Get Form B122a 2

Filling out the Form B122a 2, also known as the Chapter 7 Means Test Calculation, is an essential step for individuals seeking bankruptcy relief. This comprehensive guide will assist you in completing the form accurately and efficiently in an online format.

Follow the steps to complete your Form B122a 2 online.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Begin by entering your case information. Fill in the details for Debtor 1 and, if applicable, Debtor 2. Ensure that you include first names, middle names, last names, district of the United States Bankruptcy Court, and case number.
3. In section 1, copy your total current monthly income from line 11 of Form 122A-1. Provide this number in the appropriate field.
4. Determine if your spouse is filing with you. If not, fill in $0 on line 3. If your spouse is filing jointly, follow the instructions to adjust your income accordingly.
5. Adjust your current monthly income by subtracting any portion of your spouse’s income that is not used for household expenses. Fill in the relevant details and amounts.
6. In Part 2, calculate your deductions from your income by following the IRS National and Local Standards. Enter the necessary information for each expense category.
7. Complete the section on necessary expenses, detailing monthly expenses such as taxes, involuntary deductions, life insurance, and other allowances.
8. In Part 3, determine your total deductions from income by adding all expenses allowed under IRS standards, including additional deductions and deductions for debt payments.
9. Calculate your monthly disposable income and determine whether there is a presumption of abuse based on the criteria provided.
10. If you have special circumstances that justify additional expenses or adjustments, complete Part 4 with the necessary details.
11. Finally, sign and date the form on the last page. Ensure that both debtors sign if applicable.
12. Once completed, save your changes, and download, print, or share the form as required.

Complete your Form B122a 2 online today to take the next step toward your bankruptcy filing.