Sunday, March 16, 2008

File Chapter 13 Bankruptcy in GA

Who can file a chapter 13 bankruptcy petition in Georgia?

Individuals may file chapter 13 bankruptcy petitions if they:

(1) reside, have a domicile in Georgia for 189 prior to filing case or, a place of business, or property in Georgia;

(2) have a source of regular income; and

(3) on the date the petition is filed owe less than $250,000 in non-contingent, liquidated, unsecured debts and less than $750,000 in non-contingent, liquidated, secured debts.

Corporations and partnerships may not file a chapter 13 bankruptcy petition.

If you filed a prior bankruptcy petition and the prior proceeding was dismissed within the last 180 days, you may not be able to file a second petition and should check 11 U.S.C. sec. 109(g).

Where do you start? The best thing to do is to set up a free consultation with Galler Law Firm to get your questions answered. Call today or schedule online 770-671-8830.

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