Chapter 7 bankruptcy Georgia
Chapter 7 Bankruptcy in Georgia
Straightforward debt relief for a fresh start—clear guidance on eligibility, exemptions, and what you can keep.
Who Chapter 7 Helps
- Households overwhelmed by credit cards, medical bills, or personal loans.
- People facing lawsuits, wage garnishments, or debt collection pressure.
- Clients with limited disposable income who may qualify under the means test.
- Those seeking the fastest path to discharge of many unsecured debts.
What It Can Wipe Out
- Credit card balances and personal loans.
- Medical bills and old utility balances.
- Most unsecured judgments and deficiency balances after repossession.
- Some older tax debts may be dischargeable—case by case.
Certain debts are not dischargeable (e.g., child support, many student loans, some taxes). We’ll map your debts precisely.
What You Can Keep
Georgia uses state exemption rules. Many clients keep essential property such as a portion of home equity, vehicles, household goods, and retirement accounts. We’ll apply Georgia exemptions to your assets and confirm protections before filing.
How Chapter 7 Works
- Consult & Plan: Review goals, eligibility, and timing.
- Documents & Means Test: We compile financials and confirm qualification.
- File the Case: The automatic stay usually pauses most collections.
- 341 Meeting: A brief trustee meeting; we prepare you fully.
- Discharge: Many unsecured debts are eliminated in several months.
Timeline & Costs
Typical Chapter 7 cases run several months. We offer clear, flat-fee options and discuss the court filing fee and payment arrangements up front.
Chapter 7 FAQs
Will I qualify under the means test?
We calculate income, household size, and allowable expenses to determine eligibility and timing strategies.
Will I lose my car or household items?
Most clients keep essential property using Georgia exemptions. We confirm exactly what applies to you.
What happens to collections after filing?
The automatic stay generally pauses garnishments, lawsuits, and most collection activity.