Means Test

Forms 122A-1 / 122A-2 — Chapter 7 eligibility determination
BELOW MEDIAN
Presumption of abuse does not arise. Qualifies for Chapter 7.
$6,000.00
Current Monthly Income
$72,000.00
Annualized Income
$156,566.00
State Median (HH 6)
-$84,566.00
Below Median
Configuration
Auto-Linked Income (from Paychecks & Employment)
Acme Manufacturing Corp (debtor_1): $5200.00/mo
Other Income: $800.00/mo
Total: $6000.00/mo
Debtor 1 Debtor 1 Edit
EmployerMonthly
Acme Manufacturing Corp $5,200.00
Gross Employment Income$5,200.00
Debtor 2 Debtor 2 Edit
EmployerMonthly
No employment
Other Income Sources Edit in Employment
SourceMonthly Amount
Spouse part-time work $800.00
Mother's Social Security $1,450.00
$6,000.00
Current Monthly Income
$72,000.00
Annualized (CMI x 12)
$156,566.00
IL Median (HH 6)
Auto-Linked Deductions (from Paychecks & Creditors)
Taxes: $1180.00 Involuntary: $15.00 Health Ins: $110.00 Total: $1350.00
Debt Payments: Secured $1220.00/mo
Below median — full deduction calculation not required
Debtor qualifies for Chapter 7 based on income alone
Means Test Configuration
Dependents listed: 3 | Filing jointly (2 debtors)
Data Sources Used
SourceStatusDetails
Employment 1 record(s) View
Other Income 2 source(s) View
Expenses (Schedule J) Complete View
Creditors (debt payments) 10 creditor(s) View
Dependents 3 dependent(s) View

Full Means Test Calculation

Step 1: Current Monthly Income (Form 122A-1)
Gross wages from employment$5,200.00
Other income$2,250.00
Current Monthly Income (CMI)$6,000.00
Annualized (CMI x 12)$72,000.00
Step 2: Median Comparison
StateIL
Household size6
State median income$156,566.00
Result BELOW MEDIAN — Qualifies
CMI $6,000.00
Annual $72,000.00
Median $156,566.00
Result PASS