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The median income information is used by the bankruptcy court when determining whether or not an individual qualifies for relief under chapter 7 of the Bankruptcy Code, and also is used in determining the applicable commitment period for payment plans filed under chapter 13.

In most respects, filing for bankruptcy in Idaho isn't different from filing in another state. The bankruptcy process falls under federal law, not Idaho state law, and works by unwinding the contracts between you and your creditors. That's what gives you a fresh start.

While it may feel odd to pay fees to tell the courts you don't have enough money, you typically have to pay court fees to file for bankruptcy. The filing fee for a Chapter 7 bankruptcy is $338, while the filing fee for a Chapter 13 bankruptcy is $313.

Personal Property Exemptions Idaho Code § 11-605 exempts appliances, furnishings, books, clothing, pets, musical instruments, one firearm, family portraits, and sentimental heirlooms to $750 per item with a total of $7,500. Idaho Code § 11-605(2) exempts jewelry up to $1,000.

If your total monthly income over the course of the next 60 months is less than $7,475 then you pass the means test and you may file a Chapter 7 bankruptcy. If it is over $12,475 then you fail the means test and don't have the option of filing Chapter 7.

In Idaho, Chapter 7 filings are subject to a non-waivable $335 filing fee, though in certain situations you may be able to pay it in installments. The fee for filing for Chapter 13 bankruptcy is $310 and must be paid in full at once.