By Jeff Field | Published July 20, 2026 | Posted in Bankruptcy | Tagged Tags: chapter 13, chapter 7, homeowners, homestead | Leave a comment
How Georgia’s New Homestead Exemption Affects Bankruptcy Strategy
Georgia homeowners considering bankruptcy relief have an important new advantage. A major increase in the state’s homestead exemption should allow more people to keep their homes in Chapter 7 bankruptcy while also improving the outcome for many Chapter 13 filers. A state law that took effect July 1, 2026 more than doubled Georgia’s homestead exemption, Read More
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Can You Keep Your Cell Phone if You File for Bankruptcy?
For must of us, our cell phone is an essential part of our daily lives. Even if we wish we spent a little less time checking them, these devices keep us in touch with others, while also providing information and entertainment. When someone is facing severe financial hardship, they might want to eliminate their nonexempt Read More
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What Property Can You Keep When You File for Bankruptcy?
The myth that you lose everything if you file for bankruptcy is exactly that, a myth. In reality, bankruptcy filers in Georgia usually get to keep most or all of their important items by declaring them exempt from creditors under state law. If an item qualifies for an exemption, the item cannot be taken by Read More
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