Tag Archives: exemption
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On May 2, 2012, the homestead exemption was increased which brought the exemption for an individual filer to $21,500.00 and nearly in line with the federal homestead exemption. This was especially important to Georgia debtors who are not allowed to use the federal exemption as an alternative to the Georgia exemption. In the nearby state… Read More »
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A recent bankruptcy court decision in Silliman v. Cassell reacquaints us with the similarities and differences in the Georgia exemption language in 44-13-100(a)(2)(E) and in the federal exemption in 11 USC Section 522(d)(10)(E). The Georgia exemption is modeled after the federal exemption and is similar, but not identical. Georgia exempts “a payment under a pension,… Read More »