Georgia Bankruptcy Exemptions

Georgia is an opt-out state, meaning debtors domiciled in Georgia generally must use the exemptions in O.C.G.A. § 44-13-100 rather than the federal list in 11 U.S.C. § 522(d) for a chapter 7 or chapter 13 case. Separate non-bankruptcy federal protections (for example, Social Security benefits) can still apply in addition to Georgia’s list. The chart below consolidates major Georgia exemptions and related statutes (current as of 2024 code text).

Full Georgia Exemption Reference

Below is a unified table listing key exemptions under O.C.G.A. § 44-13-100 and related statutes. If amounts vary among sources, consult the most recent version of the O.C.G.A. or a Georgia bankruptcy attorney for up-to-date figures.

Asset / CategoryExemption DescriptionO.C.G.A. / Code SectionNotes
HomesteadReal property (or a cooperative) used as a residence: up to $21,500 (single); $43,000 if title is in one spouse who is a debtor. May claim a burial plot in lieu of homestead.
Up to $10,000 of any unused homestead exemption may be applied to other property via the wildcard.
44-13-100(a)(1)Titling matters for the $43,000 amount (title in one of two spouses who is a debtor).
Motor VehicleUp to $5,000 equity44-13-100(a)(3)Consider combining with wildcard if equity exceeds $5,000.
Personal PropertyUp to $300 per item, $5,000 total. Covers animals, crops, clothing, household goods, appliances, books, furnishings, and musical instruments.44-13-100(a)(4)Per-item cap applies within the $5,000 aggregate.
Burial PlotIn lieu of homestead44-13-100(a)(1)
Health AidsFully exempt (medically necessary items)44-13-100(a)(10)
JewelryUp to $50044-13-100(a)(5)
Lost Future EarningsExempt to extent reasonably necessary for support44-13-100(a)(11)(E)
Personal Injury RecoveriesUp to $10,000 (excluding pain & suffering or actual pecuniary loss)44-13-100(a)(11)(D)Amounts above the cap can be protected to the extent needed for support under (a)(11)(E).
Wrongful DeathRecoveries to the extent needed for support44-13-100(a)(11)(B)
Insurance (Annuity & Endowment)Insurance-code protection for annuity/endowment proceeds (generally protected from attachment/garnishment for the beneficiary).33-28-7In bankruptcy, § 44-13-100 controls; insurance-code protections do not always expand bankruptcy exemptions. See cases interpreting interaction of 33-28-7 and 44-13-100.
Disability or Health BenefitsUp to $250 per month33-29-15
Fraternal Benefit Society BenefitsExempt33-15-20
Group InsuranceExempt33-30-10
Industrial Life InsuranceIf policy owned by someone you depend on, to extent needed for support33-26-5
Life Insurance ProceedsIf policy insured someone you depended on, protected to the extent needed for support44-13-100(a)(11)(C)
Unmatured Life Insurance ContractFully exempt (other than credit life)44-13-100(a)(8)
Unmatured Life Insurance Dividends, Loan/Cash ValueUp to $2,000 if beneficiary is you or a dependent44-13-100(a)(9)
Alimony, Child SupportTo extent needed for support44-13-100(a)(2)(D)Generally shielded from creditors.
Employees of Nonprofit CorporationsPension benefits44-13-100(a)(2.1)(B)
Public EmployeesState / local government pension benefits44-13-100(a)(2.1)(A), 47-2-332
ERISA-Qualified & IRA PaymentsPayments under pension/annuity/IRA plans are exempt to the extent reasonably necessary for support.44-13-100(a)(2)(E), (a)(2)(F), (a)(2.1)(C)Bankruptcy courts apply a “reasonably necessary for support” test.
Aid to BlindFully exempt49-4-58
Aid to DisabledFully exempt49-4-84
Crime Victims' CompensationFully exempt44-13-100(a)(11)(A)
Local Public AssistanceFully exempt44-13-100(a)(2)(A)
Old Age AssistanceFully exempt49-4-35
Social SecurityFully exempt44-13-100(a)(2)(A)Also protected by federal law.
Unemployment CompensationFully exempt44-13-100(a)(2)(A)
Veterans' BenefitsFully exempt44-13-100(a)(2)(B)
Workers' CompensationFully exempt34-9-84
Tools of TradeImplements and professional books up to $1,50044-13-100(a)(7)For professional or business use.
WagesLesser of 25% of disposable weekly earnings or the amount by which weekly disposable earnings exceed $217.50 (30×$7.25). If the judgment is for a private student loan, the cap is 15% instead of 25%.18-4-5Federal garnishment limits also apply.
Wildcard$1,200 of any property, plus any unused homestead portion (up to $10,000)44-13-100(a)(6)Depending on unused homestead, the wildcard can reach $11,200 total.