The U.S. Trustee Program periodically publishes revised median income standards . These standards are based on statistical data that shows the median household income in the filer's location based on household size. In effect, a change in these income standards can impact, among other things, whether a particular individual can file for Chapter 7 bankruptcy or whether a Chapter 13 filer will be required to repay their debt over a period of three years or five years. These revised income standards will be published in the Spring of 2022 when the Consumer Price Index adjustment occurs.
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