Bankruptcy Basics: Form Completion for Debtors Below Median Income
Having completed these parts of the forms, most debtors may proceed to sign the verification. Only debtors whose incomes listed in Part 2 of Form 122A-1 and Part 2 of Form 122C-1 are above the applicable state medians must additionally complete forms 122A-2 or 122C-2, respectively. Chapter 7 debtors whose incomes in Part 2 are below the state’s median income must also check the box labeled “There is no presumption of abuse” at the top of the first page of the form.