The Georgia Exemption Statute

• 44-13-100.

 (a) In lieu of the exemption provided in Code Section 44-13-1, any debtor who is a natural person

may exempt, pursuant to this article, for purposes of bankruptcy, the following property:

   (1) The debtor's aggregate interest, not to exceed $10,000.00 in value, in real property or personal

property that the debtor or a dependent of the debtor uses as a residence, in a cooperative that

owns property that the debtor or a dependent of the debtor uses as a residence, or in a burial plot for

the debtor or a dependent of the debtor.  In the event title to property used for the exemption provided

under this paragraph is in one of two spouses who is a debtor, the amount of the exemption hereunder

shall be $20,000.00;

   (2) The debtor's right to receive:

         (A) A social security benefit, unemployment compensation, or a local public assistance benefit;

         (B) A veteran's benefit;

         (C) A disability, illness, or unemployment benefit;

         (D) Alimony, support, or separate maintenance, to the extent reasonably necessary for the

support of the debtor and any dependent of the debtor;

         (E) A payment under a pension, annuity, or similar plan or contract on account of illness,

disability, death, age, or length of service, to the extent reasonably necessary for the support of the

debtor and any dependent of the debtor; and

         (F) A payment from an individual retirement account within the meaning of Title 26 U.S.C.

Section 408 to the extent reasonably necessary for the support of the debtor and any dependent of the

debtor;

   (2.1) The debtor's aggregate interest in any funds or property held on behalf of the debtor, and not

yet distributed to the debtor, under any retirement or pension plan or system:

         (A) Which is: (i) maintained for public officers or employees or both by the State of Georgia or a

political subdivision of the State of Georgia or both; and (ii) financially supported in whole or in part by

public funds of the State of Georgia or a political subdivision of the State of Georgia or both;

         (B) Which is: (i) maintained by a nonprofit corporation which is qualified as an exempt

organization under Code Section 48-7-25 for its officers or employees or both; and (ii) financially

supported in whole or in part by funds of the nonprofit corporation;

         (C) To the extent permitted by the bankruptcy laws of the United States similar benefits from the

private sector of such debtor shall be entitled to the same treatment as those specified in

subparagraphs (A) and (B) of this paragraph, provided that the exempt or nonexempt status of periodic

payments from such a retirement or pension plan or system shall be as provided under subparagraph

         (E) of paragraph (2) of this subsection; or

         (D) An individual retirement account within the meaning of Title 26 U.S.C. Section 408;

   (3) The debtor's interest, not to exceed the total of $3,500.00 in value, in all motor vehicles;

(4) The debtor's interest, not to exceed $300.00 in value in any particular item, in household

furnishings, household goods, wearing apparel, appliances, books, animals, crops, or musical

instruments that are held primarily for the personal, family, or household use of the debtor or a

dependent of the debtor. The exemption of the debtor's interest in the items contained in this

paragraph shall not exceed $5,000.00 in total value;

   (5) The debtor's aggregate interest, not to exceed $500.00 in value, in jewelry held primarily for the

personal, family, or household use of the debtor or a dependent of the debtor;

   (6) The debtor's aggregate interest, not to exceed $600.00 in value plus any unused amount of the

exemption, not to exceed $5,000.00, provided under paragraph (1) of this subsection, in any property;

   (7) The debtor's aggregate interest, not to exceed $1,500.00 in value, in any implements,

professional books, or tools of the trade of the debtor or the trade of a dependent of the debtor;

   (8) Any unmatured life insurance contract owned by the debtor, other than a credit life insurance

contract;

   (9) The debtor's aggregate interest, not to exceed $2,000.00 in value, less any amount of property of

the estate transferred in the manner specified in Section 542(d) of U.S. Code Title 11, in any accrued

dividend or interest under, or loan or cash value of, any unmatured life insurance contract owned by the

debtor under which the insured is the debtor or an individual of whom the debtor is a dependent;

   (10) Professionally prescribed health aids for the debtor or a dependent of the debtor; and

   (11) The debtor's right to receive, or property that is traceable to:

         (A) An award under a crime victim's reparation law;

         (B) A payment on account of the wrongful death of an individual of whom the debtor was a

dependent, to the extent reasonably necessary for the support of the debtor and any dependent of the

debtor;

         (C) A payment under a life insurance contract that insured the life of an individual of whom the

debtor was a dependent on the date of such individual's death, to the extent reasonably necessary for

the support of the debtor and any dependent of the debtor;

         (D) A payment, not to exceed $10,000.00, on account of personal bodily injury, not including

pain and suffering or compensation for actual pecuniary loss, of the debtor or an individual of whom the

debtor is a dependent; or

       (E) A payment in compensation of loss of future earnings of the debtor or an individual of whom

the debtor is or was a dependent, to the extent reasonably necessary for the support of the debtor and

any dependent of the debtor.

 (b) Pursuant to 11 U.S.C. Section 522(b)(1), an individual debtor those domicile is in Georgia is

prohibited from applying or utilizing 11 U.S.C. Section 522(d) in connection with exempting property

from his or her estate; and such individual debtor may exempt from property of his or her estate only

such property as may be exempted from the estate pursuant to 11 U.S.C. Section 522(b)(2)(A) and (B)

For the purposes of this subsection, an "individual debtor whose domicile is in Georgia" means an

individual whose domicile has been located in Georgia for the 180 days immediately preceding the

date of the filing of the bankruptcy petition or for a longer portion of such 180 day period than in any

other place.

 (c) The exemptions and protections contained in this article are extended to intestate insolvent

estates in all cases where there is a living widow or child of the intestate.