Means Test Summary - (May 15, 2023 Standards)
[=] Your Means Test Data Summary
Your Income vs. Texas Median Income
Assumptions about Your Situation:
- Marital/Filing Status:
- State: Texas
(based on the 77550 zip code you're using) - Household Size:
(Form 22A-1, Line 13)
Median Income For Your Location (Form 22A-1):
- Texas Median Income for
a person
household:
$0 per month ($0 annual)
(Form 22A-1 Line 13) - Your income for Median Income test:
$0 per month ($0 annual based on 6-month avg)
(Form 22A-1 Line 11, 12) - You are currently BELOW the Texas median income for a person household.
Your Expenses & Galveston County Expense Standards
Expense Deduction Allowances For Galveston County, Texas
(Form 22A-2):
Assuptions about your situation
- Number of Dependents for Expenses: (Form 22A-2, Line 5)
- Vehicles:
- on which you pay operating expenses: (Form 22A-2 Line 11)
- on which you pay ownership or lease expenses: (Form 22A-2 Line 11)
Housing expenses (Line 8 and Line 9
for persons in Galveston County, TX.
- $0 monthly expense allowance for housing and utilities, non-mortgage expenses (Line 8)
-
$0 monthly
expense allowance
for mortgage/rent expenses (Line 9)
(This is a minimum amount. if your mortgage payment is higher, you get the full amount of the mortgage.Not so for rent, unfortunately.)
Living expenses (Line 6)
-
$0 monthly
allowance
for food, clothing, household supplies, personal care, miscellaneous (Line 6)(Source:
National Standards (for -person households, regardless of income.)
Out-of-Pocket Healthcare expenses (Line 7)
- $0 monthly allowance for 'out-of-pocket healthcare costs' other than health insurance
- (Source:
National Standards for
* persons under 65
@$75/person and
* persons 65 or over
@$153/person.
See Line 7)
- $0 monthly allowance for vehicle operation expenses (i.e. gas, repairs, maintenance) for vehicles in Houston
- $ 0 additional monthly allowance claimed for public transportation (Line 15)
- $ 0 monthly allowance for vehicle ownership or lease expenses for vehicles . (This is the standard amount. If your car loan payment is higher, you can deduct the full amount of the car loan. Not so for lease expenses, unfortunately.)
Transportation expenses
Your Disposable income
Your Means Test Summary
Your Household Info
Marital/Filing Status:
(Form 22A-1, Line 1)
State: Texas
(based on the 77550 zip code you're using)
County: Galveston County
(based on the 77550 zip code you're using)
Household Size:
(Form 22A-1, Line 13)
Number of Dependents:
(Form 22A-2, Line 5)
Number of Vehicles you maintain:
(Form 22A-2, Line 11)
Persons under 65 for whom you pay healthcare:
(Form 22A-1, Line 7)
Persons over 65 for whom you pay healthcare:
(Form 22A-1, Line 7
Median Income Test
Texas monthly median for a
-person
household:
$0
($0 annual)
Your monthly household income
$0
($0 annual) (line
11)
Means Test
Monthly Income for Means Test
Monthly income for means test: $0 (Line 4)
Monthly Expenses
Automatic
& Actual Deductions for Galveston County: $0 (Line 24)
Other Deductions (for Actual Expenses): $0 (Line 31)
Deductions for Debt Payment
$0 (Line
37)
TOTAL DEDUCTIONS:
$ 0 (Line
38)
Disposable Income (Line 39)
$
0 per month
($0 over 5 years)
Your Bottom Line
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Based on the information you have entered so far, your monthly income of $ 0 is above the median for -person households in Texas ($ 0), but you pass the means test because your expenses will leave you with disposable income of less than $136.25 per month and therefore amount to less than $9,051 over the next five years.
Summary of your data:
Your average monthly income is $0 and, so far, you have expense deductions totaling $ 0 per month. That would leave you with $ 0 at the end of each month to pay into a hypothetical, five-year Chapter 13 bankruptcy plan, which would pay your unsecured creditors $ 0 over the next five years.