Question

A family of three living in Georgia is thinking about filing bankruptcy. In order to file for Chapter 7 bankruptcy, what must be true about their monthly income?

Answer 1

a.

The family's monthly income must be less than $5,092.

Step-by-step explanation:

a.

The family's monthly income must be less than $5,092.

Answer 2

Total monthly income of family must be less than $5,092

Step-by-step explanation:

For a family of three which are living in Georgia can file Chapter 7 bankruptcy only when total monthly income of family must be less than $5,092.In Georgia If total monthly income of a family of three member is greater that $5,092 Then they cannot file Chapter 7 bankruptcy.