PENNSYVLANIA MEDIAN INCOME CHANGES-BETTER FOR ERIE, PA BANKRUPTCY

This is good news both for Pennsylvania as it means that people are finally making more money, but also for Debtors who are looking to file a Chapter 7 Bankrupcy.  The higher the median income, the easier it is for a Debtor to meet that presumption that they do not have enough income to leave them with "disposable income" and also avoided the Means Test.

From October 2014-May of 2015 the Pennsylvania Median Income Figures are as follows:
Individual: $48,200
Faimily of 2: $56,946
Family of 3: $71,703
Family of 4: $84,396
(Note that for each additional family member over four, add $8100)


Contact Us

Erie

5148 Peach Street, Suite 330
Erie, PA 16509
814.824.6670

Meadville

Parkside Commons
847 N. Main Street, Suite 003B
Meadville, PA 16335
814.547.5920

Pittsburgh

4981 McKnight Road #101548
Pittsburgh, PA 15237
412.532.8222

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