Chapter 7 Bankruptcy Minnesota Income Limits 2024

Are you hoping to see if you are within the income limit for the state of Minnesota? The limit is updated generally around two times per year, so make sure you are looking at the most up to date data.
Information in this article does not constitute legal advice, it is for informational purposes only, and may not constitute the most up-to-date information. Readers should contact their attorney for advice on any particular legal matter.

This government site includes the updated numbers, but we have found that it is not as clearly stated. Refer to the visual below to see a convenient breakdown of the limits. 

If you are curious to see if your household size in the state of Minnesota is within the income limit, consider taking our Minnesota means test calculator.

Lastly, keep in mind that if your household is over the below number, each additional member is $9,900 added onto the limit. 

# of PeopleAnnual Income
1$71,961
2$92,245
3$119,809
4$140,800
5$150,700
6$160,600
7$170,500
8$180,400
9$190,300

Minnesota Means Test Calculator

If you are unsure as to whether or not you may qualify for a Chapter 7 bankruptcy, feel free to take our free Chapter 7 calculator. The calculator was designed with you in mind and is based on the bankruptcy means test forms in Minnesota! We want to make sure you understand your eligibility, along with the other options that may be available to you based on your individual situation.


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