Go Online to do your Credit Counseling and Gather up your Documents.
It costs $335.00 to file a chapter 7 and $310.00 to file a chapter 13, whether for one person or a married couple. The court may allow you to pay this filing fee in installments if you cannot pay it all at once. If you hire Woodruff Law office you may also have to pay attorney’s fees.
You must receive credit counseling from an approved credit counseling agency within 180 days before your bankruptcy case is filed. You can complete pre-filing and pre-discharge credit counseling online through Debtorcc.org. The cost for completing a credit counseling course is $14.95 for pre-filing and $9.95 for pre-discharge.
For individual debtors, Georgia bankruptcy exemptions include:
- $21,500 in equity in your home;
- $5,000 in equity in your car;
- $300 per item in any household goods up to a total of $5,000;
- $2,000 in things you need for your job (tools, books, etc.);
- $1,200 in any property, plus part of the unused exemption in your home, up to $10,000;
- Your right to receive certain benefits such as Social Security, unemployment compensation, veteran’s benefits, public assistance, and pensions – regardless of the amount.
In most cases you will not lose your home or car during your bankruptcy case as long as your equity in the property is fully exempt. Even if your property is not fully exempt, you will be able to keep it, if you pay its non-exempt value to creditors in chapter 13.
When you have done your pre-filing credit counseling and gathered up your documents, call Woodruff Law offices at 770-565-7924 to make the appropriate appointment.