New Data regarding Means Testing will be Released January 19, 2007
The Census Bureau’s Median Family Income Data and the Administrative Expense Multipliers accessible through the United States Trustee Program’s Internet site and utilized for completion of Bankruptcy Forms 22A, 22B and 22C, will be updated on January 19, 2007, and should be applied to all cases filed on or after February 1, 2007. The updated Census/Administrative Expense data and new Means Testing Desktop Reference Guides reflecting the updated data will be posted to the United States Trustees Program's site on or before February 1, 2007.
The IRS will not publish their 2007 Allowable Living Expense (“ALE”) figures (also utilized for completion of Bankruptcy Forms 22A and 22C) until later this year. Until the IRS publishes new ALE figures, the Program will continue to use the 2006 figures for means testing purposes.