A family of 2 that has a monthly income of $4,650 is thinking about filing bankruptcy. In order to file for Chapter 7 bankruptcy, in which of the following states could the family be living?

State Single-earner 2-person 3-person 4-person

Florida $41,226 $52,259 $58,574 $69,009

Georgia $40,691 $55,258 $61,104 $68,502

Missouri $39,645 $51,568 $60,371 $71,059

Texas $38,940 $55,859 $59,222 $66,381

Virginia $48,362 $65,122 $74,151 $85,939

a. Georgia or Florida

b. Florida or Texas

c. Georgia or Virginia

d. Virginia or Texas

Question

Pierce Trevino

3 January, 22:37

+5

Answers (1)

Know the Answer?

Arden · Answer 1

D. Annually, the 2 person income is $55,800, so are under the max income level in TX or Virginia.

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