Just a few questions for the experts here on the board. I am a resident in Tennessee who makes approx 42000 a year. I am new divorced and loyally pay 1200 a mnth in child support which reduces my yearly income by arounf 14000. My ? is this. Will my income be based before the child support or after for the means test. Also the means test considers family member, if my wife has primary residental parenting do I still get to claim as a family of 3 if we have 2 children or will I just claim as a family of 1. Hope that makes some sense. Thanks so much.
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Originally posted by Mommy22 View PostWill my income be based before the child support or after for the means test.
Also the means test considers family member, if my wife has primary residental parenting do I still get to claim as a family of 3 if we have 2 children or will I just claim as a family of 1. Hope that makes some sense. Thanks so much.
In Tennessee, the median income for a family of 1 is $34,670. For a family of 3, it's $52,380. If your $42,000/year income is gross income, then you are right in the middle. You can likely file Ch 7 if you claim the kids and will likely have to file Ch 13 if you don't. But the only way to know for certain is to have a knowledgeable lawyer or paralegal complete the required Means Test and see how much (if any) disposable income it shows. You can try filling out the Means Test yourself (although the results won't be reliable) at http://www.legalconsumer.com/bankrup...0801#QuickTest . Scroll to the top of the page and enter your zip code to get some of the required information to autofill in for your state. Let us know what you find, ok?
Keep asking questions and reading posts here - we'll do our best to help you sort out what your options are.Last edited by lrprn; 07-10-2007, 07:37 PM.I am not a lawyer and this is not legal advice nor a statement of the law - only a lawyer can provide those.
06/01/06 - Filed Ch 13
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