Bankruptcy in Georgia
Bankruptcy Information For Georgia
If you are filing for Bankruptcy in Georgia you will will have an opportunity to get rid of some of your debts. However, it will not clear all debts. Below is a list of debts you are still responsible for:
As a consumer, you can file for bankruptcy in Georgia under either:
Chapter 7 to clear all debts except those that do not qualify, and get a quick start, or file for Chapter 13 and set up a repayment plan paying your debtors back over time.
Bankruptcy forms Georgia
Bankruptcy forms
Georgia bankruptcy courts
Georgia Exemptions
Real or personal property, including co-op, used as residence to $5,000; unused portion of homestead may be applied to any property
44-13-100(a)(1)
Annuity and endowment contract benefits
33-28-7
Disability or health benefits to $250 per month
33-29-15
Fraternal benefit society benefits
33-15-20
Group insurance
33-30-10
Industrial life insurance if policy owned by someone you depend on, needed for support
33-26-5
Life insurance proceeds if policy owned by someone you depended on, needed for support
44-13-100(a)(11)(C)
Unmatured life insurance contract
44-13-100(a)(8)
Unmatured life insurance dividends, interest, loan value or cash value to $2,000 if beneficiary is you or someone you depend on
44-13-100(a)(9)
Alimony, child support needed for support
44-13-100(a)(2)(D)
Employees of non-profit corporations
44-13-100(a)(2.1)(B)
ERISA-qualified benefits
18-4-22
Public employees
44-13-100(a)(2.1)(A),
47-2-332
Other pensions needed for support
18-4-22,
44-13-100 (a)(2)(E),
44-13-100(a)(2.1)(C)
Animals, crops, clothing, appliances, books, furnishings, household goods, musical instruments to $200 per item, $3,500 total
44-13-100(a)(4)
Burial plot, in lieu of homestead
44-13-100(a)(1)
Health aids
44-13-100(a)(10)
Jewelry to $500
44-13-100(a)(5)
Lost future earnings needed for support
44-13-100(a)(11)(E)
Motor vehicles to $1,000
44-13-100(a)(3)
Personal injury recoveries to $7,500
44-13-100(a)(11)(C)
Wrongful death recoveries needed for support
44-13-100(a)(11)(B)
Aid to blind
49-4-58
Aid to disabled
49-4-84
Crime victims’ compensation
44-13-100(a)(11)(A)
Local public assistance
44-13-100(a)(2)(A)
Old age assistance
49-4-35
Social security
44-13-100(a)(2)(A)
Unemployment compensation
44-13-100(a)(2)(A)
Veterans’ benefits
44-13-100(a)(2)(B)
Workers’ compensation
34-9-84
Implements, books and tool of trade to $500
44-13-100(a)(7)
WAGES
Minimum 75% of earned but unpaid wages for private and federal workers; bankruptcy judge may authorize more for low-income debtors
18-4-20, 18-4-21
44-13-100(a)(6)
Unused portion of homestead exemption, of any property
44-13-100(a)(6)
