“Disposable income”

This page presents an official legal definition of “Disposable income” from a government source. Additional definitions will be added as jurisdictions publish them.

Jurisdiction: United States United States

Income not reasonably necessary for the maintenance or support of the debtor or dependents. If the debtor operates a business, disposable income is defined as those amounts over and above what is necessary for the payment of ordinary operating expenses.

Source: Glossary of Legal Terms, United States Courts