Income Thresholds in Bankruptcy

How much income can you have in bankruptcy?

Every year, the federal government sets income levels, based on family size, above which you must make payments in bankruptcy, typically half of the excess. For 2018, the income thresholds are as shown below.

Family        Income     
Size           Threshold

1                        $2,152

2                       $2,679

3                       $3,293

4                       $3,998

5                       $4,535

6                       $5,114

7                       $5,694