Release Notes – April 1, 2022

| Release Notes

The Census Bureau’s Median Family Income Data are revised effective April 1, 2022. Users can view the new figures in the program by changing the anticipated filing date to April 1 or later on the General tab in Form 122A-C.

Visit the U.S. Trustee’s Means Testing website for more information regarding the revisions.

Chapter 13 Plans

  • Southern District of Florida – revised April 2022

Federal Forms

  • Form 106C – Schedule C: The Property You Claim as Exempt – revised April 2022
  • Form 107 – Statement of Financial Affairs for Individuals Filing for Bankruptcy – revised April 2022
  • Form 122A-2 Chapter 7 Means Test Calculation – revised April 2022
  • Form 122C-2 Chapter 13 Calculation of Your Disposable Income – revised April 2022
  • Form 201 – Voluntary Petition for Non-Individuals Filing for Bankruptcy – revised April 2022
  • Form 207 – Statement of Financial Affairs – revised April 2022
  • Form 410 Proof of Claim – revised April 2022
  • Form 2830 Chapter 13 Debtor’s Certifications Regarding Domestic Support Obligations and Section 522(Q) – revised April 2022
  • Form B2000 – Required Lists, Schedules, Statements and Fees (Chapters 7, 11,12, and 13) – revised April 2022

Exemptions

  • Federal 
    • Real property or personal property used as residence 11 U.S.C. § 522(d)(1) increased from $25,150.00 to $27,900.00 – revised April 2022
    • Motor vehicle 11 U.S.C. § 522(d)(2) increased from $4,000.00 to $4,450.00 – revised April 2022
    • Household goods and furnishings, wearing apparel, appliances, books, animals, crops, or musical instruments 11 U.S.C. § 522(d)(3) per item limit increased from $625.00 to $700.00 total limit increased from $13.00 to $14,875.00 – revised April 2022
    • Jewelry 11 U.S.C. § 522(d)(4) increased from $1,700.00 to $1,875.00 – revised April 2022
    • Wildcard/unused homestead 11 U.S.C. § 522(d)(5) wildcard base increased from $1,325.00 to $1,475.00 unused homestead increased from $12,575.00 to $13.950.00 – revised April 2022
    • Tools of the trade 11 U.S.C. § 522(d)(6) increased from $2,525.00 to $2,800.00 – revised April 2022
    • Life insurance with loan value, accrued dividend, or interest 11 U.S.C. § 522(d)(8) increased from $13,400.00 to $14,875.00 – revised April 2022
    • Personal injury compensation payments 11 U.S.C. § 522(d)(11)(D) increased from $25,150.00 to $27, 900.00 – revised April 2022
  • District of Ohio
    • Exempted Property Ohio Rev. Code Ann. § 2329.66(A)(1)(a) increased from $145,425.00 to $161,375.00 – revised April 2022
    • Personal Residence Ohio Rev. Code Ann. § 2329.66(A)(1)(a) increased from $145,425.00 to $161,375.00 – revised April 2022
    • One Motor Vehicle Ohio Rev. Code Ann. § 2329.66(A)(2) increased from $4,000.00 to $4,500.00 – revised April 2022
    • Cash Ohio Rev. Code Ann. § 2329.66(A)(3) increased from $500.00 to $550.00 – revised April 2022
    • Household Items – Individual Items Ohio Rev. Code Ann. § 2329.66(A)(4)(a) increased from $625.00 to $700.00 – revised April 2022
    • Household Items – Aggregated Items Ohio Rev. Code Ann. § 2329.66(A)(4)(a) increased from $13,400.00 to $14,875.00 – revised April 2022
    • Jewelry Ohio Rev. Code Ann. § 2329.66(A)(4)(b) increased from $1,700.00 to $1,875.00 – revised April 2022
    • Professional Books or Trade Tools Ohio Rev. Code Ann. § 2329.66(A)(5) increased from $2,550.00 to $2,825.00 – revised April 2022
    • Award for Bodily Injury Ohio Rev. Code Ann. § 2329.66(A)(12)(c) increased from $25,175.00 to $27,950.00 – revised April 2022
    • Aggregated Property Ohio Rev. Code Ann. § 2329.66(A)(18) increased from $1,325.00 to $1,475.00 – revised April 2022

Minor anomalies that have been reported to CINcompass Support have been fixed as of this release.