Question

A family of 2 that has a monthly income of $4,650 is thinking about filing bankruptcy. In order to file for Chapter 7 bankruptcy, in which of the following states could the family be living?

a. Georgia or Florida
b. Florida or Texas
c. Georgia or Virginia
d. Virginia or Texas

Answer 1

the correct answer should be d.Virginia or Texas

Answer 2

Their monthly income is 4,650.

Multiply that by 12 to find the yearly income:

4650 x 12 = $55,800

Based on the yearly income the answer is D. Virginia or Texas