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Bankruptcy

Question 2 • TX-Personal Financial Literacy and Economics

Marcus earns $2,000/month to support his family of three. His family’s living expenses combined with medical and credit card bills now exceed his monthly income. Marcus [___] pass the means test.

Answer
A
may not
B
may

Explanation

The means test considers whether a person’s income is sufficient to cover allowable living expenses and debt obligations. Since Marcus’s family expenses, medical bills, and credit card bills exceed his $2,000 monthly income, he may pass the means test. The correct choice is “may.”

AI-written and checked against the verified answer.

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