Chapter 7 Bankruptcy New Jersey Income Limits 2024

These important New Jersey income limits help determine if you may be able to qualify for Chapter 7 bankruptcy.
Information in this article does not constitute legal advice, it is for informational purposes only, and may not constitute the most up-to-date information. Readers should contact their attorney for advice on any particular legal matter.

In the table below, you can gauge to see if you are within New Jersey’s income limit for Chapter 7. This information may update about twice per year. If you prefer to check through the government's site, it is updated there as well. 

When looking up your household size, if you notice you more than what is included, you can add $9,900 for each additional member. 

You can also take our New Jersey means test calculator to see if you could qualify for Chapter 7.

# of PeopleAnnual Income
1$83,102
2$100,763
3$130,239
4$157,404
5$167,304
6$177,204
7$187,104
8$197,004
9$206,904

New Jersey Means Test Calculator

If you are unsure as to whether or not you may qualify for a Chapter 7 bankruptcy, feel free to take our free Chapter 7 calculator. The calculator was designed with you in mind and is based on the bankruptcy means test forms in New Jersey! We want to make sure you understand your eligibility, along with the other options that may be available to you based on your individual situation.

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