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Bankruptcy and Debt Calculators
Check Chapter 7 eligibility, estimate Chapter 13 payments, look up exemptions, and calculate Medicaid eligibility. State-specific data for all 50 states.
Key Facts
- Chapter 7 filing fee: $338 (federal courts)
- Chapter 13 plan duration: 3 years (below median income) or 5 years (above)
- Retirement accounts: fully exempt in bankruptcy (ERISA-qualified plans)
- Medicaid look-back period: 60 months for long-term care eligibility
Bankruptcy and Finance Calculators — All 50 States
Bankruptcy and Finance
Homestead Exemption Calculator
Calculate your homestead property protection by state. Exemption amounts, acreage limits, filing requirements, and how it interacts with probate.
All 50 states →
Bankruptcy and Finance
Chapter 7 Means Test Calculator
Take the Chapter 7 bankruptcy means test. Uses federal median income data by state and household size to determine if you qualify for Chapter 7 debt discharge.
All 50 states →
Bankruptcy and Finance
Debt-to-Income Ratio Calculator
Calculate your debt-to-income ratio instantly. See where you stand for mortgages, auto loans, and credit applications with our free DTI calculator.
All 50 states →
Bankruptcy and Finance
Chapter 13 Payment Plan Calculator
Estimate your Chapter 13 bankruptcy payment plan. Calculate monthly payments based on disposable income, debt types, and plan duration with 2026 debt limits.
All 50 states →
Bankruptcy and Finance
Bankruptcy Exemption Calculator
Look up bankruptcy exemptions by state. Homestead, vehicle, wildcard, and personal property exemptions — federal vs. state systems compared.
All 50 states →
Bankruptcy and Finance
Medicaid Eligibility Calculator
Check Medicaid eligibility by state. Income limits, asset limits, CSRA for community spouses, and countable vs non-countable assets for long-term care Medicaid.
All 50 states →
Bankruptcy and Finance
Medicaid Look-Back Period Calculator
Calculate Medicaid look-back penalties for asset transfers. 60-month look-back window, state penalty divisor rates, exempt transfers, and cure strategies.
All 50 states →
Bankruptcy and Finance
Long-Term Care Cost Calculator
Compare long-term care costs by state. Nursing home, assisted living, home health aide, and adult day care costs with payment strategies and planning guidance.
All 50 states →
Bankruptcy Data by State
Bankruptcy FAQ
What is the Chapter 7 means test?
The means test determines Chapter 7 eligibility by comparing your income to your state median. If your income is below the median, you automatically qualify. If above, you must complete a detailed income and expense calculation. Median incomes range from roughly $50,000-$110,000 depending on household size and state.
How does a Chapter 13 payment plan work?
Chapter 13 allows you to repay debts over 3-5 years through a court-approved plan. Your monthly payment is based on disposable income after allowed expenses. Priority debts (taxes, alimony, child support) are paid in full. Unsecured creditors receive what's left — sometimes pennies on the dollar.
What assets can I keep in bankruptcy?
Federal and state exemptions protect certain assets from creditors. Common exemptions include homestead equity ($25,150 federal, up to unlimited in some states), vehicle equity ($4,000 federal), retirement accounts (fully protected in most cases), and household goods up to $625 per item. State exemptions often exceed federal amounts.
What is the Medicaid look-back period?
Medicaid's 60-month look-back period reviews asset transfers made within 5 years of applying for long-term care benefits. Transfers below fair market value trigger a penalty period during which Medicaid will not pay for nursing home care. Gifts to children and most asset transfers are subject to this rule.
Important: This tool provides educational estimates only — not legal advice. Made For Law is not a law firm and is not affiliated with, endorsed by, or connected to any federal, state, county, or local government agency or court system. Calculator results are based on statutory formulas and publicly available fee schedules — not AI. Supporting content is AI-assisted and editorially reviewed. Results may not reflect recent legislative changes or your specific circumstances. Do not rely solely on these estimates — always verify with official sources and consult a licensed attorney before making legal or financial decisions. Full disclaimer