Changes in bankruptcy allowances.

Its that time of year again when the Bankruptcy Courts update the bankruptcy allowances. Below are the changes for this year. These changes are effective as of May 1, 2019.

New Ohio Median Income Allowances

Period1 person2 people 3 people 4 people 5 people 6 people 7 People 8 people Additional people over 8
Year$49,624.00$62,308.00$74,969.00$89,454.00$98,454.00$107,454.00$116,454.00$125,454.00$9,000.00 per
additional person
6 Months$24,812.00$31,154.00$37,485.00$44,727.00$49,227.00$53,727.00$58,227.00$62,727.00$4,500.00 per additional person
Monthly$4,135.00$5,192.00$6,247.00$7,455.00$8,205.00$9,705.00$9,705.00$10,455.00$750.00 per additional person
Semi Montly$2,068.00$2,596.00$3,124.00$3,727.00$4,102.00$4,477.00$4,852.00$5,227.00$375.00 per additional person
Bi Weekly$1,909.00$2,396.00$2,883.00$3,441.00$3,787.00$4,133.00$4,479.00$4,825.00$346.00 per additional person
Weekly $954.00$1,198.00$1,442.00$1,720.00$1,893.00$2,066.00$2,240.00$2,413.00$173.00 per additional person

New National Living Allowances

Type1 Person2 People3 People 4 People5 People6 People 7 People8 PeopleAdditional Person
Food$386.00 $685.00$786.00$958.00$1,182.00$1,407.00$1,632.00$1,857.00$282.00 per
additional person
Housekeeping$40.00$72.00$76.00$76.00$93.00$111.00$129.00$147.00$0.00 per
additional person
Apparel$88.00$159.00$169.00$243.00$301.00$358.00$358.00$415.00$0.00 per
additional person
Personal Care$43.00$70.00$76.00$91.00$112.00$133.00$155.00$176.00$0.00 per
additional person
Miscellaneous$170.00$302.00$339.00$418.00$518.00$617.00$715.00$814.00$138.00 per additional person
Total $727.00$1,288.00$1,446.00$1,786.00$2,206.00$2,626.00$3,046.00$3,466.00$420.00 per
additional person

New National Health Allowances

Allowance
Under Age 65Age 65 & Over
$55.00$114.00

New Local Housing Allowances

  Allowance
CountyFIPSType1 Person2 People3 People 4 People 5 People
Hancock39063Utility$498.00$584.00$616.00$687.00$698.00
Mortgage$748.00$879.00$926.00$1,032.00$1,049.00
Total$1,246.00$1,463.00$1,542.00$1,719.00$1,747.00
Henry39069Utility$505.00$593.00$625.00$697.00$708.00
Mortgage$685.00$805.00$848.00$945.00$961.00
Total$1,190.00$1398.00$1,473.00$1,642.00$1,669.00
Sandusky39143Utility$485.00$570.00$600.00$669.00$680.00
Mortgage$659.00$774.00$816.00$910.00$924.00
Total$1,144.00$1,344.00$1,416.00$1,579.00$1,604.00
Wood39173Utility$489.00$575.00$606.00$675.00$686.00
Mortgage$905.00$1,062.00$1,119.00$1,248.00$1,268.00
Total$1,394.00$1,637.00$1,725.00$1,923.00$1,954.00

and finally the

New National Ownership and Local Operating Transportation Allowances.

   Allowance
CountyRegionTypeNo Car1 Car2 Car
Other OH CountiesMWOperating$217.00$191.00$382.00
Ownership$508.00$1,016.00
Total$217.00$699.00$1,398.00

If you think bankruptcy may be in your best interest, and need to stop a garnishment, creditor harassment, collection phone calls, foreclosure, repossession, or just need to get ahead of your debt please give us a call today at 419-352-2535 to set up a free consultation.

The bankruptcy attorneys at Spitler Huffman law firm have substantial experience representing clients in Chapter 7 and Chapter 13 bankruptcy .  Located in Bowling Green and Rossford, Ohio we are dedicated to serving clients in Northwest Ohio including Wood, Henry, Hancock, and Sandusky Counties.  If you live in Bowling Green, Findlay, Perrysburg, Napoleon, Port Clinton, Fremont, Rossford, or other areas in Northwest Ohio and need bankruptcy assistance, contact us today.