By Jeff Field | Published September 5, 2023 | Posted in Bankruptcy | Tagged Tags: debtor, equity, homestead exemption, trustee | Leave a comment
Using the Georgia Homestead Exemption Effectively in Bankruptcy
Bankruptcy provides a fresh financial start for people faced with insurmountable debt. Although the bankruptcy trustee has authority to seize and sell the debtor’s assets to pay off creditors, there are federal and state laws that allow debtors to keep certain property or its equivalent value. These are called exemptions, and one of the most Read More
Read MoreWhat Property Is Exempt from Liquidation in a Georgia Bankruptcy?
When someone files for a bankruptcy in Georgia, the court will appoint a trustee who has the power to gather up the debtor’s assets, liquidate them and use the proceeds to partially pay off creditors. However, under state and federal laws, certain property is exempt from the bankruptcy process up to a certain dollar amount Read More
Read MoreWill I Lose Everything I Own if I Declare Bankruptcy?
Many people fear going into bankruptcy because they believe that they will lose everything they own and be out on the street relying on the charity of strangers. It isn’t that bad. It is important to remember that the purpose of a bankruptcy proceeding is to help you wipe the slate clean and move forward Read More
Read More
-
5.0/5.0Thank you Field and Associates for the ease and the professional advice and filing of my bankruptcy. I will recommend you to all family and friends that find them selves in the same position I was in.
-
5.0/5.0
Super nice! Someone always answers when you call and get things done in a timely manner. Will recommend.
-
5.0/5.0
Jeff Field and Associates have been fantastic. From Chris to Casey and also Jeff. Grateful for their guidance during this time!
-
5.0/5.0
Jeff Fields and Associates are great bankruptcy attorneys.They made the process for me stress free, I would definitely recommend this firm❤️❤️❤️
-
5.0/5.0
These guys, especially Laura, put in over and above to help finish my case!
Please fill out the form below and one of our attorneys will contact you.
