Updated means test numbers

Email from Hale Antico this morning:

Good morning, CDCBAA community! A few updates as we start off the week:

1. The means test numbers are adjusting for cases filed after 4/1/2020. My summary:

    • 1-person household: $59,286, but after April 1, 2020 it’s $60,360
    • 2-person household: $77,860, but after April 1, $79,271
    • 3-person household: $86,665, and after April 1, $88,235
    • 4-person household: $99,512, and after April 1, $101,315
    • Each additional person: $9,000

Note that this is the first time in recent memory, if ever, that a 1-person household median in Calif is over $60,000, and a four-person household median is six figures, over $100,000.

2. With social distancing being encouraged to battle the coronavirus outbreak, you can offer Zoom consultations with potential clients, and for a small meeting Zoom is free. Caveat: the meeting may be limited to 40 minutes for that free number, but the next tier up is only $14.99/month.

Hale

Hale Andrew Antico

(888) 54-BKLAW
https://www.los-angeles-bankruptcy.net

President, Central Dist Consumer Bankruptcy Attorneys’ Assn.(CDCBAA)
Past President, James T. King Bankruptcy Inn of Court
Member, National Association of Consumer Bankruptcy Attorneys (NACBA)

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