maybe a stupid question???

[motox]

if i median income level is lets say $50,000 for a couple how can people who make alot more then that say that they qualified for a chapter 7 bk?

[keepmine]

High expenses {mortgage, car payments,etc.} can offset the income.

[motox]

so that means that even though i am alittle over the median income i can still qualify becuase if a higher house payment or car payments? i have been very nervous because i am in a commision job and pay goes up and down

[cool33097]

You should take the means test to see what chapter you might qualify.

[PaKettle]

if i median income level is lets say $50,000 for a couple how can people who make alot more then that say that they qualified for a chapter 7 bk?

For one thing, your qualifying is based on the past 6 months from the day you file. So if you "time it right" you can make sure that 6 months is under the median even if the next 6 months may be more.

Also, if you have legitimately higher expenses than average - like medical care or something that you really HAVE to pay -care of a health-challenged child for example.

I am not sure if this is legal, or ethical, but it would seem that if you were a salesman you could just sell less for the previous 6 months...?

[Cali]

For one thing, your qualifying is based on the past 6 months from the day you file. So if you "time it right" you can make sure that 6 months is under the median even if the next 6 months may be more.

Sometimes you can have a job that pays the same each pay period, and you wouldn't be able to "time it just right", which is where we stand. The only way for us would be emergency expenses or something.