Bankruptcy law does not set a single nationwide "maximum income" that cuts you off from relief. Instead, it asks a more ...
In a Chapter 7 bankruptcy, creditors can seize certain assets to repay the debts you owe. However, exceptions allow debtors to retain some of their assets (or at least part of the asset’s value).
Income limits vary by bankruptcy type, state, and household size, but they're typically higher than people expect.