current monthly income
- A debtor's average gross income per month, calculated over the six months prior to filing for bankruptcy, as outlined in the 2005 amendments to bankruptcy law
- The bankruptcy court used her current monthly income to decide if she was eligible for Chapter 7 bankruptcy.
- His current monthly income, despite the recent loss of his job, was too high for him to file for bankruptcy.
- Their current monthly income will determine if they can file for bankruptcy or not.