Wisconsin Western District Bankruptcy Guide and Forms Package for Chapters 7 or 13 - Wisconsin 2025

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If your total monthly income over the course of the next 60 months is less than $7,475 then you pass the means test and you may file a Chapter 7 bankruptcy. If it is over $12,475 then you fail the means test and dont have the option of filing Chapter 7.
Wisconsin Chapter 7 Bankruptcy Exemptions Under Wisconsin state law, you can exempt: $75,000 of the equity of your primary residence ($150,000 for a married couple) $4,000 motor vehicle exemption, plus the unused amount from consumer goods exemption. $12,000 consumer goods exemption ($24,000 for a married couple)
An individual cannot file under chapter 7 or any other chapter, however, if during the preceding 180 days a prior bankruptcy petition was dismissed due to the debtors willful failure to appear before the court or comply with orders of the court, or the debtor voluntarily dismissed the previous case after creditors
The biggest difference between Chapter 7 and Chapter 13 is that Chapter 7 focuses on discharging (getting rid of) unsecured debt such as credit cards, personal loans and medical bills while Chapter 13 allows you to catch up on secured debts like your home or your car while also discharging unsecured debt.
If you file Chapter 7 bankruptcy, you will have to pay a: Filing fee of $335.

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Wisconsin Chapter 7 Bankruptcy Income Limit # of PeopleAnnual Income 1 $65,536 2 $83,439 3 $105,864 4 $123,0785 more rows
Chapter 7 Bankruptcy Income Limits Many people who file this chapter have jobs; however, having too much income can present a problem. Your attorney will perform a calculation called the means test to determine whether you qualify for relief.
To calculate disposable income for Chapter 7 bankruptcy, subtract your allowable household expensessuch as rent, utilities, transportation, and medical carefrom your total income. The remaining amount is your disposable income, which is evaluated during the Means Test to determine your eligibility.

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