The Pennsylvania median income has increased again for most families as of November 1, 2014. Generally, increases in the median income help more debtors qualify for Chapter 7 bankruptcy rather that being forced into Chapter 13. This increase should also help some debtors avoid the bankruptcy means test entirely. The latest Pennsylvania median income numbers are as follows:
|Individual||Family of 2||Family of 3||Family of 4*|
|*For each additional family member over four, add $8100. Applies to cases filed on or after November 1, 2014. Source: U.S. Census Bureau.|
For more information on median Income and the important role it plays in Chapter 7 and Chapter 13 bankruptcy, see our updated Pennsylvania Median Income page.