in Employment
EmployerOccupationPay PeriodGross/PeriodMonthly
Highland Community College Director of Student Support Services None $2,224.31 $2,224.31
iLIFE Personal Care Worker None $1,459.33 $1,459.33
Total Employment Income $3,683.64
Other Income Sources Edit in Employment
SourceMonthly Amount
No other income sources
$7,980.92
Current Monthly Income
$95,771.04
Annualized (CMI x 12)
$134,366.00
IL Median (HH 4)
Auto-Linked Deductions (from Paychecks & Creditors)
Taxes: $864.35 Health Ins: $513.43 Life Ins: $8.49 Retirement: $578.31 Total: $1974.07
Debt Payments:
Below median — full deduction calculation not required
Debtor qualifies for Chapter 7 based on income alone
Means Test Configuration
Dependents listed: 3
Data Sources Used
SourceStatusDetails
Employment 2 record(s) View
Other Income None View
Expenses (Schedule J) Complete View
Creditors (debt payments) 7 creditor(s) View
Dependents 3 dependent(s) View

Full Means Test Calculation

Step 1: Current Monthly Income (Form 122A-1)
Gross wages from employment$3,683.64
Other income$0.00
Current Monthly Income (CMI)$7,980.92
Annualized (CMI x 12)$95,771.04
Step 2: Median Comparison
StateIL
Household size4
State median income$134,366.00
Result BELOW MEDIAN — Qualifies
CMI $7,980.92
Annual $95,771.04
Median $134,366.00
Result PASS