Americans are earning less money today than they did eight months ago, according to the U.S. Trustee program of the United States Department of Justice.

In order to ascertain whether a person or couple qualifies for Chapter 7, bankruptcy attorneys refer to the latest median income figures published by the U.S. Trustee.  Usually, on average, these figures go up every time they are published. However, the latest figures tell an unfortunate story-the U.S. economy is continuing to contract.

Although Colorado had a slight increase of 1.04% in median income, the country’s average, as a whole, has declined for the period of March 15, 2009 to November 1, 2009.New Hampshire and Oregon are reported to have the worst decrease in median income, while Alaska and Nebraska have had the greatest increases in median income.

If you live in Denver, Aurora, Arvada, Brighton, Broomfield, Commerce City, Englewood, Highlands Ranch, Lakewood, Lafayette, Littleton, Northglenn, Westminster, Wheat Ridge, or Golden, Colorado, please feel free to contact me with any questions.

Kevin D. Heupel, Colorado Bankruptcy lawyer, 303-955-7570, COBankruptcyHelpEmail, free-consultation form.