Eligibility for filing under the new bankruptcy code is subject to a means test, which calls for determining the applicant's monthly average income and comparing that figure to the median income level in his or her home state.

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The means test is a requirement under the Bankruptcy Code, designed to assess whether an individual filer's income is low enough to qualify for Chapter 7 bankruptcy, by comparing the filer's average monthly income to the median income for a household of the same size in their state.

Eligibility for Filing Under the New Bankruptcy Code Is Subject