Oregon’s “Means Test” Median Income Figures Change November 1, 2009

26 Oct Oregon’s “Means Test” Median Income Figures Change November 1, 2009

The United States Department of Justice, U.S. Trustee Program has announced the latest figures to be used under the means test.  For many states’ residents, the income figures have decreased which means that more folks will likely have to file a Chapter 13, as explained by my colleague Jill Michaux, Kansas attorney.   (My colleague Jonathan Ginsberg explains the impact on Georgia residents in his article; For Oregonians, this November 1, 2009, adjustment affects 1 , 2, or 4  person households negatively, as the median income decreased.   The median income for a 3 person household increased slightly.  The  blue figures are until 10/31/09; Red figures are the 11/1/09 and after.

STATE 1 EARNER 2 PEOPLE 3 PEOPLE 4 PEOPLE
Oregon $45,176 $56,317 $61,046 $72,735
Oregon $42,495 $56,019 $62,832 $72,667
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I'm a consumer protection lawyer in Oregon, working with people in Klamath; Lake; Jackson; Josephine; Curry; and Deschutes County. I speak regularly on bankruptcy and consumer protection issues nationwide.
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