{"id":6785,"date":"2022-10-21T17:18:49","date_gmt":"2022-10-21T17:18:49","guid":{"rendered":"https:\/\/mn-bankruptcy.com\/blog\/?p=6785"},"modified":"2022-11-22T22:12:32","modified_gmt":"2022-11-22T22:12:32","slug":"median-incomes-up-again-as-of-november-1st","status":"publish","type":"post","link":"https:\/\/mn-bankruptcy.com\/blog\/median-incomes-up-again-as-of-november-1st\/","title":{"rendered":"November 1st Median Income Surprises"},"content":{"rendered":"\n<p>I just received word that the US Trustee&#8217;s office has again released <a href=\"https:\/\/www.justice.gov\/ust\/eo\/bapcpa\/20221101\/bci_data\/median_income_table.htm\">new median income numbers for Minnesota.<\/a>&nbsp; If you want to file a Chapter 7 bankruptcy, it is best if your household income is below these medians for your household size.&nbsp;&nbsp;<\/p>\n\n\n\n<p>\u200bThe new number for a household of one is $66,334 per year.\u00a0 For a household of two it&#8217;s $84,207; for a household of three $105,800; and for a household of four is up to $130,852.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Minnesota Bankruptcy Median Income Update Nov 2022\" width=\"525\" height=\"295\" src=\"https:\/\/www.youtube.com\/embed\/QPiNpJQw7fI?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p>The numbers are based on data from the U.S. Census Bureau. &nbsp;The figures have increased for a household of one and for a household of four, but have gone down for households of two and three. The increase for a household of one was about $800 per year, and for a household of four it was about $5,000 per year.&nbsp; But for a household of two it has gone down by $645 and for a household of three it&#8217;s down by $2,151.  Certainly it&#8217;s a mixed bag this time.  If you thought you might not be eligible for Chapter 7, look again. The history here seems to be that every time they do an update, the numbers go up at least a little bit; although that was not the case in all categories this time..&nbsp;<\/p>\n\n\n\n<p>\u200bPeople who were not eligible before for a Chapter 7 bankruptcy might be eligible now.&nbsp; I do free telephone consultations.&nbsp; 952-544-6356.&nbsp; Wouldn&#8217;t hurt to check with me to see if you qualify.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I just received word that the US Trustee&#8217;s office has again released new median income numbers for Minnesota.&nbsp; If you want to file a Chapter 7 bankruptcy, it is best if your household income is below these medians for your household size.&nbsp;&nbsp; \u200bThe new number for a household of one is $66,334 per year.\u00a0 For &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/mn-bankruptcy.com\/blog\/median-incomes-up-again-as-of-november-1st\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;November 1st Median Income Surprises&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":6787,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[4,12,155],"tags":[146],"class_list":["post-6785","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bankruptcy","category-chapter-7","category-median-income-for-minnesota-bankruptcy","tag-minnesota-chapter-7-bankruptcy"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.7 - 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Bankrupt MN Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/davidkelllylawoffice\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-21T17:18:49+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-11-22T22:12:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mn-bankruptcy.com\/blog\/wp-content\/uploads\/2022\/10\/youtube-pic-1.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"404\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"DaveKelly\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"DaveKelly\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/mn-bankruptcy.com\/blog\/median-incomes-up-again-as-of-november-1st\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/mn-bankruptcy.com\/blog\/median-incomes-up-again-as-of-november-1st\/\"},\"author\":{\"name\":\"DaveKelly\",\"@id\":\"https:\/\/mn-bankruptcy.com\/blog\/#\/schema\/person\/a385963a920f92e1cf406fa921c98453\"},\"headline\":\"November 1st Median Income Surprises\",\"datePublished\":\"2022-10-21T17:18:49+00:00\",\"dateModified\":\"2022-11-22T22:12:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/mn-bankruptcy.com\/blog\/median-incomes-up-again-as-of-november-1st\/\"},\"wordCount\":254,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/mn-bankruptcy.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/mn-bankruptcy.com\/blog\/median-incomes-up-again-as-of-november-1st\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/mn-bankruptcy.com\/blog\/wp-content\/uploads\/2022\/10\/youtube-pic-1.webp\",\"keywords\":[\"Minnesota Chapter 7 bankruptcy\"],\"articleSection\":[\"bankruptcy\",\"chapter 7\",\"Median Income for Minnesota Bankruptcy\"],\"inLanguage\":\"en\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/mn-bankruptcy.com\/blog\/median-incomes-up-again-as-of-november-1st\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/mn-bankruptcy.com\/blog\/median-incomes-up-again-as-of-november-1st\/\",\"url\":\"https:\/\/mn-bankruptcy.com\/blog\/median-incomes-up-again-as-of-november-1st\/\",\"name\":\"November 1st Median Income Surprises - 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Sometimes that seems like a long time, and other days I feel as if I just started. These days my practice is devoted entirely to counseling folks concerning their financial problems and representing them in Chapter 7 and Chapter 13 bankruptcy. One thing I don't do is credit repair. When asked about matters concerning credit scores, I like to say \\\"I'm a very good source of unreliable information about that.\\\" What I mean is that I hear a lot about it from my clients who often report back to me how they are doing after their bankruptcy is completed, sometimes even years later; but having heard some stories from a few people doesn't qualify me to give any advice. I spend a lot of time with my clients. I want to be sure we get it right. There are civil and criminal penalties for concealing or providing incorrect information in a bankruptcy care, and my goal is to keep myself and my clients as far away from problems like that as possible. You can find me in MInnetonka near I-394 and Hopkins crossroad. It's ten or fifteen minutes from downtown Minneapolis. You can see parts of Plymouth, Minnesota, Golden Valley, Minnesota and St. Louis Park, Minnesota from the high ground in front of my building. If you take a look at the map, you can see that most of St. Louis Park is closer to my office than many parts of Minnetonka.\",\"sameAs\":[\"http:\/\/www.mn-bankruptcy.com\"],\"url\":\"https:\/\/mn-bankruptcy.com\/blog\/author\/davekelly\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"November 1st Median Income Surprises - Better Call Dave - Bankrupt MN Blog","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/mn-bankruptcy.com\/blog\/median-incomes-up-again-as-of-november-1st\/","og_locale":"en_US","og_type":"article","og_title":"November 1st Median Income Surprises - Better Call Dave - Bankrupt MN Blog","og_description":"I just received word that the US Trustee&#8217;s office has again released new median income numbers for Minnesota.&nbsp; If you want to file a Chapter 7 bankruptcy, it is best if your household income is below these medians for your household size.&nbsp;&nbsp; \u200bThe new number for a household of one is $66,334 per year.\u00a0 For &hellip; Continue reading \"November 1st Median Income Surprises\"","og_url":"https:\/\/mn-bankruptcy.com\/blog\/median-incomes-up-again-as-of-november-1st\/","og_site_name":"Better Call Dave - 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Sometimes that seems like a long time, and other days I feel as if I just started. These days my practice is devoted entirely to counseling folks concerning their financial problems and representing them in Chapter 7 and Chapter 13 bankruptcy. One thing I don't do is credit repair. When asked about matters concerning credit scores, I like to say \"I'm a very good source of unreliable information about that.\" What I mean is that I hear a lot about it from my clients who often report back to me how they are doing after their bankruptcy is completed, sometimes even years later; but having heard some stories from a few people doesn't qualify me to give any advice. I spend a lot of time with my clients. I want to be sure we get it right. There are civil and criminal penalties for concealing or providing incorrect information in a bankruptcy care, and my goal is to keep myself and my clients as far away from problems like that as possible. You can find me in MInnetonka near I-394 and Hopkins crossroad. It's ten or fifteen minutes from downtown Minneapolis. You can see parts of Plymouth, Minnesota, Golden Valley, Minnesota and St. Louis Park, Minnesota from the high ground in front of my building. 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