By Jeff Field | Published August 31, 2026 | Posted in Chapter 7 | Tagged Tags: bankruptcy, homestead exemption, wildcard exemption | Leave a comment
When people think about declaring bankruptcy, they might worry they’ll lose everything to creditors. In reality, there are Georgia laws that exempt much of the property you rely on every day: your home, your car, your household items and your retirement savings. For most Georgians filing a Chapter 7 bankruptcy, these exemptions cover all or Read More
Read MoreBankruptcy is designed to give troubled debtors a fresh start. One of the ways it does that is by allowing debtors to hold onto some of their most valued and necessary possessions. Known as exempt assets, they are not included in the bankruptcy estate and cannot be sold or repossessed by a lender to cover Read More
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