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MEDIAN INCOME IN MICHIGAN – Effective November 1, 2011

Here are the new median income numbers applicable to Chapter 7 and Chapter 13 bankruptcy in Michigan:

1 person:           $43,677 up from $42,562

2 persons:          $50,079 down from  $50,738

3 persons:           $58,467 down from $60,161

4 persons:           $70,237 down from $71,158

5 persons:           $77,737 down from  $79,258

6 persons:           $85,237 down from $86,758

7 or more persons:    Add $7,500 per household member.

Remember, household size is based on heads in beds.