As recorded by US Government Courts, the fees for filing bankruptcies are:
Chapter 7 Bankruptcy – $299
Chapter 11 Bankruptcy – $1,039
Chapter 12 Bankruptcy – $239
Chapter 13 Bankruptcy – $274
These figures are the same in every state in the United States, including Georgia. It does not include fees for lawyers, which can vary depending on experience and time involved in your filing.
For personal bankruptcy, you only need to consider Chapter 7 and Chapter 13. So we know Chapter 7 is $299 to file in any court, including Georgia Bankruptcy Court, and Chapter 13 is $274 in the same court.
How do you file bankruptcy in Georgia?
There are three courts which handle bankruptcy for all counties of the state of Georgia. These are Georgia Middle District Court, Georgia Northern District Court, and Georgia Southern District Court. Each court has offices across their districts, not just one sole court. And each court handles multiple counties in its area for filing bankruptcy.
To file bankruptcy in the state of Georgia, you need to first see if you’re eligible. Most are eligible for either Chapter 7 or Chapter 13. Some, however, are eligible only for Chapter 13 bankruptcy in Georgia. This is because, if you make too much, you are not eligible for Georgia Chapter 7 bankruptcy.
Let’s go over that in detail. It depends on how many residents live in your home, from 1 to however many you have. For a single resident, the current median income for Georgia $40,691.If you make less than that, you are eligible for Chapter 7 bankruptcy. If you make more than that, new bankruptcy laws make it clear you will likely have to file under Chapter 13 bankruptcy.
The more residents in your family, the higher the median income is. For example, if you have four residents in your home, the median income in Georgia is $68,502. These will change every year.
How do you file for Georgia bankruptcy?
The first step is hiring a professional bankruptcy attorney in your area who can help. There are many documents, laws, and guidelines you have to go over. If you file Chapter 7 bankruptcy, it first must be clear you are eligible, what assets you have which you may lose, and if it’s the best option for you. On the other hand, if you want to file under Chapter 13 bankruptcy, a much longer process but still effective, you need to come up with a debt repayment plan and prove to the courts you can follow it.
How do you hire a Georgia bankruptcy lawyer?
Since each state has differences in precisely how the laws work, you should immediately consult with a professional in Georgia. You can ask those you know who work in law for references, you can search on sites and blogs like this for experienced lawyers, and you can begin calling and emailing top prospects. Once you’ve made a list, you can interview them all. Bear in mind, you want an experienced Georgia bankruptcy attorney who 1) isn’t overloaded with clients and 2) can immediately consult you on the best options.
