Current Monthly Income Means Test

The individual consumer debtor’s “current monthly income” is defined in Section 101(10A). It is the average monthly income received from all sources in the six months prior to the bankruptcy filing. The funds do not have to be taxable income to be included. Current monthly income also includes all payments made by any person or entity “on a regular basis” for the individual consumer debtor’s household expenses. Current monthly income does not include “benefits paid under the Social Security Act.”

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