Search Site
Menu
Specialized Forms of Bankruptcy in Georgia

The three most common types of bankruptcy — Chapter 7, Chapter 13 and Chapter 11 — account for nearly all business and personal bankruptcy filings in Georgia and the rest of the United States. There are also several other types of bankruptcy available under the U.S. Bankruptcy Code that are less commonly used, but they do make an interesting topic for discussion.

Federal bankruptcy law provides three additional types of bankruptcy — Chapter 9, Chapter 12 and Chapter 15 — for highly specialized circumstances:

  • Chapter 9 — This is the least common form of bankruptcy, with only 20 cases having been filed in the entire country between March 2012 and 2013. Chapter 9 is the procedure by which financially troubled cities, townships and boroughs can reorganize their debts. Despite their rarity, two such cases were filed in the Southern District of Georgia during the same period.
  • Chapter 12 — Chapter 12 is similar in many respects to Chapter 13, but it is limited to family farmers and fisheries. There were 463 such cases filed between March 2012 and March 2013. Of these, 28 occurred across Georgia’s three bankruptcy court districts.
  • Chapter 15 — Chapter 15 is the newest form of bankruptcy, having only been established in 2005. This Chapter covers international bankruptcy and ancillary proceedings in the United States related to insolvency proceedings in other countries. There were only 64 such cases filed during the 12 months ending in March 2013, none of which were in Georgia.

The federal bankruptcy code is rife with complexities that can be intimidating to anyone — from average consumers to seasoned businesspeople. Our experienced bankruptcy attorneys at Jeff Field & Associates take the time to acquaint our clients with the process and collaborate with them to create a plan that addresses their goals, concerns and circumstances.

Leave a Reply

Your email address will not be published. Required fields are marked *

Videos
Our Attorneys
Client Reviews
  • lawyers
    5.0/5.0

    Having Mr. Field handle my case made a difficult experience pleasant under the circumstances. Every call was either answered immediately or I received a call back shortly. Casey Brown was very helpful and knowledgeable .I can't thank Mr. Field enough...

    Read more

    Client

  • lawyers
    5.0/5.0

    Jeff Field is a wonderful lawyer, took the worry out of my case. Would recommend they handled my chapter 7 perfectly!!!!!!!

    Read more

    Client

  • lawyers
    5.0/5.0

    I was hesitant about going through bankruptcy but decided to anyways. I contacted another law office and started the process but was told I wouldn’t qualify for Chaptet 7 which I knew was inaccurate. I decided to contact Jeff Fields office and in...

    Read more

    Client

  • lawyers
    5.0/5.0

    Jeff Field and his wonderful team were just awesome through out the entire process beginning to end! My husband and I can truly say (Jeff, Chris and Casey) very Professional, Knowledgible and kind. We thank you from the bottom of our hearts! ...

    Read more

    Client

  • lawyers
    5.0/5.0

    Even contemplating bankruptcy was very difficult for me, so when I met with Matt Nash, I was already overwhelmed. He was kind, incredibly knowledgeable, and patient when explaining my options. Every step was explained, every call answered, and every ...

    Read more

    Client

See all reviews
Contact us

Please fill out the form below and one of our attorneys will contact you.

Quick Contact Form