Answer :
To determine the eligibility for filing Chapter 7 bankruptcy for a family of 2 with a monthly income of [tex]$4,650, we need to compare their annual income with the 2-person income limits in the given states: Florida, Georgia, Missouri, Texas, and Virginia.
First, we calculate the family's annual income:
\[
\text{{Monthly income}} = \$[/tex]4,650
\]
[tex]\[ \text{{Annual income}} = \$4,650 \times 12 = \$55,800 \][/tex]
Let's now compare this annual income with the 2-person income limits for each state:
- Florida: The 2-person income limit is [tex]$52,259. \[ \$[/tex]55,800 > \[tex]$52,259 \] The family does not qualify in Florida. - Georgia: The 2-person income limit is $[/tex]55,258.
[tex]\[ \$55,800 > \$55,258 \][/tex]
The family does not qualify in Georgia.
- Missouri: Although the table provides data for Missouri, it is not part of any of the answer choices, so we will skip this state.
- Texas: The 2-person income limit is [tex]$55,859. \[ \$[/tex]55,800 < \[tex]$55,859 \] The family qualifies in Texas. - Virginia: The 2-person income limit is $[/tex]65,122.
[tex]\[ \$55,800 < \$65,122 \][/tex]
The family qualifies in Virginia.
Based on the comparisons, the family qualifies for Chapter 7 bankruptcy in Texas and Virginia. Thus, the best answer from the choices provided is:
[tex]\[ \boxed{d} \][/tex]
\]
[tex]\[ \text{{Annual income}} = \$4,650 \times 12 = \$55,800 \][/tex]
Let's now compare this annual income with the 2-person income limits for each state:
- Florida: The 2-person income limit is [tex]$52,259. \[ \$[/tex]55,800 > \[tex]$52,259 \] The family does not qualify in Florida. - Georgia: The 2-person income limit is $[/tex]55,258.
[tex]\[ \$55,800 > \$55,258 \][/tex]
The family does not qualify in Georgia.
- Missouri: Although the table provides data for Missouri, it is not part of any of the answer choices, so we will skip this state.
- Texas: The 2-person income limit is [tex]$55,859. \[ \$[/tex]55,800 < \[tex]$55,859 \] The family qualifies in Texas. - Virginia: The 2-person income limit is $[/tex]65,122.
[tex]\[ \$55,800 < \$65,122 \][/tex]
The family qualifies in Virginia.
Based on the comparisons, the family qualifies for Chapter 7 bankruptcy in Texas and Virginia. Thus, the best answer from the choices provided is:
[tex]\[ \boxed{d} \][/tex]