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Filing Bankruptcy in Georgia - Bankruptcy Laws Georgia -
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Georgia Bankruptcy Exemptions

 

Homestead

$10,000 (up to $20,000 if married whether the spouse is filing or not)

Jewelry

$500

Professional health aids

Household furnishings and goods, wearing apparel, appliances, books, animals, crops, or musical instruments that are primarily for personal family or household use not to exceed $300.00 in value in each item but not to exceed $5,000.00 in aggregate value

$5,000

Motor vehicle

$3,500

Tools of trade

$1,500

 


NOTE: These are the major bankruptcy exemptions.
Check with your bankruptcy lawyer for a full exemptions list.

 

 

 

 

 

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