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Virginia Bankruptcy Means Test Calculator And Income Limit: What You Should Know

These forms must be filed with the Virginia Department of Justice to determine whether a discharge is permitted. When you  file either a Chapter 13 or a Chapter 7 case, you will pay both the standard and the additional fees associated with the means test (see  below). Additionally, when making calculations, you should use the latest federal guidelines for deducting allowable expenses for  accountants, and the latest Virginia guidelines from the Virginia Board of Professional Accounts. We don't have the  guidelines for the most recent income figures, but we do provide the latest federal income guidelines and income limits in  case you wish to use these figures. If you exceed the income limit for Virginia, your claim will be denied unless you  have a valid Chapter 7 bankruptcy discharge. Virginia Means Test 2023 —  The new VA income limits and guidelines, and the 2023 means test are as of January 1, 2018. Bankruptcy Means Test 2023 — Up-Solve April 30, 2023 — Update: Update to calculate income and expense amounts from the new Virginia State income limits under the  President's budget for 2018. We have not been informed of any changes to the way Chapter 7 cases are selected.  Bankruptcy Means Test 2023 — Up-Solve June 15, 2023 — Update: Update to calculate income and expense amounts from the new Virginia State income limits under the  President's budget for 2019. We have not been informed of any changes to the way Chapter 7 cases are selected. Bankruptcy Means Test 2023 — Up-Solve August 1, 2023 — Update: Update to calculate income and expense amounts from the new Virginia State income limits under the President's budget for 2020. We have not been informed of any changes to the way Chapter 7 cases are selected.  Bankruptcy Means Test 2023 — Up-Solve January 1, 2023 — Update to calculate income and expense amounts from the new Virginia State income limits under the President's budget for 2021. We have not been informed of any changes to the way Chapter 7 cases are selected. Bankruptcy Means Test 2023 — Up-Solve January 1, 2023 — Update to calculate income and expense amounts from the new Virginia State income limits under the President's budget for 2020.

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