Home / Bankruptcy basics / Questions

What is the means test?

Short answer

A calculation that compares your income with your state’s median to see whether you qualify for Chapter 7, or need to use Chapter 13.

Rules differ by state. This is general information, not legal or professional advice.

See every step in 1 minuteBankruptcy: how it works and what you keep

Watch now Read the guide

People also ask

Will I lose my house in bankruptcy?›Can I file without a lawyer?›How much does it cost to file for bankruptcy?›How long does bankruptcy stay on my credit report?›Can bankruptcy stop a foreclosure?›Can student loans be wiped out in bankruptcy?›Will I lose my car in bankruptcy?›

See all questions (8) ›

Official sources

U.S. Courts: bankruptcy basicsuscourts.gov
U.S. Trustee Program: approved credit counseling agenciesjustice.gov
CFPB: debt helpconsumerfinance.gov