Bankruptcy    Information
Thank You For Visiting Free Bankruptcy Information

Georgia Bankruptcy Exemptions

Federal Supplemental Exemptions can be used in conjunction with your Georgia exemptions and can be viewed here.

In Georgia, you may choose to use the Federal Exemption set instead of your state exemptions.

You may also want to visit your local federal bankruptcy court web site:

Also see Georgia bankruptcy forms.

ASSET

EXEMPTION DESCRIPTION

LAW SECTION
(Official Code of Georgia Annotated)

HOMESTEAD

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)

INSURANCE

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)

MISC.

Alimony, child support needed for support

44-13-100(a)(2)(D)

PENSIONS 

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)

PERSONAL PROPERTY

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)

PUBLIC BENEFITS

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

TOOLS OF TRADE

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

WILD CARD

$400 of any property

44-13-100(a)(6)

 

Unused portion of homestead exemption, of any property

44-13-100(a)(6)