UPDATE 11/1/2021: The US Trustee Program announced on 10/28 (the day after this original post) that it would not be releasing updated figures for the Means Test in Nov: "The Census Bureau will not release updated median income totals by state and family size in 2021 due to data quality issues associated with the COVID-19 pandemic. As a result, the U.S. Trustee Program will not post updated median income totals until a Consumer Price Index adjustment in spring 2022."
If you've been told over the past 6 months that either 1) you make too much money to qualify for a Chapter 7 or 2) your disposable monthly income, according to the court's formula, would result in a monthly Chapter 13 payment that is not workable for you, there might be good news coming next week. New median income figures will be release on 11/1/21 which could mean that someone who didn't qualify for a Chapter 7 in Oct 2021 would qualify for a 7 in Nov 2021. Additionally, these updates figures could help reduce someone's liability in a Chapter 13 as payments to unsecured creditors are largely determined on a sliding scale.
If you consulted with a bankruptcy attorney earlier this year but did not proceed, call me to set up a consultation and I'll provide a second opinion free of charge.
