Wesley lives in Washington and makes $56,500 a year. If the median annual income is $58,078 in Washington and $50,233 in the United States as a whole, is Wesley likely to qualify for Chapter 7 bankruptcy?

By: USER7393
28 Agustus 2025 business 5 minutes
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Question

Grade: Education Subject: business
Wesley lives in Washington and makes $56,500 a year. If the median annual income is $58,078 in Washington and $50,233 in the United States as a whole, is Wesley likely to qualify for Chapter 7 bankruptcy?

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Best Answer
(101)

Wesley is likely to file for bankruptcy because his salary is below the median annual income.

Answered on 28 Agustus 2025
(162)

Answer:

Yes, Wesley is likely to qualify, because his yearly income is below the median annual income of Washington

Explanation:

Answered on 28 Agustus 2025

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