Bankruptcy Exemptions — Douglasville Georgia Lawyers

Understanding Your Exemptions in Bankruptcy

If you are considering filing bankruptcy, you may wonder what property you can keep. Georgia law allows people filing Chapter 7 bankruptcy to keep their property. This property is called exempt property. Each situation is different and depends on individual circumstances. You want an experienced bankruptcy attorney to help you understand your rights and your opportunities.

Questions About Bankruptcy Exemptions? We Can Help.

At Gingold & Gingold LLC, we are among the most experienced bankruptcy attorneys in the Atlanta metro area. Attorney Ira D. Gingold has been a Court-appointed Bankruptcy Trustee from 1971-2013 and lawyer since 1971. Jamie L. Gingold has been an attorney since 2001 and has an extensive background in bankruptcy, real estate and corporate law. We offer personal service, with one of our attorneys working directly with you throughout the process. Because of our considerable experience, we are able to assist you with even the most complex bankruptcy matters.

We offer a free initial consultation at one of our five offices: Atlanta, Cumming, Dallas, and Douglasville. To set up an appointment, call us at (404) 685-8800 or e-mail us.

Bankruptcy Exemptions

When you file a Chapter 7 bankruptcy, you are allowed to permanently discharge, or wipe out, debts and keep certain assets. The assets you may keep are determined by state law and usually include your home, a motor vehicle and retirement plans. You can protect some personal property as well. Our attorneys will carefully explain what you can keep, so that you can decide whether Chapter 7 is right for you.

Chapter 13 bankruptcy does not require the sale of your property if you can keep your payments current. In most cases, Chapter 13 will stop foreclosure on your house and repossession of your car.

Contact Gingold & Gingold LLC

To schedule an appointment in our offices, call us at (404) 685-8800 or e-mail us. Evening and Saturday consultations are available upon request. We provide convenient office locations across the Atlanta metro area.