What is a means test?
Is income worksheet/calculator that determines based if you qualify for chapter 7 bankruptcy. The income limitations are based on your state median family income. The means test form calculates your annual income and puts you on a budget based on IRS collection standards. If your means test shows you have too much disposable income, you may not qualify for for chapter 7 and will need to file a chapter 13 bankruptcy. If you are considering filing for bankruptcy, I suggest consulting with an experienced bankruptcy attorney.