The references to Georgia statutes are to the Official Code of Georgia Annotated.
| Georgia Bankruptcy Exemptions |
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| Assets |
Exemption |
State Statute |
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| Homestead |
Real or personal property used
as a residence by the debtor or debtor's dependent, including a cooperative:
up to $10,000 for a single person; up to $20,000 for a married person,
whether or not the spouse is also filing for bankruptcy. |
44-13-100(a)(1); |
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Unused portion of homestead
exemption can be used for any property. |
44-13-100(a)(6) |
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| Insurance |
Benefits from a fraternal
benefit society: all. |
33-15-62 |
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Life insurance proceeds/avails:
all. |
33-25-11; 33-26-5 |
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Benefits from annuity or
endowment contract: all. |
33-28-7 |
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Heath and disability benefits:
up to $250 per month. |
33-29-15 |
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Group insurance: all. |
33-30-10 |
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Life insurance contract
(unmatured): all. |
44-13-100(a)(8) |
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Life insurance (unmatured)
dividends/interest/loan value/cash value: up to $2,000 if the beneficiary is
the debtor or someone the debtor depends on. |
44-13-100(a)(9) |
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Life insurance policy proceeds:
all necessary for support if the policy is owned by someone the debtor
depends on for support. |
44-13-100(a)(11)(C) |
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| Miscellaneous |
Child support and alimony: all
necessary for support. |
44-13-100(a)(2)(D) |
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| Pensions |
Federal pensions exemptions. |
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IRAs and ERISA-qualified
benefits: all. |
18-4-22 |
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Other pensions: all necessary
for support. |
18-4-22; 44-13-100(a)(2)(E); 44-13-100(a)(2.1)(C) |
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Payments for IRA: all necessary
for support. |
44-13-100(a)(2)(F) |
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Public employee pensions: all. |
44-13-100(a)(2.1)(A); 47-2-332 |
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Pensions for employees of
nonprofit corporations: all. |
44-13-100(a)(2.1)(B) |
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| Personal Property |
Burial plots for debtor and
dependents: up to unused homestead exemption. |
44-13-100(a)(1) |
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Motor vehicles: up to $3,500. |
44-13-100(a)(3) |
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Household goods, appliances,
furnishings, musical instruments, books, clothing, animals, and crops: up to
$300 per item; up to $5,000 total. |
44-13-100(a)(4) |
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Jewelry: up to $500. |
44-13-100(a)(5) |
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Health aids: all professionally
prescribed for the debtor and the debtor's dependents. |
44-13-100(a)(10) |
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Recoveries for wrongful death:
all necessary for support. |
44-13-100(a)(11)(B) |
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Recoveries for personal injury:
up to $10,000. |
44-13-100(a)(11)(D) |
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Lost future earnings
compensation: all necessary for support up to $7,500. |
44-13-100(a)(11)(E) |
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| Public Benefits |
Workers' compensation benefits:
all. |
34-9-84 |
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Local public assistance
benefits: all. |
44-13-100(a)(2)(A) |
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Social Security benefits: all. |
44-13-100(a)(2)(A) |
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Unemployment compensation
benefits: all. |
44-13-100(a)(2)(A) |
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Veterans' benefits: all. |
44-13-100(a)(2)(B) |
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Crime victims' compensation
benefits: all. |
44-13-100(a)(11)(A) |
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Old age assistance benefits:
all. |
49-4-35 |
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Aid to blind benefits: all. |
49-4-58 |
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Aid to disabled benefits: all. |
49-4-84 |
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| Tools of Your Trade |
Tools of trade, including tools,
implements, and books: up to $1,500. |
44-13-100(a)(7) |
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| Wages |
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18-4-20; 18-4-21 |
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| Wildcard |
Any property: up to $600. |
44-13-100(a)(6) |
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Any property: unused homestead
exemption up to $5,000. |
44-13-100(a)(6) |
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