Our Attorney-authored Blog, focusing on Bankruptcy in North Carolina.
From the Glossary
The means test compares a debtor's gross income to that of the state's median income. This figure, as published by the United States Trustee, represents the income level of a household what would fall in the middle of a ranked list of households by income. If you have exactly the median household income, the same number of households have more income than you as the number of households that have less income than you. Median income does not account for county-to-county variation in income levels. read more More...
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