North Dakota Current Income of Individual Debtors - Schedule I - Form 6I - Post 2005

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This form is Schedule I. The form lists the current income of the individual debtor(s). The form also contains the following information about the debtor(s): name and address of the debtor(s); place of employment; and total net monthly take home pay. This form is data enabled to comply with CM/ECF electronic filing standards. This form is for post 2005 act cases.


How to fill out Current Income Of Individual Debtors - Schedule I - Form 6I - Post 2005?

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FAQ

Form 122A-1. This form is called the ?Chapter 7 Statement of Your Current Monthly Income.? This document simply helps you determine whether your income is below the median income of your state. If it is below the median, you have passed the means test. That means the other two forms in this list will not apply to you.

Current monthly income (CMI) is the average income from all sources in the six months prior to filing for bankruptcy. A person's CMI determines their eligibility for Chapter 7 bankruptcy which requires a person's CMI to be below the state median or pass a multi-factored test.

One easy way to calculate how much income would be per month is to total the payments earned in a year, then divide by 12 to get a monthly figure. For example, if you are paid annually, you would simply divide your annual salary by 12 to get the monthly amount.

Official Form 106I (Schedule I) is the form where you disclose your monthly household income. Official Form 106J (Schedule J) is the form where you disclose your current household monthly expenses. At the end of Schedule J, you will subtract your income from your expenses.

This is an Official Bankruptcy Form. Official Bankruptcy Forms are approved by the Judicial Conference and must be used under Bankruptcy Rule 9009.

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North Dakota Current Income of Individual Debtors - Schedule I - Form 6I - Post 2005