Arizona “Median Income” Test

Are you eligible to file a Chapter 7 Bankruptcy in Arizona?  Call 480-448-9800 and consult with and experienced Arizona Bankruptcy Law attorney at My AZ Lawyers regarding the means test, your eligibility, an explanation of the median income test, or to discuss how the firm may help you with debt relief. 

If your monthly household income is less than the Arizona median income for a household of your size, you are presumed to be eligible to file for Chapter 7 bankruptcy under Section 707(b)(2).

 Compare your household income over the past six calendar months to the state median.

	Median Household Income Test for Arizona Compare your household income to the Arizona median income. For Cases Filed on or after April 1, 2015. Form 22A-1 requires you to total up your income for the last six calendar months, average it, then annualize it, and then compare it to the Arizona median for your size household. If your income is below this amount, you meet the requirements of the “means test” (section 707(b)(2) of the bankruptcy code) to qualify for Chapter 7 bankruptcy. The chart below makes it a bit simpler to figure out. Compare your six-month total income over the last six calendar months to the “6 Mo. Total” in the chart below to get a rough idea of which side of the line you fall. Pay attention to the rules about household size.
If LESS <	Arizona Median Income Test Form 22A-1 (Line 13)	> If MORE
You Pass!Chapter 7 is an option.Not legally required to completeForm 22A-2, but may want to anyway.*	HH Size Monthly Income 6 Mo. Total Annual Income 1 $3,705 $22,230 $44,459 2 $4,593 $27,558 $55,116 3 $4,906 $29,434 $58,867 4 $5,742 $34,450 $68,900 5 $6,417 $38,500 $77,000 6 $7,092 $42,550 $85,100 7 $7,767 $46,600 $93,200 8 $8,442 $50,650 $101,300 9 $9,117 $54,700 $109,400 10 $9,792 $58,750 $117,500	Keep Going!You must completeForm 22A-2 to determine if Chapter 7 is available.
Sources: U.S. Trustee Program, Department of Justice, 11 U.S.C. Sec. 707(b)(7) exclusion. Official Form 22A-1, Line 13

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