In Wisconsin what are the income requirements to file bankruptcy?

If you want to file for Chapter 7 bankruptcy, you must pass the means test. If your average monthly income in the six months before you file is less than the median income for a household of your size in Wisconsin, you pass and can use Chapter 7. If your income exceeds the median, you still pass the means test as long as your disposable income (what's left after subtracting allowed expenses) isn't more than a minimum amount set by law. However, if your disposable income is more than the minimum, you won't be allowed to use Chapter 7.

The median income varies by state, and the numbers are updated periodically. For links to current information for Wisconsin, see Filing Bankruptcy in Wisconsin.

If you file under Chapter 13, because you can't pass the means test or because Chapter 13 is a better option in your situation, there are no income limits. However, you must be able to show the judge that you have enough income to fund a Chapter 13 repayment plan. Your monthly payments must be sufficient, over the three to five years your plan, to pay off all of your plan obligations. Certain debts must be paid in full in Chapter 13; if your income isn't sufficient to do so, you won't be able to use Chapter 13.